Published on 13 Mar 2024 on Simply Wall St. via Yahoo Finance
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd like to see the share price move up more than the market average. Unfortunately for shareholders, while the Columbus McKinnon Corporation (NASDAQ:CMCO) share price is up 22% in the last five years, that's less than the market return. Over the last twelve months the stock price has risen a very respectable 13%.
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.
View our latest analysis for Columbus McKinnon