NYSE:MTWManitowoc Stock Price, Forecast & News

Manitowoc's stock was trading at $10.48 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MTW stock has decreased by 3.8% and is now trading at $10.08.
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11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manitowoc in the last year. There are currently 1 sell rating, 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Manitowoc.

Manitowoc is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Manitowoc.

Manitowoc Company Inc (NYSE:MTW) issued its quarterly earnings data on Wednesday, August, 5th. The industrial products company reported ($0.47) earnings per share for the quarter, beating the consensus estimate of ($0.53) by $0.06. The industrial products company had revenue of $328.30 million for the quarter, compared to analyst estimates of $271.42 million. Manitowoc had a net margin of 0.43% and a return on equity of 1.48%.
View Manitowoc's earnings history.

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

11 brokerages have issued 1-year price targets for Manitowoc's stock. Their forecasts range from $10.00 to $20.00. On average, they expect Manitowoc's share price to reach $14.75 in the next twelve months. This suggests a possible upside of 46.3% from the stock's current price.
View analysts' price targets for Manitowoc.

News coverage about MTW stock has been trending very positive this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Manitowoc earned a coverage optimism score of 3.2 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days.
View the latest news about Manitowoc.

Manitowoc saw a drop in short interest in the month of July. As of July 31st, there was short interest totaling 997,600 shares, a drop of 8.5% from the July 15th total of 1,090,000 shares. Based on an average daily volume of 392,200 shares, the short-interest ratio is presently 2.5 days. Approximately 3.0% of the shares of the company are sold short.
View Manitowoc's Short Interest.

Some companies that are related to Manitowoc include Caterpillar (CAT), Deere & Company (DE), PACCAR (PCAR), Cummins (CMI), Westinghouse Air Brake Technologies (WAB), Toro (TTC), Oshkosh (OSK), AGCO (AGCO), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Terex (TEX), Alamo Group (ALG) and Astec Industries (ASTE).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Manitowoc investors own include Welbilt (WBT), Caterpillar (CAT), Gilead Sciences (GILD), Allergan (AGN), Costco Wholesale (COST), Micron Technology (MU), Applied Materials (AMAT), Cisco Systems (CSCO), General Electric (GE) and AT&T (T).

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

Manitowoc's stock is owned by many different institutional and retail investors. Top institutional shareholders include TCW Group Inc. (0.41%), Russell Investments Group Ltd. (0.40%), Swiss National Bank (0.23%), Mutual Advisors LLC (0.17%), Summit Place Financial Advisors LLC (0.14%) and Hancock Whitney Corp (0.10%). Company insiders that own Manitowoc stock include Aaron H Ravenscroft, Barry Pennypacker, David J Antoniuk and Kenneth W Krueger.
View institutional ownership trends for Manitowoc.

MTW stock was sold by a variety of institutional investors in the last quarter, including TCW Group Inc., Trexquant Investment LP, UBS Group AG, Hancock Whitney Corp, and New York State Common Retirement Fund.
View insider buying and selling activity for Manitowoc.

MTW stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Summit Place Financial Advisors LLC, Swiss National Bank, Mutual Advisors LLC, SG Americas Securities LLC, New York State Teachers Retirement System, and Zurcher Kantonalbank Zurich Cantonalbank .
View insider buying and selling activity for 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.

One share of MTW stock can currently be purchased for approximately $10.08.

Manitowoc has a market capitalization of $347.96 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. Manitowoc employs 4,900 workers across the globe.

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

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]