NASDAQ:MNTXManitex International Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $4.01 -0.32 (-7.39 %) (As of 05/29/2020 09:17 AM ET) Add Compare Share Today's Range$4.01Now: $4.01▼$4.3150-Day Range$3.55MA: $4.14▼$4.6852-Week Range$2.76Now: $4.01▼$6.79Volume21,432 shsAverage Volume24,393 shsMarket Capitalization$79.24 millionP/E RatioN/ADividend YieldN/ABeta1.24 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Manitex International, Inc. provides engineered lifting solutions worldwide. The company designs, manufactures, and distributes products that are used in various industries. It also offers boom trucks and crane products primarily for use in industrial projects, energy exploration, and infrastructure development comprising roads, bridges, and commercial construction. In addition, the company manufactures rough terrain cranes and material handling products for construction, municipality, and railroad industries; and truck mounted hydraulic knuckle boom cranes. Further, it offers mobile tanks for petrochemical, waste management, and oil and gas drilling markets; and repair services, as well as supplies repair parts for various medium to heavy duty construction equipment; and rents equipment. The company operates under the Manitex, PM, Oil & Steel, Badger, Sabre, and Valla brands. 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 Beat the Market (BTM) Rank™ 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 $7.00, Manitex International has a potential upside of 74.6% from its current price of $4.01.Amount of Analyst CoverageManitex International has received no research coverage in the past 90 days. Previous Next 2.8 Community Rank Outperform VotesManitex International has received 301 “outperform” votes. (Add your “outperform” vote.)Underperform VotesManitex International has received 246 “underperform” votes. (Add your “underperform” vote.)Community SentimentManitex International has received 55.03% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Manitex International and other stocks. Vote “Outperform” if you believe MNTX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MNTX will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Manitex International insiders have bought more of their company's stock than they have sold. Specifically, they have bought $102,910.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 6.67% of the stock of Manitex International is held by insiders.Percentage Held by Institutions50.93% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Manitex International are expected to grow by 5,000.00% in the coming year, from $0.01 to $0.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Manitex International is -4.66, 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 -4.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioManitex International has a PEG Ratio of 43.30. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioManitex International has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.44 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Special industry machinery, not elsewhere classified Sub-IndustryN/A SectorIndustrial Products Current SymbolNASDAQ:MNTX Previous Symbol CUSIPN/A CIK1302028 Webwww.manitexinternational.com Phone708-430-7500Debt Debt-to-Equity Ratio0.43 Current Ratio1.55 Quick Ratio0.79Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio401.00 P/E Growth43.3 Sales & Book Value Annual Sales$224.78 million Price / Sales0.35 Cash Flow$0.54 per share Price / Cash Flow7.39 Book Value$3.63 per share Price / Book1.10Profitability EPS (Most Recent Fiscal Year)$0.15 Net Income$-8,490,000.00 Net Margins-7.81% Return on Equity4.30% Return on Assets1.69%Miscellaneous Employees619 Outstanding Shares19,760,000Market Cap$79.24 million Next Earnings Date8/13/2020 (Estimated) OptionableOptionable NASDAQ:MNTX Rates by TradingView Receive MNTX News and Ratings via Email Sign-up to receive the latest news and ratings for MNTX and its competitors with MarketBeat's FREE daily newsletter. Manitex International (NASDAQ:MNTX) Frequently Asked Questions How has Manitex International's stock been impacted by COVID-19 (Coronavirus)? Manitex International's stock was trading at $5.38 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MNTX shares have decreased by 25.5% and is now trading at $4.01. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Manitex International? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manitex International in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Manitex International. When is Manitex International's next earnings date? Manitex International is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Manitex International. How were Manitex International's earnings last quarter? Manitex International Inc (NASDAQ:MNTX) posted its quarterly earnings results on Thursday, May, 7th. The industrial products company reported $0.08 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.10. The industrial products company earned $48.73 million during the quarter. Manitex International had a positive return on equity of 4.30% and a negative net margin of 7.81%. View Manitex International's earnings history. What price target have analysts set for MNTX? 2 equities research analysts have issued 12 month price targets for Manitex International's shares. Their forecasts range from $7.00 to $7.00. On average, they anticipate Manitex International's share price to reach $7.00 in the next year. This suggests a possible upside of 74.6% from the stock's current price. View analysts' price targets for Manitex International. Has Manitex International been receiving favorable news coverage? Media coverage about MNTX stock has been trending extremely negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Manitex International earned a news impact score of -4.8 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutManitex International. Who are some of Manitex International's key competitors? Some companies that are related to Manitex International include Intevac (IVAC), Amtech Systems (ASYS), Taronis Technologies (TRNX), CVD Equipment (CVV), Enviro Technologies (EVTN) and Greystone Logistics (GLGI). View all competitors. 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 BioDelivery Sciences International (BDSI), Chesapeake Energy (CHK), Enterprise Products Partners (EPD), Gilead Sciences (GILD), Gold Standard Ventures (GSV), Gold Standard Ventures (GSV), Methanex (MEOH), Altria Group (MO), NovaBay Pharmaceuticals (NBY) and NovaBay Pharmaceuticals (NBY). Who are Manitex International's key executives? Manitex International's management team includes the following people: Mr. David J. Langevin, Chairman & CEO (Age 68)Mr. Steve Kiefer, Pres & COO (Age 52)Mr. David H. Gransee, Sr. VP (Age 67)Ms. Laura R. Yu, Sr. VP & CFO (Age 48)Mr. Scott Rolston, Sr. VP of Strategic Planning 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 retail and institutional investors. Top institutional shareholders include First Wilshire Securities Management Inc. (5.19%), WealthTrust Axiom LLC (4.76%), Morgan Stanley (2.15%), Shufro Rose & Co. LLC (1.31%), Wedbush Securities Inc. (1.14%) and Essex Investment Management Co. LLC (1.08%). Company insiders that own Manitex International stock include Laura Ruoru Yu, Marvin B Rosenberg, Robert S Gigliotti and Steve Filipov. View institutional ownership trends for Manitex International. Which major investors are selling Manitex International stock? MNTX stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Adirondack Research & Management Inc., WealthTrust Axiom LLC, Essex Investment Management Co. LLC, Shufro Rose & Co. LLC, and BlackRock Inc.. View insider buying and selling activity for Manitex International. Which major investors are buying Manitex International stock? MNTX stock was acquired by a variety of institutional investors in the last quarter, including First Wilshire Securities Management Inc., Wedbush Securities Inc., Ironwood Investment Management LLC, and Wells Fargo & Company MN. Company insiders that have bought Manitex International stock in the last two years include Laura Ruoru Yu, Marvin B Rosenberg, and Steve Filipov. View insider buying and selling activity for Manitex International. How do I buy shares of Manitex International? Shares of MNTX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Manitex International's stock price today? One share of MNTX stock can currently be purchased for approximately $4.01. How big of a company is Manitex International? Manitex International has a market capitalization of $79.24 million and generates $224.78 million in revenue each year. The industrial products company earns $-8,490,000.00 in net income (profit) each year or $0.15 on an earnings per share basis. Manitex International employs 619 workers across the globe. What is Manitex International's official website? The official website for Manitex International is www.manitexinternational.com. How can I contact Manitex International? Manitex International's mailing address is 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL, 60455. The industrial products company can be reached via phone at 708-430-7500 or via email at [email protected] This page was last updated on 5/29/2020 by MarketBeat.com Staff
