Manitowoc (MTW) to Release Quarterly Earnings on Thursday

Key Points

• Manitowoc (MTW) is set to release its Q2 2025 earnings on August 7th, with projections of $0.20 earnings per share and revenue of $580.18 million.
• The company reported a loss of ($0.16) EPS in its last earnings release and a revenue of $470.90 million, which was below analysts' expectations.
• Manitowoc's stock is currently rated as "Hold," with recent price targets being adjusted to $11.00 by several analysts.

Manitowoc (NYSE:MTW - Get Free Report) is projected to post its Q2 2025 quarterly earnings results after the market closes on Thursday, August 7th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $580.18 million for the quarter. Manitowoc has set its FY 2025 guidance at 0.150-0.850 EPS.

Manitowoc (NYSE:MTW - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The industrial products company reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.03). The firm had revenue of $470.90 million during the quarter, compared to the consensus estimate of $479.39 million. Manitowoc had a net margin of 2.09% and a return on equity of 0.63%. The firm's quarterly revenue was down 4.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.14 earnings per share. On average, analysts expect Manitowoc to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Manitowoc Stock Down 5.4%

Shares of NYSE MTW traded down $0.69 during trading hours on Friday, hitting $12.06. 348,406 shares of the stock were exchanged, compared to its average volume of 231,949. Manitowoc has a 12 month low of $7.06 and a 12 month high of $13.61. The firm has a fifty day moving average price of $11.98 and a 200-day moving average price of $10.32. The company has a quick ratio of 0.64, a current ratio of 1.90 and a debt-to-equity ratio of 0.59. The company has a market cap of $427.41 million, a PE ratio of 9.65 and a beta of 2.07.

Analysts Set New Price Targets

MTW has been the topic of several research analyst reports. Barclays boosted their target price on shares of Manitowoc from $9.00 to $11.00 and gave the stock an "underweight" rating in a research report on Monday, July 21st. UBS Group upped their target price on Manitowoc from $9.00 to $11.00 and gave the company a "neutral" rating in a research report on Friday, May 16th. Finally, Robert W. Baird lowered their price target on Manitowoc from $12.00 to $11.00 and set a "neutral" rating for the company in a research report on Thursday, May 8th. Two analysts have rated the stock with a sell rating and four have given a hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $11.26.

Insiders Place Their Bets

In related news, CEO Aaron H. Ravenscroft bought 3,000 shares of the stock in a transaction dated Wednesday, May 7th. The shares were purchased at an average price of $8.68 per share, for a total transaction of $26,040.00. Following the completion of the purchase, the chief executive officer directly owned 690,142 shares of the company's stock, valued at $5,990,432.56. This represents a 0.44% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.52% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of MTW. Caxton Associates LLP acquired a new stake in Manitowoc during the 1st quarter worth $112,000. Empowered Funds LLC boosted its position in Manitowoc by 7.3% during the first quarter. Empowered Funds LLC now owns 190,140 shares of the industrial products company's stock worth $1,633,000 after acquiring an additional 13,001 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Manitowoc by 26.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 273,121 shares of the industrial products company's stock valued at $2,346,000 after acquiring an additional 56,336 shares during the last quarter. Finally, AQR Capital Management LLC lifted its stake in Manitowoc by 19.0% in the 1st quarter. AQR Capital Management LLC now owns 290,452 shares of the industrial products company's stock worth $2,495,000 after purchasing an additional 46,324 shares in the last quarter. Institutional investors and hedge funds own 78.66% of the company's stock.

Manitowoc Company Profile

The Manitowoc Company, Inc provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East, the Asia Pacific, and internationally. It designs, manufactures, and distributes crawler-mounted lattice-boom cranes under the Manitowoc brand; a line of top-slewing and self-erecting tower cranes under the Potain brand; mobile hydraulic cranes under the Grove, Shuttlelift, and National Crane brands; and hydraulic boom trucks under the National Crane brand.