CFX - Colfax Corporation

NYSE - NYSE Delayed Price. Currency in USD
27.52
+0.42 (+1.55%)
At close: 4:02PM EDT
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Previous Close27.10
Open27.00
Bid27.61 x 800
Ask32.00 x 800
Day's Range26.72 - 27.74
52 Week Range18.95 - 37.05
Volume1,206,213
Avg. Volume1,623,675
Market Cap3.235B
Beta (3Y Monthly)2.01
PE Ratio (TTM)53.13
EPS (TTM)0.52
Earnings DateAug 5, 2019 - Aug 9, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est32.36
Trade prices are not sourced from all markets
  • Here's Why You Should Avoid Betting on Colfax (CFX) Stock Now
    Zacks6 days ago

    Here's Why You Should Avoid Betting on Colfax (CFX) Stock Now

    Colfax (CFX) might suffer from high costs and operating expenses, huge debt levels, and unfavorable movements in foreign currencies.

  • Markit8 days ago

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

    Colfax Corp NYSE:CFXView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is high Bearish sentimentShort interest | NegativeShort interest is extremely high for CFX with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting CFX. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CFX totaled $65.63 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, 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.

  • Greater Baltimore's public companies outpace the Dow so far in 2019
    American City Business Journalslast month

    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.

  • Here’s What Hedge Funds Think About Colfax Corporation (CFX)
    Insider Monkeylast month

    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?
    Zackslast month

    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.last month

    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
    Kiplinger2 months ago

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

    The best stocks aren't always going to be the most familiar. But sometimes, investors confuse the two. Recognizability is a powerful thing - so much so that investors occasionally make the mistake of trusting that familiarity more than a company's underlying fundamentals. The sheer amount of attention an organization can garner really can dictate perceptions of how investment-worthy its stock is.This approach won't always be met with disaster. Corporations that attract the attention of the media and stock pickers tend to do so for good reason. But if you make stock picks like that, you may inherently overlook some opportunities that simply haven't turned enough heads - yet.People often associate obscure plays with small-cap stocks - smaller companies with market values of roughly between $300 million and $3 billion. But sometimes, even larger stocks aren't very visible because their businesses don't make for riveting, splashy headlines.Last year, we introduced you to 20 unfamiliar companies. Today, let's meet 20 more of the best stocks to buy that are anything but household names. Some are merely small, while others operate in obscure markets. However, all of them are worth a closer look from investors aiming to back off from mainstream stocks that have gotten a bit overextended. SEE ALSO: 20 of Wall Street's Newest Dividend Stocks

  • Colfax (CFX) to Divest Air and Gas Handling Business to KPS
    Zacks2 months ago

    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 Newswire2 months ago

    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.

  • Reuters2 months ago

    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.

  • MarketWatch2 months ago

    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%.

  • GlobeNewswire2 months ago

    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
    Zacks2 months ago

    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.com2 months ago

    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 StreetEvents2 months ago

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

    Q1 2019 Colfax Corp Earnings Call

  • Associated Press2 months ago

    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.com2 months ago

    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.

  • Reuters2 months ago

    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
    Zacks2 months ago

    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 Fool2 months ago

    Colfax Corp (CFX) Q1 2019 Earnings Call Transcript

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