With 0.59 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.52 million shares. The 52-week range on CMCO shows that it touched its highest point at $45.84 and its lowest point at $15.48 during that stretch. It currently has a 1-year price target of $34.00. With its current market cap of 500.15 million, CMCO has annualized dividend of $0.28 while the current yield stands at 1.60%. Beta for the stock currently stands at 1.24.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CMCO was up-trending over the past week, with a rise of 9.59%, but this was down by -48.96% over a month. Three-month performance dropped to -55.91% while six-month performance fell -43.97%. The stock lost -58.73% in the past year, while it has lost -53.06% so far this year. A look at the trailing 12-month EPS for CMCO yields 0.32 with Next year EPS estimates of 2.75. For the next quarter, that number is 0.58. This implies an EPS growth rate of -13.81% for this year and 11.51% for next year. EPS is expected to grow by 3.78% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.25%.
Float and Shares Shorts:
At present, 28.61 million CMCO shares are outstanding with a float of 27.96 million shares on hand for trading.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.97 being high and $2.93 being low. For CMCO, this leads to a yearly average estimate of $2.95. Based on analyst estimates, the high estimate for the next quarter is $0.64 and the low estimate is $0.57. The average estimate for the next quarter is thus $0.61.
