CMCO vs. ASTE, PLOW, MTW, VMI, KAI, NPO, JBT, MWA, ESE, and AIN
Should you be buying Columbus McKinnon stock or one of its competitors? The main competitors of Columbus McKinnon include Astec Industries (ASTE), Douglas Dynamics (PLOW), Manitowoc (MTW), Valmont Industries (VMI), Kadant (KAI), Enpro (NPO), John Bean Technologies (JBT), Mueller Water Products (MWA), ESCO Technologies (ESE), and Albany International (AIN).
Columbus McKinnon (NASDAQ:CMCO) and Astec Industries (NASDAQ:ASTE) are both small-cap industrial products companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, community ranking, institutional ownership, valuation, profitability, analyst recommendations, earnings, media sentiment and risk.
Columbus McKinnon presently has a consensus target price of $50.00, suggesting a potential upside of 27.88%. Astec Industries has a consensus target price of $43.50, suggesting a potential upside of 33.89%. Given Astec Industries' higher possible upside, analysts plainly believe Astec Industries is more favorable than Columbus McKinnon.
In the previous week, Columbus McKinnon had 14 more articles in the media than Astec Industries. MarketBeat recorded 20 mentions for Columbus McKinnon and 6 mentions for Astec Industries. Astec Industries' average media sentiment score of 0.54 beat Columbus McKinnon's score of 0.31 indicating that Astec Industries is being referred to more favorably in the news media.
96.0% of Columbus McKinnon shares are held by institutional investors. Comparatively, 93.2% of Astec Industries shares are held by institutional investors. 1.5% of Columbus McKinnon shares are held by company insiders. Comparatively, 0.7% of Astec Industries shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Columbus McKinnon has higher earnings, but lower revenue than Astec Industries. Columbus McKinnon is trading at a lower price-to-earnings ratio than Astec Industries, indicating that it is currently the more affordable of the two stocks.
Columbus McKinnon has a beta of 1.27, indicating that its stock price is 27% more volatile than the S&P 500. Comparatively, Astec Industries has a beta of 1.4, indicating that its stock price is 40% more volatile than the S&P 500.
Astec Industries received 117 more outperform votes than Columbus McKinnon when rated by MarketBeat users. Likewise, 64.16% of users gave Astec Industries an outperform vote while only 61.34% of users gave Columbus McKinnon an outperform vote.
Columbus McKinnon pays an annual dividend of $0.28 per share and has a dividend yield of 0.7%. Astec Industries pays an annual dividend of $0.52 per share and has a dividend yield of 1.6%. Columbus McKinnon pays out 17.3% of its earnings in the form of a dividend. Astec Industries pays out 47.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
Columbus McKinnon has a net margin of 4.60% compared to Astec Industries' net margin of 1.91%. Columbus McKinnon's return on equity of 9.65% beat Astec Industries' return on equity.
Summary
Columbus McKinnon beats Astec Industries on 11 of the 20 factors compared between the two stocks.
Get Columbus McKinnon News Delivered to You Automatically
Sign up to receive the latest news and ratings for CMCO and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding CMCO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Columbus McKinnon Competitors List
Related Companies and Tools
