Columbus McKinnon (NASDAQ:CMCO) Issues FY 2027 Earnings Guidance

Columbus McKinnon (NASDAQ:CMCO) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.700-1.900 for the period, compared to the consensus estimate of 1.680. The company issued revenue guidance of $2.1 billion-$2.1 billion, compared to the consensus revenue estimate of $2.1 billion.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CMCO. DA Davidson reiterated a “neutral” rating and issued a $20.00 price objective on shares of Columbus McKinnon in a research note on Friday. Zacks Research lowered shares of Columbus McKinnon from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. JPMorgan Chase & Co. reduced their price objective on shares of Columbus McKinnon from $29.00 to $27.00 and set an “overweight” rating for the company in a research note on Wednesday, February 18th. Wall Street Zen downgraded shares of Columbus McKinnon from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 22nd. Finally, Weiss Ratings downgraded shares of Columbus McKinnon from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $23.50.

Columbus McKinnon Stock Down 8.5%

CMCO stock opened at $12.88 on Friday. The company has a current ratio of 1.83, a quick ratio of 0.99 and a debt-to-equity ratio of 0.43. The company’s 50 day moving average is $15.12 and its 200 day moving average is $17.12. The stock has a market cap of $370.17 million, a price-to-earnings ratio of -2.35 and a beta of 1.38. Columbus McKinnon has a 1-year low of $12.82 and a 1-year high of $24.40.

Columbus McKinnon (NASDAQ:CMCO) last issued its quarterly earnings results on Thursday, June 4th. The industrial products company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.12). Columbus McKinnon had a negative net margin of 19.23% and a positive return on equity of 6.59%. The business had revenue of $437.83 million for the quarter, compared to the consensus estimate of $419.57 million. During the same quarter in the previous year, the business earned $0.60 earnings per share. The firm’s revenue was up 77.3% on a year-over-year basis. Columbus McKinnon has set its FY 2027 guidance at 1.700-1.900 EPS. Sell-side analysts predict that Columbus McKinnon will post 1.8 EPS for the current fiscal year.

Columbus McKinnon Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 1st were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Friday, May 1st. Columbus McKinnon’s dividend payout ratio (DPR) is presently 133.33%.

Columbus McKinnon News Roundup

Here are the key news stories impacting Columbus McKinnon this week:

• Positive Sentiment: FY2026 results showed strong business momentum, including 20% order growth and 24% net sales growth, suggesting demand remains healthy after the acquisition. Article Title
• Positive Sentiment: The company’s FY2027 EPS guidance of $1.70-$1.90 was roughly in line to slightly above expectations, and DA Davidson reaffirmed a neutral rating while assigning a $20 price target, implying meaningful upside from current levels. Article Title
• Neutral Sentiment: Analysts and recap articles highlighted that the acquisition boosted sales, but also created margin pressure and integration headwinds that may take time to resolve. Article Title
• Negative Sentiment: Quarterly EPS came in at $0.24, missing estimates, which likely weighed on sentiment despite the revenue beat. Article Title

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CMCO. AQR Capital Management LLC grew its position in Columbus McKinnon by 32.4% during the first quarter. AQR Capital Management LLC now owns 123,498 shares of the industrial products company’s stock valued at $2,091,000 after acquiring an additional 30,255 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Columbus McKinnon by 5.1% during the first quarter. Goldman Sachs Group Inc. now owns 220,847 shares of the industrial products company’s stock valued at $3,739,000 after acquiring an additional 10,780 shares during the last quarter. Russell Investments Group Ltd. grew its position in Columbus McKinnon by 1,222.6% during the second quarter. Russell Investments Group Ltd. now owns 17,696 shares of the industrial products company’s stock valued at $270,000 after acquiring an additional 16,358 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of Columbus McKinnon in the second quarter worth approximately $1,658,000. Finally, Marshall Wace LLP bought a new position in shares of Columbus McKinnon in the second quarter worth approximately $1,390,000. 95.96% of the stock is currently owned by institutional investors.

Columbus McKinnon Company Profile

Columbus McKinnon Corporation is a global designer, manufacturer and marketer of material handling systems and solutions. The company’s product portfolio spans electric and manual hoists, motorized and manual chain and wire rope hoists, end-of-arm tooling, rigging hardware, trolleys and controls. Through its brands, Columbus McKinnon serves customers across a wide range of end markets including manufacturing, warehousing, construction, and energy, providing equipment for lifting, positioning and flow control applications.

With a focus on safety and productivity, Columbus McKinnon integrates advanced technologies such as automation controls, digital load monitoring and Internet-of-Things connectivity into its hoist and crane systems.