S&P 500   4,967.23
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QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
NYSE:MTW

Manitowoc (MTW) Stock Price, News & Analysis

$12.88
+0.05 (+0.39%)
(As of 04/19/2024 ET)
Today's Range
$12.69
$13.00
50-Day Range
$12.83
$17.44
52-Week Range
$12.20
$19.81
Volume
154,622 shs
Average Volume
195,651 shs
Market Capitalization
$456.98 million
P/E Ratio
11.82
Dividend Yield
N/A
Price Target
$17.33

Manitowoc MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
34.6% Upside
$17.33 Price Target
Short Interest
Healthy
1.84% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.83
Upright™ Environmental Score
News Sentiment
0.16mentions of Manitowoc in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.50%
From $1.29 to $1.49 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.59 out of 5 stars

Industrial Products Sector

10th out of 167 stocks

Construction Machinery Industry

1st out of 5 stocks

MTW stock logo

About Manitowoc Stock (NYSE:MTW)

The Manitowoc Company, Inc. provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East, the Asia Pacific, and internationally. It designs, manufactures, and distributes crawler-mounted lattice-boom cranes under the Manitowoc brand; a line of top-slewing and self-erecting tower cranes under the Potain brand; mobile hydraulic cranes under the Grove, Shuttlelift, and National Crane brands; and hydraulic boom trucks under the National Crane brand. The company also provides aftermarket services, such as sale of parts and accessories, field service work, routine maintenance services, technical support, erection and decommissioning services, crane and component remanufacturing, training, and telematics services. Its crane products are used in various applications, including energy production/distribution and utilities; petrochemical and industrial; infrastructure, such as road, bridge, and airport construction; and commercial and residential construction. The company serves a range of customers, including dealers, rental companies, contractors, and government entities in the petrochemical, industrial, commercial construction, power and utilities, infrastructure, and residential construction end markets. The Manitowoc Company, Inc. was founded in 1902 and is headquartered in Milwaukee, Wisconsin.

MTW Stock Price History

MTW Stock News Headlines

Manitowoc Co.
Bear of the Day: Manitowoc (MTW)
Secret Bull Market Starts in This Unusual Sector
"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.
MTW Apr 2024 14.000 put
Secret Bull Market Starts in This Unusual Sector
"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.
The Manitowoc Company Deserves To Rise From Here
Q4 2023 Manitowoc Company Inc Earnings Call
Why Manitowoc Stock Fell 14% Today
Why Manitowoc Stock Fell 14% Today
MTW Feb 2024 18.000 put
Robert W. Baird Remains a Hold on Manitowoc Company (MTW)
Manitowoc Company Inc. Q4 Earnings Summary
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Today
4/19/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Construction machinery
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
56357110
Employees
4,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.33
High Stock Price Target
$22.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+34.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$39.20 million
Pretax Margin
1.98%

Debt

Sales & Book Value

Annual Sales
$2.23 billion
Cash Flow
$3.29 per share
Book Value
$17.19 per share

Miscellaneous

Free Float
34,590,000
Market Cap
$457.03 million
Optionable
Optionable
Beta
2.04

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Key Executives

  • Mr. Aaron H. Ravenscroft (Age 46)
    President, CEO & Director
    Comp: $2.73M
  • Mr. Brian P. Regan (Age 50)
    Executive VP, CFO & Principal Financial Officer
    Comp: $1.22M
  • Ms. Jennifer L. Peterson (Age 47)
    Executive VP, General Counsel & Secretary
    Comp: $892.38k
  • Mr. James S. Cook (Age 40)
    Executive Vice President of Human Resources
    Comp: $1.01M
  • Mr. Leslie L. Middleton (Age 54)
    Executive Vice President of Americas & EU Mobile Cranes
    Comp: $1.14M
  • Mr. Ryan M. Palmer (Age 33)
    VP, Corporate Controller & Principal Accounting Officer
  • Mr. Ion M. Warner
    Vice President of Marketing & Investor Relations

MTW Stock Analysis - Frequently Asked Questions

Should I buy or sell Manitowoc stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manitowoc in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MTW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MTW, but not buy additional shares or sell existing shares.
View MTW analyst ratings
or view top-rated stocks.

What is Manitowoc's stock price target for 2024?

4 brokerages have issued 12-month price objectives for Manitowoc's stock. Their MTW share price targets range from $15.00 to $22.00. On average, they expect the company's stock price to reach $17.33 in the next year. This suggests a possible upside of 34.6% from the stock's current price.
View analysts price targets for MTW
or view top-rated stocks among Wall Street analysts.

How have MTW shares performed in 2024?

Manitowoc's stock was trading at $16.69 on January 1st, 2024. Since then, MTW shares have decreased by 22.8% and is now trading at $12.88.
View the best growth stocks for 2024 here
.

Are investors shorting Manitowoc?

Manitowoc saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 622,300 shares, a decline of 21.8% from the March 15th total of 795,700 shares. Based on an average daily trading volume, of 268,700 shares, the short-interest ratio is presently 2.3 days. Currently, 1.8% of the shares of the stock are sold short.
View Manitowoc's Short Interest
.

When is Manitowoc's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our MTW earnings forecast
.

How were Manitowoc's earnings last quarter?

The Manitowoc Company, Inc. (NYSE:MTW) released its earnings results on Thursday, February, 15th. The industrial products company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.23 by $0.14. The industrial products company had revenue of $595.80 million for the quarter, compared to analyst estimates of $583.90 million. Manitowoc had a trailing twelve-month return on equity of 9.44% and a net margin of 1.76%. The firm's revenue was down 4.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.74 earnings per share.

What ETF holds Manitowoc's stock?

First Trust Dow Jones Select Microcap Index Fund holds 94,263 shares of MTW stock, representing 1.03% of its portfolio.

When did Manitowoc's stock split?

Manitowoc shares reverse split on Monday, November 20th 2017. The 1-4 reverse split was announced on Friday, November 17th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Friday, November 17th 2017. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

What guidance has Manitowoc issued on next quarter's earnings?

Manitowoc updated its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of 0.950-1.550 for the period, compared to the consensus estimate of 1.520. The company issued revenue guidance of $2.3 billion-$2.4 billion, compared to the consensus revenue estimate of $2.2 billion.

What is Glen E. Tellock's approval rating as Manitowoc's CEO?

28 employees have rated Manitowoc Chief Executive Officer Glen E. Tellock on Glassdoor.com. Glen E. Tellock has an approval rating of 47% among the company's employees. This puts Glen E. Tellock in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Manitowoc own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Manitowoc investors own include Welbilt (WBT), Caterpillar (CAT), Gilead Sciences (GILD), Micron Technology (MU), Wells Fargo & Company (WFC), Costco Wholesale (COST), Allergan (AGN), Applied Materials (AMAT), Cisco Systems (CSCO) and Tesla (TSLA).

Who are Manitowoc's major shareholders?

Manitowoc's stock is owned by many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.03%). Insiders that own company stock include Aaron H Ravenscroft, Anne E Belec, Brian P Regan, John Charles Pfeifer, Kenneth W Krueger and Leslie L Middleton.
View institutional ownership trends
.

How do I buy shares of Manitowoc?

Shares of MTW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MTW) was last updated on 4/20/2024 by MarketBeat.com Staff

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