CMCO vs. ASTE, PLOW, MTW, CDRE, LNN, TRS, SCSC, HY, APOG, and MRC
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), Cadre (CDRE), Lindsay (LNN), TriMas (TRS), ScanSource (SCSC), Hyster-Yale Materials Handling (HY), Apogee Enterprises (APOG), and MRC Global (MRC).
Astec Industries (NASDAQ:ASTE) and Columbus McKinnon (NASDAQ:CMCO) are both small-cap industrial products companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, risk, profitability, dividends, valuation, community ranking, media sentiment, analyst recommendations and institutional ownership.
Astec Industries received 119 more outperform votes than Columbus McKinnon when rated by MarketBeat users. Likewise, 64.26% of users gave Astec Industries an outperform vote while only 61.17% of users gave Columbus McKinnon an outperform vote.
93.2% of Astec Industries shares are held by institutional investors. Comparatively, 96.0% of Columbus McKinnon shares are held by institutional investors. 0.7% of Astec Industries shares are held by company insiders. Comparatively, 1.5% of Columbus McKinnon shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Columbus McKinnon has a net margin of 4.86% compared to Columbus McKinnon's net margin of 2.50%. Astec Industries' return on equity of 9.88% beat Columbus McKinnon's return on equity.
Astec Industries pays an annual dividend of $0.52 per share and has a dividend yield of 1.6%. Columbus McKinnon pays an annual dividend of $0.28 per share and has a dividend yield of 0.7%. Astec Industries pays out 35.4% of its earnings in the form of a dividend. Columbus McKinnon pays out 16.6% 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.
Astec Industries presently has a consensus target price of $43.50, indicating a potential upside of 28.81%. Columbus McKinnon has a consensus target price of $50.00, indicating a potential upside of 21.15%. Given Columbus McKinnon's higher probable upside, analysts plainly believe Astec Industries is more favorable than Columbus McKinnon.
In the previous week, Astec Industries had 29 more articles in the media than Columbus McKinnon. MarketBeat recorded 29 mentions for Astec Industries and 0 mentions for Columbus McKinnon. Columbus McKinnon's average media sentiment score of 0.06 beat Astec Industries' score of 0.00 indicating that Astec Industries is being referred to more favorably in the media.
Astec Industries has a beta of 1.4, meaning that its share price is 40% more volatile than the S&P 500. Comparatively, Columbus McKinnon has a beta of 1.27, meaning that its share price is 27% more volatile than the S&P 500.
Columbus McKinnon has lower revenue, but higher earnings than Astec Industries. Astec Industries is trading at a lower price-to-earnings ratio than Columbus McKinnon, indicating that it is currently the more affordable of the two stocks.
Summary
Columbus McKinnon beats Astec Industries on 11 of the 20 factors compared between the two stocks.
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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.
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