The VP – Finance and CFO of Columbus McKinnon (CMCO), Gregory Rustowicz Unloaded 3,271 Shares; KMG Chemicals Has 1.11 Sentiment

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Sentiment for KMG Chemicals Inc (KMG)

KMG Chemicals Inc (KMG) investors sentiment decreased to 1.11 in Q1 2018. It’s down -0.54, from 1.65 in 2017Q4. The ratio dropped, as 63 investment managers increased or opened new equity positions, while 57 sold and reduced their holdings in KMG Chemicals Inc. The investment managers in our database now have: 12.99 million shares, up from 11.87 million shares in 2017Q4. Also, the number of investment managers holding KMG Chemicals Inc in top ten equity positions decreased from 4 to 3 for a decrease of 1. Sold All: 16 Reduced: 41 Increased: 39 New Position: 24.

Trigran Investments Inc. holds 6.05% of its portfolio in KMG Chemicals, Inc. for 477,776 shares. Bard Associates Inc owns 55,820 shares or 1.67% of their US portfolio. Moreover, Redwood Investments Llc has 1.26% invested in the company for 284,563 shares. The Massachusetts-based Ironwood Investment Management Llc has invested 1.22% in the stock. Hood River Capital Management Llc, a Oregon-based fund reported 295,801 shares.

KMG Chemicals, Inc., through its subsidiaries, makes, formulates, and distributes specialty chemicals worldwide. The company has market cap of $1.05 billion. The companyÂ’s Electronic Chemicals segment is involved in the sale of high purity and ultra purity wet process chemicals primarily to clean and etch silicon wafers in the production of semiconductors. It has a 21.13 P/E ratio. This segmentÂ’s products include sulfuric, phosphoric, and nitric and hydrofluoric acids; ammonium hydroxide; hydrogen peroxide; isopropyl alcohol; other specialty organic solvents; and various blends of chemicals.

The stock increased 0.55% or $0.37 during the last trading session, reaching $67.43. About 35,327 shares traded. KMG Chemicals, Inc. (KMG) has risen 15.76% since June 4, 2017 and is uptrending. It has outperformed by 3.19% the S&P500.

Analysts await KMG Chemicals, Inc. (NYSE:KMG) to report earnings on June, 8. They expect $0.87 EPS, up 64.15% or $0.34 from last year’s $0.53 per share. KMG’s profit will be $13.50 million for 19.38 P/E if the $0.87 EPS becomes a reality. After $1.04 actual EPS reported by KMG Chemicals, Inc. for the previous quarter, Wall Street now forecasts -16.35% negative EPS growth.

More news for KMG Chemicals, Inc. (NYSE:KMG) were recently published by: Globenewswire.com, which released: “KMG Schedules Fiscal Third Quarter 2018 Results Call” on May 31, 2018. Globenewswire.com‘s article titled: “Analysis: Positioning to Benefit within Shiloh Industries, KMG Chemicals, Quad Graphics, Kearny Financial, Teledyne …” and published on May 29, 2018 is yet another important article.

Since January 1, 0001, it had 0 insider purchases, and 15 sales for $28.06 million activity.

Among 6 analysts covering Columbus McKinnon (NASDAQ:CMCO), 5 have Buy rating, 1 Sell and 0 Hold. Therefore 83% are positive. Columbus McKinnon has $50.0 highest and $17 lowest target. $42.50’s average target is -0.05% below currents $42.52 stock price. Columbus McKinnon had 11 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Columbus McKinnon Corporation (NASDAQ:CMCO) has “Buy” rating given on Thursday, January 26 by Sidoti. As per Monday, January 18, the company rating was downgraded by Seaport Global Securities. On Monday, January 23 the stock rating was upgraded by Seaport Global Securities to “Buy”. Seaport Global Securities downgraded the shares of CMCO in report on Friday, January 15 to “Neutral” rating. Sidoti downgraded the shares of CMCO in report on Wednesday, December 7 to “Neutral” rating. The stock of Columbus McKinnon Corporation (NASDAQ:CMCO) has “Buy” rating given on Monday, May 14 by Craig Hallum. On Friday, July 28 the stock rating was initiated by Roth Capital with “Buy”. The firm earned “Sell” rating on Monday, September 21 by Zacks. The firm earned “Buy” rating on Thursday, November 2 by Roth Capital. Seaport Global maintained it with “Buy” rating and $50.0 target in Wednesday, January 10 report.

Since December 13, 2017, it had 0 insider buys, and 5 selling transactions for $223,629 activity. Korman Alan S sold 1,500 shares worth $54,675. On Tuesday, March 6 Stewart John H. sold $13,220 worth of Columbus McKinnon Corporation (NASDAQ:CMCO) or 362 shares.

Columbus McKinnon Corporation designs, makes, and markets hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products for commercial and industrial end-user markets worldwide. The company has market cap of $981.80 million. It offers various electric chain hoists, electric wire rope hoists, hand-operated hoists, winches, lever tools, and air-powered hoists, as well as supplies hoist trolleys; below-the-hook tooling, clamps, and textile strappings; and explosion-protected hoists. It has a 108.47 P/E ratio. The firm also provides alloy and carbon steel chains; alloy chains under the Herc-Alloy brand; load chains and carbon steel welded-link chains; alloy and carbon steel closed-die forged chain attachments, including hooks, shackles, Hammerloks, and master links; eye, shank, and ramshorn lifting hooks; and carbon steel forged and stamped products, such as load binders, logging tools, and other securing devices.

Analysts await Columbus McKinnon Corporation (NASDAQ:CMCO) to report earnings on August, 7. They expect $0.60 earnings per share, up 9.09% or $0.05 from last year’s $0.55 per share. CMCO’s profit will be $13.85 million for 17.72 P/E if the $0.60 EPS becomes a reality. After $0.51 actual earnings per share reported by Columbus McKinnon Corporation for the previous quarter, Wall Street now forecasts 17.65% EPS growth.

Columbus Mckinnon Corp’s VP – Finance and CFO, Gregory Rustowicz, made a sale of 3,271 shares of stock in the public firm. The reported average cost paid by Gregory Rustowicz per share was $42.1, for total deal amount of $137,807 U.S Dollars. Gregory Rustowicz now has ownership of 0.18% of the Company’s stock market cap with ownership of 42,095 shares. 

More recent Columbus McKinnon Corporation (NASDAQ:CMCO) news were published by: Benzinga.com which released: “Columbus McKinnon Q4 Earnings Outlook” on May 29, 2018. Also Globenewswire.com published the news titled: “New Research: Key Drivers of Growth for Primo Water, Columbus McKinnon, Dominion Energy Midstream Partners, LP ..” on May 29, 2018. Benzinga.com‘s news article titled: “Earnings Scheduled For May 30, 2018” with publication date: May 30, 2018 was also an interesting one.

The stock decreased 0.05% or $0.02 during the last trading session, reaching $42.52. About 82,207 shares traded. Columbus McKinnon Corporation (NASDAQ:CMCO) has risen 54.40% since June 4, 2017 and is uptrending. It has outperformed by 41.83% the S&P500.

KMG Chemicals, Inc. (NYSE:KMG) Institutional Positions Chart