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Columbus Mckinnon (CMCO)
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Columbus Mckinnon (CMCO) AI Stock Analysis

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CMCO

Columbus Mckinnon

(NASDAQ:CMCO)

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Neutral 70 (OpenAI - 4o)
Rating:70Neutral
Price Target:
$19.00
▲(18.68% Upside)
Columbus McKinnon demonstrates a stable financial position with positive momentum in technical indicators. The earnings call provided a positive outlook despite some challenges. However, valuation concerns due to a negative P/E ratio weigh on the overall score.

Columbus Mckinnon (CMCO) vs. SPDR S&P 500 ETF (SPY)

Columbus Mckinnon Business Overview & Revenue Model

Company DescriptionColumbus McKinnon Corporation (CMCO) is a global leader in the design, manufacture, and distribution of material handling products, systems, and services. The company operates primarily in the industrial and construction sectors, offering a diverse range of products including hoists, cranes, rigging tools, and conveyor systems. CMCO is known for its innovative solutions that enhance safety and productivity in various applications, serving customers in industries such as manufacturing, construction, entertainment, and energy.
How the Company Makes MoneyColumbus McKinnon generates revenue through several key streams, primarily from the sale of its material handling equipment and solutions. This includes direct sales of hoists, cranes, and rigging products, as well as providing aftermarket services and parts for maintenance and support. Additionally, the company engages in customized solutions and systems integration, which often involve engineering services and consulting. Significant partnerships with distributors and manufacturers enhance CMCO's market reach and contribute to its earnings. The company also benefits from recurring revenue through service contracts and maintenance agreements, which provide ongoing support to customers and stabilize cash flow.

Columbus Mckinnon Earnings Call Summary

Earnings Call Date:Oct 30, 2025
(Q2-2026)
|
% Change Since: |
Next Earnings Date:Jan 22, 2026
Earnings Call Sentiment Positive
The earnings call highlighted strong sales growth, a record backlog, and progress on the pending Kito Crosby acquisition. However, the ongoing impact of tariffs and slower order conversions in certain regions present challenges. Despite these issues, the company's strategic initiatives and operational improvements bolster a positive outlook.
Q2-2026 Updates
Positive Updates
Record Backlog and Sales Growth
Net sales increased 8% year-over-year to $261 million, driven by growth across all product platforms and accelerated deliveries. The backlog is a healthy $352 million, up $34 million or 11% from the prior year.
Improved Adjusted EPS
Adjusted EPS improved $0.12 sequentially to $0.62 in the second quarter due to higher sales, margin expansion, and effective cost management.
Operational Improvement and Tariff Mitigation
Meaningful progress on operational improvement, tariff mitigation, and integration preparedness initiatives, with some tariff impacts beginning to moderate.
Strong U.S. Order Growth
Order growth in the U.S. was 11%, with strong performance in both project-related and short-cycle categories.
Pending Kito Crosby Acquisition
Progress made towards integrating Kito Crosby, with the expectation of closing by the end of the fiscal year. This is expected to scale the business and achieve strategic synergy objectives.
Negative Updates
Tariff Impact and Challenges
Tariffs remain a significant challenge, with an estimated $10 million headwind to operating profit expected in the fiscal year. Tariff impact is anticipated to spill over into the next quarter.
Year-over-Year Order Decline
Orders were $254 million, down 3% year-over-year, due to the prior year benefiting from significant project orders.
Slower Conversion in EMEA and APAC
Economic landscape in EMEA and APAC is resulting in slower conversion for project orders and a weaker macroeconomic environment.
Company Guidance
During the Columbus McKinnon Second Quarter Fiscal 2026 earnings call, the company reported an 8% year-over-year increase in net sales, reaching $261 million, driven by growth across all product platforms and regions, particularly in the U.S. and EMEA. Adjusted EPS improved by $0.12 sequentially to $0.62, supported by higher sales, margin expansion, and continued cost management. The company's backlog increased by 11% year-over-year to $352 million, despite a 4% sequential decline due to accelerated conversion of Q3 backlog into Q2 shipments. Tariffs posed a challenge, with an estimated $10 million net headwind expected for the fiscal year. Columbus McKinnon aims to achieve tariff cost neutrality by the end of fiscal 2026 and margin neutrality by fiscal 2027. Orders were $254 million, down 3% year-over-year, impacted by slower project order conversions in EMEA and APAC. However, U.S. orders grew by 11%. The company updated its full-year guidance, expecting low to mid-single-digit sales growth and reaffirmed adjusted EPS guidance of flat to slightly up year-over-year. The pending acquisition of Kito Crosby is anticipated to close by the fiscal year's end, with integration plans in place to achieve synergy objectives.

Columbus Mckinnon Financial Statement Overview

Summary
Columbus McKinnon shows stable financial health with improvements in leverage and cash flow generation. Revenue growth is modest, and profitability remains a challenge with low margins. The balance sheet is strengthened by reduced debt levels and a solid equity base.
Income Statement
65
Positive
Columbus Mckinnon shows a modest revenue growth of 1.96% in the TTM, recovering from a decline in the previous annual period. However, profitability metrics such as the net profit margin (0.41%) and EBIT margin (2.59%) are relatively low, indicating challenges in maintaining operational efficiency. The gross profit margin remains stable at 33.67%, suggesting consistent cost management.
Balance Sheet
70
Positive
The company's debt-to-equity ratio has improved to 0.50 in the TTM, indicating a reduction in leverage compared to previous periods. Return on equity is low at 0.44%, reflecting limited profitability. The equity ratio stands at 51.66%, showing a solid equity base relative to total assets, which enhances financial stability.
Cash Flow
75
Positive
Free cash flow growth is strong at 61.05% in the TTM, indicating improved cash generation capabilities. The operating cash flow to net income ratio is 10.84%, suggesting that cash flows are not fully aligned with net income, which could be a concern. However, the free cash flow to net income ratio of 49.55% demonstrates a reasonable conversion of earnings into cash.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue977.99M963.03M1.01B936.24M906.55M649.64M
Gross Profit336.69M325.68M374.84M342.10M315.73M220.22M
EBITDA85.83M75.11M145.43M146.72M105.57M56.29M
Net Income3.97M-5.14M46.63M48.43M29.66M9.11M
Balance Sheet
Total Assets1.77B1.74B1.83B1.70B1.69B1.15B
Cash, Cash Equivalents and Short-Term Investments28.04M53.68M114.13M133.18M115.39M202.13M
Total Debt459.28M540.67M599.63M526.08M511.23M248.95M
Total Liabilities855.26M856.69M943.88M864.66M912.90M620.28M
Stockholders Equity914.59M882.10M882.06M833.80M772.80M530.15M
Cash Flow
Free Cash Flow29.36M24.20M42.38M71.00M35.78M86.59M
Operating Cash Flow47.23M45.61M67.20M83.64M48.88M98.89M
Investing Cash Flow-17.33M-19.89M-133.36M-13.93M-554.31M-5.55M
Financing Cash Flow-57.63M-86.75M48.20M-49.99M420.70M-10.19M

Columbus Mckinnon Technical Analysis

Technical Analysis Sentiment
Positive
Last Price16.01
Price Trends
50DMA
15.03
Positive
100DMA
15.02
Positive
200DMA
16.79
Negative
Market Momentum
MACD
0.22
Positive
RSI
52.00
Neutral
STOCH
18.24
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CMCO, the sentiment is Positive. The current price of 16.01 is above the 20-day moving average (MA) of 15.45, above the 50-day MA of 15.03, and below the 200-day MA of 16.79, indicating a neutral trend. The MACD of 0.22 indicates Positive momentum. The RSI at 52.00 is Neutral, neither overbought nor oversold. The STOCH value of 18.24 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CMCO.

Columbus Mckinnon Risk Analysis

Columbus Mckinnon disclosed 33 risk factors in its most recent earnings report. Columbus Mckinnon reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Columbus Mckinnon Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
72
Outperform
$3.03B19.617.85%1.48%4.60%-65.73%
70
Outperform
$365.58M7.058.82%-0.83%
70
Neutral
$436.38M111.530.44%1.79%-2.36%-73.77%
66
Neutral
$1.04B21.897.37%1.09%6.66%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
60
Neutral
$500.30M-1.05%-2.75%22.20%
48
Neutral
$613.42M234.830.51%4.17%-8.30%-98.18%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CMCO
Columbus Mckinnon
15.65
-20.86
-57.14%
ASTE
Astec
44.99
6.59
17.16%
MTW
Manitowoc Company
10.94
-0.26
-2.32%
TEX
Terex
46.00
-8.95
-16.29%
TWI
Titan International
7.82
0.24
3.17%
HY
Hyster-Yale Materials Handling
34.07
-18.08
-34.67%

Columbus Mckinnon Corporate Events

Columbus McKinnon Sees 8% Sales Growth in Q2 FY26
Oct 31, 2025

Columbus McKinnon Corporation, a leader in intelligent motion solutions for material handling, designs and markets products such as hoists, crane components, and digital power systems, focusing on commercial and industrial applications requiring high safety and quality standards.

Business Operations and StrategyFinancial DisclosuresM&A Transactions
Columbus McKinnon Reports Q2 Sales and EBITDA Growth
Positive
Oct 30, 2025

Columbus McKinnon reported an 8% increase in net sales for the second quarter of fiscal year 2026, ending September 30, 2025, driven by growth in lifting and linear motion platforms. Despite a weaker macroeconomic environment in EMEA, U.S. orders grew by 11%, contributing to a healthy backlog and a 22% sequential increase in adjusted EBITDA. The company is actively working on tariff mitigation and preparing for the acquisition of Kito Crosby, aiming for tariff cost neutrality by the end of the fiscal year.

The most recent analyst rating on (CMCO) stock is a Hold with a $15.50 price target. To see the full list of analyst forecasts on Columbus Mckinnon stock, see the CMCO Stock Forecast page.

Dividends
Columbus McKinnon Declares Quarterly Dividend Announcement
Positive
Oct 20, 2025

On October 20, 2025, Columbus McKinnon’s Board of Directors declared a regular quarterly dividend of $0.07 per common share, payable on or about November 17, 2025, to shareholders of record as of November 7, 2025. This announcement reflects the company’s ongoing commitment to providing shareholder value and its stable financial position, with approximately 28.7 million shares outstanding.

The most recent analyst rating on (CMCO) stock is a Hold with a $16.00 price target. To see the full list of analyst forecasts on Columbus Mckinnon stock, see the CMCO Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Columbus McKinnon Extends Credit Facility Maturity Date
Neutral
Sep 25, 2025

On September 23, 2025, Columbus McKinnon Corporation announced the Fifth Amendment to its Amended and Restated Credit Agreement, which includes extending the maturity date of its revolving credit facility to February 13, 2028. The amendment also revises financial covenants, such as increasing the limit on Approved Restructuring Charges and charges for Material Acquisitions, and changes the conditions for compliance with the leverage ratio financial covenant, potentially impacting the company’s financial flexibility and operational strategies.

The most recent analyst rating on (CMCO) stock is a Hold with a $17.00 price target. To see the full list of analyst forecasts on Columbus Mckinnon stock, see the CMCO Stock Forecast page.

Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Columbus McKinnon Shareholders Approve Key Proposals
Positive
Aug 18, 2025

At the 2025 Annual Meeting of Shareholders held on August 15, Columbus McKinnon Corporation’s shareholders approved all management proposals. These included the election of nine directors, an advisory vote on executive compensation, and the ratification of Ernst & Young LLP as the independent accounting firm. Additionally, shareholders approved proposals to eliminate stock issuance restrictions, increase authorized shares, and permit preemptive rights, which are expected to enhance the company’s operational flexibility and compliance with Nasdaq rules.

The most recent analyst rating on (CMCO) stock is a Hold with a $35.00 price target. To see the full list of analyst forecasts on Columbus Mckinnon stock, see the CMCO Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Columbus McKinnon Amends Securitization Facility with Wells Fargo
Positive
Aug 12, 2025

Columbus McKinnon Corporation, through its subsidiary Columbus McKinnon FinCo, LLC, has amended its accounts receivable securitization facility with Wells Fargo Bank. The amendment, effective August 11, 2025, extends the maturity date to August 11, 2028, increases the maximum revolving loan amount from $55 million to $60 million, and introduces an accordion feature allowing future increases up to $75 million. This strategic financial adjustment is likely to enhance the company’s liquidity and flexibility, potentially strengthening its market position.

The most recent analyst rating on (CMCO) stock is a Hold with a $35.00 price target. To see the full list of analyst forecasts on Columbus Mckinnon stock, see the CMCO Stock Forecast page.

Business Operations and Strategy
Columbus McKinnon Terminates Employee Stock Ownership Plan
Neutral
Aug 4, 2025

On August 4, 2025, Columbus McKinnon Corporation’s Board of Directors decided to terminate its Employee Stock Ownership Plan (ESOP), which held approximately 131,903 shares of the company’s common stock. This decision impacts the company’s executive officers and other participants, as their vested account balances will be distributed or rolled over into other retirement plans by October 2025.

The most recent analyst rating on (CMCO) stock is a Hold with a $35.00 price target. To see the full list of analyst forecasts on Columbus Mckinnon stock, see the CMCO Stock Forecast page.

Columbus McKinnon Reports Q1 FY26 Results and Outlook
Jul 31, 2025

Columbus McKinnon Corporation is a global leader in designing, manufacturing, and marketing intelligent motion solutions for material handling, focusing on enhancing safety and efficiency in commercial and industrial applications.

Columbus McKinnon Earnings Call: Mixed Results Amid Challenges
Jul 31, 2025

Columbus McKinnon’s recent earnings call presented a mixed sentiment, showcasing both significant achievements and notable challenges. The company reported impressive order growth and a substantial increase in backlog, yet faced hurdles such as a decline in sales and the adverse effects of tariffs. Despite these challenges, Columbus McKinnon managed to slightly exceed EPS expectations and identified strong market opportunities, although financial metrics were impacted by external factors like tariffs and macroeconomic conditions.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 31, 2025