What Happened?
Shares of material handling equipment manufacturer Columbus McKinnon (NASDAQ: CMCO) fell 6% in the afternoon session as the stock pulled back after the company reported third-quarter 2025 results that significantly beat analyst expectations for revenue and profit. This was against a backdrop of mixed long-term analyst forecasts.
The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Columbus McKinnon? Access our full analysis report here.
What Is The Market Telling Us
Columbus McKinnon’s shares are extremely volatile and have had 31 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
The previous big move we wrote about was 1 day ago when the stock gained 16.9% on the news that the company reported third-quarter 2025 results that significantly beat analyst expectations for revenue and profit. The company announced revenue of $261 million, a 7.7% increase year-over-year, which surpassed Wall Street's estimates by a wide margin. Columbus McKinnon also posted an adjusted profit of $0.62 per share, coming in 17.2% ahead of consensus forecasts. Investors focused on the strong top- and bottom-line beats against a backdrop of mixed long-term analyst forecasts, interpreting the current outperformance as a strong positive signal for the company's operational health.
Columbus McKinnon is down 56.2% since the beginning of the year, and at $16.18 per share, it is trading 60.1% below its 52-week high of $40.59 from December 2024. Investors who bought $1,000 worth of Columbus McKinnon’s shares 5 years ago would now be looking at an investment worth $468.13.
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