colfax corp (CFX:New York)
colfax corp (CFX) Snapshot
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Open
$48.11
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Previous Close
$48.29
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Day High
$49.03
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Day Low
$48.10
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52 Week High
05/17/13 - $49.03
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52 Week Low
07/12/12 - $24.43
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Market Cap
5.0B
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Average Volume 10 Days
1.8M
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EPS TTM
$0.92
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Shares Outstanding
101.6M
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EX-Date
--
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P/E TM
53.5x
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Dividend
--
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Dividend Yield
--
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Related News
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No Related Businessweek News Foundcolfax corp (CFX) Details
Colfax Corporation, a diversified industrial manufacturing and engineering company, provides gas- and fluid-handling and fabrication technology products and services to commercial and governmental customers worldwide. The company operates two segments, Gas and Fluid Handling and Fabrication Technology. The Gas and Fluid Handling segment supplies a range of products, including pumps, fluid-handling systems and controls, specialty valves, heavy-duty centrifugal and axial fans, rotary heat exchangers and gas compressors, which serves customers in the power generation, oil, gas and petrochemical, mining, marine, defense, and general industrial and other end markets. It also provides repair and retrofit services for products manufactured by other valve suppliers. In addition, this segment provides lubrication system equipment and services, including LubriMist oil mist generators, Mistlock bearing lubrication cartridges, and ThermoJet oil purifiers, as well as high velocity oil flushing, leakage oil reclamation, and condition monitoring services to customers in petroleum, petrochemical, natural gas, and power generation end markets. It markets its products primarily under the Howden, Colfax Fluid Handling, Allweiler, Imo, and Total Lubrication Management brands. The Fabrication Technology segment formulates, develops, manufactures and supplies consumable products and equipment primarily under the ESAB brand for use in the cutting and joining of steels, aluminum, and other metals and metal alloys. Its ESAB range of welding consumables includes electrodes, cored and solid wires, and fluxes. The company markets its products through direct sales and third-party distribution channels. Colfax Corporation was founded in 1860 and is headquartered in Fulton, Maryland.
colfax corp (CFX) Top Compensated Officers
colfax corp (CFX) Key Developments
Colfax Corporation (NYSE:CFX) has filed a follow-on equity offering of 10 million shares. Colfax expects to use the proceeds from the sale of the common stock for general corporate purposes, which may include acquisitions, repayment of debt, additions to working capital and capital expenditures.
Colfax Corporation reported unaudited consolidated earnings results for the first quarter ended March 29, 2013. For the period, the company’s net sales were $947,143,000 against $886,366,000 a year ago. Operating income was $72,327,000 against loss of $24,131,000 a year ago. Income before income taxes was $49,038,000 against loss of $43,113,000 a year ago. Net income was $32,275,000 against loss of $100,461,000 a year ago. Net income attributable to Colfax Corporation was $27,635,000 against loss of $105,598,000 a year ago. Net income available to Colfax Corporation common shareholders was $22,553,000 or $0.21 basic and diluted per share against loss of $109,332,000 or $1.33 basic and diluted per share a year ago. Adjusted operating income was $78,247,000 against $63,355,000 a year ago. Adjusted net income was $33,555,000 against $25,480,000 a year ago. Adjusted net income available to Colfax Corporation common shareholders was $28,473,000 or $0.26 per share against $21,746,000 or $0.23 per share a year ago. The company affirms the guidance range of $207 million to $230 million of adjusted net income before preferred stock dividends for 2013, this will increase adjusted EPS range by $0.17 to $0.20 for full year 2013.
Colfax Corporation announced that they will report Q1, 2013 results at 6:00 AM, Eastern Daylight on Apr 25, 2013
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| CFX:US | $49.00 USD | +0.71 | |
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| TEV/Sales | -- | Not Meaningful |
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To contact COLFAX CORP, please visit www.colfaxcorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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