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
Columbus McKinnon NASDAQ: CMCO reported what management described as a “defining year” in fiscal 2026, highlighted by the completion of its Kito Crosby acquisition and the divestiture of its legacy U.S. power chain hoist and chain operations.
Columbus McKinnon (CMCO) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.6 per share a year ago.
SMP, USNZY and CMCO made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 14th, 2026.
Columbus McKinnon Corporation (CMCO) Presents at JPMorgan Industrials Conference 2026 Transcript
In the fourth quarter, the Heartland Small Cap Value Strategy gained 2.98%, compared with the 3.26% return for the Russell 2000® Value Index. During the quarter, stock selection was positive despite slightly underperforming the Index. Biotech companies in the benchmark soared in October and November, which is a good example of the speculation which persists.
Columbus McKinnon (CMCO) made a bold, high-leverage acquisition of Kito Crosby, transforming its scale but straining its balance sheet and raising execution risk. CMCO delivered a strong fiscal Q3 with 10% revenue growth and 8% organic growth, outperforming peers amid a short-cycle industrial recovery. Roughly two-thirds of CMCO's end-markets are looking stronger for 2026.
Columbus McKinnon Corporation (CMCO) Q3 2026 Earnings Call Transcript
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Columbus McKinnon (CMCO) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
The average of price targets set by Wall Street analysts indicates a potential upside of 104.1% in Columbus McKinnon (CMCO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.