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

Columbus McKinnon (NASDAQ:CMCO) updated its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.900-2.100 for the period, compared to the consensus EPS estimate of 1.760. The company issued revenue guidance of $2.1 billion-$2.2 billion, compared to the consensus revenue estimate of $2.1 billion.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Weiss Ratings cut shares of Columbus McKinnon from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 29th. DA Davidson lowered their price objective on Columbus McKinnon from $20.00 to $17.00 and set a “neutral” rating for the company in a report on Monday, June 15th. Wall Street Zen cut Columbus McKinnon from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Finally, Zacks Research downgraded Columbus McKinnon from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Columbus McKinnon currently has a consensus rating of “Hold” and a consensus target price of $22.00.

Columbus McKinnon Stock Performance

Shares of Columbus McKinnon stock traded down $1.62 on Friday, reaching $19.06. 586,635 shares of the company were exchanged, compared to its average volume of 514,645. The company has a debt-to-equity ratio of 3.38, a quick ratio of 0.98 and a current ratio of 2.02. The company’s 50-day moving average is $14.57 and its two-hundred day moving average is $16.37. The firm has a market cap of $549.44 million, a price-to-earnings ratio of -3.48 and a beta of 1.39. Columbus McKinnon has a 1-year low of $11.99 and a 1-year high of $24.40.

Columbus McKinnon (NASDAQ:CMCO) last issued its earnings results on Thursday, July 30th. The industrial products company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.33. The firm had revenue of $531.46 million for the quarter, compared to analyst estimates of $501.27 million. Columbus McKinnon had a positive return on equity of 7.09% and a negative net margin of 19.23%.The firm’s revenue for the quarter was up 125.3% on a year-over-year basis. During the same period last year, the company earned $0.50 earnings per share. Columbus McKinnon has set its FY 2027 guidance at 1.900-2.100 EPS. As a group, research analysts expect that Columbus McKinnon will post 1.73 earnings per share for the current fiscal year.

Columbus McKinnon Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, August 7th will be given a dividend of $0.07 per share. The ex-dividend date is Friday, August 7th. This represents a $0.28 annualized dividend and a dividend yield of 1.5%. Columbus McKinnon’s dividend payout ratio is currently -5.11%.

Key Columbus McKinnon News

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

• Positive Sentiment: Earnings and revenue exceeded expectations. Adjusted EPS was $0.61, well above the $0.28 consensus estimate and up from $0.50 a year earlier. Revenue reached $531.5 million versus expectations of $501.3 million, representing 125% year-over-year growth. Columbus McKinnon Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: Acquisition-driven growth was supported by strong demand. The Kito Crosby acquisition drove much of the sales increase, while orders rose 120% to $568.1 million. A 1.1x book-to-bill ratio indicates orders exceeded sales, potentially supporting revenue in coming quarters. Columbus McKinnon Reports Record Orders and Sales
• Positive Sentiment: Fiscal 2027 guidance was raised. CMCO now expects adjusted EPS of $1.90 to $2.10, above the roughly $1.76 analyst consensus, and revenue of approximately $2.09 billion to $2.15 billion. Management also said Kito Crosby integration and synergy capture remain on track, with improved margins and cash flow. Columbus McKinnon Posts Record Q1 Results After Acquisition
• Neutral Sentiment: Management’s earnings call reinforced the outlook. Executives highlighted solid performance in both legacy Columbus McKinnon operations and Kito Crosby, while pointing to stronger positioning for the second half of fiscal 2027. CMCO Q1 2027 Earnings Call Transcript
• Negative Sentiment: GAAP profitability and leverage remain concerns. CMCO reported an $88.7 million net loss, or $2.05 per share, including $70.3 million in acquisition and integration expenses. The company also carries a debt-to-equity ratio of 3.38, and recent insider activity showed sales rather than purchases.

Hedge Funds Weigh In On Columbus McKinnon

Several hedge funds have recently modified their holdings of CMCO. AQR Capital Management LLC boosted its position in shares of Columbus McKinnon by 32.4% in the 1st quarter. AQR Capital Management LLC now owns 123,498 shares of the industrial products company’s stock valued at $2,091,000 after purchasing an additional 30,255 shares during the period. Goldman Sachs Group Inc. raised its holdings in Columbus McKinnon by 5.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 220,847 shares of the industrial products company’s stock worth $3,739,000 after buying an additional 10,780 shares during the period. Russell Investments Group Ltd. lifted its stake 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 buying an additional 16,358 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in Columbus McKinnon during the second quarter valued at about $1,658,000. Finally, Marshall Wace LLP acquired a new position in shares of Columbus McKinnon in the second quarter worth about $1,390,000. 95.96% of the stock is currently owned by institutional investors and hedge funds.

About Columbus McKinnon

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.