About Manitowoc Company, Inc. (The) (NYSE:MTW)
The 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: Heavy Machinery & Vehicles
- Sub-Industry: Construction & Farm Machinery & Heavy Trucks
- Symbol: NYSE:MTW
- CUSIP: 56357110
- Web: www.manitowoc.com
- Market Cap: $1.26 billion
- Outstanding Shares: 140,605,000
- 50 Day Moving Avg: $8.68
- 200 Day Moving Avg: $6.85
- 52 Week Range: $3.65 - $9.97
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 89.70
- P/E Growth: 1.61
- Annual Revenue: $1.43 billion
- Price / Sales: 0.88
- Book Value: $4.24 per share
- Price / Book: 2.12
- EBITDA: ($3,000,000.00)
- Net Margins: -14.63%
- Return on Equity: -14.85%
- Return on Assets: -5.70%
- Debt-to-Equity Ratio: 0.47%
- Current Ratio: 1.71%
- Quick Ratio: 0.68%
- Average Volume: 1.73 million shs.
- Beta: 1.38
- Short Ratio: 9.2
Frequently Asked Questions for Manitowoc Company, Inc. (The) (NYSE:MTW)
What is Manitowoc Company, Inc. (The)'s stock symbol?
Manitowoc Company, Inc. (The) trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTW."
How were Manitowoc Company, Inc. (The)'s earnings last quarter?
Manitowoc Company, Inc. (The) (NYSE:MTW) released its quarterly earnings results on Monday, August, 7th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.09. The company earned $394.60 million during the quarter, compared to the consensus estimate of $396.44 million. Manitowoc Company, Inc. (The) had a negative return on equity of 14.85% and a negative net margin of 14.63%. Manitowoc Company, Inc. (The)'s revenue was down 13.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.03 earnings per share. View Manitowoc Company, Inc. (The)'s Earnings History.
When will Manitowoc Company, Inc. (The) make its next earnings announcement?
Where is Manitowoc Company, Inc. (The)'s stock going? Where will Manitowoc Company, Inc. (The)'s stock price be in 2017?
8 brokerages have issued 1-year price objectives for Manitowoc Company, Inc. (The)'s stock. Their forecasts range from $6.50 to $10.50. On average, they anticipate Manitowoc Company, Inc. (The)'s stock price to reach $8.58 in the next twelve months. View Analyst Ratings for Manitowoc Company, Inc. (The).
What are analysts saying about Manitowoc Company, Inc. (The) stock?
Here are some recent quotes from research analysts about Manitowoc Company, Inc. (The) stock:
- 1. According to Zacks Investment Research, "Manitowoc's second-quarter orders are pegged at $379.5 million, up 9% year over year despite challenging end markets. The overall global market sentiment for lattice boom crawlers and rough-terrain cranes remains soft in the quarter. Demand continues to be muted in the Americas and the Middle East region due to weak rental and used equipment. However, Manitowoc is making significant progress in the implementation of The Manitowoc Way to drive four key strategic priorities – margin expansion, growth, innovation and velocity that will aid it deliver double-digit margin growth in the long term. The company has outperformed the industry year-to-date. Its estimates have gone up lately." (10/11/2017)
- 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, Inc. (The)'s key competitors?
Some companies that are related to Manitowoc Company, Inc. (The) include SiteOne Landscape Supply (SITE), Alarm.com Holdings (ALRM), Proto Labs (PRLB), Franklin Electric Co. (FELE), iRobot Corporation (IRBT), Mueller Industries (MLI), Brady Corporation (BRC), Mueller Water Products (MWA), Albany International Corporation (AIN), SPX FLOW (FLOW), Harsco Corporation (HSC), EnPro Industries (NPO), Kaiser Aluminum Corporation (KALU), MRC Global (MRC), Actuant Corporation (ATU), Kaman Corporation (KAMN), ESCO Technologies (ESE) and Sun Hydraulics Corporation (SNHY).
Who are Manitowoc Company, Inc. (The)'s key executives?
Manitowoc Company, Inc. (The)'s management team includes the folowing people:
- Barry L. Pennypacker, President, Chief Executive Officer, Director
- David J. Antoniuk, Chief Financial Officer, Senior Vice President, Principal Accounting Officer
- Aaron H. Ravenscroft, Executive Vice President of Mobile Cranes
- Thomas G. Musial, Senior Vice President - Human Resources and Administration
- Louis F. Raymond, Vice President, General Counsel, Secretary
- Kenneth W. Krueger, Director
- Jose Maria Alapont, Independent Director
- Robert G. Bohn, Independent Director
- Donald Marion Condon Jr, Independent Director
- Anne M. Cooney, Independent Director
Who owns Manitowoc Company, Inc. (The) stock?
Manitowoc Company, Inc. (The)'s stock is owned by many different of institutional and retail investors. Top institutional investors include Alpha Windward LLC (0.04%). Company insiders that own Manitowoc Company, Inc. (The) 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, Inc. (The).
Who bought Manitowoc Company, Inc. (The) stock? Who is buying Manitowoc Company, Inc. (The) stock?
Manitowoc Company, Inc. (The)'s stock was purchased by a variety of institutional investors in the last quarter, including Alpha Windward LLC. Company insiders that have bought Manitowoc Company, Inc. (The) stock in the last two years include Aaron H Ravenscroft and Barry Pennypacker. View Insider Buying and Selling for Manitowoc Company, Inc. (The).
How do I buy Manitowoc Company, Inc. (The) stock?
Shares of Manitowoc Company, Inc. (The) can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Manitowoc Company, Inc. (The)'s stock price today?
MarketBeat Community Rating for Manitowoc Company, Inc. (The) (NYSE MTW)MarketBeat's community ratings are surveys of what our community members think about Manitowoc Company, Inc. (The) and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Manitowoc Company, Inc. (The) stock can currently be purchased for approximately $8.97.
Consensus Ratings for Manitowoc Company, Inc. (The) (NYSE:MTW) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||5 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.38)|
|Consensus Price Target: ||$8.58 (4.33% downside)|Consensus Price Target History for Manitowoc Company, Inc. (The) (NYSE:MTW)
Analysts' Ratings History for Manitowoc Company, Inc. (The) (NYSE:MTW)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/13/2017||Citigroup Inc.||Boost Price Target||Neutral||$8.50 -> $10.00||N/A|
|10/9/2017||Deutsche Bank AG||Reiterated Rating||Hold||$7.85 -> $8.07||N/A|
|10/6/2017||Jefferies Group LLC||Reiterated Rating||Buy||$10.50||N/A|
|8/17/2017||J P Morgan Chase & Co||Upgrade||Underweight -> Neutral||$6.00 -> $7.00||Low|
|8/9/2017||Credit Suisse Group||Boost Price Target||Neutral||$6.10 -> $8.00||Medium|
|8/2/2017||Robert W. Baird||Upgrade||Neutral -> Outperform||$6.00 -> $10.00||High|
|6/22/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$6.50||Medium|
|10/20/2016||Seaport Global Securities||Downgrade||Buy -> Neutral||$6.00 -> $5.00||N/A|
|10/12/2016||Barclays PLC||Lower Price Target||Equal Weight||$5.00 -> $4.00||N/A|
|5/9/2016||Stifel Nicolaus||Boost Price Target||Buy||$6.00 -> $7.00||N/A|
|3/28/2016||Goldman Sachs Group, Inc. (The)||Boost Price Target||$3.25 -> $3.75||N/A|
|1/31/2016||William Blair||Reiterated Rating||Market Perform||$14.00||N/A|
|11/3/2015||SunTrust Banks, Inc.||Initiated Coverage||Neutral||$16.00||N/A|
Earnings History for Manitowoc Company, Inc. (The) (NYSE:MTW)Earnings History by Quarter for Manitowoc Company, Inc. (The) (NYSE MTW)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/7/2017||Q2 17||($0.04)||$0.05||$396.44 million||$394.60 million||View||Listen|
|5/8/2017||Q1 2017||($0.17)||($0.17)||$336.85 million||$305.80 million||View||Listen|
|2/1/2017||Q416||($0.16)||($0.23)||$390.18 million||$378.20 million||View||Listen|
|11/1/2016||Q316||($0.25)||($0.28)||$346.47 million||$349.80 million||View||N/A|
|8/8/2016||Q216||$0.04||$0.04||$466.92 million||$457.70 million||View||N/A|
|5/4/2016||Q116||($0.02)||($0.04)||$365.29 million||$427.40 million||View||N/A|
|1/28/2016||Q415||$0.21||$0.43||$936.95 million||$934.80 million||View||Listen|
|10/28/2015||Q315||$0.10||$0.09||$888.23 million||$863.50 million||View||Listen|
|7/29/2015||Q215||$0.30||$0.22||$952.22 million||$885.40 million||View||Listen|
|4/29/2015||Q115||($0.02)||($0.05)||$762.10 million||$752.10 million||View||Listen|
|1/29/2015||Q414||$0.32||$0.27||$1.06 billion||$1,000.00 million||View||Listen|
|10/27/2014||Q314||$0.42||$0.36||$993.33 million||$986.30 million||View||Listen|
|7/30/2014||Q214||$0.41||$0.35||$1.06 billion||$1.01 billion||View||Listen|
|5/1/2014||Q114||$0.20||$0.17||$913.66 million||$850.00 million||View||Listen|
|1/31/2014||Q413||$0.34||$0.47||$1.11 billion||$1.10 billion||View||Listen|
|10/25/2013||Q313||$0.32||$0.39||$1.04 billion||$1.02 billion||View||Listen|
|7/29/2013||Q2 2013||$0.35||$0.45||$1.07 billion||$1.05 billion||View||Listen|
|4/30/2013||Q1 2013||$0.14||$0.09||$909.49 million||$898.00 million||View||Listen|
|1/31/2013||Q4 2012||$0.24||$0.27||$1.09 billion||$1.13 billion||View||Listen|
|11/5/2012||Q312||$0.29||$0.17||$1.05 billion||$955.70 million||View||N/A|
Earnings Estimates for Manitowoc Company, Inc. (The) (NYSE:MTW)
2017 EPS Consensus Estimate: ($0.20)
2018 EPS Consensus Estimate: ($0.01)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Manitowoc Company, Inc. (The) (NYSE:MTW)
|Most Recent Dividend:||12/10/2015|
|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 History by Quarter for Manitowoc Company, Inc. (The) (NYSE MTW)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Manitowoc Company, Inc. (The) (NYSE:MTW)
Insider Ownership Percentage: 2.82%Insider Trades by Quarter for Manitowoc Company, Inc. (The) (NYSE:MTW)
Institutional Ownership Percentage: 80.91%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/27/2017||Lawrence Joseph Weyers||Insider||Sell||8,200||$6.30||$51,660.00|| |
|2/27/2017||Louis F Raymond||VP||Sell||5,200||$6.29||$32,708.00|| |
|2/21/2017||Aaron H Ravenscroft||Insider||Buy||5,000||$6.57||$32,850.00|| |
|2/15/2017||Thomas G Musial||SVP||Sell||23,000||$6.70||$154,100.00|| |
|2/14/2017||Barry Pennypacker||CEO||Buy||78,000||$6.33||$493,740.00|| |
|2/16/2016||Carl J. Laurino||CFO||Sell||5,803||$15.18||$88,089.54|| |
|2/16/2016||Maurice D. Jones||SVP||Sell||4,857||$15.23||$73,972.11|| |
|9/11/2015||Maurice D Jones||SVP||Sell||1,100||$16.57||$18,227.00|| |
|6/4/2015||Maurice D Jones||SVP||Sell||2,500||$20.04||$50,100.00|| |
|3/5/2015||Kenneth W Krueger||Director||Sell||4,600||$22.60||$103,960.00|| |
|3/3/2015||Carl J Laurino||CFO||Sell||33,532||$22.48||$753,799.36|| |
|2/26/2015||Lawrence Joseph Weyers||SVP||Sell||1,743||$21.97||$38,293.71|| |
|2/25/2015||Carl J Laurino||CFO||Sell||6,348||$21.79||$138,322.92|| |
|2/25/2015||Glen E Tellock||CEO||Sell||33,658||$21.77||$732,734.66|| |
|2/25/2015||Robert M Hund||SVP||Sell||1,220||$21.73||$26,510.60|| |
|11/10/2014||Eric Etchart||VP||Sell||4,528||$21.70||$98,257.60|| |
|6/27/2014||Eric Etchart||VP||Sell||31,148||$32.31||$1,006,391.88|| |
|6/9/2014||Maurice D Jones||SVP||Sell||26,332||$30.00||$789,960.00|| |
|6/6/2014||Eric Etchart||VP||Sell||20,152||$29.50||$594,484.00|| |
|6/5/2014||Eric Etchart||VP||Sell||20,151||$28.50||$574,303.50|| |
|3/11/2014||Thomas Musial||SVP||Sell||32,000||$31.38||$1,004,160.00|| |
|2/26/2014||Eric Etchart||VP||Sell||11,550||$30.70||$354,585.00|| |
|2/7/2014||Kenneth Krueger||Director||Sell||3,600||$28.00||$100,800.00|| |
|2/5/2014||Carl Laurino||CFO||Sell||3,093||$27.37||$84,655.41|| |
|2/5/2014||Glen Tellock||CEO||Sell||17,976||$27.34||$491,463.84|| |
|2/5/2014||Thomas Musial||SVP||Sell||2,754||$27.42||$75,514.68|| |
|1/31/2014||Dean Nolden||VP||Sell||6,000||$26.50||$159,000.00|| |
|1/10/2014||Dean Nolden||VP||Sell||3,000||$25.00||$75,000.00|| |
|1/7/2014||Glen Tellock||CEO||Sell||314,713||$23.08||$7,263,576.04|| |
|12/18/2013||Dean Nolden||VP||Sell||3,000||$22.00||$66,000.00|| |
|8/13/2013||Robert Stift||Director||Sell||10,000||$21.04||$210,400.00|| |
|5/28/2013||Kenneth W Krueger||Director||Sell||1,669||$20.04||$33,446.76|| |
|5/23/2013||Kenneth W Krueger||Director||Sell||1,831||$20.00||$36,620.00|| |
|8/9/2012||Carl J Laurino||CFO||Sell||22,733||$13.06||$296,892.98|| |
Headline Trends for Manitowoc Company, Inc. (The) (NYSE:MTW)
Latest Headlines for Manitowoc Company, Inc. (The) (NYSE:MTW)
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Manitowoc Company, Inc. (The) (MTW) Chart for Sunday, October, 22, 2017