Manitowoc (NYSE:MTW) Releases FY 2026 Earnings Guidance

Key Points

• Manitowoc issued FY 2026 guidance of $0.80–$1.20 in EPS and $2.3–$2.4 billion in revenue, above analyst consensus estimates of $0.59 EPS and $2.2 billion in revenue.
• The company recently reported quarterly EPS of $0.46, beating expectations of $0.11 by $0.35. Shares rose 0.1% to $14.26, with the stock trading near its 52-week high of $15.56.
• Analyst sentiment remains negative: Manitowoc has an average “Strong Sell” rating, with three Sell ratings and one Hold rating, and an average price target of $10.33 versus the current share price.

Manitowoc (NYSE:MTW - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.800-1.200 for the period, compared to the consensus EPS estimate of 0.590. The company issued revenue guidance of $2.3 billion-$2.4 billion, compared to the consensus revenue estimate of $2.2 billion.

Manitowoc Trading Up 0.1%

Shares of NYSE:MTW traded up $0.01 on Thursday, reaching $14.26. 277,831 shares of the company traded hands, compared to its average volume of 256,853. The stock has a market capitalization of $512.18 million, a P/E ratio of 71.32 and a beta of 1.72. The business's 50-day simple moving average is $13.06 and its 200 day simple moving average is $13.08. The company has a current ratio of 2.10, a quick ratio of 0.72 and a debt-to-equity ratio of 0.64. Manitowoc has a 52 week low of $9.09 and a 52 week high of $15.56.

Manitowoc (NYSE:MTW - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The industrial products company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.35. Manitowoc had a return on equity of 1.85% and a net margin of 0.33%.Manitowoc has set its FY 2026 guidance at 0.800-1.200 EPS. As a group, equities analysts anticipate that Manitowoc will post 0.68 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on MTW shares. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Manitowoc in a research note on Wednesday, May 20th. Wall Street Zen downgraded Manitowoc from a "buy" rating to a "hold" rating in a report on Saturday, May 9th. One analyst has rated the stock with a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Strong Sell" and an average target price of $10.33.

Insider Buying and Selling at Manitowoc

In related news, Director Kenneth W. Krueger sold 9,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $11.80, for a total transaction of $106,200.00. Following the completion of the transaction, the director owned 162,672 shares of the company's stock, valued at $1,919,529.60. This trade represents a 5.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.96% of the stock is owned by insiders.

Hedge Funds Weigh In On Manitowoc

A number of hedge funds have recently bought and sold shares of the company. Squarepoint Ops LLC grew its holdings in shares of Manitowoc by 51.2% during the fourth quarter. Squarepoint Ops LLC now owns 20,919 shares of the industrial products company's stock valued at $251,000 after buying an additional 7,085 shares during the last quarter. MetLife Investment Management LLC increased its holdings in shares of Manitowoc by 32.6% in the 4th quarter. MetLife Investment Management LLC now owns 19,472 shares of the industrial products company's stock worth $233,000 after purchasing an additional 4,786 shares in the last quarter. State Board of Administration of Florida Retirement System bought a new stake in shares of Manitowoc in the 4th quarter worth $160,000. Franklin Resources Inc. raised its stake in shares of Manitowoc by 3.1% in the fourth quarter. Franklin Resources Inc. now owns 23,090 shares of the industrial products company's stock worth $277,000 after purchasing an additional 696 shares during the last quarter. Finally, Numerai GP LLC bought a new position in shares of Manitowoc during the third quarter valued at $182,000. Institutional investors own 78.66% of the company's stock.

About Manitowoc

The Manitowoc Company, Inc NYSE: MTW is a global manufacturer of heavy-lift cranes and lifting equipment. The company's product portfolio includes tower cranes marketed under the Potain brand, mobile hydraulic cranes sold under the Grove, Manitowoc and National Crane names, and engineered lifting solutions such as mast climbers and platform hoists. Manitowoc serves a wide range of industries, including construction, infrastructure, energy and industrial markets.

Headquartered in Milwaukee, Wisconsin, Manitowoc operates manufacturing facilities, sales offices and rental centers across North America, Europe, Asia, Latin America and the Middle East.

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