NASDAQ:MNTX - Manitex International Stock Price, Forecast & News

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

Manitex International Inc (NASDAQ:MNTX) released its quarterly earnings results on Thursday, August, 8th. The industrial products company reported $0.06 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.06. The industrial products company had revenue of $60.97 million for the quarter. Manitex International had a negative net margin of 8.03% and a positive return on equity of 3.98%. View Manitex International's Earnings History.

Manitex International is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for Manitex International.

2 equities research analysts have issued 1 year price targets for Manitex International's stock. 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 twelve months. This suggests a possible upside of 19.7% from the stock's current price. View Analyst Price Targets for 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.

News articles about MNTX stock have trended extremely negative recently, InfoTrie reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Manitex International earned a coverage optimism score of -4.2 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Manitex International.

Manitex International saw a increase in short interest in January. As of January 31st, there was short interest totalling 254,100 shares, an increase of 12.9% from the January 15th total of 225,000 shares. Based on an average daily volume of 37,100 shares, the days-to-cover ratio is currently 6.8 days. Currently, 1.8% of the company's stock are sold short. View Manitex International's Current Options Chain.

Some companies that are related to Manitex International include Intevac (IVAC), Amtech Systems (ASYS), CVD Equipment (CVV), Taronis Technologies (TRNX), Enviro Technologies (EVTN) and Greystone Logistics (GLGI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Manitex International investors own include Gilead Sciences (GILD), Methanex (MEOH), Chesapeake Energy (CHK), Enterprise Products Partners (EPD), Altria Group (MO), Turquoise Hill Resources (TRQ), NovaBay Pharmaceuticals (NBY), Adamis Pharmaceuticals (ADMP), Agenus (AGEN) and Amyris (AMRS).

Manitex International's stock is owned by many different of retail and institutional investors. Top institutional shareholders include WealthTrust Axiom LLC (4.96%), Pacific Ridge Capital Partners LLC (4.76%), First Wilshire Securities Management Inc. (4.74%), Rutabaga Capital Management LLC MA (4.72%), Royce & Associates LP (2.65%) and Shufro Rose & Co. LLC (1.35%). Company insiders that own Manitex International stock include Laura Ruoru Yu, Robert S Gigliotti and Steve Filipov. View Institutional Ownership Trends for Manitex International.

MNTX stock was sold by a variety of institutional investors in the last quarter, including Shufro Rose & Co. LLC, Oxford Asset Management LLP and Cutter & CO Brokerage Inc.. View Insider Buying and Selling for Manitex International.

MNTX stock was purchased by a variety of institutional investors in the last quarter, including Royce & Associates LP, Rutabaga Capital Management LLC MA, Pacific Ridge Capital Partners LLC, Wedbush Securities Inc., Adirondack Research & Management Inc., Cannell Capital LLC, Heartland Advisors Inc. and First Wilshire Securities Management Inc.. Company insiders that have bought Manitex International stock in the last two years include Laura Ruoru Yu and Steve Filipov. View Insider Buying and Selling for 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.

One share of MNTX stock can currently be purchased for approximately $5.85.

Manitex International has a market capitalization of $115.19 million and generates $242.11 million in revenue each year. The industrial products company earns $-13,180,000.00 in net income (profit) each year or $0.33 on an earnings per share basis. Manitex International employs 619 workers across the globe.View Additional Information About Manitex International.

The official website for Manitex International is http://www.manitexinternational.com/.

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]