Manitowoc Company (MTW) AI Stock Analysis

• Market Cap: $332.96M
• Dividend Yield: N/A
• Average Volume (3M): 282.83K
• Price to Earnings (P/E): 7.5
• Beta (1Y): 1.80
• Revenue Growth: -1.96%
• EPS Growth: 423.46%
• Country: US
• Employees: 4,800
• Sector: Industrials
• Sector Strength: 78
• Industry: Agricultural - Machinery
• EPS (TTM): 0.08
• Shares Outstanding: 35,459,106
• 10 Day Avg. Volume: 385,845
• 30 Day Avg. Volume: 282,831
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 2.77
• Enterprise Value/Revenue: 0.43
• Enterprise Value/Gross Profit: 2.48
• Enterprise Value/Ebitda: 9.55
• 1Y Price Target: $10.25
• Price Target Upside: 12.14% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 4

• Rating: 61 Neutral
• Price Target: $11.00 ▲(20.35% Upside)

The overall stock score of 61 reflects a mixed financial performance with stable balance sheet but declining revenue and margins. Technical analysis indicates bearish momentum, while valuation suggests the stock may be undervalued. The earnings call highlights both opportunities and challenges, particularly due to tariff impacts in North America.

Positive Factors

Long-term Outlook

Management expressed long-term optimism on interest rate cuts, megaprojects, and Middle East activity.

Middle East Projects

The level of activity in the Middle East remains very strong, with Saudi projects and residential construction in Dubai moving forward.

Negative Factors

Earnings Performance

EPS and EBITDA came in below consensus with persistent European tower crane softness a continued headwind.

Operating Environment

The near-term operating environment remains challenging due to geopolitical environment, upcoming elections, and anticipation of further rate cuts.

Order Decline

Orders were down 20% year/year to $424.7 million, with book-to-bill at 0.82x.

Manitowoc Company Business Overview & Revenue Model

Company Description

The Manitowoc Company, Inc. provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East, and the Asia Pacific. It designs, manufactures, and distributes crawler-mounted lattice-boom cranes under the Manitowoc brand; a line of top-slewing and self-erecting tower cranes under the Potain brand; mobile hydraulic cranes under the Grove, Shuttlelift, and National Crane brands; and hydraulic boom trucks under the National Crane brand. The company also provides crane product parts and services; and crane rebuilding, remanufacturing, and training services. Its crane products are used in various applications, including energy production/distribution and utilities; petrochemical and industrial projects; infrastructure, such as road, bridge, and airport construction; and commercial and high-rise residential construction. The company serves a range of customers, including dealers, rental companies, contractors, and government entities in the petrochemical, industrial, commercial construction, power and utilities, infrastructure, and residential construction end markets. The Manitowoc Company, Inc. was founded in 1902 and is headquartered in Milwaukee, Wisconsin.

How the Company Makes Money

Manitowoc generates revenue primarily through the sale of cranes and related equipment, which includes both new and used machinery. The company has a diversified revenue model, consisting of several key streams: equipment sales, aftermarket parts and services, and rental operations. The sales of new cranes constitute a significant portion of their revenue, while aftermarket services, including maintenance and repair parts, provide a steady income stream due to ongoing customer relationships. Additionally, Manitowoc has established partnerships with distributors and dealers to expand its market reach, which further contributes to its earnings. The company's emphasis on technological advancements and customer support also plays a vital role in attracting and retaining clients, ultimately impacting its financial performance.

Manitowoc Company Financial Statement Overview

Summary

Manitowoc Company shows moderate financial performance with strengths in cash flow generation and balance sheet stability. However, declining revenue and modest profitability margins indicate challenges in operational efficiency and growth.

Income Statement

The income statement of Manitowoc Company shows a mixed performance. The TTM (Trailing-Twelve-Months) figures indicate a gross profit margin of 17.27% and a net profit margin of 2.09%. However, the revenue has declined from the previous year, reflecting a negative growth trend. The EBIT margin stands at 2.32%, indicating moderate operational efficiency. Despite the challenges, there is a positive EBITDA margin of 4.42%, showing some strength in earnings before interest, taxes, depreciation, and amortization.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.70, suggesting a balanced approach to leveraging. The return on equity (ROE) is modest at 6.91%, indicating moderate profitability for shareholders. The equity ratio is sound at 36.94%, showing a healthy proportion of equity financing. The company maintains a reasonable level of total assets relative to its liabilities.

Cash Flow

The cash flow statement highlights a significant growth in free cash flow, increasing from $3.5 million to $48.4 million, indicating improved cash generation. The operating cash flow to net income ratio is 2.06, showing strong cash flow relative to net income. However, the free cash flow to net income ratio is 1.08, reflecting limited excess cash after capital expenditures. The company has managed to improve its cash generation capabilities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.13B	2.18B	2.23B	2.03B	1.72B	1.44B
Gross Profit	371.60M	375.00M	425.20M	364.50M	307.20M	254.70M
EBITDA	96.60M	114.30M	139.20M	-23.50M	94.40M	66.10M
Net Income	44.90M	55.80M	39.20M	-123.60M	11.00M	-19.10M
Balance Sheet
Total Assets	1.88B	1.66B	1.71B	1.62B	1.78B	1.60B
Cash, Cash Equivalents and Short-Term Investments	32.90M	48.00M	34.40M	64.40M	75.40M	128.70M
Total Debt	524.60M	437.20M	432.30M	431.50M	448.70M	349.80M
Total Liabilities	1.20B	1.02B	1.10B	1.08B	1.11B	960.00M
Stockholders Equity	681.30M	640.10M	603.30M	537.80M	662.40M	643.50M
Cash Flow
Free Cash Flow	52.10M	3.50M	-14.40M	15.10M	35.80M	-61.40M
Operating Cash Flow	14.00M	49.20M	63.00M	76.90M	76.20M	-35.10M
Investing Cash Flow	-48.30M	-40.40M	-71.80M	-58.00M	-226.30M	-25.80M
Financing Cash Flow	28.00M	6.70M	-21.40M	-29.90M	100.90M	-14.80M

Manitowoc Company Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 9.14
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MTW, the sentiment is Negative. The current price of 9.14 is below the 20-day moving average (MA) of 11.98, below the 50-day MA of 12.00, and below the 200-day MA of 10.22, indicating a bearish trend. The MACD of -0.63 indicates Positive momentum. The RSI at 25.01 is Positive, neither overbought nor oversold. The STOCH value of 16.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MTW.

Manitowoc Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OSK	78 Outperform	$8.98B	14.08	15.52%	1.40%	0.41%	-3.90%
TEX	77 Outperform	$3.40B	19.31	9.45%	1.35%	-0.35%	-63.44%
ASTE	65 Neutral	$1.05B	22.92	7.02%	1.14%	1.17%	―
MTW	61 Neutral	$332.96M	7.47	7.05%	―	-1.96%	423.46%
Sector *	61 Neutral	C$7.19B	-4.76	-4.20%	2.32%	13.56%	-31.48%
CMCO	58 Neutral	$421.69M	55.98	-1.74%	1.91%	-5.75%	-133.96%
HY	58 Neutral	$661.91M	29.98	4.39%	3.78%	-7.11%	-87.41%

Manitowoc Company Corporate Events

Manitowoc Company Releases New Investor Presentation

On May 8, 2025, The Manitowoc Company, Inc. released an investor presentation intended for meetings with investors, analysts, and other interested parties. The presentation, while made available, is not considered filed under the Securities Exchange Act of 1934 or incorporated by reference into any filing under the Securities Act of 1933, unless specifically referenced.

Manitowoc Company Holds 2025 Annual Shareholders Meeting

On May 6, 2025, The Manitowoc Company, Inc. held its 2025 Annual Meeting of Shareholders, where key decisions were made, including the election of eight directors and the approval of the 2025 Omnibus Incentive Plan. Additionally, Deloitte & Touche LLP was ratified as the independent public accounting firm for the fiscal year ending December 31, 2025, and the compensation of named executive officers was approved, reflecting shareholder support for the company’s strategic direction.