Last $53.77 USD
Change Today +1.21 / 2.30%
Volume 1.2M
CFX On Other Exchanges
Symbol
Exchange
New York
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As of 8:04 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

colfax corp (CFX) Snapshot

Open
$53.01
Previous Close
$52.56
Day High
$54.24
Day Low
$53.01
52 Week High
06/9/14 - $75.37
52 Week Low
10/24/14 - $49.29
Market Cap
6.7B
Average Volume 10 Days
687.9K
EPS TTM
$2.95
Shares Outstanding
123.7M
EX-Date
--
P/E TM
18.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for COLFAX CORP (CFX)

colfax corp (CFX) Related Businessweek News

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colfax 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 in two segments, Gas and Fluid Handling, and Fabrication Technology. The Gas and Fluid Handling segment designs, manufactures, installs, and maintains gas- and fluid-handling products for various markets, including power generation, oil, gas and petrochemical, mining, marine, defense, and general industrial and other markets. This segment supplies a range of products comprising pumps, fluid-handling systems and controls, specialty valves, heavy-duty centrifugal and axial fans, rotary heat exchangers, and gas compressors. 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 various services, such as high velocity oil flushing, leakage oil reclamation, and condition monitoring services. It markets its products primarily under the Howden and Colfax Fluid Handling brand names, as well as Allweiler, Imo, and Total Lubrication Management brand names. 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.

17,759 Employees
Last Reported Date: 02/12/14
Founded in 1860

colfax corp (CFX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $979.2K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $388.8K
Executive Vice President, Acting Chief Execut...
Total Annual Compensation: $652.5K
Chief Executive Officer of Howden
Total Annual Compensation: $435.7K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $330.8K
Compensation as of Fiscal Year 2013.

colfax corp (CFX) Key Developments

Colfax Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 26, 2014; Provides Tax Rate Guidance for the Fourth Quarter and Earnings Guidance for the Full Year 2014

Colfax Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 26, 2014. For the quarter, the company reported net income attributable to the company of $73,389,000 compared to $55,475,000 a year ago. Net income available to the company's common shareholders was $73,389,000 compared to $50,389,000 a year ago. Diluted net income per share was $0.59 compared to $0.48 a year ago. Net sales were $1,164,453,000 compared to $1,014,570,000 a year ago. Operating income was $118,806,000 compared to $102,798,000 a year ago. Income before income taxes was $103,871,000 compared to $85,262,000 a year ago. Net income was $81,303,000 compared to $65,475,000 a year ago. Adjusted operating income was $127,754,000 compared to $112,162,000 a year ago. Adjusted net income was $71,305,000 compared to $64,125,000 a year ago. Adjusted net income available to the company's common shareholders was $73,389,000 compared to $59,039,000 a year ago. Adjusted net income per share was $0.57 compared to $0.56 a year ago. Net income includes a non-cash 4 cents per share gain related to a discrete deferred tax benefit. Operating cash flow was $162 million. For the nine months period, the company reported net income attributable to the company of $311,964,000 compared to $141,502,000 a year ago. Net income available to the company's common shareholders was $290,051,000 compared to loss of $126,248,000 a year ago. Diluted net income per share was $2.38 compared to loss of $1.23 a year ago. Net sales were $3,418,120,000 compared to $3,035,831,000 a year ago. Operating income was $302,212,000 compared to $286,777,000 a year ago. Income before income taxes was $261,331,000 compared to $227,898,000 a year ago. Net income was $334,484,000 compared to $164,950,000 a year ago. Adjusted operating income was $330,946,000 compared to $307,006,000 a year ago. Adjusted net income was $182,544,000 compared to $159,663,000 a year ago. Adjusted net income available to the company's common shareholders was $180,196,000 compared to $144,409,000 a year ago. Adjusted net income per share was $1.48 compared to $1.41 a year ago. For the fourth quarter, the company expects an effective rate between 29% and 30% for adjusted earnings. For the year 2014, the company now expects revenue to be between $4.675 billion and $4.725 billion and adjusted EPS to fall in the range from $2.11 to $2.18.

Colfax Seeks Acquisitions

Colfax Corporation (NYSE:CFX) is seeking acquisitions. Steve Simms President and Chief Executive Officer of Colfax, said, “We continue to aggressively pursue strategic acquisitions.”

Colfax Corporation to Report Q3, 2014 Results on Oct 23, 2014

Colfax Corporation announced that they will report Q3, 2014 results at 6:00 AM, Eastern Daylight on Oct 23, 2014

 

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