Columbus McKinnon Corp 
CMCO is a stock that is highly cyclical, moving in "boom and bust" cycles every 3-5 years. As indicated by its entry into my "crash" simple moving average area (currently between $11 and $13), it may be nearing the end of its bust cycle (time will tell). With a book value at $31, debt-to-equity of 0.6x (healthy), quick ratio over 1 (healthy), insiders buying over $1 million in the past 6 months, a 2% dividend yield, and earning forecast to grow after 2025, CMCO may be a hidden gem for double-digit returns in the coming years. But every investment is a risk.
Thus, at $14.90,CMCO is in a personal buy zone.
Targets:
CMCO is a stock that is highly cyclical, moving in "boom and bust" cycles every 3-5 years. As indicated by its entry into my "crash" simple moving average area (currently between $11 and $13), it may be nearing the end of its bust cycle (time will tell). With a book value at $31, debt-to-equity of 0.6x (healthy), quick ratio over 1 (healthy), insiders buying over $1 million in the past 6 months, a 2% dividend yield, and earning forecast to grow after 2025, CMCO may be a hidden gem for double-digit returns in the coming years. But every investment is a risk.Thus, at $14.90,
CMCO is in a personal buy zone.Targets:
- $25.00 (+67.8%)
- $30.00 (+101.3%)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.