From Seekingalpha · The Value Investor · · 40s
Columbus McKinnon: Heavy Lifting Ahead
Columbus McKinnon's stock faces high debt and volatility despite recent guidance updates.
In brief
Columbus McKinnon's stock faces high debt and volatility despite recent guidance updates. Columbus McKinnon's stock remains volatile with $2.24B net debt and 4.9x leverage after FY27 guidance. Originally reported by Seekingalpha.
CMCO Guidance Update
Columbus McKinnon raised FY27 sales to $2.09, $2.15B, EBITDA to $405, $420M, and EPS to $1.90, $2.10.
Debt and Leverage Concerns
Net debt remains elevated at $2.24B with leverage at 4.9x despite refinancing saving $7M annually.
Market Outlook
Macro uncertainty, high rates, and complex capital structure limit equity upside for CMCO's common shares.
What to remember
Columbus McKinnon's stock remains volatile with $2.24B net debt and 4.9x leverage after FY27 guidance.
