MTW Investment Analysis Report & Stock Research, Manitowoc Company, Inc.

Manitowoc Company, Inc. (MTW)

MTW Stock Report

2-Year Price History

View Larger MTW Chart
NYSE:MTW
$11.11
(2/9 1:27PM)
+3.2%
Open$10.96 Mkt Cap$1.4 Billion
High$11.2 52Wk High$14.60
Low$10.84 52Wk Low$2.34
Volume2.1 Million Avg Vol 10D3.5 Million

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MTW Revenue

For a long time, value investors have used the current share price relative to sales per share levels as an important valuation tool. We utilize a historical weighted average methodology that treats recent years more importantly in the calculation. When looking at MTW through this framework, we can see that our weighted average historical high and low Price to Sales per share ratios over the last 10 years are 1.04x and 0.40x respectively.

Utilizing this range we can see that MTW’s current Price to Sales per share ratio of 0.37x is significantly below its average levels historically. In fact, with a current price of $10.85, MTW is a full 48% below its average Price to Sales ratio at comparable sales levels. This is a rare occurrence and, when taken in context of the other areas of our analysis, can be a strong positive for our outlook for MTW.

MTW Cash Earnings

MTW is not forecasted to produce positive Cash Earnings this year, based on recent performance. This is not a positive situation, as we would always prefer that a company is producing cash every year. However, it is important to recognize that not all companies or types of companies have the goal of producing positive Cash Earnings either early in their business cycle or following significant turnaround changes. When looking at MTW, we hesitate to be overly negative on the company, but it is of concern that the company is not profitable at this time. Let's face it, companies cannot remain unprofitable for very long before a change has to be made. This could mean further restructuring or corporate event such as selling assets or spinning off divisions, at any rate a company with negative cash flows is not one that often makes a great investment unless you can acquire it at an extremely depressed price.

MTW Dividends

When determining a company's future prospects for success, Ockham Research sees analysis of dividend payments as a key additional factor. Even though it isn't imperative for MTW to shell out a dividend in order to receive a positive rating, it can be helpful to further our analysis.

The estimated annual dividend for MTW is $0.08 producing a current dividend yield of 0.74%. Much like our evaluation of Sales and Cash Earnings per share, we review dividend yields from MTW against the historic high and low levels over all available dividend history. Because dividends are a decision made exclusively by management, we view a healthy and rising dividend as a sign of confidence and strength. The highest dividend yield from MTW over previous years was 3.42% while the lowest dividend yield was 0.16%. It is never a good sign for a company to pay significantly lower dividends, in this case 58.66% below the median yield. Although, dividends are a relatively small portion of our analysis framework, we still see this as a negative factor.

Peer Comparison

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Manitowoc Company, Inc. Industry Grouping

(2/8/2010)
Company Ticker Market Cap (Ml) Latest
Price
Price/Cash Earnings Price/Sales 5-Yr. Rev.
Growth Rate
5-Yr.
Avg. ROE.
Current 10-Yr. Range* Current 10-Yr. Range*
Peer Company Averages (not including MTW) 15.53 3.32 » 66.41 1.34 0.37 » 2.24 15.73% 31.80%
*10 year range does not include current year values
Graco Inc. GGG $1.6 Billion $26.38 19.85 6.58 » 23.95 2.75 0.97 » 4.60 8.84% 54.12%
Graftech International Ltd GTI $1.4 Billion $11.88 31.79 1.74 » 200.71 2.02 0.31 » 2.80 10.82% 35.51%
General Cable Corp. BGC $1.4 Billion $27.46 6.12 1.14 » 74.25 0.32 0.05 » 0.96 32.28% 25.50%
Manitowoc Company, Inc. MTW $1.4 Billion $10.77 -1.00 6.06 » 72.99 0.37 0.06 » 1.67 23.10% 13.16%
Baldor Electric Company BEZ $1.3 Billion $28.76 8.11 2.75 » 20.04 0.80 0.24 » 1.57 28.34% 13.20%
The Toro Company TTC $1.3 Billion $37.93 11.80 4.39 » 13.08 0.83 0.30 » 1.29 -1.61% 30.66%
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Squawk On The Street

MTW's Back in the News After More than a Month on Squawk On The Street

It's been at least a month since we noticed any major news coverage of MTW, so the story in Squawk On The Street may get the ball rolling.

The latest news on MTW has created quite a stir as the stock is trading $1.45 higher in today's session. Crowd sentiment is leaning to the bearish side, according to the robust data set collected by the Motley Fool CAPS survey. Manitowoc Company, Inc. received our Fairly Valued rating in our latest report because the price at the time of the report of $13.30 did not seem out of line with the fundamentals. The price has risen since then and all other things being equal that makes MTW less attractive. We noticed recently that in comparison to all other stocks we analyze in the news; MTW has received less coverage from the financial media in business television and blogs.

“… The best performer in the s&p today, MANITOWOC hitting a new-year high. The industrial equipment maker is going to refinance its senior secured debt to give itself more time to ... …”

Squawk On The Street

Manitowoc Company, Inc. (MTW) Discussed on CNBC's Squawk On The Street

Manitowoc Company, Inc. is in the news. Find out how this impacts MTW trading on Ockham Research.

Third a bank in the midwest. MANITOWOC, and first solar, three downgrades, bank of america, merrill lynch one of them, and downgraded to above average, what is up with the lake woe begone nation? We don't have much time. Look!

“… Third a bank in the midwest. MANITOWOC, and first solar, three downgrades, bank of america, merrill lynch one of them, and downgraded to above average, what is up with the lake woe begone nation? We don't have much time. Look! …”

Countdown to the Closing Bell

Manitowoc Company, Inc. (MTW) Discussed on Fox Business's Countdown to the Closing Bell

Manitowoc Company, Inc. is in the news. Find out how this impacts MTW trading on Ockham Research.

Dillards, maceys also up. Nordstrom up. >> MANITOWOC company up 13.7%. >> number three, brocade communications. Will wall street journal reported that the company is up for sale. The company says no imminent the stock up 19%. >> number two, another deal going on, open t.V., little company to be bought out by a swiss t.V. Company owning 32% of class a and b shares, offering the stock up because of it. >> biotech company of the day, depo mag reporting a late day study with a nerve treatment disorder drug they have. Pain down, stock up 28% because of it. 52 week high.

“… oing on, open t.V., little company to be bought out by a swiss t.V. Company owning 32% of class a and b shares, offering the stock up because of it. >> biotech company of the day, depo mag reporting a late day study with a nerve treatment disorder drug they have. Pain down, stock up 28% because of it. 52 week high. …”

The Call

Manitowoc Company, Inc. (MTW) Discussed on CNBC's The Call

Manitowoc Company, Inc. is in the news. Find out how this impacts MTW trading on Ockham Research.

It might be zero. It might be two. It'll depend. It's saying, hey, we're going to be raising some prices on some and we'll tell the dealers exactly which ones pretty soon. MANITOWOC booted from the s&p up 15% today. They're best day in five months. Oshkosh also strong. Materials, another buyback of beaten up stacks. Dow chemical, aillcoa and u.S. Some of the volume actives, big, big volume. Already more than their ten day pinnacle west upgraded as a top pick at citigroup. Northeast utilities with more than 120% of its average daily volume. And I mention prologic. They're leasing eight rooftops in spain. Money for nothing. Rooftops for free. So to speak. Back to you guys. >> thanks so much, matt nesto. This is it for "the call." >> thanks for watching, "power lunch" is up next.

“… h also strong. Materials, another buyback of beaten up stacks. Dow chemical, aillcoa and u.S. Some of the volume actives, big, big volume. Already more than their ten day pinnacle west upgraded as a top pick at citigroup. Northeast utilities with more than 120% of its average daily volume. And I mention prologic. They're leasing eight rooftops in spain. Money for nothing. Rooftops for free. So to speak. Back to you guys. >> thanks so much, matt nesto. This is it for "the call." >> thanks for watching, "power lunch" is up next. …”

Squawk On The Street

Manitowoc Company, Inc. (MTW) Discussed on CNBC's Squawk On The Street

Manitowoc Company, Inc. is in the news. Find out how this impacts MTW trading on Ockham Research.

N dolinvest, w you let it all ride on retail stocks or perhaps technology? >>> plus, as we go to break, stocks on the move, MANITOWOC and wells fargo.

“… N dolinvest, w you let it all ride on retail stocks or perhaps technology? >>> plus, as we go to break, stocks on the move, MANITOWOC and wells fargo. …”

Fox Business

Manitowoc Company, Inc. (MTW) Discussed on Fox Business's Fox Business

Manitowoc Company, Inc. is in the news. Find out how this impacts MTW trading on Ockham Research.

You can see the banking index in particular, it's doing so well, particular, 's doing so we, so strong, really a leader and so sometimes I see it up fractionally and today, it's soaring higher quickly look at other movers we're focusing on. 're focusingon. Everything from MANITOWOC, erything from MANITOWOC, deutche bank upping to a buy and foo service equipntme, liking that one and deere all equipment stocks doing equipment sckstooing particularly well and deere with paicularly wel alnd deere wh the uaw workers ratifying a new contract until 2015. E uath workersat rying new that's good news for them. And an syngenta. Anand syngenta. Some of the pharmas like mylan labs on an upgreat. What we're seeing, two weeks of losses, but sitting comfortably at this 9500 level and if you liston princeton financial group, they think they're facing th bounce, cautious for a llback, but aounce in order for w.No I have to quickly note we see some weakness in safe havens, ch as the consumer stocks and drug stocks, back to you. Much for that from downtown ch fmu that from downtown chicago, where brian sullivan is, you know, listen, there's been a

“… . Everything from MANITOWOC, erything from MANITOWOC, deutche bank upping to a buy and foo service equipntme, liking that one and deere all equipment stocks doing equipment sckstooing particularly well and deere with paicularly wel alnd deere wh the uaw workers ratifying a new contract until 2015. E uath workersat rying new that's good news for them. And an syngenta. Anand syngenta. Some of the pharmas like mylan labs on an upgreat. What we're seeing, two weeks of losses, but sitting comfortably at this 9500 level and if you liston princeton financial group, they think they're facing th bounce, cautious for a llback, but aounce in order for w.No I have to quickly note we see some weakness in safe havens, ch as the consumer stocks and drug stocks, back to you. Much for that from downtown ch fmu that from downtown chicago, where brian sullivan is, you know, listen, there's been a …”

Closing Bell

Manitowoc Company, Inc. (MTW) Discussed on CNBC's Closing Bell

Manitowoc Company, Inc. is in the news. Find out how this impacts MTW trading on Ockham Research.

Is good, but it's not more than 50%, believe it or not. And the infrastructure play, the two of those combined, makes quite a little thing. And boy, they're living up to if you take a look at the giants of september, all of these stocks are up anywhere from, well, MANITOWOC is up 57% in september. Happened to it, it looks like was getting booted from the s&p 500. Amr in the airline space up 55. Textron up 26. Ge up 22. Month to date, maria, number one on the dow. And monster worldwide, my i've got to confess favorite industrial, that's heavy industry as i've ever seen it. It's up 16% in september. >> all right. See you a little later. We go over to the nasdaq marketsite now. Melissa lee stands by, telsz us what's coming up "fast money" hi, melissa. >> got a big show for you. Move over drew carey and bob barker. Guy adami hosting our segment "the price is right" telling you what levels he would buy two stocks that might be on your so stay tuned for that. Also we continue our "street survivors" series with a look at jpmorgan today, and we've got the fallout look on the housing sector from an analyst who sees a 20% pullback in the sector. How do you play that pullback? We will have the answers straight ahead top of the hour. We'll see you in five minutes. Up next we'll take a look at what could move the markets tomorrow when that opening bell financial partner...

“… om, well, MANITOWOC is up 57% in september. Happened to it, it looks like was getting booted from the s&p 500. Amr in the airline space up 55. Textron up 26. Ge up 22. Month to date, maria, number one on the dow. And monster worldwide, my i've got to confess favorite industrial, that's heavy industry as i've ever seen it. It's up 16% in september. >> all right. See you a little later. We go over to the nasdaq marketsite now. Melissa lee stands by, telsz us what's coming up "fast money" hi, melissa. >> got a big show for you. Move over drew carey and bob barker. Guy adami hosting our segment "the price is right" telling you what levels he would buy two stocks that might be on your so stay tuned for that. Also we continue our "street survivors" series with a look at jpmorgan today, and we've got the fallout look on the housing sector from an analyst who sees a 20% pullback in the sector. How do you play that pullback? We will have the answers straight ahead top of the hour. We'll see you in five minutes. Up next we'll take a look at what could move the markets tomorrow when that opening bell financial partner... …”

Mad Money

Manitowoc Company, Inc. (MTW) Discussed on CNBC's Mad Money

Manitowoc Company, Inc. is in the news. Find out how this impacts MTW trading on Ockham Research.

>> caller: hi, jim. >> calalalaller:hi, m. >> excellent. >> caller: i'd like to give you a big southern illinois university boboo-yayah. Gogo dogs. My stock is MANITOWOC. >> i've disliked MANITOWOC. But my friend ron insana who does market movers at chairman, he likes it. Caterpillar. Mtw's had a big run. I think they need to confine their balance sheet. I'm not a buyer of MANITOWOC. I'm a buyer of caterpillar. Over! Welcome to "mad money"! >> the gloom and doomers are in trouble.

“… rman, he likes it. Caterpillar. Mtw's had a big run. I think they need to confine their balance sheet. I'm not a buyer of MANITOWOC. I'm a buyer of caterpillar. Over! Welcome to "mad money"! >> the gloom and doomers are in trouble. …”

Fast Money

Manitowoc Company, Inc. (MTW) Discussed on CNBC's Fast Money

Manitowoc Company, Inc. is in the news. Find out how this impacts MTW trading on Ockham Research.

Outside. The trees? >> I love the lights in the trees it looks beautiful. >> great. >> pop here for MANITOWOC. >> they're still riding on this upgrade that they got the other day and everybody, including myself, always called them a crane company. They're food services. 65% of the revenue's coming from that stock's getting a nice big >> icemakers. >> by the way it is MANITOWOC. >> there you go. >> say it correctly, tim. >> pop here gold. >> it bounced back for the gold it was much related to gold and although these guys are moving heavy. >> and we've got a pop here for derek jeter, yankees' shortstop tide the all-time career mark in under 21 last night. Playing at home against tampa bay. A record number of previously reached more than 70 years ago. By the legendary lou gehrig. >> go get, amy, derek. >> that a boy.

“… food services. 65% of the revenue's coming from that stock's getting a nice big >> icemakers. >> by the way it is MANITOWOC. >> there you go. >> say it correctly, tim. >> pop here gold. >> it bounced back for the gold it was much related to gold and although these guys are moving heavy. >> and we've got a pop here for derek jeter, yankees' shortstop tide the all-time career mark in under 21 last night. Playing at home against tampa bay. A record number of previously reached more than 70 years ago. By the legendary lou gehrig. >> go get, amy, derek. >> that a boy. …”

Fast Money

Manitowoc Company, Inc. (MTW) Discussed on CNBC's Fast Money

Manitowoc Company, Inc. is in the news. Find out how this impacts MTW trading on Ockham Research.

Upgraded at argup. $36 price target. I just think valuations don't this is one you want to avoid. It will make sense. Not yet. >> and man toe wok. >> MANITOWOC. >> we called the company. We do our homework on the show. And MANITOWOC. >> their demise in terms of deals but this has become a free option effectively at 7 1/2 you're just making a bet that MANITOWOC is going to come out of this -- we called the company. >> that's what you've got. >> you noticed. >> app holding an event tomorrow shrouded in mystery. We'll tell you what to do before next.

“… rms of deals but this has become a free option effectively at 7 1/2 you're just making a bet that MANITOWOC is going to come out of this -- we called the company. >> that's what you've got. >> you noticed. >> app holding an event tomorrow shrouded in mystery. We'll tell you what to do before next. …”

View All Manitowoc Company, Inc. Stock News

Key Fundamentals

MTW - Manitowoc Company, Inc. Fundamentals
Price (2/9 1:27PM) $11.11
Volume (2/9 1:27PM) 2.1 Million
Last Close Price $10.77
10 Day Average Volume 3.5 Million
13 Week Price Range $8.94 - $14.60
52 Week Price Range $2.34 - $14.60
LTM Revenue $3.8 Billion
 
Shares Outstanding (12/2009) 130.6 Million
Market Capitalization $1.4 Billion
Shares Held By Institutions 63.8 Million
Institutional Holders 330
% Shares Held By Institutions 48.80%
Earnings Per Share (EPS) ($5.41)
P/E Ratio n/a
Book Value Per Share $4.92
 
Gross Margin 24.50%
Annual Dividend 0.08
Dividend Yield 0.70%
Beta 2.64
Fiscal Year Ends December

About Manitowoc Company, Inc.

Manitowoc Company, Inc. is considered to operate in the Industrial Goods sector. They specifically operate in the Farm/Construction Machinery business segment contained within the Industrial industry.

The Company is a multi-industry, capital goods manufacturer in two principal markets: Cranes and Related Products and Foodservice Equipment.