NASDAQ:MNTX Manitex International (MNTX) Stock Forecast, Price & News $4.76 +0.03 (+0.63%) (As of 01:14 PM ET) Add Compare Share Share Today's Range$4.49▼$4.8750-Day Range$4.43▼$5.2652-Week Range$3.48▼$6.26Volume8,006 shsAverage Volume23,132 shsMarket Capitalization$96.39 millionP/E RatioN/ADividend YieldN/APrice Target$9.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Manitex International MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside100.4% Upside$9.00 Price TargetShort InterestHealthy0.05% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-13.89%From $0.36 to $0.31 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.1.90 out of 5 starsIndustrial Products Sector139th out of 177 stocksSpecial Industry Machinery, Not Elsewhere Classified Industry10th out of 14 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 100.4% from its current price of $4.49.Amount of Analyst CoverageManitex International has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.05% 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 month 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 2.7 News and Social Media Coverage News SentimentManitex International has a news sentiment score of 0.94. 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 is a higher news sentiment than the 0.61 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 1 news article for Manitex International this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for MNTX on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows1 people have added Manitex International to their MarketBeat watchlist in the last 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 0.0 Earnings and Valuation Earnings GrowthEarnings for Manitex International are expected to decrease by -13.89% in the coming year, from $0.36 to $0.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Manitex International is -49.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Manitex International is -49.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioManitex International has a P/B Ratio of 1.33. 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 (NASDAQ:MNTX) StockManitex 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MNTX Stock News HeadlinesOctober 1, 2023 | americanbankingnews.comManitex International (NASDAQ:MNTX) Coverage Initiated by Analysts at StockNews.comSeptember 15, 2023 | seekingalpha.comManitex International expects to post 2023 adjusted EBITDA between $27 - $29MOctober 4, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 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 ResultsOctober 4, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.July 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 CompletelyMarch 30, 2023 | finance.yahoo.comManitex International, Inc. (NASDAQ:MNTX) Is About To Turn The CornerMarch 11, 2023 | seekingalpha.comManitex International, Inc. (MNTX) Q4 2022 Earnings Call TranscriptMarch 10, 2023 | finance.yahoo.comManitex International, Inc. (NASDAQ:MNTX) Q4 2022 Earnings Call TranscriptMarch 10, 2023 | finance.yahoo.comManitex International Full Year 2022 Earnings: EPS Misses ExpectationsMarch 10, 2023 | finance.yahoo.comManitex International Announces Launch of the TC850 Series Truck-Mounted CraneMarch 10, 2023 | finance.yahoo.comManitex International Announces Launch of the ECSY-Electric Crane SystemMarch 9, 2023 | finance.yahoo.comQ4 2022 Manitex International Inc Earnings CallMarch 8, 2023 | finance.yahoo.comManitex International Reports Fourth Quarter and Full-Year 2022 ResultsSee 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 MNTX Company Calendar Last Earnings8/03/2023Today10/04/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get 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 Forecast$9.00 High Stock Price Forecast$10.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+90.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.09) Trailing P/E RatioN/A Forward P/E Ratio13.14 P/E GrowthN/ANet Income$-4,900,000.00 Net Margins-0.85% Pretax Margin0.02% Return on Equity8.57% Return on Assets2.38% Debt Debt-to-Equity Ratio1.00 Current Ratio1.49 Quick Ratio0.63 Sales & Book Value Annual Sales$273.85 million Price / Sales0.35 Cash Flow$0.73 per share Price / Cash Flow6.44 Book Value$3.38 per share Price / Book1.40Miscellaneous Outstanding Shares20,250,000Free Float18,984,000Market Cap$95.78 million OptionableOptionable Beta0.68 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. David J. Langevin CPA (Age 72)Exec. Chairman Comp: $459.5kMr. J. Michael Coffey (Age 52)CEO & Director Comp: $1.37MMr. Joseph R. Doolan CPA (Age 59)CFO, Sr. VP & Principal Accounting Officer Comp: $678.95kMr. Stoyan Filipov (Age 55)Special Advisor Comp: $444.27kMr. Scott RolstonSr. VP of Strategic PlanningMr. Richard MillsPres of Manitex North American ManufacturingGiovanni TacconiVP & Italian MDMr. Sherman Jung (Age 54)Sec. & Sr. VP of Financial Reporting More ExecutivesKey CompetitorsCVD EquipmentNASDAQ:CVVTPI CompositesNASDAQ:TPICAscent IndustriesNASDAQ:ACNTLakeland IndustriesNASDAQ:LAKEEasternNASDAQ:EMLView All CompetitorsInsiders & InstitutionsLegato Capital Management LLCBought 33,703 shares on 8/18/2023Ownership: 0.630%Cannell Capital LLCBought 2,429 shares on 8/15/2023Ownership: 2.163%Kennedy Capital Management LLCSold 6,229 shares on 8/15/2023Ownership: 1.524%Tower Research Capital LLC TRC Sold 4,515 shares on 8/14/2023Ownership: 0.060%Renaissance Technologies LLCSold 10,288 shares on 8/11/2023Ownership: 0.441%View All Insider TransactionsView All Institutional Transactions MNTX Stock - Frequently Asked Questions Should I buy or sell Manitex International stock right now? 2 Wall Street 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 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 brokerages have issued twelve-month target prices for Manitex International's stock. Their MNTX share price forecasts range from $8.00 to $10.00. On average, they predict the company's stock price to reach $9.00 in the next year. This suggests a possible upside of 90.3% 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 shares have increased by 18.3% and is now trading at $4.73. View the best growth stocks for 2023 here. 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) released its earnings results on Thursday, August, 3rd. The industrial products company reported $0.08 earnings per share for the quarter, beating analysts' consensus estimates 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 positive trailing twelve-month return on equity of 8.57% and a negative net margin of 0.85%. What guidance has Manitex International issued on next quarter's earnings? Manitex International issued an update on its FY 2023 earnings guidance on Thursday, September, 14th. The company provided EPS 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." 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 $4.73. How much money does Manitex International make? Manitex International (NASDAQ:MNTX) has a market capitalization of $95.78 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 10/4/2023 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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