With 1.03 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.55 million shares. The 52-week range on CMCO shows that it touched its highest point at $41.05 and its lowest point at $11.78 during that stretch. It currently has a 1-year price target of $27.50. With its current market cap of 395.13 million, CMCO has annualized dividend of $0.28 while the current yield stands at 2.03%. Beta for the stock currently stands at 1.28.
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 down-trending over the past week, with a drop of -15.96%, but this was down by -7.63% over a month. Three-month performance dropped to -14.97% while six-month performance fell -64.50%. The stock lost -66.05% in the past year, while it has lost -62.94% so far this year. A look at the trailing 12-month EPS for CMCO yields -0.18 with Next year EPS estimates of 2.95. For the next quarter, that number is 0.47. This implies an EPS growth rate of 0.04% for this year and 18.90% for next year.
Float and Shares Shorts:
At present, 28.62 million CMCO shares are outstanding with a float of 27.82 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 $0.65 and the low estimate is $0.53. The average estimate for the next quarter is thus $0.58.
