Manitowoc Company Company Profile (NYSE:MTW)

About Manitowoc Company (NYSE:MTW)

Manitowoc Company logoThe Manitowoc Company, Inc. is a provider of engineered lifting equipment for the construction industry. The Company operates through the Crane business segment. It designs, manufactures and distributes a line of crawler-mounted lattice-boom cranes, which it sells under the Manitowoc brand name. It also designs and manufactures a line of top-slewing and self-erecting tower cranes, which it sells under the Potain brand name. It designs and manufactures mobile telescopic cranes, which it sells under the Grove brand name and a line of hydraulically powered telescopic boom trucks, which it sells under the National Crane brand name. It also provides crane product parts and services and crane rebuilding, remanufacturing and training services, which are delivered under the Manitowoc Crane Care brand name. Its crane products are used in a range of applications, including energy production/distribution and utilities, petrochemical and industrial projects, and infrastructure applications.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Farm & Construction Machinery
  • Sub-Industry: Construction & Farm Machinery & Heavy Trucks
  • Symbol: NYSE:MTW
  • CUSIP: 56357110
  • Web:
  • Market Cap: $813.72 million
  • Outstanding Shares: 140,538,000
Average Prices:
  • 50 Day Moving Avg: $5.83
  • 200 Day Moving Avg: $5.94
  • 52 Week Range: $3.65 - $7.57
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 289.50
  • P/E Growth: 0.51
Sales & Book Value:
  • Annual Revenue: $1.49 billion
  • Price / Sales: 0.55
  • Book Value: $4.06 per share
  • Price / Book: 1.43
  • EBIDTA: ($3,500,000.00)
  • Net Margins: -23.70%
  • Return on Equity: -9.94%
  • Return on Assets: -4.11%
  • Debt-to-Equity Ratio: 0.47%
  • Current Ratio: 1.81%
  • Quick Ratio: 0.67%
  • Average Volume: 1.65 million shs.
  • Beta: 1.81
  • Short Ratio: 6.04

Frequently Asked Questions for Manitowoc Company (NYSE:MTW)

What is Manitowoc Company's stock symbol?

Manitowoc Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTW."

How were Manitowoc Company's earnings last quarter?

Manitowoc Company Inc (NYSE:MTW) announced its quarterly earnings data on Monday, May, 8th. The company reported ($0.17) earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of ($0.17). The firm earned $305.80 million during the quarter, compared to analyst estimates of $336.85 million. Manitowoc Company had a negative net margin of 23.70% and a negative return on equity of 9.94%. Manitowoc Company's quarterly revenue was down 28.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.04) earnings per share. View Manitowoc Company's Earnings History.

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

9 equities research analysts have issued 12 month price targets for Manitowoc Company's shares. Their predictions range from $4.00 to $8.00. On average, they anticipate Manitowoc Company's share price to reach $5.41 in the next twelve months. View Analyst Ratings for Manitowoc Company.

What are analysts saying about Manitowoc Company stock?

Here are some recent quotes from research analysts about Manitowoc Company stock:

  • 1. According to Zacks Investment Research, "Manitowoc anticipates revenues to decline 8–10% in 2017 and adjusted operating margin to lie between 0% and 1%, as crane is at historically low levels in America, owing to depressed used crane values and weak rental rates. The company's estimates have been going down ahead of its first quarter earnings release. The company has a negative record of earnings surprises in the last few quarters. Nevertheless, the company has outperformed the Zacks categorized sub industry over the past six months due to its focus on four key elements that will help the company deliver double-digit margin growth over the long term." (4/10/2017)
  • 2. Jefferies Group LLC analysts commented, "MTW reported a larger operating loss than expected in F4Q as end markets remain weak and the company lowered Mobile Crane production to help reduce inventory. As management continues to take actions to right-size the cost structure they have targeted adjusted operating margins of 0-1% in 2017 on a sales decline of 8-10%. With energy end markets beginning to improve this could mark the trough in earnings." (2/3/2017)

Who are some of Manitowoc Company's key competitors?

Who owns Manitowoc Company stock?

Manitowoc Company's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.24%), Dimensional Fund Advisors LP (5.10%), SOUTHPOINT CAPITAL ADVISORS LP (5.03%), Harris Associates L P (4.71%), Southpoint Capital Advisors LP (4.27%) and Investec Asset Management LTD (3.65%). Company insiders that own Manitowoc Company stock include Aaron H Ravenscroft, Barry Pennypacker, Carl J Laurino, Lawrence Joseph Weyers, Louis F Raymond, Maurice D Jones and Thomas G Musial. View Institutional Ownership Trends for Manitowoc Company.

Who sold Manitowoc Company stock? Who is selling Manitowoc Company stock?

Manitowoc Company's stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Rutabaga Capital Management LLC MA, Quantitative Investment Management LLC, TIAA CREF Investment Management LLC, Teachers Advisors LLC, Parametric Portfolio Associates LLC, Comerica Bank and Legal & General Group Plc. Company insiders that have sold Manitowoc Company stock in the last year include Lawrence Joseph Weyers, Louis F Raymond and Thomas G Musial. View Insider Buying and Selling for Manitowoc Company.

Who bought Manitowoc Company stock? Who is buying Manitowoc Company stock?

Manitowoc Company's stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Emerald Advisers Inc. PA, Southpoint Capital Advisors LP, Emerald Mutual Fund Advisers Trust, JHL Capital Group LLC, Vanguard Group Inc., UBS Group AG and Daiwa Securities Group Inc.. Company insiders that have bought Manitowoc Company stock in the last two years include Aaron H Ravenscroft and Barry Pennypacker. View Insider Buying and Selling for Manitowoc Company.

How do I buy Manitowoc Company stock?

Shares of Manitowoc Company 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 Company stock cost?

One share of Manitowoc Company stock can currently be purchased for approximately $5.79.

Analyst Ratings

Consensus Ratings for Manitowoc Company (NYSE:MTW) (?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $5.41 (6.52% downside)

Analysts' Ratings History for Manitowoc Company (NYSE:MTW)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/12/2017Deutsche Bank AGBoost Price TargetHold$6.22 -> $6.30LowView Rating Details
5/10/2017Jefferies Group LLCBoost Price TargetHold$7.25 -> $8.00MediumView Rating Details
3/24/2017Royal Bank of CanadaReiterated RatingHold$5.50HighView Rating Details
3/17/2017OTR GlobalUpgradePositiveMediumView Rating Details
12/9/2016JPMorgan Chase & Co.DowngradeNeutral -> Underweight$5.00N/AView Rating Details
11/10/2016Credit Suisse Group AGSet Price TargetHold$4.00N/AView Rating Details
10/20/2016Seaport Global SecuritiesDowngradeBuy -> Neutral$6.00 -> $5.00N/AView Rating Details
10/12/2016Barclays PLCLower Price TargetEqual Weight$5.00 -> $4.00N/AView Rating Details
8/10/2016Citigroup IncLower Price TargetNeutral$6.00 -> $5.50N/AView Rating Details
5/9/2016Stifel NicolausBoost Price TargetBuy$6.00 -> $7.00N/AView Rating Details
5/8/2016Robert W. BairdReiterated RatingHoldN/AView Rating Details
3/28/2016Goldman Sachs Group IncBoost Price Target$3.25 -> $3.75N/AView Rating Details
1/31/2016William BlairReiterated RatingMarket Perform$14.00N/AView Rating Details
11/3/2015SunTrust Banks, Inc.Initiated CoverageNeutral$16.00N/AView Rating Details
10/21/2015Morgan StanleyDowngradeOverweight -> Equal Weight$24.00 -> $14.00N/AView Rating Details
7/30/2015BB&T Co.DowngradeBuy -> HoldN/AView Rating Details
(Data available from 5/25/2015 forward)


Earnings History for Manitowoc Company (NYSE:MTW)
Earnings by Quarter for Manitowoc Company (NYSE:MTW)
Earnings History by Quarter for Manitowoc Company (NYSE:MTW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017Q1 2017($0.17)($0.17)$336.85 million$305.80 millionViewListenView Earnings Details
2/1/2017Q416($0.16)($0.23)$390.18 million$378.20 millionViewListenView Earnings Details
11/1/2016Q316($0.25)($0.28)$346.47 million$349.80 millionViewN/AView Earnings Details
8/8/2016Q216$0.04$0.04$466.92 million$457.70 millionViewN/AView Earnings Details
5/4/2016Q116($0.02)($0.04)$365.29 million$427.40 millionViewN/AView Earnings Details
1/28/2016Q415$0.21$0.43$936.95 million$934.80 millionViewListenView Earnings Details
10/28/2015Q315$0.10$0.09$888.23 million$863.50 millionViewListenView Earnings Details
7/29/2015Q215$0.30$0.22$952.22 million$885.40 millionViewListenView Earnings Details
4/29/2015Q115($0.02)($0.05)$762.10 million$752.10 millionViewListenView Earnings Details
1/29/2015Q414$0.32$0.27$1.06 billion$1,000.00 millionViewListenView Earnings Details
10/27/2014Q314$0.42$0.36$993.33 million$986.30 millionViewListenView Earnings Details
7/30/2014Q214$0.41$0.35$1.06 billion$1.01 billionViewListenView Earnings Details
5/1/2014Q114$0.20$0.17$913.66 million$850.00 millionViewListenView Earnings Details
1/31/2014Q413$0.34$0.47$1.11 billion$1.10 billionViewListenView Earnings Details
10/25/2013Q313$0.32$0.39$1.04 billion$1.02 billionViewListenView Earnings Details
7/29/2013Q2 2013$0.35$0.45$1.07 billion$1.05 billionViewListenView Earnings Details
4/30/2013Q1 2013$0.14$0.09$909.49 million$898.00 millionViewListenView Earnings Details
1/31/2013Q4 2012$0.24$0.27$1.09 billion$1.13 billionViewListenView Earnings Details
11/5/2012Q312$0.29$0.17$1.05 billion$955.70 millionViewN/AView Earnings Details
8/6/2012$0.26$0.32ViewN/AView Earnings Details
5/3/2012$0.09$0.01ViewN/AView Earnings Details
1/31/2012$0.13$0.14ViewN/AView Earnings Details
10/25/2011$0.17$0.18ViewN/AView Earnings Details
4/28/2011$0.04($0.06)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Manitowoc Company (NYSE:MTW)
2017 EPS Consensus Estimate: ($0.23)
2018 EPS Consensus Estimate: ($0.04)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174($0.15)($0.08)($0.12)
Q2 20174($0.05)$0.00($0.02)
Q3 20174($0.12)$0.00($0.06)
Q4 20174($0.06)($0.01)($0.04)
Q1 20182($0.12)($0.06)($0.09)
Q2 20182$0.05$0.07$0.06
Q3 20182($0.04)$0.00($0.02)
Q4 20182$0.00$0.03$0.02
(Data provided by Zacks Investment Research)


Current Dividend Information for Manitowoc Company (NYSE:MTW)
Most Recent Dividend:12/10/2015
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Manitowoc Company (NYSE:MTW)

Dividend History by Quarter for Manitowoc Company (NYSE:MTW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Manitowoc Company (NYSE:MTW)
Insider Ownership Percentage: 3.36%
Institutional Ownership Percentage: 75.10%
Insider Trades by Quarter for Manitowoc Company (NYSE:MTW)
Institutional Ownership by Quarter for Manitowoc Company (NYSE:MTW)
Insider Trades by Quarter for Manitowoc Company (NYSE:MTW)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/27/2017Lawrence Joseph WeyersInsiderSell8,200$6.30$51,660.00View SEC Filing  
2/27/2017Louis F RaymondVPSell5,200$6.29$32,708.00View SEC Filing  
2/21/2017Aaron H RavenscroftInsiderBuy5,000$6.57$32,850.00View SEC Filing  
2/15/2017Thomas G MusialSVPSell23,000$6.70$154,100.00View SEC Filing  
2/14/2017Barry PennypackerCEOBuy78,000$6.33$493,740.00View SEC Filing  
2/16/2016Carl J. LaurinoCFOSell5,803$15.18$88,089.54View SEC Filing  
2/16/2016Maurice D. JonesSVPSell4,857$15.23$73,972.11View SEC Filing  
9/11/2015Maurice D JonesSVPSell1,100$16.57$18,227.00View SEC Filing  
6/4/2015Maurice D JonesSVPSell2,500$20.04$50,100.00View SEC Filing  
3/5/2015Kenneth W KruegerDirectorSell4,600$22.60$103,960.00View SEC Filing  
3/3/2015Carl J LaurinoCFOSell33,532$22.48$753,799.36View SEC Filing  
2/26/2015Lawrence Joseph WeyersSVPSell1,743$21.97$38,293.71View SEC Filing  
2/25/2015Carl J LaurinoCFOSell6,348$21.79$138,322.92View SEC Filing  
2/25/2015Glen E TellockCEOSell33,658$21.77$732,734.66View SEC Filing  
2/25/2015Robert M HundSVPSell1,220$21.73$26,510.60View SEC Filing  
11/10/2014Eric EtchartVPSell4,528$21.70$98,257.60View SEC Filing  
6/27/2014Eric EtchartVPSell31,148$32.31$1,006,391.88View SEC Filing  
6/9/2014Maurice D JonesSVPSell26,332$30.00$789,960.00View SEC Filing  
6/6/2014Eric EtchartVPSell20,152$29.50$594,484.00View SEC Filing  
6/5/2014Eric EtchartVPSell20,151$28.50$574,303.50View SEC Filing  
3/11/2014Thomas MusialSVPSell32,000$31.38$1,004,160.00View SEC Filing  
2/26/2014Eric EtchartVPSell11,550$30.70$354,585.00View SEC Filing  
2/7/2014Kenneth KruegerDirectorSell3,600$28.00$100,800.00View SEC Filing  
2/5/2014Carl LaurinoCFOSell3,093$27.37$84,655.41View SEC Filing  
2/5/2014Glen TellockCEOSell17,976$27.34$491,463.84View SEC Filing  
2/5/2014Thomas MusialSVPSell2,754$27.42$75,514.68View SEC Filing  
1/31/2014Dean NoldenVPSell6,000$26.50$159,000.00View SEC Filing  
1/10/2014Dean NoldenVPSell3,000$25.00$75,000.00View SEC Filing  
1/7/2014Glen TellockCEOSell314,713$23.08$7,263,576.04View SEC Filing  
12/18/2013Dean NoldenVPSell3,000$22.00$66,000.00View SEC Filing  
8/13/2013Robert StiftDirectorSell10,000$21.04$210,400.00View SEC Filing  
5/28/2013Kenneth W KruegerDirectorSell1,669$20.04$33,446.76View SEC Filing  
5/23/2013Kenneth W KruegerDirectorSell1,831$20.00$36,620.00View SEC Filing  
8/9/2012Carl J LaurinoCFOSell22,733$13.06$296,892.98View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Manitowoc Company (NYSE:MTW)
Latest Headlines for Manitowoc Company (NYSE:MTW)
DateHeadline logoThe Manitowoc Co., Inc. breached its 50 day moving average in a Bullish Manner : MTW-US : May 24, 2017 - May 24 at 10:34 AM logoETFs with exposure to The Manitowoc Co., Inc. : May 15, 2017 - May 15 at 6:03 PM logoManitowoc Company Inc (MTW) Given Average Recommendation of "Hold" by Analysts - May 15 at 2:46 PM logoManitowoc Company Inc (MTW) Expected to Post Earnings of -$0.03 Per Share - May 15 at 9:22 AM logoThe Manitowoc Co., Inc. :MTW-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017 - May 12 at 7:20 PM logoManitowoc Company Inc (MTW) Receives "Hold" Rating from Deutsche Bank AG - May 12 at 11:04 AM logoBrokers Set Expectations for Manitowoc Company Inc's Q2 2017 Earnings (MTW) - May 12 at 10:25 AM logoQ2 2017 EPS Estimates for Manitowoc Company Inc Reduced by Jefferies Group (MTW) - May 12 at 9:20 AM logoQ2 2017 EPS Estimates for Manitowoc Company Inc Lowered by Seaport Global Securities (MTW) - May 12 at 9:20 AM logoManitowoc Company Inc to Post Q2 2018 Earnings of $0.07 Per Share, SunTrust Banks Forecasts (MTW) - May 11 at 2:14 PM logoEquities Analysts Offer Predictions for Manitowoc Company Inc's Q1 2018 Earnings (MTW) - May 11 at 1:30 PM logoEarnings Reaction History: Manitowoc Company, Inc., 50.0% Follow-Through Indicator, 5.6% Sensitive - Nasdaq - May 10 at 11:47 PM logoManitowoc Company Inc (MTW) Given "Hold" Rating at Jefferies Group LLC - May 10 at 7:36 PM logoEdited Transcript of MTW earnings conference call or presentation 9-May-17 2:00pm GMT - May 10 at 12:12 PM logoThe Manitowoc Co., Inc. breached its 50 day moving average in a Bullish Manner : MTW-US : May 10, 2017 - May 10 at 12:12 PM logoThe Manitowoc (MTW) Q1 2017 Results - Earnings Call Transcript - May 9 at 6:21 PM logoWhy Manitowoc Company Inc.'s Shares Popped 16% Today - May 9 at 6:21 PM logoManitowoc (MTW) Posts Loss in Q1, Misses Sales, Affirms View - May 9 at 11:39 AM logoManitowoc Company Inc (MTW) Announces Quarterly Earnings Results - May 8 at 11:32 PM logoManitowoc Company Inc (MTW) Releases Earnings Results, Misses Expectations By $0.01 EPS - May 8 at 9:40 PM logoEARNINGS SUMMARY: Details of Manitowoc Company Inc. Q1 Earnings Report - May 8 at 6:13 PM logoThe Manitowoc Company Reports First-Quarter 2017 Financial Results - May 8 at 6:13 PM logoManitowoc reports 1Q loss - May 8 at 5:17 PM logoWhy Manitowoc Company (MTW) Might Surprise This Earnings Season - Nasdaq - May 6 at 12:03 AM logoMachinery Stocks Q1 Earnings Roster for May 8: SNHY, MTW - May 5 at 7:01 PM logoWhy Manitowoc Company (MTW) Might Surprise This Earnings Season - May 5 at 9:23 AM logoManitowoc Company (MTW) Earning Positive News Coverage, Study Finds - May 4 at 11:36 AM logoETFs with exposure to The Manitowoc Co., Inc. : May 1, 2017 - May 1 at 5:40 PM logoETFs with exposure to The Manitowoc Co., Inc. : May 1, 2017 - May 1 at 5:40 PM logoVery Favorable Media Coverage Extremely Likely to Affect Manitowoc Company (MTW) Share Price - May 1 at 9:53 AM logoFavorable Press Coverage Very Likely to Impact Manitowoc Company (MTW) Share Price - April 27 at 4:34 PM logoThe Manitowoc Co., Inc. breached its 50 day moving average in a Bullish Manner : MTW-US : April 26, 2017 - April 26 at 6:36 PM logoManitowoc Company (MTW) Getting Somewhat Positive Media Coverage, Report Finds - April 24 at 7:09 PM logoThe Manitowoc Company Schedules First-quarter 2017 Earnings Announcement and Conference Call - April 24 at 5:49 PM logoZacks: Brokerages Anticipate Manitowoc Company Inc (MTW) Will Post Earnings of -$0.17 Per Share - April 24 at 2:32 PM logoManitowoc Company Inc (MTW) Receives Consensus Recommendation of "Hold" from Analysts - April 18 at 3:13 PM logoSomewhat Positive Press Coverage Very Likely to Affect Manitowoc Company (MTW) Stock Price - April 18 at 12:57 AM logoManitowoc Company Inc (MTW) Receives Buy Rating from Jefferies Group LLC - April 14 at 3:12 PM logoManitowoc Company Inc (MTW) Rating Increased to Hold at Zacks Investment Research - April 14 at 7:26 AM logoThe Manitowoc Co., Inc. – Value Analysis (NYSE:MTW) : April 12, 2017 - April 12 at 7:39 PM logoTechnical Reports on Farm & Construction Machinery Stocks -- Deere, Manitowoc, and CNH Industrial - April 11 at 11:07 AM logoThe Manitowoc Co., Inc. breached its 50 day moving average in a Bullish Manner : MTW-US : April 11, 2017 - April 11 at 11:07 AM logoManitowoc Company Inc (MTW) Upgraded to Buy at Vetr Inc. - April 11 at 12:50 AM logoZacks Investment Research Upgrades Manitowoc Company Inc (MTW) to "Hold" - April 10 at 2:46 PM logoManitowoc Company Inc Expected to Earn Q1 2017 Earnings of ($0.10) Per Share (MTW) - April 7 at 6:06 PM logoHow to play Trump's infrastructure plans - April 7 at 11:21 AM logoManitowoc Company's (MTW) "Hold" Rating Reaffirmed at Deutsche Bank AG - April 6 at 11:55 AM logoQ2 2018 EPS Estimates for Manitowoc Company Inc Lifted by Analyst (MTW) - April 3 at 11:00 AM logoHow to play Trump's infrastructure plans - March 31 at 9:28 AM logoManitowoc Company Inc (MTW) Rating Reiterated by Royal Bank of Canada - March 25 at 11:31 AM



Manitowoc Company (MTW) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by Staff