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Rebecca Yeung, a director at Columbus McKinnon Corp (NASDAQ:CMCO), recently acquired 1,000 shares of the company’s common stock, showing insider confidence despite the stock’s significant 62% decline over the past six months. According to InvestingPro analysis, the company appears undervalued, trading at just 0.48 times book value. The transaction, which took place on June 5, 2025, saw Yeung purchase the shares at $15.03 per share, resulting in a total investment of $15,030. The purchase price sits near the stock’s 52-week low of $11.78, while analyst targets range from $15 to $34. Following this acquisition, Yeung now holds a total of 7,682 shares in the company. InvestingPro subscribers can access 8 additional key insights about CMCO’s valuation and future prospects.
In other recent news, Columbus McKinnon Corporation reported its fourth-quarter and fiscal year 2025 results, revealing a mixed financial performance. The company achieved an adjusted earnings per share (EPS) of $0.60, slightly surpassing the forecast of $0.58, while revenue fell short of expectations at $246.9 million, compared to the anticipated $248.4 million. Columbus McKinnon is also facing a delay in its planned acquisition of Kito Crosby Limited due to a request for additional information from the U.S. Department of Justice’s Antitrust Division. This "Second Request" extends the antitrust review period, impacting the timeline for the acquisition’s completion.
DA Davidson maintained a Neutral rating on Columbus McKinnon with a price target of $15.00, noting the company’s performance amid market challenges. Columbus McKinnon’s annual guidance for fiscal year 2026 suggests flat to slightly increased sales and adjusted EPS, with a cautious approach in the face of market headwinds, including tariffs. The company anticipates a $0.20-$0.30 EPS headwind in the first half due to tariffs but aims for cost neutrality in the second half. Columbus McKinnon is committed to working closely with the Antitrust Division to expedite the review process for the Kito Crosby acquisition, which is expected to close by the end of the calendar year.
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