Manitex International (MNTX) Stock Forecast, Price & News

Manitex International's stock was trading at $4.00 at the beginning of the year. Since then, MNTX shares have increased by 21.3% and is now trading at $4.85.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our MNTX earnings forecast.

Manitex International, Inc. (NASDAQ:MNTX) posted its quarterly earnings data on Wednesday, March, 8th. The industrial products company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.03. The industrial products company had revenue of $78.82 million for the quarter, compared to the consensus estimate of $78.80 million. Manitex International had a positive trailing twelve-month return on equity of 7.70% and a negative net margin of 1.81%.

Manitex International issued an update on its FY 2025 earnings guidance on Wednesday, March, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $325.00 million-$360.00 million.

3 employees have rated Manitex International Chief Executive Officer David J. Langevin on Glassdoor.com. David J. Langevin has an approval rating of 62% among the company's employees. This puts David J. Langevin in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Manitex International investors own include Turquoise Hill Resources (TRQ), Ampio Pharmaceuticals (AMPE), Gold Resource (GORO), Trevena (TRVN), Universal Technical Institute (UTI), Advanced Micro Devices (AMD), Amyris (AMRS), Accuray (ARAY), Ardelyx (ARDX) and Anavex Life Sciences (AVXL).

Manitex International trades on the NASDAQ under the ticker symbol "MNTX."

Manitex International's stock is owned by a variety of retail and institutional investors. Top institutional investors include Royce & Associates LP (7.27%), WealthTrust Axiom LLC (4.94%), First Wilshire Securities Management Inc. (4.74%), Ameriprise Financial Inc. (4.62%), Cannell Capital LLC (2.16%) and Dimensional Fund Advisors LP (2.02%). Insiders that own company stock include David J Langevin, Joseph Doolan, Michael Coffey and Steve Filipov.
View institutional ownership trends.

Shares of MNTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of MNTX stock can currently be purchased for approximately $4.85.

Manitex International (NASDAQ:MNTX) has a market capitalization of $97.92 million and generates $273.85 million in revenue each year. The industrial products company earns $-4,900,000.00 in net income (profit) each year or ($0.21) on an earnings per share basis.

The company employs 514 workers across the globe.

Manitex International's mailing address is 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL, 60455. The official website for the company is www.manitexinternational.com. The industrial products company can be reached via phone at (708) 430-7500, via email at djlangevin@manitexinternational.com, or via fax at 708-430-1335.