Manitex International Stock Price, News & Analysis (NASDAQ:MNTX) $7.19 -0.23 (-3.10%) (As of 05:17 PM ET) Add Compare Share Share Today's Range$7.10▼$7.4550-Day Range$3.86▼$7.5552-Week Range$3.48▼$7.68Volume73,139 shsAverage Volume37,657 shsMarket Capitalization$145.61 millionP/E Ratio51.36Dividend YieldN/APrice Target$9.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Manitex International MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside25.2% Upside$9.00 Price TargetShort InterestHealthy0.21% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-4.65%From $0.43 to $0.41 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.02 out of 5 starsIndustrial Products Sector125th out of 141 stocksSpecial Industry Machinery, Not Elsewhere Classified Industry11th out of 13 stocks 3.5 Analyst's Opinion Consensus RatingManitex International has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.00, Manitex International has a forecasted upside of 25.2% from its current price of $7.19.Amount of Analyst CoverageManitex International has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.21% of the float of Manitex International has been sold short.Short Interest Ratio / Days to CoverManitex International has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Manitex International has recently increased by 195.96%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldManitex International does not currently pay a dividend.Dividend GrowthManitex International does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MNTX. Previous Next 2.6 News and Social Media Coverage News SentimentManitex International has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 1 news article for Manitex International this week, compared to 0 articles on an average week.Search InterestOnly 6 people have searched for MNTX on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat Follows6 people have added Manitex International to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Manitex International insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.26% of the stock of Manitex International is held by insiders.Percentage Held by Institutions43.38% of the stock of Manitex International is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Manitex International are expected to decrease by -4.65% in the coming year, from $0.43 to $0.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Manitex International is 51.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Manitex International is 51.36, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 22.49.Price to Book Value per Share RatioManitex International has a P/B Ratio of 2.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Manitex International Stock (NASDAQ:MNTX)Manitex International, Inc. provides engineered lifting solutions in the United States, Italy, Canada, France, Chile, 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. In addition, the company manufactures and sells rough terrain cranes and material handling products; and truck mounted hydraulic knuckle boom cranes. It also sells its products through dealers and rental distribution channel. The company was formerly known as Veri-Tek International, Corp. and changed its name to Manitex International, Inc. in May 2008. Manitex International, Inc. was founded in 1993 and is headquartered in Bridgeview, Illinois.Read More MNTX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MNTX Stock News HeadlinesDecember 6, 2023 | americanbankingnews.comManitex International (NASDAQ:MNTX) Shares Cross Above Two Hundred Day Moving Average of $5.02November 30, 2023 | finance.yahoo.comThose who invested in Manitex International (NASDAQ:MNTX) three years ago are up 42%December 8, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 28, 2023 | americanbankingnews.comManitex International (NASDAQ:MNTX) Share Price Crosses Above Two Hundred Day Moving Average of $4.93November 8, 2023 | finance.yahoo.comShould You Be Concerned About Manitex International, Inc.'s (NASDAQ:MNTX) ROE?November 5, 2023 | finance.yahoo.comManitex International, Inc. (NASDAQ:MNTX) Q3 2023 Earnings Call TranscriptNovember 3, 2023 | finance.yahoo.comQ3 2023 Manitex International Inc Earnings CallNovember 2, 2023 | finance.yahoo.comManitex International Reports Third Quarter 2023 ResultsDecember 8, 2023 | Edge On The Street (Ad)Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.November 2, 2023 | finance.yahoo.comManitex International Inc (MNTX) Reports 9.7% Increase in Q3 2023 Net RevenueOctober 25, 2023 | finance.yahoo.comManitex International Announces Third Quarter 2023 Results Conference Call and Webcast DateSeptember 15, 2023 | seekingalpha.comManitex International expects to post 2023 adjusted EBITDA between $27 - $29MSeptember 14, 2023 | finance.yahoo.comManitex International Provides Business Update, Introduces Full-year 2023 GuidanceSeptember 11, 2023 | finance.yahoo.comManitex International Announces September 2023 Investor Conference ScheduleAugust 15, 2023 | finance.yahoo.comCalculating The Fair Value Of Manitex International, Inc. (NASDAQ:MNTX)August 5, 2023 | finance.yahoo.comManitex International, Inc. (NASDAQ:MNTX) Q2 2023 Earnings Call TranscriptAugust 3, 2023 | finance.yahoo.comManitex International Reports Second Quarter 2023 ResultsJuly 25, 2023 | finance.yahoo.comManitex International Announces Second Quarter 2023 Results Conference Call and Webcast DateJuly 17, 2023 | finance.yahoo.comInstitutional investors own a significant stake of 45% in Manitex International, Inc. (NASDAQ:MNTX)July 5, 2023 | msn.comManitex International: Reweighting To Higher-Margin ExposureMay 15, 2023 | finance.yahoo.comWe Like These Underlying Return On Capital Trends At Manitex International (NASDAQ:MNTX)May 12, 2023 | marketwatch.com8-K: Manitex International, Inc.May 4, 2023 | msn.comRecap: Manitex International Q1 EarningsMay 4, 2023 | finance.yahoo.comManitex International Reports First Quarter 2023 ResultsMay 1, 2023 | finance.yahoo.comManitex International to Participate in the Sidoti Micro-Cap Virtual ConferenceMay 1, 2023 | finance.yahoo.comManitex International Announces First Quarter 2023 Results Conference Call and Webcast DateApril 18, 2023 | finance.yahoo.comCautious Investors Not Rewarding Manitex International, Inc.'s (NASDAQ:MNTX) Performance CompletelySee More Headlines Receive MNTX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Manitex International and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/02/2023Today12/08/2023Fiscal Year End12/31/2023Next Earnings (Estimated)3/13/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Special industry machinery, not elsewhere classified Sub-IndustryN/A SectorIndustrial Products Current SymbolNASDAQ:MNTX CUSIPN/A CIK1302028 Webwww.manitexinternational.com Phone(708) 430-7500Fax708-430-1335Employees601Year Founded1993Price Target and Rating Average Stock Price Target$9.00 High Stock Price Target$10.00 Low Stock Price Target$8.00 Potential Upside/Downside+21.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.14 Trailing P/E Ratio53.00 Forward P/E Ratio17.26 P/E GrowthN/ANet Income$-4,900,000.00 Net Margins0.91% Pretax Margin1.91% Return on Equity11.50% Return on Assets3.26% Debt Debt-to-Equity Ratio1.01 Current Ratio1.60 Quick Ratio0.63 Sales & Book Value Annual Sales$291.56 million Price / Sales0.52 Cash Flow$0.78 per share Price / Cash Flow9.51 Book Value$3.38 per share Price / Book2.20Miscellaneous Outstanding Shares20,252,000Free Float18,984,000Market Cap$150.27 million OptionableOptionable Beta0.94 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. David J. Langevin CPA (Age 72)Executive Chairman Comp: $459.5kMr. J. Michael Coffey (Age 52)CEO & Director Comp: $1.37MMr. Joseph R. Doolan CPA (Age 59)CFO, Senior VP & Principal Accounting Officer Comp: $678.95kMr. Stoyan Filipov (Age 55)Special Advisor Comp: $444.27kMr. Scott RolstonSenior Vice President of Strategic PlanningMr. Richard MillsPresident of Manitex North American ManufacturingGiovanni TacconiVP & Italian MDMr. Sherman Jung (Age 54)Secretary & Senior VP of Financial Reporting Comp: $295.38kMore ExecutivesKey CompetitorsVelo3DNYSE:VLDIntevacNASDAQ:IVACAmtech SystemsNASDAQ:ASYSDesktop MetalNYSE:DMEos Energy EnterprisesNASDAQ:EOSEView All CompetitorsInsiders & InstitutionsIronwood Investment Management LLCSold 2,604 shares on 11/16/2023Ownership: 0.445%Ameriprise Financial Inc.Bought 4,307 shares on 11/15/2023Ownership: 4.432%Kennedy Capital Management LLCBought 7,123 shares on 11/15/2023Ownership: 1.559%First Wilshire Securities Management Inc.Sold 25,871 shares on 11/14/2023Ownership: 5.113%Pacific Ridge Capital Partners LLCSold 26,792 shares on 11/13/2023Ownership: 4.808%View All Insider TransactionsView All Institutional Transactions MNTX Stock Analysis - Frequently Asked Questions Should I buy or sell Manitex International stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Manitex International in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MNTX shares. View MNTX analyst ratings or view top-rated stocks. What is Manitex International's stock price target for 2024? 2 analysts have issued 12-month price targets for Manitex International's stock. Their MNTX share price targets range from $8.00 to $10.00. On average, they anticipate the company's share price to reach $9.00 in the next twelve months. This suggests a possible upside of 25.2% from the stock's current price. View analysts price targets for MNTX or view top-rated stocks among Wall Street analysts. How have MNTX shares performed in 2023? Manitex International's stock was trading at $4.00 at the beginning of 2023. Since then, MNTX stock has increased by 79.8% and is now trading at $7.19. View the best growth stocks for 2023 here. Are investors shorting Manitex International? Manitex International saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 29,300 shares, an increase of 196.0% from the October 31st total of 9,900 shares. Based on an average trading volume of 59,400 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company's stock are sold short. View Manitex International's Short Interest. When is Manitex International's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 13th 2024. View our MNTX earnings forecast. How were Manitex International's earnings last quarter? Manitex International, Inc. (NASDAQ:MNTX) released its quarterly earnings results on Thursday, November, 2nd. The industrial products company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.09. The industrial products company had revenue of $71.33 million for the quarter, compared to analysts' expectations of $67.48 million. Manitex International had a trailing twelve-month return on equity of 11.50% and a net margin of 0.91%. What guidance has Manitex International issued on next quarter's earnings? Manitex International updated its FY 2023 earnings guidance on Thursday, September, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $282.00 million-$287.00 million, compared to the consensus revenue estimate of $281.24 million. What is David J. Langevin's approval rating as Manitex International's CEO? 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. What other stocks do shareholders of Manitex International own? Based on aggregate information from My MarketBeat watchlists, some companies that other Manitex International investors own include Turquoise Hill Resources (TRQ), Gold Resource (GORO), Trevena (TRVN), Universal Technical Institute (UTI), Advanced Micro Devices (AMD), Amyris (AMRS), Accuray (ARAY), Ardelyx (ARDX) and Anavex Life Sciences (AVXL). Who are Manitex International's major shareholders? Manitex International's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include First Wilshire Securities Management Inc. (5.11%), WealthTrust Axiom LLC (4.88%), Pacific Ridge Capital Partners LLC (4.81%), Ameriprise Financial Inc. (4.43%), Essex Investment Management Co. LLC (1.60%) and Kennedy Capital Management LLC (1.56%). Insiders that own company stock include David J Langevin, Joseph Doolan and Michael Coffey. View institutional ownership trends. How do I buy shares of Manitex International? 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. This page (NASDAQ:MNTX) was last updated on 12/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Manitex International, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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