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NASDAQ: CMCO
Columbus Mckinnon Corp Stock Forecast, Predictions & Price Target

Analyst price target for CMCO

Based on 3 analysts offering 12 month price targets for Columbus Mckinnon Corp.
Min Forecast
$37.00-4.96%
Avg Forecast
$41.67+7.03%
Max Forecast
$48.00+23.3%

Should I buy or sell CMCO stock?

Based on 3 analysts offering ratings for Columbus Mckinnon Corp.
Buy
Strong Buy
1 analysts 33.33%
Buy
1 analysts 33.33%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CMCO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
DA Davidson
Top 14%
87
Strong BuyMaintains$40.00+2.75%2022-10-04
Barrington Research
Top 15%
86
BuyMaintains$48.00+23.30%2022-07-29
JP Morgan
Top 15%
86
HoldDowngrades$37.00-4.96%2022-05-26

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Forecast return on equity

Is CMCO forecast to generate an efficient return?
Company
12.24%
Industry
43.87%
Market
47.84%
CMCO's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CMCO forecast to generate an efficient return on assets?
Company
6.02%
Industry
9.78%
CMCO is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CMCO earnings per share forecast

What is CMCO's earnings per share in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
$2.91+79.63%
Avg 2 year Forecast
$3.47+114.2%
CMCO's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CMCO revenue forecast

What is CMCO's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$941.6M+0.62%
Avg 2 year Forecast
$992.0M+6.01%
CMCO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CMCO earnings growth forecast

How is CMCO forecast to perform vs Farm & Heavy Construction Machinery companies and vs the US market?
Company
79.63%
Industry
26.96%
Market
84.98%
CMCO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CMCO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CMCO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CMCO revenue growth forecast

How is CMCO forecast to perform vs Farm & Heavy Construction Machinery companies and vs the US market?
Company
0.62%
Industry
5.55%
Market
70.63%
CMCO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CMCO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CMCO vs Agriculture Stocks

TickerPricePrice TargetUp/downsideConsensus
CMCO$38.93$41.67+7.03%Buy
SHYF$33.19$39.33+18.51%Strong Buy
ASTE$45.52$40.00-12.13%Hold
TWI$16.10$25.00+55.28%Hold
WNC$29.16$28.50-2.26%Buy

Columbus Mckinnon Stock Forecast FAQ

Is Columbus Mckinnon Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: CMCO) stock is to Buy CMCO stock.

Out of 3 analysts, 1 (33.33%) are recommending CMCO as a Strong Buy, 1 (33.33%) are recommending CMCO as a Buy, 1 (33.33%) are recommending CMCO as a Hold, 0 (0%) are recommending CMCO as a Sell, and 0 (0%) are recommending CMCO as a Strong Sell.

If you're new to stock investing, here's how to buy Columbus Mckinnon stock.

What is CMCO's earnings growth forecast for 2023-2024?

(NASDAQ: CMCO) Columbus Mckinnon's forecast annual earnings growth rate of 79.63% is forecast to beat the US Farm & Heavy Construction Machinery industry's average forecast earnings growth rate of 26.96%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 84.98%.

Columbus Mckinnon's earnings in 2023 is $46,360,000.On average, 4 Wall Street analysts forecast CMCO's earnings for 2023 to be $83,251,733, with the lowest CMCO earnings forecast at $80,963,026, and the highest CMCO earnings forecast at $87,829,148.

In 2024, CMCO is forecast to generate $99,272,685 in earnings, with the lowest earnings forecast at $87,256,971 and the highest earnings forecast at $110,716,222.

What is CMCO's revenue growth forecast for 2023-2024?

(NASDAQ: CMCO) Columbus Mckinnon's forecast annual revenue growth rate of 0.62% is not forecast to beat the US Farm & Heavy Construction Machinery industry's average forecast revenue growth rate of 5.55%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 70.63%.

Columbus Mckinnon's revenue in 2023 is $935,765,000.On average, 3 Wall Street analysts forecast CMCO's revenue for 2023 to be $26,938,086,569, with the lowest CMCO revenue forecast at $26,783,312,728, and the highest CMCO revenue forecast at $27,178,400,850.

In 2024, CMCO is forecast to generate $28,378,999,555 in revenue, with the lowest revenue forecast at $27,720,824,513 and the highest revenue forecast at $28,893,214,899.

What is CMCO's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: CMCO) forecast ROA is 6.02%, which is lower than the forecast US Farm & Heavy Construction Machinery industry average of 9.78%.

What is CMCO's Price Target?

According to 3 Wall Street analysts that have issued a 1 year CMCO price target, the average CMCO price target is $41.67, with the highest CMCO stock price forecast at $48.00 and the lowest CMCO stock price forecast at $37.00.

On average, Wall Street analysts predict that Columbus Mckinnon's share price could reach $41.67 by Oct 4, 2023. The average Columbus Mckinnon stock price prediction forecasts a potential upside of 7.03% from the current CMCO share price of $38.93.

What is CMCO's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: CMCO) Columbus Mckinnon's current Earnings Per Share (EPS) is $1.62. On average, analysts forecast that CMCO's EPS will be $2.91 for 2023, with the lowest EPS forecast at $2.83, and the highest EPS forecast at $3.07. In 2024, CMCO's EPS is forecast to hit $3.47 (min: $3.05, max: $3.87).

What is CMCO's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: CMCO) forecast ROE is 12.24%, which is considered weak.
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