Colfax Corp (NYSE:CFX) CEO Ian Brander sold 1,240 shares of the business’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $33.46, for a total value of $41,490.40. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Shares of Colfax Corp (NYSE:CFX) traded down $0.26 during trading on Thursday, hitting $33.10. The stock had a trading volume of 488,953 shares, compared to its average volume of 1,000,000. Colfax Corp has a fifty-two week low of $31.50 and a fifty-two week high of $43.29. The stock has a market capitalization of $4,060.00, a P/E ratio of -55.17, a price-to-earnings-growth ratio of 1.17 and a beta of 1.17. The company has a quick ratio of 1.47, a current ratio of 1.80 and a debt-to-equity ratio of 0.38.
Colfax (NYSE:CFX) last announced its quarterly earnings data on Tuesday, February 6th. The industrial products company reported $0.45 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.01. Colfax had a return on equity of 6.11% and a net margin of 4.28%. The business had revenue of $874.00 million for the quarter, compared to the consensus estimate of $894.02 million. During the same period in the previous year, the business earned $0.46 earnings per share. The business’s revenue was up 7.6% on a year-over-year basis. analysts forecast that Colfax Corp will post 2.12 earnings per share for the current year.
Several institutional investors have recently made changes to their positions in CFX. Toronto Dominion Bank purchased a new position in shares of Colfax in the second quarter valued at about $118,000. The Manufacturers Life Insurance Company lifted its position in shares of Colfax by 7.3% in the second quarter. The Manufacturers Life Insurance Company now owns 3,688 shares of the industrial products company’s stock worth $145,000 after buying an additional 251 shares in the last quarter. FNY Managed Accounts LLC purchased a new stake in shares of Colfax in the third quarter worth about $160,000. Valeo Financial Advisors LLC purchased a new stake in shares of Colfax in the third quarter worth about $177,000. Finally, Itau Unibanco Holding S.A. lifted its position in shares of Colfax by 225.8% in the fourth quarter. Itau Unibanco Holding S.A. now owns 5,170 shares of the industrial products company’s stock worth $205,000 after buying an additional 3,583 shares in the last quarter. Institutional investors and hedge funds own 76.25% of the company’s stock.
Colfax Company Profile
Colfax Corporation is an industrial manufacturing and engineering company. The Company provides air and gas handling, and fabrication technology products and services. The Company’s segments include Air and Gas handling, and Fabrication Technology. The Air and Gas Handling segment supplies a range of gas handling products, including heavy-duty centrifugal and axial fans, rotary heat exchangers, gas compressors, pumps and certain related products, as well as aftermarket services.
Receive News & Ratings for Colfax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Colfax and related companies with MarketBeat.com's FREE daily email newsletter.