Manitowoc Company (MTW) AI Stock Analysis

• Market Cap: $389.17M
• Dividend Yield: N/A
• Average Volume (3M): 274.36K
• Price to Earnings (P/E): 8.9
• Beta (1Y): 1.82
• Revenue Growth: -2.75%
• EPS Growth: 65.38%
• Country: US
• Employees: 4,800
• Sector: Industrials
• Sector Strength: 90
• Industry: Agricultural - Machinery
• EPS (TTM): -0.16
• Shares Outstanding: 35,443,462
• 10 Day Avg. Volume: 150,381
• 30 Day Avg. Volume: 274,358
• PEG Ratio: -0.45
• Price to Book (P/B): 0.61
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.25
• Enterprise Value/Market Cap: 2.08
• Enterprise Value/Revenue: 0.09
• Enterprise Value/Gross Profit: 2.18
• Enterprise Value/Ebitda: 1.71
• 1Y Price Target: $10.00
• Price Target Upside: -12.36% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 4

• Rating: 73 Outperform
• Price Target: $12.50 ▲(9.55%Upside)

Manitowoc's stock is buoyed by strong technical momentum and a positive earnings call outlook, despite some challenges in financial performance due to declining revenue and profitability issues. The stock's valuation remains attractive, offering potential upside. Strategic initiatives and market growth contribute positively to the overall assessment.

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. is a leading global manufacturer of cranes and lifting equipment, primarily serving the construction, energy, and infrastructure industries. Headquartered in Milwaukee, Wisconsin, Manitowoc specializes in the design, production, and distribution of high-capacity cranes, including mobile telescopic cranes, tower cranes, and lattice-boom crawler cranes. The company is known for its innovation and commitment to quality, providing safe and reliable lifting solutions to its diverse clientele worldwide.

How the Company Makes Money

Manitowoc Company generates revenue through the sale of its extensive range of cranes and lifting equipment. The company's primary revenue streams include the direct sale of its machinery to construction firms, rental companies, and infrastructure developers. Additionally, Manitowoc offers aftermarket services, such as maintenance, repair, and spare parts, which provide a steady stream of income. The company also benefits from strategic partnerships and alliances that enhance its market reach and product offerings. Manitowoc's earnings are significantly influenced by global construction and infrastructure development trends, as well as its ability to innovate and meet industry demands for advanced lifting solutions.

Manitowoc Company Financial Statement Overview

Summary

Manitowoc Company shows a moderate financial performance with a stable balance sheet and improved cash flow generation. However, declining revenue and modest profitability margins indicate potential challenges in operational efficiency and growth trajectory.

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
2.15B	2.18B	2.23B	2.03B	1.72B	1.44B
	Gross Profit
371.90M	375.00M	425.20M	364.50M	307.20M	254.70M
	EBIT
50.00M	51.80M	92.40M	84.80M	46.50M	38.60M
	EBITDA
95.10M	114.30M	139.20M	-23.50M	94.40M	81.50M
	Net Income Common Stockholders
45.00M	55.80M	39.20M	-123.60M	11.00M	-19.10M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
56.50M	48.00M	34.40M	64.40M	75.40M	128.70M
	Total Assets
1.69B	1.66B	1.71B	1.62B	1.78B	1.60B
	Total Debt
410.20M	437.20M	419.30M	419.90M	436.40M	339.30M
	Net Debt
353.70M	389.20M	384.90M	355.50M	361.00M	210.60M
	Total Liabilities
1.14B	1.02B	1.10B	1.08B	1.11B	960.00M
	Stockholders Equity
552.80M	640.10M	603.30M	537.80M	662.40M	643.50M
Cash Flow		Free Cash Flow
48.40M	3.50M	-14.40M	15.10M	35.80M	-61.40M
	Operating Cash Flow
92.70M	49.20M	63.00M	76.90M	76.20M	-35.10M
	Investing Cash Flow
-52.00M	-40.40M	-71.80M	-58.00M	-226.30M	-25.80M
	Financing Cash Flow
-30.30M	6.70M	-21.40M	-29.90M	100.90M	-14.80M

Manitowoc Company Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 11.41
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MTW, the sentiment is Positive. The current price of 11.41 is above the 20-day moving average (MA) of 11.00, above the 50-day MA of 9.32, and above the 200-day MA of 9.67, indicating a bullish trend. The MACD of 0.43 indicates Positive momentum. The RSI at 65.33 is Neutral, neither overbought nor oversold. The STOCH value of 82.27 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MTW.

Manitowoc Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OSK	77 Outperform	$7.04B	11.68	15.24%	1.77%	5.95%	-10.59%
HY	74 Outperform	$730.69M	7.35	21.56%	3.42%	-0.32%	-35.10%
TEX	74 Outperform	$3.05B	12.66	13.85%	1.46%	-2.78%	-51.72%
MTW	73 Outperform	$389.17M	8.93	7.21%	―	-2.75%	65.38%
ASTE	68 Neutral	$916.05M	60.91	2.33%	1.30%	1.99%	-39.02%
Sector *	66 Neutral	$4.50B	12.29	5.40%	248.66%	4.13%	-12.33%
CMCO	61 Neutral	$439.50M	55.98	-0.58%	1.82%	-2.02%	-80.76%

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.