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NYSE:MTW

The Manitowoc Stock Forecast, Price & News

$11.53
+0.07 (+0.61 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$11.45
Now: $11.53
$11.62
50-Day Range
$7.53
MA: $9.50
$11.97
52-Week Range
$7.24
Now: $11.53
$17.78
Volume158,010 shs
Average Volume424,703 shs
Market Capitalization$398.47 million
P/E RatioN/A
Dividend YieldN/A
Beta2
The Manitowoc Company, Inc. provides engineered lifting equipment for the construction industry 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 telescopic cranes under the Grove, Shuttlelift, and National Crane brands; and a hydraulically powered telescopic boom trucks under the National Crane brand. The company also provides crane product parts and services; and crane rebuilding, remanufacturing, and training services under the Manitowoc Crane Care brand. Its products are used in various applications, including energy production/distribution and utilities; petrochemical and industrial projects; infrastructure applications, such as road, bridge, and airport construction; and commercial and high-rise residential construction. The company was founded in 1902 and is headquartered in Milwaukee, Wisconsin.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.44 out of 5 stars


Industry, Sector and Symbol

Industry Construction machinery
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
CUSIP56357110
Phone414-760-4600
Employees4,900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.83 billion
Cash Flow$4.37 per share
Book Value$18.27 per share

Profitability

Net Income$46.60 million

Miscellaneous

Market Cap$398.47 million
Next Earnings Date2/4/2021 (Estimated)
OptionableOptionable
$11.53
+0.07 (+0.61 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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The Manitowoc (NYSE:MTW) Frequently Asked Questions

How has The Manitowoc's stock price been impacted by Coronavirus (COVID-19)?

The Manitowoc's stock was trading at $10.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MTW shares have increased by 10.0% and is now trading at $11.53.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of The Manitowoc?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Manitowoc in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for The Manitowoc
.

What stocks does MarketBeat like better than The Manitowoc?

Wall Street analysts have given The Manitowoc a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The Manitowoc wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is The Manitowoc's next earnings date?

The Manitowoc is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for The Manitowoc
.

How were The Manitowoc's earnings last quarter?

The Manitowoc Company, Inc. (NYSE:MTW) issued its earnings results on Monday, November, 9th. The industrial products company reported $0.10 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.29) by $0.39. The industrial products company had revenue of $355.60 million for the quarter, compared to analysts' expectations of $312.59 million. The Manitowoc had a negative return on equity of 1.02% and a negative net margin of 0.79%. The company's revenue was down 20.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.54 earnings per share.
View The Manitowoc's earnings history
.

When did The Manitowoc's stock split? How did The Manitowoc's stock split work?

The 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 The Manitowoc stock prior to the reverse split would have 25 shares after the split.

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

The Manitowoc updated its fourth quarter 2020 After-Hours earnings guidance on Wednesday, November, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $425-450 million, compared to the consensus revenue estimate of $360.04 million.

What price target have analysts set for MTW?

6 Wall Street analysts have issued 1 year price targets for The Manitowoc's stock. Their forecasts range from $10.00 to $20.00. On average, they anticipate The Manitowoc's share price to reach $13.67 in the next year. This suggests a possible upside of 18.5% from the stock's current price.
View analysts' price targets for The Manitowoc
.

Are investors shorting The Manitowoc?

The Manitowoc saw a increase in short interest in October. As of October 30th, there was short interest totaling 965,600 shares, an increase of 13.4% from the October 15th total of 851,700 shares. Based on an average trading volume of 341,800 shares, the short-interest ratio is presently 2.8 days. Approximately 2.9% of the company's shares are sold short.
View The Manitowoc's Short Interest
.

Who are some of The Manitowoc's key competitors?

What other stocks do shareholders of The Manitowoc own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The 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 The Manitowoc's key executives?

The Manitowoc's management team includes the following people:
  • Mr. Aaron H. Ravenscroft, Pres, CEO & Director (Age 42, Pay $1.59M)
  • Mr. David J. Antoniuk, Sr. VP & CFO (Age 62, Pay $1.39M)
  • Mr. Thomas L. Doerr Jr., Exec. VP, Gen. Counsel & Sec. (Age 45, Pay $868.31k)
  • Mr. Terrance L. Collins, Exec. VP of HR (Age 55, Pay $814.73k)
  • Mr. Barry L. Pennypacker, Advisor (Age 59, Pay $3.17M)
  • Mr. Brian P. Regan, VP, Corp. Controller & Principal Accounting Officer (Age 47)
  • Mr. Ion M. Warner, VP of Marketing & Investor Relations
  • Mr. Leslie L. Middleton, Exec. VP Mobile Cranes

What is The Manitowoc's stock symbol?

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

Who are The Manitowoc's major shareholders?

The Manitowoc's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.96%), Front Street Capital Management Inc. (5.29%), Segall Bryant & Hamill LLC (2.57%), State Street Corp (2.41%), Firefly Value Partners LP (2.03%) and Charles Schwab Investment Management Inc. (1.15%). Company insiders that own The Manitowoc stock include Aaron H Ravenscroft, Barry Pennypacker, David J Antoniuk and Kenneth W Krueger.
View institutional ownership trends for The Manitowoc
.

Which major investors are selling The Manitowoc stock?

MTW stock was sold by a variety of institutional investors in the last quarter, including Firefly Value Partners LP, AQR Capital Management LLC, BlackRock Inc., Acadian Asset Management LLC, Arrowstreet Capital Limited Partnership, JPMorgan Chase & Co., State Street Corp, and TCW Group Inc..
View insider buying and selling activity for The Manitowoc
.

Which major investors are buying The Manitowoc stock?

MTW stock was acquired by a variety of institutional investors in the last quarter, including Segall Bryant & Hamill LLC, Front Street Capital Management Inc., Cubist Systematic Strategies LLC, First Trust Advisors LP, Jupiter Asset Management Ltd., Assenagon Asset Management S.A., GSA Capital Partners LLP, and Morgan Stanley.
View insider buying and selling activity for The Manitowoc
.

How do I buy shares of The Manitowoc?

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

What is The Manitowoc's stock price today?

One share of MTW stock can currently be purchased for approximately $11.53.

How big of a company is The Manitowoc?

The Manitowoc has a market capitalization of $398.47 million and generates $1.83 billion in revenue each year. The industrial products company earns $46.60 million in net income (profit) each year or $1.89 on an earnings per share basis. The Manitowoc employs 4,900 workers across the globe.

What is The Manitowoc's official website?

The official website for The Manitowoc is www.manitowoccranes.com.

How can I contact The Manitowoc?

The Manitowoc's mailing address is 11270 West Park Place Suite 1000, Milwaukee WI, 53224. The industrial products company can be reached via phone at 414-760-4600 or via email at [email protected]

This page was last updated on 11/28/2020 by MarketBeat.com Staff

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