CMCO vs. ASTE, PLOW, MTW, LNN, GIC, CDRE, HY, SCSC, MRC, and HOLI
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), Lindsay (LNN), Global Industrial (GIC), Cadre (CDRE), Hyster-Yale Materials Handling (HY), ScanSource (SCSC), MRC Global (MRC), and Hollysys Automation Technologies (HOLI).
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 businesses based on the strength of their analyst recommendations, earnings, institutional ownership, media sentiment, valuation, dividends, community ranking, risk and profitability.
Astec Industries received 118 more outperform votes than Columbus McKinnon when rated by MarketBeat users. Likewise, 64.16% of users gave Astec Industries an outperform vote while only 61.26% of users gave Columbus McKinnon an outperform vote.
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 insiders. Comparatively, 0.7% of Astec Industries shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Columbus McKinnon has a net margin of 4.86% compared to Astec Industries' net margin of 1.91%. Columbus McKinnon's return on equity of 9.88% beat Astec Industries' return on equity.
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 presently has a consensus target price of $50.00, indicating a potential upside of 11.51%. Astec Industries has a consensus target price of $43.50, indicating a potential upside of 29.89%. Given Astec Industries' higher probable upside, analysts plainly believe Astec Industries is more favorable than Columbus McKinnon.
Columbus McKinnon has a beta of 1.27, suggesting that its stock price is 27% more volatile than the S&P 500. Comparatively, Astec Industries has a beta of 1.4, suggesting that its stock price is 40% more volatile than the S&P 500.
In the previous week, Columbus McKinnon had 1 more articles in the media than Astec Industries. MarketBeat recorded 3 mentions for Columbus McKinnon and 2 mentions for Astec Industries. Columbus McKinnon's average media sentiment score of 0.00 equaled Astec Industries'average media sentiment score.
Columbus McKinnon pays an annual dividend of $0.28 per share and has a dividend yield of 0.6%. Astec Industries pays an annual dividend of $0.52 per share and has a dividend yield of 1.6%. Columbus McKinnon pays out 16.6% 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.
Summary
Columbus McKinnon beats Astec Industries on 12 of the 19 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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