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Columbus McKinnon - Stock

Columbus McKinnon P/E 2024

Columbus McKinnon P/E

23.16

Ticker

CMCO

ISIN

US1993331057

WKN

899458

As of Jun 27, 2024, Columbus McKinnon's P/E ratio was 23.16, a 5.37% change from the 21.98 P/E ratio recorded in the previous year.

The Columbus McKinnon P/E history

Columbus McKinnon Aktienanalyse

What does Columbus McKinnon do?

The Columbus McKinnon Corporation is a globally operating company that operates in the fields of material handling and safety solutions. The company was founded in 1875 in Buffalo, New York, and has since had a vibrant history. Initially specializing in winches and chains, Columbus McKinnon has evolved over time into a leading provider of material handling solutions. In 1977, the company went public, providing it with a solid financial foundation to expand its business further. The company is divided into three main divisions: Material Handling, Commercial Products, and Energy Equipment. These divisions are designed to cover various industries and needs, offering a wide range of products and solutions. In the Material Handling division, Columbus McKinnon manufactures lifting and transport equipment, including chain hoists, electric chain hoists, winches, and pneumatic lifting devices. The company is known for its robust and reliable products, which are used in a variety of applications, from manufacturing to construction. Columbus McKinnon's Commercial Products division produces a wide range of industrial and construction equipment, including cranes, construction equipment, and commercial trailers. Safety and reliability are also a priority here to meet the demands of customers in different industries. The Energy Equipment division specializes in the production of air and gas compressors. These products are used in the energy sector, particularly in the oil and gas industry, to operate components and systems. Columbus McKinnon has also taken a strong leadership role in the development of innovative and cost-effective safety system solutions. This includes fall protection, workplace safety, and material handling. The company offers products such as fall protection systems, gripping tools, and maintenance systems. In this division, Columbus McKinnon holds a number of product patents and a strong commitment to invention and innovation. Another important aspect of Columbus McKinnon's business model is the strategic acquisition of companies in the industry that can add new products and technologies to the overall offering or expand the company's reach. An example of this is the acquisition of Stahlhammer Bommern, a manufacturer of winches and lifting devices from Germany. Overall, the company has a strong global presence and works closely with its customers in various industries to find innovative and effective solutions for their needs. Columbus McKinnon has been in business for over 140 years and has consistently adapted successfully to the changing requirements and needs of its customers. Columbus McKinnon ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Columbus McKinnon's P/E Ratio

The Price to Earnings (P/E) Ratio of Columbus McKinnon is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Columbus McKinnon's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Columbus McKinnon is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Columbus McKinnon’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Columbus McKinnon Stock

What is the price-to-earnings ratio of Columbus McKinnon?

The price-earnings ratio of Columbus McKinnon is currently 23.16.

How has the price-earnings ratio of Columbus McKinnon changed compared to last year?

The price-to-earnings ratio of Columbus McKinnon has increased by 5.37% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Columbus McKinnon high compared to other companies?

Yes, the price-to-earnings ratio of Columbus McKinnon is high compared to other companies.

How does an increase in the price-earnings ratio of Columbus McKinnon affect the company?

An increase in the price-earnings ratio of Columbus McKinnon would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Columbus McKinnon affect the company?

A decrease in the price-earnings ratio of Columbus McKinnon would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Columbus McKinnon?

Some factors that influence the price-earnings ratio of Columbus McKinnon are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Columbus McKinnon pay?

Over the past 12 months, Columbus McKinnon paid a dividend of 0.14 USD . This corresponds to a dividend yield of about 0.41 %. For the coming 12 months, Columbus McKinnon is expected to pay a dividend of 0.14 USD.

What is the dividend yield of Columbus McKinnon?

The current dividend yield of Columbus McKinnon is 0.41 %.

When does Columbus McKinnon pay dividends?

Columbus McKinnon pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Columbus McKinnon?

Columbus McKinnon paid dividends every year for the past 13 years.

What is the dividend of Columbus McKinnon?

For the upcoming 12 months, dividends amounting to 0.14 USD are expected. This corresponds to a dividend yield of 0.42 %.

In which sector is Columbus McKinnon located?

Columbus McKinnon is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Columbus McKinnon kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Columbus McKinnon from 5/13/2024 amounting to 0.07 USD, you needed to have the stock in your portfolio before the ex-date on 5/2/2024.

When did Columbus McKinnon pay the last dividend?

The last dividend was paid out on 5/13/2024.

What was the dividend of Columbus McKinnon in the year 2023?

In the year 2023, Columbus McKinnon distributed 0.28 USD as dividends.

In which currency does Columbus McKinnon pay out the dividend?

The dividends of Columbus McKinnon are distributed in USD.

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Andere Kennzahlen von Columbus McKinnon

Our stock analysis for Columbus McKinnon Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Columbus McKinnon Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.