Manitex International (MNTX) Stock Forecast, Price & News

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.

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.

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.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our MNTX earnings forecast.

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%.

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.

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), 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."

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 $4.73.

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.

The company employs 601 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.