Manitowoc (MTW) Projected to Post 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 announce its Q2 2025 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 announced its quarterly earnings data on Tuesday, May 6th. The industrial products company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.03). Manitowoc had a net margin of 2.09% and a return on equity of 0.63%. The business had revenue of $470.90 million during the quarter, compared to the consensus estimate of $479.39 million. During the same period last year, the company earned $0.14 EPS. The business's revenue was down 4.9% compared to the same quarter last year. On average, analysts expect Manitowoc to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Manitowoc Trading Down 5.4%

Shares of NYSE:MTW traded down $0.69 on Friday, hitting $12.06. 348,406 shares of the company's stock were exchanged, compared to its average volume of 268,881. The stock has a market capitalization of $427.41 million, a price-to-earnings ratio of 9.65 and a beta of 2.03. Manitowoc has a 12 month low of $7.06 and a 12 month high of $13.61. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.90 and a quick ratio of 0.64. The business's 50 day simple moving average is $11.95 and its two-hundred day simple moving average is $10.29.

Insider Activity at Manitowoc

In other news, CEO Aaron H. Ravenscroft purchased 3,000 shares of the business's 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 owned 690,142 shares in the company, valued at approximately $5,990,432.56. This represents a 0.44% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 2.52% of the company's stock.

Hedge Funds Weigh In On Manitowoc

Several institutional investors and hedge funds have recently added to or reduced their stakes in MTW. AQR Capital Management LLC grew its position in shares of 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 buying an additional 46,324 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Manitowoc by 26.0% in the first 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 in the last quarter. Empowered Funds LLC grew its holdings in Manitowoc by 7.3% in the first quarter. Empowered Funds LLC now owns 190,140 shares of the industrial products company's stock worth $1,633,000 after purchasing an additional 13,001 shares during the last quarter. Finally, Caxton Associates LLP acquired a new position in shares of Manitowoc during the first quarter worth $112,000. Hedge funds and other institutional investors own 78.66% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Barclays lifted their price objective on shares of Manitowoc from $9.00 to $11.00 and gave the company an "underweight" rating in a report on Monday, July 21st. UBS Group boosted their price objective on shares of 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 objective on shares of Manitowoc from $12.00 to $11.00 and set a "neutral" rating for the company in a research report on Thursday, May 8th. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the company's stock. According to data from MarketBeat, Manitowoc currently has an average rating of "Hold" and an average price target of $11.26.

About Manitowoc

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.