Manitex International (MNTX) to Release Quarterly Earnings on Thursday

Manitex International (NASDAQ:MNTX - Get Free Report) will be announcing its earnings results before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.05 per share for the quarter. Manitex International has set its FY 2024 guidance at EPS.Parties interested in participating in the company's conference call can do so using this link.

Manitex International (NASDAQ:MNTX - Get Free Report) last announced its earnings results on Thursday, February 29th. The industrial products company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.19. The business had revenue of $78.65 million during the quarter, compared to the consensus estimate of $74.83 million. Manitex International had a net margin of 2.52% and a return on equity of 16.98%. On average, analysts expect Manitex International to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Manitex International Stock Down 1.8 %

Manitex International stock traded down $0.10 during trading hours on Friday, reaching $5.45. The stock had a trading volume of 42,778 shares, compared to its average volume of 62,871. The company has a market cap of $110.47 million, a price-to-earnings ratio of 15.14 and a beta of 0.79. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.57 and a quick ratio of 0.68. The business's 50 day moving average price is $6.39 and its 200-day moving average price is $6.67. Manitex International has a 52 week low of $3.72 and a 52 week high of $9.16.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Manitex International from a "hold" rating to a "buy" rating in a report on Saturday, March 9th.

Manitex International Company Profile

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.