Are Analysts Bullish about Columbus McKinnon Corporation (NASDAQ:CMCO) after last week?

Columbus McKinnon Corporation (NASDAQ:CMCO) Logo
Investors sentiment increased to 1.39 in Q2 2019. Its up 0.20, from 1.19 in 2019Q1. It improved, as 4 investors sold Columbus McKinnon Corporation shares while 53 reduced holdings. 28 funds opened positions while 51 raised stakes. 23.02 million shares or 0.44% more from 22.92 million shares in 2019Q1 were reported.
Goldman Sachs Group Inc holds 159,060 shares or 0% of its portfolio. Foundry Limited Liability Co stated it has 155,485 shares or 0.26% of all its holdings. Tower Rech Capital Ltd Liability Corp (Trc) reported 380 shares stake. 452,078 were accumulated by Alliancebernstein Lp. Morgan Stanley has invested 0% in Columbus McKinnon Corporation (NASDAQ:CMCO). Moreover, Brinker has 0.03% invested in Columbus McKinnon Corporation (NASDAQ:CMCO) for 19,519 shares. Thrivent Financial For Lutherans stated it has 9,104 shares or 0% of all its holdings. Loomis Sayles Co Lp holds 351,640 shares. 18,381 were reported by Engineers Gate Manager L P. Bancorporation Of America Corporation De holds 127,384 shares or 0% of its portfolio. Barrow Hanley Mewhinney & Strauss Lc owns 78,267 shares for 0.01% of their portfolio. Calamos Advsrs Llc has 66,539 shares. Nj State Employees Deferred Compensation Plan holds 0.09% or 12,000 shares in its portfolio. Cambridge Investment Research Advsr holds 0.01% of its portfolio in Columbus McKinnon Corporation (NASDAQ:CMCO) for 18,290 shares. Thompson Siegel Walmsley Lc accumulated 0% or 500 shares.

Columbus McKinnon Corporation (NASDAQ:CMCO) Ratings Coverage

Among 2 analysts covering Columbus McKinnon (NASDAQ:CMCO), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Columbus McKinnon has $5500 highest and $4000 lowest target. $47.50’s average target is 22.08% above currents $38.91 stock price. Columbus McKinnon had 6 analyst reports since April 5, 2019 according to SRatingsIntel. Sidoti maintained the stock with “Buy” rating in Tuesday, August 27 report. Below is a list of Columbus McKinnon Corporation (NASDAQ:CMCO) latest ratings and price target changes.

27/08/2019 Broker: Dougherty Rating: Buy New Target: $40.0000 Initiates Coverage On
27/08/2019 Broker: Sidoti Rating: Buy Old Target: $57.0000 New Target: $55.0000 Maintain
30/05/2019 Broker: BidaskScore Rating: Sell Downgrade
16/05/2019 Broker: BidaskScore Rating: Sell Downgrade
19/04/2019 Broker: BidaskScore Rating: Buy Upgrade
05/04/2019 Broker: BidaskScore Rating: Hold Upgrade

The stock increased 1.43% or $0.55 during the last trading session, reaching $38.91. About 77,339 shares traded. Columbus McKinnon Corporation (NASDAQ:CMCO) has declined 2.90% since September 13, 2018 and is downtrending. It has underperformed by 2.90% the S&P500.

Columbus McKinnon Corporation designs, makes, and markets hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products for commercial and industrial end-user markets worldwide. The company has market cap of $924.17 million. It offers various electric chain hoists, electric wire rope hoists, hand-operated hoists, winches, lever tools, and air-powered hoists, as well as supplies hoist trolleys; below-the-hook tooling, clamps, and textile strappings; and explosion-protected hoists. It has a 17.29 P/E ratio. The firm also provides alloy and carbon steel chains; alloy chains under the Herc-Alloy brand; load chains and carbon steel welded-link chains; alloy and carbon steel closed-die forged chain attachments, including hooks, shackles, Hammerloks, and master links; eye, shank, and ramshorn lifting hooks; and carbon steel forged and stamped products, such as load binders, logging tools, and other securing devices.

More notable recent Columbus McKinnon Corporation (NASDAQ:CMCO) news were published by: Seekingalpha.com which released: “Columbus McKinnon (CMCO) Presents At 31st Annual ROTH Conference – Slideshow – Seeking Alpha” on March 18, 2019, also Globenewswire.com with their article: “Columbus McKinnon Announces New CM Authorized Rigging Centers – GlobeNewswire” published on February 27, 2018, Globenewswire.com published: “Explosion-Protected Models Join Columbus McKinnon’s Wire Rope Hoist Product Family – GlobeNewswire” on March 11, 2019. More interesting news about Columbus McKinnon Corporation (NASDAQ:CMCO) were released by: Seekingalpha.com and their article: “Columbus McKinnon up 9% post Q4 earnings beats – Seeking Alpha” published on May 29, 2019 as well as Globenewswire.com‘s news article titled: “CM Lodestar VS Electric Chain Hoist Now Available in Capacities Up to Three Tons – GlobeNewswire” with publication date: February 13, 2019.

Columbus McKinnon Corporation (NASDAQ:CMCO) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.