CMCO, US1993331057

Columbus McKinnon stock heads toward October 29 earnings after Q1 beat

Published on 10/07/2026 at 05:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Columbus McKinnon stock was last at USD 17.02 on October 6, 2026, as investors weigh a strong fiscal Q1 earnings beat. Five analysts set a USD 23.00 average target.

CMCO, US1993331057, Illustration mit AI erstellt.

Columbus McKinnon stock (ISIN US1993331057) was last at USD 17.02 on Nasdaq on October 6, 2026, up 0.59 percent from the prior session. The industrial machinery company enters its next reporting phase after fiscal Q1 2027 earnings of USD 0.61 per share beat the USD 0.27 consensus estimate, according to MarketBeat on October 1, 2026.

Revenue rises after Kito Crosby

Revenue reached USD 531.46 million in fiscal Q1 2027, up 125.3 percent from the year-earlier quarter and above the USD 501.27 million consensus. The result reflects Columbus McKinnon's first full quarter with Kito Crosby included in the business, making revenue growth less comparable with the prior standalone period.

Investing.com reported on September 23, 2026, that management is targeting USD 70 million of cost synergies over three years and expects 20 percent, or USD 14 million, in fiscal 2027. The same discussion put the leverage goal below 4 times by fiscal 2028, leaving debt reduction central to the investment case.

Analyst target stays above the stock

The analyst picture is moderately positive but divided. MarketBeat reported on October 1, 2026, that five analysts have a Moderate Buy consensus and an average 12-month price target of USD 23.00. One analyst rates the stock Sell, one Hold, one Buy and two Strong Buy.

The average target lies 35.1 percent above USD 17.02. MarketBeat also cited a JPMorgan target increase from USD 25.00 to USD 29.00 on July 31, 2026, while DA Davidson cut its target from USD 20.00 to USD 17.00 on June 15, 2026.

October 29 is the next checkpoint

Columbus McKinnon is scheduled to report fiscal Q2 2027 results before the market opens on October 29, 2026, with a conference call at 10:00 a.m. ET, according to MarketBeat. The published consensus calls for USD 0.38 EPS and USD 518.65 million in revenue.

Stock remains below yearly high

At USD 17.02 on October 6, the stock stood within its USD 11.99 to USD 24.40 52-week range and carried a market capitalization of USD 490.7 million. For investors, the next test is whether synergy delivery and debt paydown can convert the strong acquisition-led revenue comparison into recurring earnings.