Professional
Added to YB: 2025-04-14
Pitch date: 2025-03-31
CMCO [neutral]
Columbus McKinnon Corporation
+15.83%
current return
Author Info
No bio for this author
Company Info
Columbus McKinnon Corporation designs, manufactures, and markets motion solutions for moving, lifting, positioning, and securing materials worldwide.
Market Cap
$564.3M
Pitch Price
$16.56
Price Target
54.00 (+182%)
Dividend
1.41%
EV/EBITDA
6.10
P/E
94.77
EV/Sales
1.04
Sector
Machinery
Category
turnaround
Heartland Value Fund Portfolio Holding: Columbus McKinnon Corporation
CMCO (holding update): Industrial products maker. New CEO targets higher growth/margins. Recent soft quarter due to policy uncertainty. $2.7B Kito Crosby acquisition caused 41% stock drop. Management buying stock. Targeting 25% EBITDA margins post-integration vs 15.5% pre-deal. $54 price target (10.5x EV/EBITDA). Potential 12x multiple like peers.
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