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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
AI Stock Caught Trading Under Secret Name (Ad)
AI powerhouse NVIDIA will hit $1000 soon
Roku stock and the mother of all entry opportunities
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
AI Stock Caught Trading Under Secret Name (Ad)
AI powerhouse NVIDIA will hit $1000 soon
Roku stock and the mother of all entry opportunities
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
AI Stock Caught Trading Under Secret Name (Ad)
AI powerhouse NVIDIA will hit $1000 soon
Roku stock and the mother of all entry opportunities
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
NYSE:MTW

Manitowoc (MTW) Stock Price, News & Analysis

$13.10
-0.48 (-3.53%)
(As of 02/22/2024 ET)
Today's Range
$13.08
$13.80
50-Day Range
$13.10
$17.44
52-Week Range
$12.20
$20.20
Volume
540,322 shs
Average Volume
286,453 shs
Market Capitalization
$459.55 million
P/E Ratio
12.02
Dividend Yield
N/A
Price Target
$17.29

Manitowoc MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.80 Rating Score
Upside/​Downside
32.0% Upside
$17.29 Price Target
Short Interest
Healthy
2.95% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.83
Upright™ Environmental Score
News Sentiment
0.03mentions of Manitowoc in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
19.26%
From $1.35 to $1.61 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.

4.44 out of 5 stars

Industrial Products Sector

26th out of 168 stocks

Construction Machinery Industry

3rd out of 6 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, and the Asia Pacific. 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 remanufacturing, and training services. Its crane products are used in various applications, including energy production/distribution and utilities; petrochemical and industrial projects; infrastructure, such as road, bridge, and airport construction; and commercial and high-rise 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 (NYSE:MTW) Stock Rating Lowered by StockNews.com
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE!
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets…FOR FREE!
Q4 2023 Manitowoc Company Inc Earnings Call
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE!
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets…FOR FREE!
Manitowoc (NYSE:MTW) Shares Gap Down on Disappointing Earnings
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
A Preview Of Manitowoc Co's Earnings
StockNews.com Downgrades Manitowoc (NYSE:MTW) to Hold
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Today
2/22/2024
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
$17.29
High Stock Price Target
$22.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+32.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.80
Research Coverage
5 Analysts

Profitability

Net Income
$39.20 million
Pretax Margin
-4.16%

Debt

Sales & Book Value

Annual Sales
$2.23 billion
Cash Flow
$2.86 per share
Book Value
$15.28 per share

Miscellaneous

Free Float
34,201,000
Market Cap
$459.55 million
Optionable
Optionable
Beta
2.11

Social Links

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Key Executives

  • Mr. Aaron H. Ravenscroft (Age 46)
    President, CEO & Director
    Comp: $2.09M
  • Mr. Brian P. Regan (Age 50)
    Executive VP, CFO & Principal Financial Officer
    Comp: $834.64k
  • Ms. Jennifer L. Peterson (Age 47)
    Executive VP, General Counsel & Secretary
    Comp: $561.44k
  • Mr. Leslie L. Middleton (Age 54)
    Executive Vice President of Americas & EU Mobile Cranes
    Comp: $803.6k
  • Mr. Ryan M. Palmer (Age 34)
    VP, Corporate Controller & Principal Accounting Officer
  • Mr. Ion M. Warner
    Vice President of Marketing & Investor Relations
  • Mr. James S. Cook
    Executive Vice President of Human Resources














MTW Stock Analysis - Frequently Asked Questions

Should I buy or sell Manitowoc stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Manitowoc in the last year. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" MTW shares.
View MTW analyst ratings
or view top-rated stocks.

What is Manitowoc's stock price target for 2024?

5 brokers have issued 12-month price targets for Manitowoc's shares. Their MTW share price targets range from $15.00 to $22.00. On average, they predict the company's stock price to reach $17.29 in the next year. This suggests a possible upside of 32.0% 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 21.5% and is now trading at $13.10.
View the best growth stocks for 2024 here
.

Are investors shorting Manitowoc?

Manitowoc saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 1,010,000 shares, an increase of 59.4% from the January 15th total of 633,500 shares. Based on an average daily volume of 271,900 shares, the short-interest ratio is presently 3.7 days. Approximately 3.0% 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 quarterly 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 earned $595.80 million during the quarter, compared to the consensus estimate of $583.90 million. Manitowoc had a trailing twelve-month return on equity of 9.59% and a net margin of 1.76%. Manitowoc's revenue was down 4.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.74 EPS.

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's stock reverse split on the morning of 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 market closes 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 issued an update on its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided EPS guidance of 0.950-1.550 for the period, compared to the consensus EPS 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 investors include Vanguard Group Inc. (6.60%), Dimensional Fund Advisors LP (6.53%), Charles Schwab Investment Management Inc. (2.21%), Assenagon Asset Management S.A. (1.47%), Bridgeway Capital Management LLC (1.37%) and Federated Hermes Inc. (1.10%). 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 2/23/2024 by MarketBeat.com Staff