Manitowoc Company Company Profile (NYSE:MTW)

About Manitowoc Company

Manitowoc Company logoThe Manitowoc Company, Inc. (MTW) is a multi-industry, capital goods manufacturer. The Company operates in two principal markets: Cranes and Related Products (Crane) and Foodservice Equipment (Foodservice). Crane is a provider of engineered lifting equipment for the global construction industry, including lattice-boom cranes, tower cranes, mobile telescopic cranes and boom trucks. Foodservice is a manufacturer of commercial foodservice equipment serving the ice, beverage, refrigeration, food-preparation, holding and cooking needs of restaurants, convenience stores, hotels, healthcare and institutional applications. Its Crane products are marketed under the Manitowoc, Grove, National Crane, Shuttlelift and Manitowoc Crane Care brand names. Its Foodservice products, services and solutions are marketed under brands, including Cleveland, Dean, Inducs, Kolpak, Koolaire, Garland, Lincoln, Manitowoc Beverage Systems, Manitowoc Ice, Multiplex, RDI Systems, U.S. Range, Servend and Welbilt.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Farm & Construction Machinery
  • Sub-Industry: Construction & Farm Machinery & Heavy Trucks
  • Exchange: NYSE
  • Symbol: MTW
  • CUSIP: 56357110
Key Metrics:
  • Previous Close: $6.54
  • 50 Day Moving Average: $6.34
  • 200 Day Moving Average: $5.33
  • 52-Week Range: $3.31 - $7.57
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 221.00
  • P/E Growth: 0.59
  • Market Cap: $920.82M
  • Outstanding Shares: 138,887,000
  • Beta: 1.81
  • 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%
Additional Links:
Companies Related to Manitowoc Company:

Analyst Ratings

Consensus Ratings for Manitowoc Company (NYSE:MTW) (?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.18)
Consensus Price Target: $5.15 (22.34% downside)

Analysts' Ratings History for Manitowoc Company (NYSE:MTW)
DateFirmActionRatingPrice TargetDetails
2/3/2017Jefferies Group LLCBoost Price TargetBuy$7.00 -> $7.25View Rating Details
12/9/2016OTR GlobalUpgradePositiveView Rating Details
12/9/2016J P Morgan Chase & CoDowngradeNeutral -> Underweight$5.00View Rating Details
11/10/2016Credit Suisse GroupSet Price TargetHold$4.00View Rating Details
10/20/2016Seaport Global SecuritiesDowngradeBuy -> Neutral$6.00 -> $5.00View Rating Details
10/12/2016Deutsche Bank AGLower Price TargetHold$5.25 -> $4.84View Rating Details
10/12/2016Barclays PLCLower Price TargetEqual Weight$5.00 -> $4.00View Rating Details
8/10/2016Citigroup Inc.Lower Price TargetNeutral$6.00 -> $5.50View Rating Details
5/9/2016Stifel NicolausBoost Price TargetBuy$6.00 -> $7.00View Rating Details
5/8/2016Robert W. BairdReiterated RatingHoldView Rating Details
3/28/2016Goldman Sachs Group, Inc. (The)Boost Price Target$3.25 -> $3.75View Rating Details
1/31/2016William BlairReiterated RatingMarket Perform$14.00View Rating Details
12/3/2015Royal Bank Of CanadaReiterated RatingSector Perform$23.00 -> $20.00View Rating Details
11/3/2015SunTrust Banks, Inc.Initiated CoverageNeutral$16.00View Rating Details
10/21/2015Morgan StanleyDowngradeOverweight -> Equal Weight$24.00 -> $14.00View Rating Details
7/30/2015BB&T CorporationDowngradeBuy -> HoldView Rating Details
(Data available from 2/22/2015 forward)


Earnings History for Manitowoc Company (NYSE:MTW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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$0.25$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$0.42$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)
Current Year EPS Consensus Estimate: $-0.26 EPS
Next Year EPS Consensus Estimate: $0.03 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20167($0.03)$0.08$0.03
Q2 20165$0.02$0.20$0.08
Q3 20165($0.29)$0.02($0.12)
Q4 20165($0.20)$0.06($0.13)
Q1 20174($0.15)($0.08)($0.11)
Q2 20174($0.04)$0.02($0.02)
Q3 20174($0.05)$0.00($0.03)
Q4 20174($0.03)$0.12$0.02
(Data provided by Zacks Investment Research)


Current Dividend Information for Manitowoc Company (NYSE:MTW)
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Based on Trailing 12 Months of Earnings)
0.00% (Based on Current Year Consensus EPS Estimate)
0.00% (Based on Next Year Consensus EPS Estimate)

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

Insider Trades

Insider Trading History for Manitowoc Company (NYSE:MTW)
Insider Ownership Percentage: 3.36%
Institutional Ownership Percentage: 75.10%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for Manitowoc Company (NYSE:MTW)
News IconManitowoc Company Inc (NYSE:MTW) Price Target & Session Check - Rockville Register (NYSE:MTW) - February 22 at 8:36 AM
News IconInvestors are Watching Shares of The Manitowoc Company, Inc. (NYSE:MTW) - BVN (NYSE:MTW) - February 22 at 8:36 AM
News IconManitowoc Company, Inc. (The) (NYSE:MTW) News Impact Score At 91 - Stock Observer (NYSE:MTW) - February 13 at 7:51 PM
News IconManitowoc Company, Inc. (The) (NYSE:MTW) Stock Price Target Given At $5.345 - Transcript Daily (NYSE:MTW) - February 12 at 6:33 PM
News IconManitowoc Company, Inc. (The) (NYSE:MTW) EPS Forecast Given As $0.035 - Transcript Daily (NYSE:MTW) - February 12 at 4:50 AM
News IconBullish Target Of Manitowoc Company, Inc. (The) (NYSE:MTW) At ... - Stock Observer (NYSE:MTW) - February 12 at 4:50 AM
News IconForward Earnings Estimate of Manitowoc Company, Inc. (The)(MTW) - Highland Mirror (NYSE:MTW) - February 12 at 4:50 AM
News IconThe Manitowoc Company, Inc. (NYSE:MTW) has Current Market Capitalizaion of $874.99 Million - The Newburgh Press (NYSE:MTW) - February 10 at 12:44 AM logoIs There Any Growth Left for Manitowoc's Stock in 2017? (NYSE:MTW) - February 9 at 12:09 PM
News IconThe Manitowoc Company, Inc. (NYSE:MTW) Institutional Ownership stands at 77.1 - The Newburgh Press (NYSE:MTW) - February 8 at 1:02 AM logoThe Manitowoc Co., Inc. :MTW-US: Earnings Analysis: Q4, 2016 By the Numbers : February 6, 2017 (NYSE:MTW) - February 6 at 9:44 AM logoWhy Manitowoc Stock Jumped 14.2% in January (NYSE:MTW) - February 4 at 9:16 AM
News IconEarnings History of The Manitowoc Company, Inc. (NYSE:MTW) (NYSE:MTW) - February 3 at 7:27 PM logoThe Manitowoc Co., Inc. :MTW-US: Earnings Analysis: 2016 By the Numbers : February 3, 2017 (NYSE:MTW) - February 3 at 7:27 PM logoManitowoc Company, Inc. 2016 Q4 - Results - Earnings Call Slides (NYSE:MTW) - February 3 at 12:35 AM logoEdited Transcript of MTW earnings conference call or presentation 2-Feb-17 3:00pm GMT (NYSE:MTW) - February 3 at 12:35 AM
News IconEarnings Forecast Research on Manitowoc Company, Inc. (The) (MTW) - Morning Outlook (NYSE:MTW) - February 2 at 7:34 PM
News IconThe Stock In Focus – Manitowoc Company, Inc. (The) (NYSE:MTW) - Transcript Daily (NYSE:MTW) - February 2 at 7:34 PM logoWhy Manitowoc Stock Fell as Much as 14.3% Today (NYSE:MTW) - February 2 at 7:34 PM
News IconUpward Mounting Stock Reaches New Heights: The Manitowoc Company, Inc. (NYSE:MTW) (NYSE:MTW) - February 2 at 12:48 AM
News IconInvestor's Watch on Overbuying: Manitowoc Company Inc (NYSE:MTW) (NYSE:MTW) - February 2 at 12:48 AM
News IconPopular Industrial Goods stock to Observe: The Manitowoc Company, Inc.'s (MTW) (NYSE:MTW) - February 2 at 12:48 AM
News IconManitowoc Company Inc (MTW) Releases Earnings Results, Misses Expectations By $-0.08 EPS (NYSE:MTW) - February 2 at 12:48 AM logoManitowoc Projects FY17 Revenue To Be Down Approx. 8-10% (NYSE:MTW) - February 1 at 7:46 PM logoManitowoc : reports 4Q loss (NYSE:MTW) - February 1 at 7:46 PM logoManitowoc Projects FY17 Revenue To Be Down Approx. 8-10% - Quick Facts (NYSE:MTW) - February 1 at 7:46 PM logoEARNINGS SUMMARY: Details of Manitowoc Company Inc. Q4 Earnings Report (NYSE:MTW) - February 1 at 7:46 PM logoQ4 2016 Manitowoc Company Inc Earnings Release - After Market Close (NYSE:MTW) - February 1 at 7:46 PM logoThe Manitowoc Company Reports Fourth-Quarter 2016 Financial Results and Full Year 2017 Guidance (NYSE:MTW) - February 1 at 7:46 PM logo4:11 pm Manitowoc misses by $0.08, misses on revs; guides FY17 revs below consensus (NYSE:MTW) - February 1 at 7:46 PM logoShares of Manitowoc Co. down 5% on wider-than-expected earnings loss (NYSE:MTW) - February 1 at 7:46 PM logoManitowoc reports 4Q loss (NYSE:MTW) - February 1 at 7:46 PM logoManitowoc -5% following dismal Q4 results, weak 2017 consensus (NYSE:MTW) - February 1 at 6:38 PM logoManitowoc Company, Inc. (The) (NYSE:MTW) Deferred Tax Assets At $67.4 Millions - (NYSE:MTW) - January 30 at 9:34 AM logoThe Manitowoc Company (MTW) in Focus: Stock Gains 7.5% (NYSE:MTW) - January 30 at 9:34 AM
News IconStock Going Gangbusters Mid-Session: The Manitowoc Company, Inc. (NYSE:MTW) - Wall Street Beacon (NYSE:MTW) - January 28 at 2:01 AM
News IconStock Perspective: Manitowoc Company Inc (NYSE:MTW) Company Earnings Watch - Aiken Advocate (NYSE:MTW) - January 26 at 10:28 PM
News IconManitowoc Company, Inc. (The) (NYSE:MTW) News Impact Score At 85 - Stock Observer (NYSE:MTW) - January 24 at 6:45 AM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: The Manitowoc Company, Inc. (NYSE:MTW) - Wall Street Beacon (NYSE:MTW) - January 22 at 6:32 PM
News IconManitowoc Company, Inc. (The) (NYSE:MTW):Brokerage Firm Rating Analysis - Highland Mirror (NYSE:MTW) - January 21 at 6:29 PM
News IconManitowoc Company, Inc. (The) (NYSE:MTW) Rating Fixed At 2.8 - Stock Observer (NYSE:MTW) - January 21 at 6:29 PM
News IconThe Manitowoc Company, Inc. (NYSE:MTW) Insider Ownership stands at 0.1 - The Newburgh Press (NYSE:MTW) - January 20 at 3:12 AM logoThe Manitowoc Company Schedules Fourth-quarter 2016 Earnings Announcement and Conference Call - Business Wire (press release) (NYSE:MTW) - January 20 at 3:12 AM logoThe Manitowoc Company Schedules Fourth-quarter 2016 Earnings Announcement and Conference Call (NYSE:MTW) - January 19 at 10:11 PM
News IconManitowoc Company, Inc. (The) (NYSE:MTW) Price Target Predicted At $5.085 - Transcript Daily (NYSE:MTW) - January 19 at 5:20 AM
News IconNotable Ownership Action: Manitowoc Co Inc (NYSE:MTW ... - Baxley Report (NYSE:MTW) - January 19 at 5:20 AM logoBRIEF-Broadwind Energy announced $28 mln in new tower orders (NYSE:MTW) - January 18 at 7:28 AM
News IconConsensus Take: Manitowoc Company Inc (NYSE:MTW) Earnings & Ratings Watch - Aiken Advocate (NYSE:MTW) - January 17 at 7:02 PM
News IconChecking Out the Technicals for The Manitowoc Company, Inc. (MTW) - The USA Commerce (NYSE:MTW) - January 17 at 11:37 AM logoQuarterly Deferred Tax Assets Of Manitowoc Company, Inc. (The ... - (NYSE:MTW) - January 16 at 5:56 AM


What is Manitowoc Company's stock symbol?

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

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

11 equities research analysts have issued 1 year price objectives for Manitowoc Company's stock. Their predictions range from $3.75 to $7.25. On average, they expect Manitowoc Company's stock price to reach $5.15 in the next twelve months.

When will Manitowoc Company announce their earnings?

Manitowoc Company is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

What are analysts saying about Manitowoc Company stock?

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

  • 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)
  • According to Zacks Investment Research, "Manitowoc has grossly underperformed the Zacks categorized sub industry year to date. The mobile crane market continued its downward trend in the quarter due to the weak global oil and gas market, along with lower used equipment prices, continues to hurt demand. For the fourth quarter, Manitowoc anticipates revenues to decline 25–30% year over year and adjusted operating loss margin to lie between 4% and 6%, reflecting the weak mobile crane market and the negative impact on planned absorption from the reduced build schedules. In line with its four-phase growth plan, the company has undertaken steps to balance capacity with demand in North America, total savings from which will be $20 million to be realized in 2016. Innovation will remain critical for Manitowoc’s long-term success. Its estimates have gone up lately." (1/23/2017)

Who owns Manitowoc Company stock?

Manitowoc Company's stock is owned by many different of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (3.87%), Investec Asset Management LTD (3.58%), Southpoint Capital Advisors LP (3.24%), FMR LLC (2.01%), State Street Corp (1.65%) and Van Den Berg Management I Inc. (1.13%). Company insiders that own Manitowoc Company stock include Aaron H Ravenscroft, Barry Pennypacker, Carl J Laurino, Glen E Tellock, Kenneth W Krueger, Lawrence Joseph Weyers, Maurice D Jones, Robert M Hund and Thomas G Musial.

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 Renaissance Technologies LLC, AQR Capital Management LLC, CNH Partners LLC, Investec Asset Management LTD, Sii Investments Inc. WI, Van Den Berg Management I Inc., Horizon Kinetics LLC and Associated Banc Corp.

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

Manitowoc Company's stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Southpoint Capital Advisors LP, Discovery Group I LLC, Dimensional Fund Advisors LP, Russell Investments Group Ltd., TCW Group Inc., State Street Corp and JHL Capital Group LLC. Company insiders that have bought Manitowoc Company stock in the last two years include Aaron H Ravenscroft and Barry Pennypacker.

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 $6.63.

Manitowoc Company (NYSE:MTW) Chart for Wednesday, February, 22, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Manitowoc Company (NYSE:MTW)

Earnings History Chart

Earnings by Quarter for Manitowoc Company (NYSE:MTW)

Dividend History Chart

Dividend Payments by Quarter for Manitowoc Company (NYSE:MTW)

Last Updated on 2/22/2017 by Staff