NYSE:MTWMachinery
Manitowoc (MTW): $9.7M One-Off Loss Tests Strength of Turnaround Narrative
Manitowoc Company (MTW) booked a noteworthy turnaround in its latest twelve months, moving into profitability with a 22.3% annual earnings growth rate over the past five years. The company's EPS in the recent period was shaped by a one-off $9.7 million loss, and its price-to-earnings ratio stands at 7x, substantially below both the US Machinery industry average of 23.9x and its peers at 24.1x. Investors are sizing up MTW's improved net profit margin and headline valuation, balancing the...