Will Bears Get Slaughtered? OneMain Holdings, Inc. (OMF), Columbus McKinnon Corporation (CMCO)

13 analysts out of 17 Wall Street brokerage firms rate OneMain Holdings, Inc. (NYSE:OMF) as a Buy, while 0 see it as a Sell. The rest 4 describe it as a Hold. OMF stock traded higher to an intra-day high of $33.31. At one point in session, its potential discontinued and the price was down to lows at $32.5. Analysts have set OMF’s consensus price at $41, effectively giving it a 25.81% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $48 (up 47.28% from current price levels). OMF has a 12.8% ROE, higher than the 10.53% average for the industry. The average ROE for the sector is 15.44%.

It is expected that in Jun 2019 quarter OMF will have an EPS of $1.34, suggesting a 13.56% growth. For Sep 2019 is projected at $1.47. It means that there could be a 12.21% growth in the quarter. Yearly earnings are expected to rise by 12.25% to about $5.68. As for the coming year, growth will be about 7.57%, lifting earnings to $6.11. RSI after the last trading period was 40.29. OMF recorded a change of -5.89% over the past week and returned 8.89% over the last three months while the OMF stock’s monthly performance revealed a shift in price of -1.06%. The year to date (YTD) performance stands at 34.17%, and the bi-yearly performance specified an activity trend of 6.26% while the shares have moved -3.12% for the past 12 months.

OneMain Holdings, Inc. (OMF) currently trades at $32.59, which is lower by -3.95% its previous price. It has a total of 135.01 million outstanding shares, with an ATR of around 0.83. The company’s stock volume dropped to 0.3 million, worse than 633.5 thousands that represents its 50-day average. A 5-day decrease of about -5.89% in its price means OMF is now 34.17% higher on year-to-date. The shares have surrendered $43427.41 since its $37.29 52-week high price recorded on 9th of August 2018. Overall, it has seen a growth rate of -3.12 over the last 12 months. The current price per share is $10.12 above the 52 week low of $22.47 set on 26th of December 2018.

OneMain Holdings, Inc. (NYSE:OMF)’s EPS was $1.37 as reported for the March quarter. In comparison, the same quarter a year ago had an EPS of $1.18. That means that its growth in general now stands at 16%. Therefore, a prediction of $1.33 given by the analysts brought a positive surprise of 3%. OMF March quarter revenue was $956 million, compared to $662 million recorded in same quarter last year, giving it a 44% growth rate. The company’s $294 million revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Columbus McKinnon Corporation (NASDAQ:CMCO) shares depreciated -5.3% over the last trading period, taking overall 5-day performance up to -9.49%. CMCO’s price now at $35.21 is weaker than the 50-day average of $37.03. Getting the trading period increased to 200 days, the stock price was seen at $36.61 on average. The general public currently hold control of a total of 22.21 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 23.54 million. The company’s management holds a total of 2%, while institutional investors hold about 99.6% of the remaining shares. CMCO share price finished last trade -9.84% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -3.92%, while closing the session with -5.02% distance from 50 day simple moving average.

Columbus McKinnon Corporation (CMCO) shares were last observed trading -23.21% down since July 09, 2018 when the peak of $45.85 was hit. Last month’s price growth of -10.43% puts CMCO performance for the year now at 16.82%. Consequently, the shares price is trending higher by 27.3%, a 52-week worst price since Dec. 26, 2018. However, it is losing value with -9.07% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $33.94 and $34.58. The immediate resistance area is now $36.34 Williams’s %R (14) for CMCO moved to 97.44 while the stochastic %K points at 19.35.

CMCO’s beta is 1.79; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $1.28 per share from its yearly profit to its outstanding shares. Its last reported revenue is $217.41 million, which was 4% versus $208.73 million in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $0.61 compared to $0.44 in the year-ago quarter and had represented 39% year-over-year earnings per share growth. CMCO’s ROA is 2.8%, lower than the 4.3% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 5.08%.

Estimated quarterly earnings for Columbus McKinnon Corporation (NASDAQ:CMCO) are around $0.58 per share in three months through March with $0.8 also the estimate for June quarter of the fiscal year. It means the growth is estimated at 13.73% and 8.11%, respectively. Analysts estimate full-year growth to be 30.85%, the target being $2.63 a share. The upcoming year will see an increase in growth by percentage to 15.97%, more likely to see it hit the $3.05 per share. The firm’s current profit margin over the past 12 months is 3.6%. CMCO ranks lower in comparison to an average of 6.12% for industry peers; while the average for the sector is 8.97%.