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Columbus Mckinnon Corp. (CMCO)
NASDAQ:CMCO
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Columbus Mckinnon (CMCO) AI Stock Analysis

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Columbus Mckinnon

(NASDAQ:CMCO)

Rating:67Neutral
Price Target:
$17.00
▲(10.53%Upside)
Columbus McKinnon scores moderately with strengths in backlog growth and strategic acquisition plans. However, profitability pressures and valuation concerns 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 designs, manufactures, and markets intelligent motion solutions to ergonomically move, lift, position, and secure materials worldwide. The company offers electric, air-powered, lever, and hand hoists; hoist trolleys, explosion-protected and custom engineered hoists, and winches; crane systems, such as crane components and kits, enclosed track rail systems, mobile and jib cranes, and fall protection systems, as well as material handling solutions; rigging equipment comprising below-the-hook lifting devices, shackles, chains and chains accessories, forestry and hand tools, lifting slings, lashing systems, and tie-downs and load binders; rotary unions and swivel joints; and mechanical and electromechanical actuators. It also provides power and motion technology products, including AC motor controls and line regenerative systems, automation and diagnostics, brakes, cable and festoon systems, collision avoidance systems, conductor bar systems, DC motor and magnet control systems, elevator drives, inverter duty motors, mining drives, pendant pushbutton stations, radio controls, and wind inverters; power delivery subsystems; overhead aluminum light rail workstations; and low profile, flexible chain, large scale, sanitary, and vertical elevation conveyor systems, as well as pallet system conveyors and accumulation systems. The company serves market verticals, including general industries, transportation, energy and utilities, process industries, industrial automation, construction and infrastructure, food and beverage, entertainment, life sciences, consumer packaged goods, and e-commerce/supply chain/warehousing. It offers its products to end users directly, as well as through distributors, independent crane builders, material handling specialists and integrators, government agencies, original equipment manufacturers, and engineering procurement and construction firms. The company was founded in 1875 and is headquartered in Buffalo, New York.
How the Company Makes MoneyColumbus McKinnon makes money primarily through the sale of its lifting and motion control products. The company's revenue model is based on manufacturing and distributing high-quality equipment to various industries, including manufacturing, construction, and entertainment. Key revenue streams include the sale of hoists, cranes, actuators, and platform lifts. Additionally, Columbus McKinnon provides aftermarket services and solutions, offering maintenance and support to ensure the optimal performance of its products. The company also benefits from strategic partnerships and a strong distribution network that enhance its market reach and customer base, contributing significantly to its earnings.

Columbus Mckinnon Earnings Call Summary

Earnings Call Date:May 28, 2025
(Q4-2025)
|
% Change Since: -13.50%|
Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment Neutral
The earnings call reflected a mixed sentiment, characterized by strong order growth and a robust backlog positioning the company well for the future. However, sales were down year-over-year, tariffs posed a significant challenge, and gross margins contracted due to unfavorable mix and lower sales volume.
Q4-2025 Updates
Positive Updates
Record Orders in Fiscal Year 2025
Columbus McKinnon achieved record orders, increasing by 4% versus the prior year on a constant currency basis, driven by 8% growth in project-related orders and strength in precision conveyance.
Strong Backlog Growth
The company's backlog increased by 15% to $322.5 million, positioning them well for fiscal 2026.
Improved Safety Metrics
Columbus McKinnon improved its Total Recordable Incident Rate (TRIR) to a top-tier level of 0.54.
Enhanced Customer Experience
The company improved its net promoter score by 10 points in its European, Middle East, and Africa businesses.
Operational Execution and Cost Management
Despite geopolitical and trade policy uncertainty, the company remains focused on operational execution and cost management.
Pending Kito Crosby Acquisition
The acquisition is expected to scale the business, expand customer capabilities, and accelerate the company's intelligent motion strategy.
Negative Updates
Net Sales Decline
Fiscal 2025 net sales were $963 million, down 4% year-over-year on a constant currency basis, primarily due to the timing of backlog and short-cycle order softness.
Impact of Tariffs
Tariffs are expected to be a headwind to margin and adjusted EPS in the first half of fiscal 2026, with efforts to achieve cost neutrality by the second half of the year.
Lower Short-Cycle Sales
Fourth-quarter short-cycle sales decreased by 9% due to a weak order pattern in fiscal Q3.
Gross Margin Contraction
Adjusted gross margin contracted by 140 basis points year-over-year due to lower volume and unfavorable mix.
Increased RSG&A Expenses
RSG&A expenses increased by $6.1 million, including $11 million in deal-related costs from the pending Kito Crosby acquisition.
Company Guidance
During Columbus McKinnon's fiscal 2025 earnings call, the company provided guidance for fiscal 2026, reflecting a challenging macroeconomic environment with continued tariff volatility. The company expects net sales and adjusted EPS to be flat to slightly up year-over-year, with a targeted mitigation of approximately $40 million in tariff impacts by implementing price increases, surcharges, and supply chain adjustments. Despite a strong 15% increase in backlog due to robust project-related orders and strength in precision conveyance, short-cycle orders remain sensitive to policy uncertainty. Operational improvements include achieving a top-tier Total Recordable Incident Rate (TRIR) of 0.54 and a 10-point increase in the net promoter score in the EMEA region. The pending acquisition of Kito Crosby is anticipated to scale the business and create synergies, with expectations to close by the end of the calendar year.

Columbus Mckinnon Financial Statement Overview

Summary
Financial performance shows strength in gross margins and a robust equity base but faces challenges with negative net income and cash generation.
Income Statement
70
Positive
The company has shown resilience in revenue with a slight decline in 2025 compared to 2024 but consistent growth over the years. However, a negative net income in 2025 impacts profitability metrics, resulting in a net profit margin of -0.53%. Gross profit margin remains healthy at 33.81%. The declining EBIT and EBITDA margins over the latest year suggest pressure on operating efficiency.
Balance Sheet
75
Positive
Balance sheet stability is evident with a relatively strong equity base and a manageable debt-to-equity ratio of 0.61. The equity ratio is healthy at 50.72%, indicating a solid financial structure. However, rising total debt levels over recent years could pose future financial risks.
Cash Flow
65
Positive
Operating cash flow remains positive, but a noticeable decline from 2024 to 2025 hints at potential cash generation challenges. Free cash flow declined due to lower operational profitability and increased capital expenditures. The free cash flow to net income ratio is negative due to the net loss, which is a concern for cash flow sustainability.
BreakdownMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue963.03M1.01B936.24M906.55M649.64M
Gross Profit325.68M374.84M342.10M315.73M220.22M
EBITDA75.11M145.43M146.72M105.57M56.29M
Net Income-5.14M46.63M48.43M29.66M9.11M
Balance Sheet
Total Assets1.74B1.83B1.70B1.69B1.15B
Cash, Cash Equivalents and Short-Term Investments53.68M114.13M133.18M115.39M202.13M
Total Debt540.67M599.63M526.08M511.23M248.95M
Total Liabilities856.69M943.88M864.66M912.90M620.28M
Stockholders Equity882.10M882.06M833.80M772.80M530.15M
Cash Flow
Free Cash Flow24.20M42.38M71.00M35.78M86.59M
Operating Cash Flow45.61M67.20M83.64M48.88M98.89M
Investing Cash Flow-19.89M-133.36M-13.93M-554.31M-5.55M
Financing Cash Flow-86.75M48.20M-49.99M420.70M-10.19M

Columbus Mckinnon Technical Analysis

Technical Analysis Sentiment
Negative
Last Price15.38
Price Trends
50DMA
15.89
Negative
100DMA
16.03
Negative
200DMA
25.51
Negative
Market Momentum
MACD
0.06
Positive
RSI
47.10
Neutral
STOCH
19.64
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CMCO, the sentiment is Negative. The current price of 15.38 is below the 20-day moving average (MA) of 15.46, below the 50-day MA of 15.89, and below the 200-day MA of 25.51, indicating a bearish trend. The MACD of 0.06 indicates Positive momentum. The RSI at 47.10 is Neutral, neither overbought nor oversold. The STOCH value of 19.64 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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 (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
HYHY
76
Outperform
$742.91M7.4721.56%3.55%-0.32%-35.10%
MTMTW
72
Outperform
$460.06M10.007.21%-2.75%65.38%
71
Outperform
$909.42M60.472.33%1.33%1.99%-39.02%
68
Neutral
$439.02M972.090.18%1.59%-4.08%
67
Neutral
$452.38M55.98-0.58%1.83%-4.98%-110.92%
TWTWI
66
Neutral
$626.85M-2.65%5.64%-124.05%
65
Neutral
$10.81B15.255.26%1.93%3.11%-26.99%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CMCO
Columbus Mckinnon
15.38
-21.54
-58.34%
ASTE
Astec
38.61
5.03
14.98%
MTW
Manitowoc Company
12.47
0.60
5.05%
SHYF
Shyft Group
12.54
0.51
4.24%
TWI
Titan International
9.42
1.09
13.09%
HY
Hyster-Yale Materials Handling
40.48
-30.89
-43.28%

Columbus Mckinnon Corporate Events

M&A TransactionsBusiness Operations and StrategyRegulatory Filings and Compliance
Columbus McKinnon Announces Acquisition of Kito Crosby
Positive
Jun 17, 2025

On February 10, 2025, Columbus McKinnon Corporation announced its intention to acquire Kito Crosby Limited. This acquisition is significant as it involves the integration of Kito Crosby’s financial statements into Columbus McKinnon’s filings with the SEC. The move is expected to enhance Columbus McKinnon’s market position by expanding its product offerings and operational capabilities, although the pro forma financial information provided is for informational purposes and does not predict future outcomes.

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.

M&A TransactionsLegal Proceedings
Columbus McKinnon Faces Antitrust Review for Acquisition
Neutral
May 30, 2025

On February 10, 2025, Columbus McKinnon Corporation announced its agreement to acquire Kito Crosby Limited by purchasing all of its issued and outstanding equity. The acquisition process is currently under review by the Antitrust Division of the U.S. Department of Justice, which issued a Second Request for additional information on May 28, 2025. This request extends the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act until compliance is achieved. Columbus McKinnon is working closely with the Antitrust Division to expedite the review process, with the acquisition’s completion contingent upon regulatory approval and other customary conditions.

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.

M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
Columbus McKinnon Reports Record Orders Amid Challenges
Neutral
May 28, 2025

Columbus McKinnon reported record orders of $1.0 billion for fiscal year 2025, despite a net sales decline of 5% due to short cycle order softness and longer delivery times for project-related orders. The company faced a net loss of $5.1 million, influenced by significant costs related to pension settlements, factory consolidations, and the pending acquisition of Kito Crosby. The company’s strong backlog and continued order growth position it well for fiscal 2026, with expectations of benefiting from industry trends such as on-shoring and global infrastructure investments.

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.

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: Jul 15, 2025