The consensus price target hints at a 27% upside potential for Columbus McKinnon (CMCO). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
EDRY, CMCO and OPBK made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 7th, 2026.
Columbus McKinnon (CMCO) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Columbus McKinnon Corporation (CMCO) Q1 2027 Earnings Call Transcript
Columbus McKinnon NASDAQ: CMCO reported a first-quarter fiscal 2027 performance that management said exceeded expectations, aided by its first full quarter operating after the acquisition of Kito Crosby and the divestiture of its legacy U.S. Power Chain hoist and chain operations.
Columbus McKinnon (CMCO) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.5 per share a year ago.
Columbus McKinnon remains a "Buy" despite a 65% share price decline and mixed profitability, as the market undervalues its transformation. CMCO's $2.81 billion Kito Crosby acquisition, funded by debt and preferred stock, drives significant revenue growth and expands the addressable market to $35 billion. Backlog surged to $519.6 million, with management guiding FY27 revenue of $2.05–$2.12 billion and EBITDA of $390–$400 million, reflecting acquisition synergies.
Investors need to pay close attention to CMCO stock based on the movements in the options market lately.
The heavy selling pressure might have exhausted for Columbus McKinnon (CMCO) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Columbus McKinnon shares neared 20-year lows after weak earnings, as it tried to integrate its Kito Crosby acquisition. CMCO's balance sheet is stressed: Net leverage stands at 5.1x, with annual interest expense near half of projected 2027 adjusted EBITDA. Recent results include a $200M goodwill impairment and sharply lower margins, leading to concerns about the Kito deal's value and integration.
Columbus McKinnon reported sluggish underlying volume growth in its fiscal fourth quarter, and guidance suggests modest core '27 growth despite improving short-cycle trends. Automation demand trends appear to be healthy, but weaker overall manufacturing and warehouse construction spending, as well as cautious industrial capex, are risks that need to be monitored. Deleveraging will dominate capital allocation for years; current valuation implies meaningful skepticism about achieving margin and growth targets.
Columbus McKinnon Corporation (CMCO) Q4 2026 Earnings Call Transcript