Oct 19, 2026, 5:36 AM ETColumbus McKinnon Corporation (CMCO) StockThe Value InvestorInvesting Group LeaderSummaryColumbus McKinnon equity remains a high-volatility call option amid significant debt and preferred equity overhang post-Kito Crosby acquisition.CMCO raised FY27 guidance: sales to $2.09–$2.15B, EBITDA to $405–$420M, and EPS to $1.90–$2.10, reflecting solid organic growth and execution.Despite refinancing that saves $7M annually and improved EBITDA, net debt remains elevated at $2.24B with leverage at 4.9x, limiting equity upside.Conviction remains difficult, as macro uncertainty, high rates, and complex capital structure keep all options open for CMCO's common shares.Looking for a helping hand in the market? Members of Value In Corporate Events get exclusive ideas and guidance to navigate any climate.