NASDAQ:MNTX Manitex International (MNTX) Stock Price, News & Analysis → America’s worst nightmare? (From Porter & Company) (Ad) Free MNTX Stock Alerts $6.96 +0.49 (+7.57%) (As of 05/13/2024 ET) Add Compare Share Share Today's Range$6.48▼$7.2250-Day Range$5.20▼$7.6052-Week Range$3.72▼$9.16Volume160,835 shsAverage Volume78,594 shsMarket Capitalization$141.71 millionP/E Ratio14.81Dividend YieldN/APrice Target$9.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Manitex International alerts: Email Address Manitex International MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside29.3% Upside$9.00 Price TargetShort InterestHealthy0.82% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.24Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth18.92%From $0.37 to $0.44 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.91 out of 5 starsIndustrial Products Sector175th out of 504 stocksSpecial Industry Machinery, Not Elsewhere Classified Industry16th out of 39 stocks 3.5 Analyst's Opinion Consensus RatingManitex International has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageManitex International has received no research coverage in the past 90 days.Read more about Manitex International's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.82% of the float of Manitex International has been sold short.Short Interest Ratio / Days to CoverManitex International has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Manitex International has recently decreased by 8.09%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldManitex International does not currently pay a dividend.Dividend GrowthManitex International does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MNTX. Previous Next 1.8 News and Social Media Coverage News SentimentManitex International has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Manitex International this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for MNTX on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Manitex International insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.26% of the stock of Manitex International is held by insiders.Percentage Held by Institutions46.01% of the stock of Manitex International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Manitex International's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Manitex International are expected to grow by 18.92% in the coming year, from $0.37 to $0.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Manitex International is 14.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.86.Price to Earnings Ratio vs. SectorThe P/E ratio of Manitex International is 14.81, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.00.Price to Book Value per Share RatioManitex International has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Manitex International's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyAmerica could fall from this eventAmerica’s “Internal Enemies” Exposed New documentary exposes a hidden election plan in Washington D.C. that, if successful, could be more financially and culturally devastating than the dot-com blowup of 2000, the 2008 financial crisis, or the COVID crash.Click here to see how you can protect yourself today. About Manitex International Stock (NASDAQ:MNTX)Manitex International, Inc. provides engineered lifting solutions in the United States, Italy, Canada, Chile, France, and internationally. The company designs, manufactures, and distributes products that are used in various industries. It also offers boom trucks, truck cranes, and sign cranes products primarily for use in industrial projects, energy exploration, and infrastructure development comprising roads, bridges, and commercial construction; and truck-mounted aerial platforms. In addition, the company manufactures and sells rough terrain cranes and material handling products; and truck mounted hydraulic knuckle boom cranes; and rents light and heavy-duty commercial construction equipments. It also sells its products through dealers and rental distribution channel. The company was formerly known as Veri-Tek International, Corp. and changed its name to Manitex International, Inc. in May 2008. Manitex International, Inc. was founded in 1993 and is headquartered in Bridgeview, Illinois.Read More MNTX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MNTX Stock News HeadlinesMay 14 at 3:18 AM | americanbankingnews.comManitex International (NASDAQ:MNTX) Shares Pass Above 200-Day Moving Average of $6.82May 6, 2024 | msn.comManitex International, Energy Services of America, Safe & Green among industrial moversMay 6, 2024 | americanbankingnews.comNorthland Capmk Analysts Cut Earnings Estimates for Manitex International, Inc. (NASDAQ:MNTX)May 5, 2024 | finance.yahoo.comManitex International, Inc. (NASDAQ:MNTX) Q1 2024 Earnings Call TranscriptMay 5, 2024 | finance.yahoo.comEarnings Beat: Manitex International, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsMay 3, 2024 | finance.yahoo.comManitex International Inc (MNTX) Q1 2024 Earnings Call Transcript Highlights: Strong Growth and ...May 3, 2024 | finance.yahoo.comQ1 2024 Manitex International Inc Earnings CallMay 2, 2024 | investorplace.comMNTX Stock Earnings: Manitex International Beats EPS, Beats Revenue for Q1 2024May 2, 2024 | finance.yahoo.comManitex International Inc (MNTX) Surpasses Analyst Revenue Forecasts in Q1 2024May 2, 2024 | businesswire.comManitex International Reports First Quarter 2024 ResultsApril 25, 2024 | businesswire.comManitex International Announces First Quarter 2024 Results Conference Call and Webcast DateApril 17, 2024 | finance.yahoo.comShould We Be Cautious About Manitex International, Inc.'s (NASDAQ:MNTX) ROE Of 9.9%?April 4, 2024 | businesswire.comManitex International Announces First Deliveries of New Articulated Truck Mounted Crane From PM GroupMarch 31, 2024 | finance.yahoo.comReturns On Capital Are Showing Encouraging Signs At Manitex International (NASDAQ:MNTX)March 11, 2024 | businesswire.comManitex International to Attend the 36th Annual Roth ConferenceMarch 3, 2024 | finance.yahoo.comManitex International, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextMarch 3, 2024 | finance.yahoo.comManitex International, Inc. (NASDAQ:MNTX) Q4 2023 Earnings Call TranscriptMarch 2, 2024 | seekingalpha.comManitex International, Inc. (MNTX) Q4 2023 Earnings Call TranscriptMarch 2, 2024 | finance.yahoo.comManitex International Full Year 2023 Earnings: Beats ExpectationsFebruary 29, 2024 | finance.yahoo.comManitex International Inc (MNTX) Reports Solid Q4 and Full-Year 2023 ResultsFebruary 29, 2024 | businesswire.comManitex International Reports Fourth Quarter and Full-Year 2023 ResultsFebruary 20, 2024 | finance.yahoo.comManitex International Announces Fourth Quarter and Full-Year 2023 Results Conference Call and Webcast DateFebruary 20, 2024 | businesswire.comManitex International Announces Fourth Quarter and Full-Year 2023 Results Conference Call and Webcast DateJanuary 24, 2024 | finance.yahoo.comManitex International Appoints Shinichi Iimura to Board of DirectorsJanuary 24, 2024 | finance.yahoo.comIs Manitex International, Inc. (NASDAQ:MNTX) Trading At A 49% Discount?See More Headlines Receive MNTX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Manitex International and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/29/2024Today5/14/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorIndustrial Products Industry Special industry machinery, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:MNTX CUSIPN/A CIK1302028 Webwww.manitexinternational.com Phone(708) 430-7500Fax708-430-1335Employees705Year Founded1993Price Target and Rating Average Stock Price Target$9.00 High Stock Price Target$10.00 Low Stock Price Target$8.00 Potential Upside/Downside+29.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.47 Trailing P/E Ratio14.81 Forward P/E Ratio18.81 P/E GrowthN/ANet Income$7.36 million Net Margins3.23% Pretax Margin2.75% Return on Equity18.93% Return on Assets5.67% Debt Debt-to-Equity Ratio0.84 Current Ratio1.57 Quick Ratio0.67 Sales & Book Value Annual Sales$296.86 million Price / Sales0.48 Cash Flow$1.27 per share Price / Cash Flow5.49 Book Value$3.93 per share Price / Book1.77Miscellaneous Outstanding Shares20,364,000Free Float19,089,000Market Cap$141.73 million OptionableOptionable Beta0.86 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. David J. Langevin CPA (Age 73)Executive Chairman Comp: $459.5kMr. J. Michael Coffey (Age 52)CEO & Director Comp: $1.37MMr. Joseph R. Doolan CPA (Age 60)CFO, Senior VP & Principal Accounting Officer Comp: $678.95kMr. Stoyan Filipov (Age 56)Special Advisor Comp: $444.27kMr. Scott RolstonSenior Vice President of Strategic PlanningMr. Richard MillsPresident of Manitex North American ManufacturingGiovanni TacconiVP & Italian MDMr. Alberto RanziDirector of Human Resources - European ManufacturingMr. Roberto ChiesaCFO - European ManufacturingSteve BernerVP & President of Rabern RentalsMore ExecutivesKey CompetitorsIntevacNASDAQ:IVACAmtech SystemsNASDAQ:ASYSVelo3DNYSE:VLDCVD EquipmentNASDAQ:CVVDesktop MetalNYSE:DMView All CompetitorsInstitutional OwnershipO Shaughnessy Asset Management LLCBought 5,853 shares on 5/13/2024Ownership: 0.170%Pacific Ridge Capital Partners LLCSold 46,764 shares on 5/9/2024Ownership: 4.491%Russell Investments Group Ltd.Bought 64,187 shares on 5/8/2024Ownership: 0.331%Essex Investment Management Co. LLCBought 4,666 shares on 5/3/2024Ownership: 1.512%Cutter & CO Brokerage Inc.Bought 18,719 shares on 4/30/2024Ownership: 0.092%View All Institutional Transactions MNTX Stock Analysis - Frequently Asked Questions Should I buy or sell Manitex International stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manitex International in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MNTX shares. View MNTX analyst ratings or view top-rated stocks. What is Manitex International's stock price target for 2024? 2 Wall Street research analysts have issued 12-month price objectives for Manitex International's shares. Their MNTX share price targets range from $8.00 to $10.00. On average, they anticipate the company's stock price to reach $9.00 in the next year. This suggests a possible upside of 29.3% from the stock's current price. View analysts price targets for MNTX or view top-rated stocks among Wall Street analysts. How have MNTX shares performed in 2024? Manitex International's stock was trading at $8.74 on January 1st, 2024. Since then, MNTX shares have decreased by 20.4% and is now trading at $6.96. View the best growth stocks for 2024 here. When is Manitex International's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our MNTX earnings forecast. How were Manitex International's earnings last quarter? Manitex International, Inc. (NASDAQ:MNTX) announced its quarterly earnings data on Thursday, February, 29th. The industrial products company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.19. The industrial products company had revenue of $78.65 million for the quarter, compared to the consensus estimate of $74.83 million. Manitex International had a net margin of 3.23% and a trailing twelve-month return on equity of 18.93%. What guidance has Manitex International issued on next quarter's earnings? Manitex International updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $300.0 million-$310.0 million, compared to the consensus revenue estimate of $305.6 million. What is David J. Langevin's approval rating as Manitex International's CEO? 3 employees have rated Manitex International Chief Executive Officer David J. Langevin on Glassdoor.com. David J. Langevin has an approval rating of 62% among the company's employees. This puts David J. Langevin in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Manitex International own? Based on aggregate information from My MarketBeat watchlists, some companies that other Manitex International investors own include Turquoise Hill Resources (TRQ), Trevena (TRVN), Universal Technical Institute (UTI), Advanced Micro Devices (AMD), Amyris (AMRS), Accuray (ARAY), Ardelyx (ARDX) and Anavex Life Sciences (AVXL). Who are Manitex International's major shareholders? Manitex International's stock is owned by many different institutional and retail investors. Top institutional investors include Pacific Ridge Capital Partners LLC (4.49%), Essex Investment Management Co. LLC (1.51%), Russell Investments Group Ltd. (0.33%), O Shaughnessy Asset Management LLC (0.17%) and Cutter & CO Brokerage Inc. (0.09%). Insiders that own company stock include David J Langevin, Joseph Doolan and Michael Coffey. View institutional ownership trends. How do I buy shares of Manitex International? Shares of MNTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:MNTX) was last updated on 5/14/2024 by MarketBeat.com Staff From Our PartnersGuard Against the Coming Financial UpheavalPorter & CompanyClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaElon’s New Device is About to Shock the WorldInvestorPlaceCharles Payne Demystifies OptionsUnstoppable ProsperityForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressGold ManiaStansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Manitex International, Inc. 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