Manitex International Stock Forecast, Price & News

2 Wall Street equities 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 equities research analysts is that investors should "buy" Manitex International stock.
View analyst ratings for Manitex International or view top-rated stocks.

Wall Street analysts have given Manitex International a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Manitex International wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Manitex International saw a drop in short interest in the month of July. As of July 15th, there was short interest totaling 19,700 shares, a drop of 20.2% from the June 30th total of 24,700 shares. Based on an average daily trading volume, of 13,000 shares, the short-interest ratio is presently 1.5 days. Approximately 0.1% of the shares of the stock are short sold.
View Manitex International's Short Interest.

Manitex International is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Manitex International.

Manitex International will be holding an earnings conference call on Tuesday, August 3rd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13720662".

Manitex International, Inc. (NASDAQ:MNTX) announced its quarterly earnings data on Thursday, May, 6th. The industrial products company reported ($0.01) EPS for the quarter, hitting analysts' consensus estimates of ($0.01). The industrial products company earned $47.17 million during the quarter, compared to analysts' expectations of $45.30 million. Manitex International had a negative net margin of 4.16% and a negative trailing twelve-month return on equity of 5.94%.
View Manitex International's earnings history.

Manitex International's stock was trading at $5.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MNTX stock has increased by 47.0% and is now trading at $7.9066.
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2 brokers have issued 1-year target prices for Manitex International's stock. Their forecasts range from $10.00 to $10.00. On average, they anticipate Manitex International's share price to reach $10.00 in the next year. This suggests a possible upside of 26.5% from the stock's current price.
View analysts' price targets for Manitex International or view top-rated stocks among Wall Street analysts.

3 employees have rated Manitex International CEO David J. Langevin on Glassdoor.com. David J. Langevin has an approval rating of 62% among Manitex International's employees. This puts David J. Langevin in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Manitex International include Jaws Spitfire Acquisition (SPFR), Intevac (IVAC), Amtech Systems (ASYS), Greystone Logistics (GLGI), CVD Equipment (CVV), Trio-Tech International (TRT), Taronis Technologies (TRNX), Enviro Technologies U.S. (EVTN), Enviro Technologies (EVTND), Katy Industries (KATYQ), Amistar (AMTA) and Strasbaugh (STRB).
View all of MNTX's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Manitex International investors own include Turquoise Hill Resources (TRQ), Ampio Pharmaceuticals (AMPE), 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."

Manitex International's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wedbush Securities Inc. (0.50%). Company insiders that own Manitex International stock include Laura Ruoru Yu, Marvin B Rosenberg 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 Wedbush Securities Inc..
View insider buying and selling activity for Manitex International or view top insider-selling stocks.

Shares of MNTX 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.
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One share of MNTX stock can currently be purchased for approximately $7.91.

Manitex International has a market capitalization of $157.35 million and generates $167.50 million in revenue each year. The industrial products company earns $-13,610,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis.

Manitex International employs 470 workers across the globe.

The official website for Manitex International is www.manitexinternational.com.

Manitex International is headquartered at 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL, 60455.

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]