Columbus McKinnon Stock Target Price and Analyst Consensus
| CMCO Stock | USD 41.76 0.24 0.58% |
The current analyst and expert consensus on Columbus McKinnon is Strong Buy, with 3 strong buy opinions. The current projected Columbus McKinnon target price consensus is 50.25 with 4 analyst opinions. The most common way Columbus McKinnon analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Columbus McKinnon executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Columbus McKinnon. We encourage you to use your own analysis of Columbus McKinnon to validate this buy or sell advice. Columbus McKinnon buy-or-sell recommendation module provides average expert sentiment on the projected Columbus McKinnon target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Columbus McKinnon to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.
Lowest Forecast 45.73 | Highest Forecast 55.78 | Target Price 50.25 |
Columbus |
It's important to approach Columbus McKinnon's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Columbus McKinnon price targets
Columbus McKinnon's stock target price is an estimate of its future price, usually made by analysts. Using Columbus McKinnon's target price to determine if it is a suitable investment can be done through the following steps:- Look at Columbus McKinnon's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Columbus McKinnon's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Columbus McKinnon Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Columbus McKinnon is a key component of Columbus McKinnon valuation and have some predictive power on the future returns of a Columbus McKinnon.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Columbus McKinnon's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Impulse Invested over 100 shares | |
 | Automobiles and Trucks Invested over 60 shares | |
 | Business Services Invested few shares | |
 | Momentum Invested over 40 shares | |
 | Warren Buffett Holdings Invested over 40 shares | |
 | Chemicals Invested over 40 shares | |
 | Investor Favorites Invested few shares | |
 | Synthetics Invested over 100 shares | |
Check out Macroaxis Advice on Columbus McKinnon to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.Note that the Columbus McKinnon information on this page should be used as a complementary analysis to other Columbus McKinnon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Columbus Stock analysis
When running Columbus McKinnon's price analysis, check to measure Columbus McKinnon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Columbus McKinnon is operating at the current time. Most of Columbus McKinnon's value examination focuses on studying past and present price action to predict the probability of Columbus McKinnon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Columbus McKinnon's price. Additionally, you may evaluate how the addition of Columbus McKinnon to your portfolios can decrease your overall portfolio volatility.
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The data published in Columbus McKinnon's official financial statements usually reflect Columbus McKinnon's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Columbus McKinnon. For example, before you start analyzing numbers published by Columbus accountants, it's critical to develop an understanding of what Columbus McKinnon's liquidity, profitability, and earnings quality are in the context of the Machinery space in which it operates.
Please note, the presentation of Columbus McKinnon's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Columbus McKinnon's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Columbus McKinnon's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Columbus McKinnon. Please utilize our Beneish M Score to check the likelihood of Columbus McKinnon's management manipulating its earnings.