RE: United Nat Foods (UNFI) 33.25 +1.28 (+4.00%)
Palantir Technologies Inc Cl A (PLTR) 117.07
Totally missed PLTR as I sold my share way too early at $16/share. However, still hold all my UNFI w/ buys in Q3 2004 & long holds from 02/2020. Continues to be a reversion to the mean play w/ my price target at/near $41/share.
The value proposition for both of these are 'rich'; UNFI Forward PE 41x & PLTR at 363x. It's hard to apply value metrics but at least for UNFI you have a 14 year history, so reversion to the mean thinking does help. I have found that the market can run a lot longer than one expects, so always good to keep a few shares on the back burner and let them run.
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Re: Manitowoc Company (MTW) 11.81 +2.04 (+20.88%) had good earnings!
(Note: an idea from Richard at Speculating In Take Over Targets)
A small cap w/ only $343 million market cap; 12.6x Forward PE
Manitowoc Inc. is a leading provider of engineered lifting solutions, including lattice-boom cranes, tower cranes, mobile telescopic cranes and boom trucks. The company has 3 reportable units, the Americas segment, EURAF segment, and MEAP segment. The Americas operating segment includes N. America and S. America. The EURAF operating segment includes Europe and Africa. The MEAP operating segment includes Asia and Australia and the Middle East region. It designs, manufactures, markets, sells and supports one of the most comprehensive product lines of mobile telescopic cranes, tower cranes, lattice-boom crawler cranes and boom trucks. The company's crane products are principally marketed under the Manitowoc, Grove, Potain and National Crane brands. It supports customers like dealers, rental companies, contractors and government entities, across the petrochemical, industrial, commercial construction, power and utilities, infrastructure and residential construction end markets; with financing and leasing options.
The Manitowoc Company Reports Fourth-Quarter and Full-Year 2024 Financial Results; Provides Full-Year 2025 Guidance
Fourth-Quarter 2024 Highlights
- Net sales of $596.0 million
- Net income of $56.7 million; Adjusted EBITDA(1) of $34.9 million
- Net cash provided by operating activities of $110.8 million, free cash flows(1) of $99.5 million
Full-Year 2024 Highlights
- Net sales of $2,178.0 million
- Non-new machine sales of $629.1 million, an increase of $16.5 million year-over-year
- Net income of $55.8 million; Adjusted EBITDA(1) of $128.4 million
Still holding Buys from 2022; & 13 new buys through out 2024 & 2025 as I built a 0.06% portfolio position. SMA(200) weekly is $14.85/share and 10 year reversion to mean may/could be $30/share. MTW manufactures Cranes and construction equipment so if cyclical. They also have Foreign Divisions so may/could be impacted by tariffs. |
