CFX - Colfax Corporation

NYSE - NYSE Delayed Price. Currency in USD
25.40
-0.57 (-2.19%)
At close: 4:03PM EDT
Stock chart is not supported by your current browser
Previous Close25.97
Open25.74
Bid25.40 x 800
Ask25.41 x 1100
Day's Range25.07 - 25.74
52 Week Range18.95 - 37.05
Volume2,102,137
Avg. Volume1,892,153
Market Cap2.986B
Beta (3Y Monthly)2.04
PE Ratio (TTM)49.03
EPS (TTM)0.52
Earnings DateAug 5, 2019 - Aug 9, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est33.09
Trade prices are not sourced from all markets
  • Greater Baltimore's public companies outpace the Dow so far in 2019
    American City Business Journals15 hours ago

    Greater Baltimore's public companies outpace the Dow so far in 2019

    The 10 largest local publicly traded companies have seen their stock price increase by an average of 31.5% through June 13.

  • Markit5 days ago

    See what the IHS Markit Score report has to say about Colfax Corp.

    Colfax Corp NYSE:CFXView full report here! Summary * Bearish sentiment is high and has been increasing * Economic output in this company's sector is contracting Bearish sentimentShort interest | NegativeShort interest is high for CFX with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting CFX. Sentiment has worsened and traders added to their bearish short positions on May 22. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold CFX had net inflows of $1.44 billion over the last one-month. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Here’s What Hedge Funds Think About Colfax Corporation (CFX)
    Insider Monkey6 days ago

    Here’s What Hedge Funds Think About Colfax Corporation (CFX)

    Before we spend days researching a stock idea we'd like to take a look at how hedge funds and billionaire investors recently traded that stock. S&P 500 Index ETF (SPY) lost 2.6% in the first two months of the second quarter. Ten out of 11 industry groups in the S&P 500 Index lost value in […]

  • Why Is Colfax (CFX) Down 0.2% Since Last Earnings Report?
    Zacks9 days ago

    Why Is Colfax (CFX) Down 0.2% Since Last Earnings Report?

    Colfax (CFX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Are Colfax Corporation's (NYSE:CFX) Interest Costs Too High?
    Simply Wall St.12 days ago

    Are Colfax Corporation's (NYSE:CFX) Interest Costs Too High?

    While small-cap stocks, such as Colfax Corporation (NYSE:CFX) with its market cap of US$3.0b, are popular for their...

  • 20 More Best Stocks to Buy That You Havenrsquo;t Heard Of
    Kiplinger19 days ago

    20 More Best Stocks to Buy That You Havenrsquo;t Heard Of

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  • Colfax (CFX) to Divest Air and Gas Handling Business to KPS
    Zackslast month

    Colfax (CFX) to Divest Air and Gas Handling Business to KPS

    The divestiture of Air and Gas Handling business will enable Colfax (CFX) to reach its leverage target and raise profitability ratio.

  • PR Newswirelast month

    KPS Capital Partners To Acquire Howden From Colfax Corporation

    NEW YORK, May 16, 2019 /PRNewswire/ -- KPS Capital Partners ("KPS") announced today that it has signed a definitive agreement to acquire Howden, (the "Company") from Colfax Corporation (CFX) for an enterprise value of $1.80 billion, including $1.66 billion in cash consideration and $0.14 billion in assumed liabilities and minority interest, subject to customary closing adjustments. Howden is a leading global provider of mission critical air and gas handling products and services to the industrial, power, oil & gas, and mining industries.  Based in Glasgow, Scotland, Howden has a 160 year heritage as a world-class application engineering and manufacturing company with a presence in 32 countries. Howden manufactures highly engineered fans, compressors, heat exchangers, steam turbines, and other air and gas handling equipment, and provides service and support to customers around the world in highly diversified end-markets and geographies. The Company has over 5,300 employees, including over 650 industry-leading engineers and 22 manufacturing facilities in 12 countries.

  • Reuterslast month

    Colfax to sell air and gas unit in $1.8 bln deal to pay down debt

    Welding and valves manufacturer Colfax Corp said on Thursday it had agreed to sell its air and gas handling unit to private equity firm KPS Capital Partners in a deal valued at $1.8 billion. The deal, which is expected to close in the second half of this year, includes $1.66 billion in cash and $140 million in debt and minority interest. Colfax had $1.2 billion in debt as of Dec. 31.

  • MarketWatchlast month

    Colfax to sell air and gas handling business in a $1.8 billion deal

    Colfax Corp. announced Thursday a deal to sell its air and gas handling business in a deal valued at $1.8 billion to KPS Capital Partners L.P. The stock rallied 2.7% in premarket trade. The deal, which is expected to close in the second half of this year, includes $1.66 billion in cash and $140 million in assumed liabilities and minority interest. "This completes the strategic shift of our portfolio to diversify end-market exposure, reduce cyclicality, and increase profitability," said Colfax Chief Executive Matt Trerotola. "This transaction will position us to achieve our leverage target and pursue strategic bolt-on acquisitions in our Medical Technology and Fabrication Technology segments." The stock has run up 27% year to date through Wednesday, while the S&P 500 has gained 14%.

  • GlobeNewswirelast month

    Colfax Announces Agreement to Sell Its Air and Gas Handling Business to KPS Capital Partners for Enterprise Value of $1.8 Billion

    Colfax Corporation (“Colfax”) (CFX), a leading diversified technology company, announced that it has signed a definitive agreement to sell its Air and Gas Handling business to KPS Capital Partners, LP (“KPS”) for enterprise value of $1.80 billion, including $1.66 billion in cash consideration and $0.14 billion in assumed liabilities and minority interest, subject to customary closing adjustments.  The Air & Gas Handling business had approximately $90 million of segment operating profit and $200 million of adjusted EBITDA in the twelve months ended March 29, 2019. “This completes the strategic shift of our portfolio to diversify end-market exposure, reduce cyclicality, and increase profitability,” said Matt Trerotola, President and Chief Executive Officer of Colfax.

  • Colfax (CFX) Poised to Gain From Buyouts, Suffers From Debts
    Zackslast month

    Colfax (CFX) Poised to Gain From Buyouts, Suffers From Debts

    Colfax's (CFX) acquisition of DJO Global marks its entry into the orthopedic solutions industry. High debts and forex woes remain concerning.

  • GuruFocus.comlast month

    Moerus Capital Management LLC Buys Spectrum Brands Holdings Inc, Sells Colfax Corp, Brookfield ...

    Investment company Moerus Capital Management LLC buys Spectrum Brands Holdings Inc, sells Colfax Corp, Brookfield Asset Management Inc during the 3-months ended 2019Q1, according to the most recent filings ...

  • Thomson Reuters StreetEventslast month

    Edited Transcript of CFX earnings conference call or presentation 8-May-19 12:00pm GMT

    Q1 2019 Colfax Corp Earnings Call

  • Associated Presslast month

    Teva and Apple fall while Newmont Goldcorp and NextEra rise

    Stocks that moved substantially or traded heavily on Monday: Teva Pharmaceuticals Ltd., down $2.13 to $12.23 The company allegedly conspired with other generic drugmakers to inflate and manipulate prices, ...

  • TheStreet.comlast month

    Colfax Reportedly Nearing Deal to Sell Air and Gas Handling Division for $1.8B

    is reportedly nearing a deal to sell its air and gas handling division to private-equity firm KPS Capital Partners for more than $1.8 billion. Representatives for Colfax and KPS didn't respond to a request from Reuters for comment. Colfax, based in Annapolis Junction, Maryland, makes valves and welding equipment.

  • Reuterslast month

    Colfax nears deal to sell air and gas unit to KPS -sources

    Welding and valves manufacturer Colfax Corp is nearing a deal to sell its air and gas handling division to private equity firm KPS Capital Partners for more than $1.8 billion, people familiar with the matter said on Sunday. The sale would help Colfax pay down debt following its $3.15 billion acquisition in February of medical devices maker DJO Global Inc from buyout firm Blackstone Group LP. A deal could be announced as soon as this week, the sources said, cautioning it was still possible that negotiations end without a deal.

  • Colfax (CFX) Q1 Earnings Top Estimates, Gain From Buyouts
    Zackslast month

    Colfax (CFX) Q1 Earnings Top Estimates, Gain From Buyouts

    Colfax's (CFX) first-quarter 2019 results benefit from gains from acquired assets, especially DJO Global as well as improvement in existing businesses and margins.

  • Colfax Corp (CFX) Q1 2019 Earnings Call Transcript
    Motley Foollast month

    Colfax Corp (CFX) Q1 2019 Earnings Call Transcript

    CFX earnings call for the period ending March 29, 2019.

  • Are Investors Undervaluing Colfax Corporation (NYSE:CFX) By 37%?
    Simply Wall St.last month

    Are Investors Undervaluing Colfax Corporation (NYSE:CFX) By 37%?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! How far off is Colfax Corporation (NYSE:CFX) from its intrinsic value? Using the most recent financia...

  • Associated Presslast month

    Colfax: 1Q Earnings Snapshot

    The Annapolis Junction, Maryland-based company said it had a loss of 39 cents per share. Earnings, adjusted for one-time gains and costs, came to 53 cents per share. The results topped Wall Street expectations. ...