Manitowoc (NYSE:MTW) Releases FY 2025 Earnings Guidance

Key Points

• Manitowoc has provided updated FY 2025 earnings guidance with an EPS estimate of 0.150-0.850, contrasting with the consensus estimate of 0.342, and revenue guidance ranging from $2.2 billion to $2.3 billion.
• Analysts have generally rated Manitowoc as a "Hold," with a consensus target price of $11.00, and recent price objectives being adjusted by various firms.
• The company reported a quarterly EPS of $0.08, missing expectations and showing a 4.0% decline in revenue year-over-year.

Manitowoc (NYSE:MTW - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.150-0.850 for the period, compared to the consensus estimate of 0.342. The company issued revenue guidance of $2.2 billion-$2.3 billion, compared to the consensus revenue estimate of $2.2 billion.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on MTW shares. UBS Group increased 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. Barclays increased their price objective on shares of Manitowoc from $9.00 to $11.00 and gave the company an "underweight" rating in a research report on Monday, July 21st. Finally, Robert W. Baird lowered their price objective on shares of Manitowoc from $11.00 to $10.00 and set a "neutral" rating on the stock in a research report on Monday. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. According to data from MarketBeat, Manitowoc presently has an average rating of "Hold" and a consensus target price of $11.00.

Manitowoc Stock Up 0.4%

MTW opened at $9.85 on Thursday. The company has a current ratio of 2.07, a quick ratio of 0.64 and a debt-to-equity ratio of 0.67. Manitowoc has a 1-year low of $7.06 and a 1-year high of $13.61. The company has a market capitalization of $349.28 million, a PE ratio of 7.88 and a beta of 2.07. The firm's 50 day simple moving average is $12.08 and its two-hundred day simple moving average is $10.41.

Manitowoc (NYSE:MTW - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The industrial products company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.12). The firm had revenue of $539.50 million during the quarter, compared to analysts' expectations of $580.18 million. Manitowoc had a negative return on equity of 0.33% and a net margin of 2.11%. The business's revenue for the quarter was down 4.0% on a year-over-year basis. During the same period last year, the company earned $0.25 earnings per share. As a group, equities analysts forecast that Manitowoc will post 0.5 EPS for the current year.

Institutional Trading of Manitowoc

Several institutional investors and hedge funds have recently modified their holdings of MTW. Caxton Associates LLP bought a new stake in shares of Manitowoc during the 1st quarter valued at $112,000. Walleye Capital LLC purchased a new position in Manitowoc during the second quarter valued at $466,000. Hsbc Holdings PLC grew its stake in Manitowoc by 22.7% during the second quarter. Hsbc Holdings PLC now owns 41,288 shares of the industrial products company's stock valued at $499,000 after acquiring an additional 7,649 shares in the last quarter. Empowered Funds LLC grew its stake in Manitowoc by 7.3% during the first quarter. Empowered Funds LLC now owns 190,140 shares of the industrial products company's stock valued at $1,633,000 after acquiring an additional 13,001 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Manitowoc by 26.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 273,121 shares of the industrial products company's stock worth $2,346,000 after buying an additional 56,336 shares during the last quarter. 78.66% of the stock is currently owned by institutional investors.

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.

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