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Columbus Mckinnon Corp. (CMCO)
NASDAQ: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 58 (OpenAI - 4o)
Rating:58Neutral
Price Target:
$15.50
▲(4.66% Upside)
Columbus McKinnon's overall stock score reflects a balanced but cautious outlook. Financial performance and valuation present challenges, while technical indicators and earnings call sentiment are neutral. Positive corporate events provide some optimism.

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 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:Jul 30, 2025
(Q1-2026)
|
% Change Since: |
Next Earnings Date:Oct 29, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mixed outlook. While there were positive developments such as order growth, increased backlog, and strategic acquisitions, challenges such as declining sales, significant tariff impacts, and a tough macroeconomic environment were highlighted. The company's proactive measures and strategic focus offer optimism, but immediate challenges remain.
Q1-2026 Updates
Positive Updates
Increased Backlog
The backlog increased by $67 million, or 23% year-over-year, reaching $360 million due to longer-cycle project orders.
Order Growth
Orders grew by 2% year-over-year to a total of $259 million, with 8% growth in project-related orders, particularly strong in EMEA.
Adjusted EPS Exceeds Expectations
Adjusted earnings per share (EPS) was slightly ahead of expectations, reaffirming guidance for the full year.
Price Increases Implemented
Price increases have been implemented in the U.S., effective July 10, expected to be realized over the next few quarters.
Acquisition of Kito Crosby
The pending acquisition of Kito Crosby is expected to scale the business, expand customer capabilities, and accelerate the Intelligent Motion strategy.
Strong Performance in Targeted Markets
Strength in vertical end markets like battery production, e-commerce, food and beverage, and aerospace.
Negative Updates
Sales Decline
Sales were down 2% from the prior year, driven by a 3% decline in short-cycle sales due to tariffs and a slow macro recovery in Germany.
Tariff Impacts
Tariffs had a $4.2 million impact on gross profit and a 180 basis point impact on gross margin in Q1.
Decreased Gross Profit and Margin
Gross profit decreased by $11.8 million versus the prior year, with an adjusted gross margin contraction of 370 basis points year-over-year.
Free Cash Flow Challenges
Free cash flow was a use of cash of $21.4 million in the quarter, affected by acquisition-related cash payments, higher cash taxes, and tariff payments.
Uncertain Macroeconomic Environment
Anticipated choppy demand in the next few quarters due to macroeconomic uncertainties and policy impacts.
Company Guidance
During the Columbus McKinnon First Quarter Fiscal 2026 Earnings Conference Call, the company reported that orders increased by 2% year-over-year to $259 million, with a notable 8% growth in project-related orders, particularly strong in the EMEA region. However, short-cycle orders experienced a decline of 4% due to surcharges and tariffs. The backlog grew by $67 million, or 23%, to $360 million, offsetting short-cycle market softness. Sales for Q1 were slightly ahead of expectations at $235.9 million, down 2% from the previous year, with gross profit impacted by $4.2 million due to tariffs. The company reaffirmed its guidance for fiscal 2026, expecting flat to slightly up net sales growth and adjusted EPS growth. Despite macroeconomic uncertainties, Columbus McKinnon remains focused on strategic initiatives, including its pending acquisition of Kito Crosby, while targeting tariff cost neutrality by the second half of fiscal 2026 and margin neutrality by fiscal 2027.

Columbus Mckinnon Financial Statement Overview

Summary
Columbus McKinnon shows a mixed financial performance with revenue growth but recent profitability challenges. The balance sheet is stable, but cash flow volatility and declining margins indicate areas needing improvement.
Income Statement
65
Positive
Columbus Mckinnon shows a mixed income statement performance. While the company has experienced revenue growth over the years, the TTM revenue decreased slightly. The gross profit margin is stable, indicating effective cost management. However, the net income has turned negative in the most recent period, indicating profitability challenges. EBIT and EBITDA margins have also declined, reflecting pressures on operating efficiency.
Balance Sheet
70
Positive
The balance sheet reveals a moderate financial position. The debt-to-equity ratio is manageable, suggesting a balanced leverage. Return on Equity (ROE) has decreased, indicating lower efficiency in generating returns on shareholder investments. The equity ratio remains stable, providing a buffer against liabilities. Overall, the balance sheet reflects reasonable financial health with room for improvement in profitability.
Cash Flow
60
Neutral
Cash flow analysis highlights moderate efficiency. Operating cash flow has decreased, and free cash flow has been inconsistent, pointing to volatility in cash generation. The operating cash flow to net income ratio is favorable, but free cash flow to net income shows challenges in converting profits into cash. The company needs to focus on stabilizing its cash flow to support future investments and operations.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue959.22M963.03M1.01B936.24M906.55M649.64M
Gross Profit313.87M325.68M374.84M342.10M315.73M220.22M
EBITDA68.23M75.11M145.43M146.72M105.57M56.29M
Net Income-15.66M-5.14M46.63M48.43M29.66M9.11M
Balance Sheet
Total Assets1.78B1.74B1.83B1.70B1.69B1.15B
Cash, Cash Equivalents and Short-Term Investments28.72M53.68M114.13M133.18M115.39M202.13M
Total Debt542.42M540.67M599.63M526.08M511.23M248.95M
Total Liabilities868.31M856.69M943.88M864.66M912.90M620.28M
Stockholders Equity910.88M882.10M882.06M833.80M772.80M530.15M
Cash Flow
Free Cash Flow18.23M24.20M42.38M71.00M35.78M86.59M
Operating Cash Flow38.22M45.61M67.20M83.64M48.88M98.89M
Investing Cash Flow-19.07M-19.89M-133.36M-13.93M-554.31M-5.55M
Financing Cash Flow-57.14M-86.75M48.20M-49.99M420.70M-10.19M

Columbus Mckinnon Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price14.81
Price Trends
50DMA
14.94
Negative
100DMA
15.33
Negative
200DMA
20.93
Negative
Market Momentum
MACD
-0.03
Negative
RSI
50.40
Neutral
STOCH
48.47
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 14.81 is above the 20-day moving average (MA) of 14.79, below the 50-day MA of 14.94, and below the 200-day MA of 20.93, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 50.40 is Neutral, neither overbought nor oversold. The STOCH value of 48.47 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 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
71
Outperform
1.06B23.436.80%1.12%1.17%0.00%
63
Neutral
353.88M7.946.59%-1.96%423.46%
58
Neutral
$425.42M55.98-1.74%1.89%-5.75%-133.96%
58
Neutral
546.94M-27.21-3.87%-1.29%-171.86%
58
Neutral
638.87M28.824.08%3.94%-7.11%-87.41%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CMCO
Columbus Mckinnon
14.81
-17.06
-53.53%
ASTE
Astec
46.55
15.07
47.87%
MTW
Manitowoc Company
9.98
0.40
4.18%
TWI
Titan International
8.56
0.44
5.42%
HY
Hyster-Yale Materials Handling
36.05
-23.86
-39.83%

Columbus Mckinnon Corporate Events

Executive/Board ChangesShareholder MeetingsBusiness Operations and Strategy
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.

Private Placements and FinancingBusiness Operations and Strategy
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.

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.

M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
Columbus McKinnon Reports Q1 FY26 Financial Results
Neutral
Jul 30, 2025

Columbus McKinnon reported its Q1 FY26 results, showing a 2% increase in orders and a 23% rise in backlog, despite a net sales decrease of 1.6% and a net loss of $1.9 million due to tariff impacts and acquisition-related expenses. The company remains optimistic about its demand environment and strategic plans, emphasizing operational execution and cost management as it progresses toward completing the Kito Crosby acquisition.

Dividends
Columbus McKinnon Declares Quarterly Dividend Announcement
Positive
Jul 21, 2025

On July 21, 2025, Columbus McKinnon’s Board of Directors declared a quarterly dividend of $0.07 per common share, payable on August 18, 2025, to shareholders recorded by August 8, 2025. This announcement reflects the company’s commitment to providing value to its shareholders, with approximately 28.7 million common shares outstanding, reinforcing its stable financial position in the intelligent motion solutions industry.

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.

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: Sep 03, 2025