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Like Its Cranes, Manitowoc Deserves To Keep Rising

Seeking Alpha
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⚡ Quantum Brief
The Manitowoc Company (MTW) remains a strong buy despite recent financial challenges, according to a March 2026 analysis, with shares deemed undervalued amid macroeconomic headwinds. Revenue growth is driven by higher-margin non-new machines, while a rising backlog suggests operational strength heading into 2026, offsetting broader market weakness. Management targets $10M in annual cost savings, reduced leverage, and projects 2026 EBITDA of $125–$150M on revenues of $2.25–$2.35B, signaling confidence in turnaround efforts. Even if 2026 targets fall short, MTW’s valuation remains attractive compared to peers, offering a margin of safety for investors. The call echoes a prior October 2025 "buy" recommendation, reinforcing a contrarian bet on the crane manufacturer’s long-term recovery potential.
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Daniel JonesInvesting Group LeaderFollow5ShareSavePlay(9min)CommentsSummaryThe Manitowoc Company remains a strong 'buy' as shares are attractively valued despite mixed recent financials and macro headwinds.Revenue growth, especially from the higher-margin non-new machines segment, and a surging backlog signal operational momentum into 2026.Management targets $10M in annual cost savings, continued leverage reduction, and expects 2026 EBITDA of $125–$150M on revenue of $2.25–$2.35B.Even if 2026 targets are missed, MTW's valuation remains compelling both on absolute and peer-relative metrics.Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More »JARAMA/iStock via Getty Images Back in the middle of October of 2025, I called The Manitowoc Company (MTW) a 'buy' candidate. This decision was in spite of the fact that financial metrics for the company had been worsening. Weak market conditions pushedThis article was written byDaniel Jones36.89K FollowersFollowDaniel is an avid and active professional investor. He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham's investment philosophy and a contrarian approach to the market and the securities therein. Learn more.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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