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GE   112.97 (-1.64%)
DIS   82.73 (+0.21%)
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PYPL   58.62 (-3.68%)
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BABA   84.12 (-1.89%)
AMD   96.11 (-4.22%)
T   15.31 (-1.61%)
F   12.20 (-1.30%)
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NASDAQ:MNTX

Manitex International (MNTX) Stock Forecast, Price & News

$4.58
-0.01 (-0.22%)
(As of 09/21/2023 ET)
Compare
Today's Range
$4.57
$5.04
50-Day Range
$4.43
$5.37
52-Week Range
$3.48
$6.26
Volume
38,226 shs
Average Volume
23,687 shs
Market Capitalization
$92.75 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00

Manitex International MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
96.5% Upside
$9.00 Price Target
Short Interest
Healthy
0.05% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Manitex International in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-13.89%
From $0.36 to $0.31 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.65 out of 5 stars

Industrial Products Sector

110th out of 173 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

8th out of 14 stocks


MNTX stock logo

About Manitex International (NASDAQ:MNTX) Stock

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.

MNTX Price History

MNTX Stock News Headlines

Manitex International's (MNTX) Buy Rating Reaffirmed at Roth Mkm
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
8-K: Manitex International, Inc.
Q4 2022 Manitex International Inc Earnings Call
See More Headlines
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MNTX Company Calendar

Last Earnings
8/03/2023
Today
9/21/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:MNTX
Employees
601
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$9.00
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+98.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-4,900,000.00
Pretax Margin
0.02%

Debt

Sales & Book Value

Annual Sales
$273.85 million
Cash Flow
$0.71 per share
Book Value
$3.38 per share

Miscellaneous

Free Float
18,984,000
Market Cap
$91.94 million
Optionable
Optionable
Beta
0.70

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Key Executives

  • Mr. David J. Langevin CPA (Age 72)
    Exec. Chairman
    Comp: $459.5k
  • Mr. J. Michael Coffey (Age 52)
    CEO & Director
    Comp: $1.37M
  • Mr. Joseph R. Doolan CPA (Age 59)
    CFO, Sr. VP & Principal Accounting Officer
    Comp: $678.95k
  • Mr. Stoyan Filipov (Age 55)
    Special Advisor
    Comp: $444.27k
  • Mr. Scott Rolston
    Sr. VP of Strategic Planning
  • Mr. Richard Mills
    Pres of Manitex North American Manufacturing
  • Giovanni Tacconi
    VP & Italian MD
  • Mr. Sherman Jung (Age 54)
    Sec. & Sr. VP of Financial Reporting













MNTX Stock - 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 twelve months. 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 forecast for 2023?

2 brokers have issued 12-month price objectives for Manitex International's stock. Their MNTX share price forecasts range from $8.00 to $10.00. On average, they anticipate the company's stock price to reach $9.00 in the next twelve months. This suggests a possible upside of 98.2% 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 on January 1st, 2023. Since then, MNTX stock has increased by 13.5% and is now trading at $4.54.
View the best growth stocks for 2023 here
.

Are investors shorting Manitex International?

Manitex International saw a increase in short interest in August. As of August 31st, there was short interest totaling 7,300 shares, an increase of 25.9% from the August 15th total of 5,800 shares. Based on an average trading volume of 14,900 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% 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 Thursday, November 2nd 2023.
View our MNTX earnings forecast
.

How were Manitex International's earnings last quarter?

Manitex International, Inc. (NASDAQ:MNTX) posted its earnings results on Thursday, August, 3rd. The industrial products company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.06 by $0.02. The industrial products company had revenue of $73.53 million for the quarter, compared to analyst estimates of $71 million. Manitex International had a negative net margin of 0.85% and a positive trailing twelve-month return on equity of 8.57%.

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).

What is Manitex International's stock symbol?

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

Who are Manitex International's major shareholders?

Manitex International's stock is owned by many different institutional and retail investors. Top institutional shareholders include Royce & Associates LP (7.31%), WealthTrust Axiom LLC (4.95%), Cannell Capital LLC (2.16%), Dimensional Fund Advisors LP (1.85%), Kennedy Capital Management LLC (1.52%) and Legato Capital Management LLC (0.63%). 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.

What is Manitex International's stock price today?

One share of MNTX stock can currently be purchased for approximately $4.54.

How much money does Manitex International make?

Manitex International (NASDAQ:MNTX) has a market capitalization of $91.94 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 ($0.09) on an earnings per share basis.

How many employees does Manitex International have?

The company employs 601 workers across the globe.

How can I contact Manitex International?

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.

This page (NASDAQ:MNTX) was last updated on 9/21/2023 by MarketBeat.com Staff

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