Columbus Mckinnon Corp. (CMCO)
NASDAQ:CMCO
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Columbus Mckinnon
(NASDAQ:CMCO)
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Rating:52Neutral
Price Target:
$15.00
▼(-4.52% Downside)
Action:Reiterated
Date:06/16/26
The score is held back primarily by weakened financial quality (large losses, cash burn, and a more leveraged balance sheet). Offsetting this, FY27 guidance and integration/synergy execution plans from the earnings call are constructive, while technicals are mixed and valuation signals are limited by negative earnings (with only modest support from the dividend yield).
Positive Factors
Scale & TAM
Columbus McKinnon positions itself as a scaled leader across hoists, cranes, conveyance, automation and consumables in a ~$35B TAM. That diversified product footprint and brand/channel reach support durable cross-selling, geographic expansion and resilience to single-market cycles.
Negative Factors
Elevated Leverage
Leverage rose materially after the acquisition, producing a stretched balance sheet and a reported 5.1x net leverage. High leverage increases refinancing and covenant risk, magnifies cyclical earnings swings, and constrains capital allocation until sustained cash generation reduces debt levels.
Read all positive and negative factors
Positive Factors
Negative Factors
Scale & TAM
Columbus McKinnon positions itself as a scaled leader across hoists, cranes, conveyance, automation and consumables in a ~$35B TAM. That diversified product footprint and brand/channel reach support durable cross-selling, geographic expansion and resilience to single-market cycles.
Read all positive factors
Columbus Mckinnon (CMCO) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$423.48M
Dividend Yield1.59%
Average Volume (3M)234.23K
Price to Earnings (P/E)―
Beta (1Y)1.45
Revenue Growth23.93%
EPS Growth-4069.66%
CountryUS
Employees3,515
SectorIndustrials
Sector Strength72
IndustryAgricultural - Machinery
Share Statistics
EPS (TTM)-7.99
Shares Outstanding28,827,913
10 Day Avg. Volume229,029
30 Day Avg. Volume234,231
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.29
Price to Sales (P/S)0.35
P/FCF Ratio-2.54
Enterprise Value/Market Cap6.37
Enterprise Value/Revenue2.26
Enterprise Value/Gross Profit8.69
Enterprise Value/Ebitda42.93
Forecast
1Y Price Target
$23.00Price Target Upside46.40% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)1.81
Revenue Forecast (FY)$2.09B
Columbus Mckinnon Business Overview & Revenue Model
Company Description
Columbus McKinnon Corporation (CMCO) is a global leader in designing, manufacturing, and distributing sophisticated motion solutions. These innovative systems are engineered to facilitate the ergonomic and secure movement, lifting, positioning, an...
How the Company Makes Money
CMCO primarily makes money by selling material-handling products and solutions and supporting them over their lifecycle. Key revenue streams include: (1) Product sales: revenue from manufactured motion-control and material-handling equipment such ...
Columbus Mckinnon Earnings Call Summary
Earnings Call Date:Jun 04, 2026
(Q4-2026)
| % Change Since: |
Next Earnings Date:Aug 05, 2026
Earnings Call Sentiment Positive
The call conveyed a constructive operational story — record revenue growth, strong adjusted EBITDA improvement, a healthy backlog and clear integration/synergy plans — while acknowledging sizable one-time GAAP charges, transaction costs, tariff and inflationary pressures, EMEA/geopolitical softness and elevated leverage. Management provided upbeat FY27 guidance, prioritized deleveraging and highlighted early synergy wins. Given the predominantly positive operational and forward-looking indicators (growth, margin expansion targets, cash generation and specific synergy targets) alongside largely one-time or transitional negatives, the tone is cautiously optimistic.Positive Updates
Record Net Sales and Strong Top-Line Growth
Fiscal 2026 record net sales of $1.2 billion, up 24% year-over-year; fourth quarter net sales $438 million, up 77% YoY. Kito Crosby acquisition contributed approximately $188 million of revenue to the year.
Negative Updates
Large GAAP Charges and Reported Net Loss
Fourth quarter GAAP net loss attributable to the company of $238 million driven largely by a $200 million noncash goodwill impairment. GAAP loss per share was $5.78 in Q4 and $7.40 for the full year.
Read all updates
Q4-2026 Updates
Positive
Negative
Record Net Sales and Strong Top-Line Growth
Fiscal 2026 record net sales of $1.2 billion, up 24% year-over-year; fourth quarter net sales $438 million, up 77% YoY. Kito Crosby acquisition contributed approximately $188 million of revenue to the year.
Read all positive updates
Company Guidance
For fiscal 2027 the company guided net sales of $2.05–2.12 billion, adjusted EBITDA of $390–410 million (including $14 million of in‑year cost synergies) and adjusted EPS of $1.70–1.90; the outlook assumes $185–190 million of interest expense, $135–140 million of amortization, $75–80 million of depreciation, a 25% effective tax rate and ~52 million adjusted diluted shares (reflecting PIK treatment of preferred dividends), and is expected to be back‑half weighted as integration progresses toward a $70 million annualized synergy target in year three. Management also reiterated plans to generate substantial free cash flow to pay down debt, cited current net leverage of 5.1x and liquidity of $561 million, and said it aims to get to roughly 4x net leverage within two years, with pro‑forma organic growth of about 1–4% baked into the plan.Columbus Mckinnon Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
18
Very Negative
Cash Flow
22
Negative
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.19B | 963.03M | 1.01B | 936.24M | 906.55M |
| Gross Profit | 310.67M | 325.68M | 374.84M | 342.10M | 315.73M |
| EBITDA | 59.37M | 75.11M | 145.43M | 146.72M | 105.57M |
| Net Income | -229.53M | -5.14M | 46.63M | 48.43M | 29.66M |
Balance Sheet | |||||
| Total Assets | 4.78B | 1.74B | 1.83B | 1.70B | 1.69B |
| Cash, Cash Equivalents and Short-Term Investments | 96.56M | 53.68M | 114.13M | 133.18M | 115.39M |
| Total Debt | 2.39B | 540.67M | 599.63M | 526.08M | 542.90M |
| Total Liabilities | 3.34B | 856.69M | 943.88M | 864.66M | 912.90M |
| Stockholders Equity | 1.45B | 882.10M | 882.06M | 833.80M | 772.80M |
Cash Flow | |||||
| Free Cash Flow | -164.07M | 24.20M | 42.38M | 71.00M | 35.78M |
| Operating Cash Flow | -146.21M | 45.61M | 67.20M | 83.64M | 48.88M |
| Investing Cash Flow | -2.46B | -19.89M | -133.36M | -13.93M | -554.31M |
| Financing Cash Flow | 2.65B | -86.75M | 48.20M | -49.99M | 420.70M |
Columbus Mckinnon Technical Analysis
Neutral
15.71
Price Trends
14.99
Negative
16.35
Negative
16.29
Negative
Market Momentum
-0.31
Negative
51.69
Neutral
59.48
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CMCO, the sentiment is Neutral. The current price of 15.71 is above the 20-day moving average (MA) of 14.49, above the 50-day MA of 14.99, and below the 200-day MA of 16.29, indicating a neutral trend. The MACD of -0.31 indicates Negative momentum. The RSI at 51.69 is Neutral, neither overbought nor oversold. The STOCH value of 59.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CMCO.
Columbus Mckinnon Risk Analysis
Columbus Mckinnon disclosed 31 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
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $7.63B | 40.97 | 3.93% | 1.24% | 17.03% | -43.69% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
53 Neutral | $1.29B | 49.90 | 3.82% | 1.14% | 11.47% | 69.53% | |
52 Neutral | $423.48M | -1.84 | 0.66% | 1.59% | 23.93% | -4069.66% | |
50 Neutral | $472.93M | 62.63 | 1.09% | ― | 5.14% | -83.42% | |
49 Neutral | $704.13M | -7.06 | -20.01% | 4.61% | -12.21% | -198.36% | |
48 Neutral | $487.30M | -5.57 | -16.21% | ― | -0.63% | -537.47% |
* Industrials Sector Average
CMCO
Columbus Mckinnon
14.69
0.53
3.72%
ASTE
Astec
56.12
17.65
45.87%
MTW
Manitowoc Company
13.17
1.85
16.34%
TEX
Terex
66.82
21.88
48.69%
TWI
Titan International
7.57
-1.64
-17.81%
HY
Hyster-Yale Materials Handling
39.30
2.38
6.46%
Columbus Mckinnon Corporate Events
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Columbus McKinnon Highlights Strategy at Wells Fargo Conference
Positive
Jun 10, 2026
On June 10, 2026, Columbus McKinnon presented at the Wells Fargo Industrials and Materials Conference, outlining its strategic positioning and financial profile following recent portfolio changes. The company highlighted FY26 pro forma net sales o...
Financial DisclosuresM&A TransactionsRegulatory Filings and Compliance
Columbus McKinnon Files Kito Crosby Audited Financials
Neutral
Jun 8, 2026
Columbus McKinnon completed its all-cash acquisition of Kito Crosby Limited on February 3, 2026, following a February 10, 2025 stock purchase agreement, and has now filed Kito Crosby’s audited consolidated financial statements for the years ...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Columbus McKinnon Reports Fiscal 2026 Results After Acquisition
Negative
Jun 4, 2026
Columbus McKinnon reported its fourth-quarter and full-year fiscal 2026 results on June 4, 2026, highlighting the completion of the transformational Kito Crosby acquisition and a related divestiture that significantly reshaped its portfolio. For t...
Dividends
Columbus McKinnon Declares Regular Quarterly Cash Dividend
Positive
Mar 23, 2026
On March 23, 2026, Columbus McKinnon Corporation announced that its Board of Directors declared a regular quarterly dividend of $0.07 per common share, continuing its practice of returning capital to shareholders. The dividend is scheduled to be p...
Business Operations and Strategy
Columbus McKinnon Highlights Growth Strategy at Industrials Conference
Positive
Mar 17, 2026
On March 17, 2026, Columbus McKinnon presented at the J.P. Morgan Industrials Conference, outlining its investment thesis and positioning as a “new” CMCO focused on intelligent motion solutions for material handling. Management highlig...
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.