Manitowoc Food Service Company Profile (NYSE:MFS)

About Manitowoc Food Service

Manitowoc Food Service logoManitowoc Foodservice, Inc. is a commercial foodservice equipment company. The Company designs, manufactures and services an integrated portfolio of hot and cold category products. The Company operates through three segments: Americas, EMEA and APAC. The Americas segment includes the United States, Canada and Latin America. The EMEA segment consists of markets in Europe, Middle East and Africa, including Russia and the commonwealth of independent states. The APAC segment consists of markets in China, Singapore, Australia, India, Malaysia, Indonesia, Thailand and the Philippines. The Company supplies foodservice equipment to commercial and institutional foodservice operators, such as restaurants, hotels, caterers, supermarkets, convenience stores, business and industry, hospitals, schools and other institutions. The Company's products include Convotherm 4, Merrychef eikon, Indigo Ice Machine, Koolaire, Chick-fil-A Broiler, Merco IntelliHold Series and Frymaster FilterQuick.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: MFS
  • CUSIP:
Key Metrics:
  • Previous Close: $18.60
  • 50 Day Moving Average: $19.12
  • 200 Day Moving Average: $17.48
  • 52-Week Range: $11.56 - $19.91
  • Trailing P/E Ratio: 32.63
  • Foreward P/E Ratio: 20.22
  • P/E Growth: 1.35
  • Market Cap: $2.58B
  • Outstanding Shares: 138,562,000
Profitability:
  • Net Margins: 8.38%
  • Return on Equity: 57.49%
  • Return on Assets: 7.18%
Debt:
  • Debt-to-Equity Ratio: -18.61%
  • Current Ratio: 1.13%
  • Quick Ratio: 0.61%
Additional Links:
Companies Related to Manitowoc Food Service:

Analyst Ratings

Consensus Ratings for Manitowoc Food Service (NYSE:MFS) (?)
Ratings Breakdown: 5 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.44)
Consensus Price Target: $18.88 (1.48% upside)

Analysts' Ratings History for Manitowoc Food Service (NYSE:MFS)
Show:
DateFirmActionRatingPrice TargetDetails
2/16/2017Dougherty & CoDowngradeBuy -> NeutralView Rating Details
2/16/2017Robert W. BairdUpgradeNeutral -> Outperform$18.00 -> $22.00View Rating Details
1/10/2017Barclays PLCReiterated RatingHold$19.00View Rating Details
11/16/2016Seaport Global SecuritiesInitiated CoverageBuy$22.00View Rating Details
7/11/2016William BlairUpgradeMarket Perform -> Outperform$21.00View Rating Details
5/14/2016Citigroup Inc.Reiterated RatingHoldView Rating Details
3/11/2016BB&T CorporationReiterated RatingHoldView Rating Details
3/7/2016Susquehanna Bancshares IncInitiated CoverageNeutral$14.00View Rating Details
3/4/2016KeyCorpInitiated CoverageOverweight$16.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Manitowoc Food Service (NYSE:MFS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/15/2017        
2/15/2017Q416$0.17$0.16$391.70 million$378.70 millionViewListenView Earnings Details
11/7/2016Q316$0.17$0.20$386.60 million$384.00 millionViewN/AView Earnings Details
8/11/2016Q216$0.16$0.12$379.00 million$368.40 millionViewListenView Earnings Details
5/12/2016Q116$0.10$0.13$341.20 million$325.50 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Manitowoc Food Service (NYSE:MFS)
Current Year EPS Consensus Estimate: $0.65 EPS
Next Year EPS Consensus Estimate: $0.92 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20163$0.15$0.16$0.16
Q3 20163$0.17$0.20$0.19
Q4 20164$0.15$0.17$0.17
Q1 20173$0.07$0.10$0.09
Q2 20173$0.15$0.19$0.17
Q3 20173$0.22$0.26$0.24
Q4 20173$0.20$0.22$0.21
Q1 20181$0.13$0.13$0.13
Q2 20181$0.20$0.20$0.20
Q3 20181$0.32$0.32$0.32
Q4 20181$0.27$0.27$0.27
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Manitowoc Food Service (NYSE:MFS)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Manitowoc Food Service (NYSE:MFS)
Institutional Ownership Percentage: 82.50%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/17/2017Joel H HornSVPSell809$18.44$14,917.96View SEC Filing  
2/17/2017Josef MatosevicCOOSell1,323$18.44$24,396.12View SEC Filing  
11/28/2016Maurice D JonesSVPSell3,400$17.84$60,656.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Manitowoc Food Service (NYSE:MFS)
DateHeadline
News IconSVP, General Counsel and Secy of Manitowoc Food Service (NYSE:MFS), Horn Joel H., sells 809 shares worth $14,921 (NYSE:MFS)
empowerednews.net - February 21 at 6:24 PM
finance.yahoo.com logoManitowoc Foodservice/Welbilt Announces Retirement of Chief Financial Officer (NYSE:MFS)
finance.yahoo.com - February 21 at 6:24 PM
biz.yahoo.com logoMANITOWOC FOODSERVICE, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and E (NYSE:MFS)
biz.yahoo.com - February 21 at 6:24 PM
News IconTechnical Study: Following Indicators for Manitowoc Food Service Inc. Co (MFS) - Baldwin Journal (NYSE:MFS)
baldwinjournal.com - February 18 at 8:20 AM
businesswire.com logoManitowoc Foodservice/Welbilt to Present at the Barclays Industrial Select Conference - Business Wire (press release) (NYSE:MFS)
www.businesswire.com - February 17 at 7:54 PM
finance.yahoo.com logoManitowoc Foodservice/Welbilt to Present at the Barclays Industrial Select Conference (NYSE:MFS)
finance.yahoo.com - February 17 at 7:54 PM
News IconManitowoc Foodservice (MFS) Releases Earnings Results, Misses Expectations By $-0.01 EPS - Highland Mirror (NYSE:MFS)
www.highlandmirror.com - February 17 at 2:52 PM
businesswire.com logoManitowoc Foodservice Reports Solid Fourth Quarter Operating Results - Business Wire (press release) (NYSE:MFS)
www.businesswire.com - February 17 at 2:52 PM
streetinsider.com logoDougherty & Co Downgrades Manitowoc Foodservice (MFS) to Neutral - StreetInsider.com (NYSE:MFS)
www.streetinsider.com - February 17 at 2:52 PM
capitalcube.com logoManitowoc Foodservice, Inc. :MFS-US: Earnings Analysis: 2016 By the Numbers : February 17, 2017 (NYSE:MFS)
www.capitalcube.com - February 17 at 2:52 PM
4-traders.com logoManitowoc Foodservice : changes name to Welbilt (NYSE:MFS)
www.4-traders.com - February 16 at 6:06 PM
nasdaq.com logoManitowoc FoodService Posts Q4 EPS Just Shy Of Street, Revenues Exceed Expectations (NYSE:MFS)
www.nasdaq.com - February 16 at 6:06 PM
seekingalpha.com logoManitowoc Foodservice's (MFS) CEO Hubertus Muehlhaeuser on Q4 2016 Results - Earnings Call Transcript (NYSE:MFS)
seekingalpha.com - February 16 at 6:06 PM
us.rd.yahoo.com logoManitowoc Foodservice Reports Solid Fourth Quarter Operating Results (NYSE:MFS)
us.rd.yahoo.com - February 16 at 6:06 PM
sg.finance.yahoo.com logoManitowoc Foodservice misses 4Q profit forecasts (NYSE:MFS)
us.rd.yahoo.com - February 16 at 6:06 PM
us.rd.yahoo.com logo6:24 am Manitowoc Foodservice misses by $0.01, beats on revs; guides FY17 EPS below consensus (NYSE:MFS)
us.rd.yahoo.com - February 16 at 6:06 PM
biz.yahoo.com logoQ4 2016 Manitowoc Foodservice Inc Earnings Release - Before Market Open (NYSE:MFS)
biz.yahoo.com - February 16 at 6:06 PM
biz.yahoo.com logoMANITOWOC FOODSERVICE, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a (NYSE:MFS)
biz.yahoo.com - February 16 at 6:06 PM
finance.yahoo.com logoEdited Transcript of MFS earnings conference call or presentation 15-Feb-17 3:00pm GMT (NYSE:MFS)
finance.yahoo.com - February 16 at 6:06 PM
finance.yahoo.com logoManitowoc Foodservice upgraded by Robert W. Baird (NYSE:MFS)
finance.yahoo.com - February 16 at 6:06 PM
News IconWelbilt And Halton Group Announce Strategic Alliance - Total Food Service (registration) (NYSE:MFS)
totalfood.com - February 14 at 8:05 PM
finance.yahoo.com logoMachinery Stocks' Q4 Earnings Slated on Feb 15: MFS & NPO (NYSE:MFS)
finance.yahoo.com - February 14 at 8:05 PM
nasdaq.com logoManitowoc Foodservice Partners with Halton Group to Develop Kitchen Equipment Solutions (NYSE:MFS)
www.nasdaq.com - February 8 at 7:21 PM
finance.yahoo.com logoWelbilt and Halton Group Announce Strategic Alliance (NYSE:MFS)
finance.yahoo.com - February 8 at 7:21 PM
gurufocus.com logoEidelman Virant Capital Buys Manitowoc Foodservice, Franklin Financial Network, Cabot Oil & Gas, Sells Bob Evans ... - GuruFocus.com (NYSE:MFS)
www.gurufocus.com - February 7 at 6:56 AM
seekingalpha.com logoName change coming for Manitowoc Foodservice - Seeking Alpha (NYSE:MFS)
seekingalpha.com - February 7 at 6:56 AM
seekingalpha.com logoManitowoc Foodservice - Caution Warranted - Seeking Alpha (NYSE:MFS)
seekingalpha.com - February 7 at 6:56 AM
News IconManitowoc Foodservice, one of Tampa Bay's largest public companies, changes name to WelBilt (NYSE:MFS)
www.tbo.com - February 6 at 6:37 PM
bizjournals.com logoName change, new ticker symbol for one of Tampa Bay's largest public companies (NYSE:MFS)
www.bizjournals.com - February 6 at 6:37 PM
finance.yahoo.com logoManitowoc Foodservice Changing Name to Welbilt (NYSE:MFS)
finance.yahoo.com - February 6 at 9:57 AM
finance.yahoo.com logo8:01 am Manitowoc Foodservice to change name to 'Welbit, Inc.'; ticker will change to 'WBT' on March 6 (NYSE:MFS)
finance.yahoo.com - February 6 at 9:57 AM
streetinsider.com logoDougherty & Co Starts Manitowoc Foodservice (MFS) at Buy - StreetInsider.com (NYSE:MFS)
www.streetinsider.com - February 3 at 12:21 AM
us.rd.yahoo.com logoManitowoc Foodservice Announces Details of 2016 Fourth Quarter Earnings Call and Webcast (NYSE:MFS)
us.rd.yahoo.com - February 2 at 7:20 PM
us.rd.yahoo.com logoCoverage initiated on Manitowoc Foodservice by Dougherty & Company (NYSE:MFS)
us.rd.yahoo.com - February 2 at 7:20 PM
News IconFood Service Equipment Market Growing at a CAGR of 4.55% During 2016 - 2021 (NYSE:MFS)
www.prnewswire.co.in - January 31 at 7:26 PM
News IconEarnings Announcement is near for The Manitowoc Company, Inc. (NYSE:MTW) (NYSE:MFS)
mlbinjurynews.com - January 31 at 12:16 AM
4-traders.com logoDonaldson : Technical Reports on Machinery Equities -- Rockwell Automation, Manitowoc Foodservice, Colfax, and Donaldson (NYSE:MFS)
www.4-traders.com - January 30 at 7:14 PM
bizjournals.com logoTechnical Reports on Machinery Equities -- Rockwell Automation, Manitowoc Foodservice, Colfax, and Donaldson (NYSE:MFS)
www.bizjournals.com - January 30 at 7:14 PM
prnewswire.com logoTechnical Reports on Machinery Equities -- Rockwell Automation, Manitowoc Foodservice, Colfax, and Donaldson - PR Newswire (press release) (NYSE:MFS)
www.prnewswire.com - January 30 at 9:46 AM
openpr.com logoFood Service Equipment (Commercial Refrigeration) Market Driven By Growth In Hospitality Industry Across The Globe. (NYSE:MFS)
www.openpr.com - January 28 at 12:04 AM
News IconWatching the Numbers for Manitowoc Foodservice, Inc. (NYSE:MFS) - The Tribune (NYSE:MFS)
lakecitytribune.com - January 26 at 9:26 PM
News IconInstitutions Taking Notice Of This Stock in Q4: Manitowoc Foodservice, Inc. (:MFS) - Wall Street Beacon (NYSE:MFS)
wsbeacon.com - January 22 at 4:23 AM
News IconNarrowing in on Chart Levels for Manitowoc Food Service Inc. Co (MFS) - Springdale Times (NYSE:MFS)
springdaletimes.com - January 17 at 6:52 PM
biz.yahoo.com logoMANITOWOC FOODSERVICE, INC. Files SEC form 8-K, Other Events (NYSE:MFS)
biz.yahoo.com - January 17 at 6:52 PM
openpr.com logoFood Service Equipment Market Anticipated to be Valued at US$ 28.9 Bn in 2016 (NYSE:MFS)
www.openpr.com - January 13 at 7:49 PM
News IconCarl J. Laurino elected to the Appvion board of directors (NYSE:MFS)
www.consumerelectronicsnet.com - January 11 at 7:07 PM
News IconCritical Profitability Ratio Analysis: Masco Corporation (NYSE:MAS), Manitowoc Foodservice (NYSE:MFS) - Street Wise Report (press release) (blog) (NYSE:MFS)
streetwisereport.com - January 4 at 7:21 PM
News IconOverbuying Stock on Analysts Radar: Manitowoc Foodservice Inc (NYSE:MFS) - Post Registrar (NYSE:MFS)
postregistrar.com - January 4 at 7:21 PM
News IconInside the Numbers for Manitowoc Foodservice, Inc. (NYSE:MFS) - Wall Street Beacon (NYSE:MFS)
wsbeacon.com - January 1 at 9:43 AM
News IconCara Therapeutics (NASDAQ:CARA)- Stocks Tumbling on Lethargic Results: Manitowoc Foodservice, Inc. (NYSE:MFS) - Street Wise Report (press release) (blog) (NYSE:MFS)
streetwisereport.com - December 30 at 6:54 PM

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What is Manitowoc Food Service's stock symbol?

Manitowoc Food Service trades on the New York Stock Exchange (NYSE) under the ticker symbol "MFS."

Where is Manitowoc Food Service's stock going? Where will Manitowoc Food Service's stock price be in 2017?

9 analysts have issued 1 year price targets for Manitowoc Food Service's shares. Their predictions range from $14.00 to $22.00. On average, they anticipate Manitowoc Food Service's share price to reach $18.88 in the next twelve months.

When will Manitowoc Food Service announce their earnings?

Manitowoc Food Service is scheduled to release their next quarterly earnings announcement on Wednesday, February, 15th 2017.

Who owns Manitowoc Food Service stock?

Manitowoc Food Service's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Abrams Capital Management L.P. (8.13%), Icahn Carl C (7.64%), Investec Asset Management LTD (3.92%), Dimensional Fund Advisors LP (2.80%), Champlain Investment Partners LLC (2.25%) and Gates Capital Management Inc. (1.47%). Company insiders that own Manitowoc Food Service stock include Joel H Horn, Josef Matosevic and Maurice D Jones.

Who sold Manitowoc Food Service stock? Who is selling Manitowoc Food Service stock?

Manitowoc Food Service's stock was sold by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, GLG Partners LP, Sii Investments Inc. WI, CNH Partners LLC, State Board of Administration of Florida Retirement System, Cipher Capital LP, Associated Banc Corp and Guggenheim Capital LLC. Company insiders that have sold Manitowoc Food Service stock in the last year include Joel H Horn, Josef Matosevic and Maurice D Jones.

Who bought Manitowoc Food Service stock? Who is buying Manitowoc Food Service stock?

Manitowoc Food Service's stock was acquired by a variety of institutional investors in the last quarter, including Gates Capital Management Inc., Investec Asset Management LTD, Champlain Investment Partners LLC, Renaissance Technologies LLC, Russell Investments Group Ltd., State Street Corp, Envestnet Asset Management Inc. and Wexford Capital LP.

How do I buy Manitowoc Food Service stock?

Shares of Manitowoc Food Service can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Manitowoc Food Service stock cost?

One share of Manitowoc Food Service stock can currently be purchased for approximately $18.60.

Manitowoc Food Service (NYSE:MFS) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Manitowoc Food Service (NYSE:MFS)

Earnings History Chart

Earnings by Quarter for Manitowoc Food Service (NYSE:MFS)

Dividend History Chart

Dividend Payments by Quarter for Manitowoc Food Service (NYSE:MFS)

Last Updated on 2/23/2017 by MarketBeat.com Staff