(CMCO) Columbus McKinnon - Ratings and Ratios

Columbus McKinnon Corporation (NASDAQ:CMCO) is a global leader in the design, manufacture, and marketing of motion solutions for material handling and movement. The companys product portfolio includes a wide range of hoists (manual, battery, electric, and air), jacks (steel, rack, and pinion), winches, hydraulic jacks and tools, trolleys, clamps, lifting tables, skates, and heavy load moving systems. It also offers material handling equipment, cranes (mobile, workplace, and jib), crane components and kits, and below-the-hook lifting devices, including slings, lashing systems, and hooks. Additionally, the company provides linear motion products, elevator and mining drives, brakes, radio controls, collision avoidance systems, regenerative drives, AC and DC drive and motor control systems, and conductor bar systems. Its underfloor lifting systems, roof working platforms, hybrid lifting systems, turntables, bogie axle exchange and lifting systems, and workshop equipment cater to specialized industrial needs.

Columbus McKinnon serves diverse markets such as EV production, aerospace, energy and utilities, process industries, industrial automation, construction and infrastructure, food and beverage, entertainment, life sciences, consumer packaged goods, and e-commerce/supply chain/warehousing. Its customer base includes end-users, distributors, independent crane builders, material handling specialists, integrators, original equipment manufacturers, government agencies, and engineering procurement and construction firms. Founded in 1875, the company is headquartered in Charlotte, North Carolina, and operates globally.

The companys product line also extends to fabric and modular belts, sanitary and stainless steel conveyors, pallet systems, parts and belts, rotary unions and swivel joints, check valves, accumulation and transfer tables, motion control systems, steel and flexible chains, hooks, shackles, textile slings, clamps, load binders, actuators, and push-button pendant stations. Its solutions are integral to industrial operations, ensuring efficient and safe material handling across various industries.

As of the latest data, Columbus McKinnon Corporation (NASDAQ:CMCO) has a market capitalization of $574.54 million. The stock is trading at $17.45, with a 20-day average volume of 949,629 shares. The stock price is below its 20-day, 50-day, and 200-day Simple Moving Averages (SMA), which stand at $25.79, $32.35, and $34.87, respectively. The Average True Range (ATR) of 1.38 indicates moderate volatility. The forward P/E ratio of 10.94 suggests potential undervaluation compared to its current P/E of 62.75, though this must be evaluated against broader market conditions and the companys growth prospects.