NYSE:MTW Manitowoc Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Manitowoc Company Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $9.17 +0.05 (+0.55 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$8.96Now: $9.17▼$9.5850-Day Range$8.30MA: $9.80▼$11.2052-Week Range$7.24Now: $9.17▼$17.78Volume856,957 shsAverage Volume448,829 shsMarket Capitalization$316.56 millionP/E Ratio50.95Dividend YieldN/ABeta1.91 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 brand; and a line of 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 Manitowoc Company, Inc. was founded in 1902 and is headquartered in Milwaukee, Wisconsin.Read More Beat the Market (BTM) Rank™ 3.1 Analyst's Opinion Consensus RatingManitowoc has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.14, Manitowoc has a forecasted upside of 54.2% from its current price of $9.17.Amount of Analyst CoverageManitowoc has only been the subject of 4 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesManitowoc has received 427 “outperform” votes. (Add your “outperform” vote.)Underperform VotesManitowoc has received 565 “underperform” votes. (Add your “underperform” vote.)Community SentimentManitowoc has received 56.96% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Manitowoc and other stocks. Vote “Outperform” if you believe MTW will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MTW will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldManitowoc does not currently pay a dividend.Dividend GrowthManitowoc does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Manitowoc insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.60% of the stock of Manitowoc is held by insiders.Percentage Held by Institutions74.85% of the stock of Manitowoc is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Manitowoc are expected to grow in the coming year, from ($1.02) to $0.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Manitowoc is 50.95, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.91.Price to Earnings Ratio vs. SectorThe P/E ratio of Manitowoc is 50.95, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 28.20.Price to Book Value per Share RatioManitowoc has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.52 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Construction machinery Sub-IndustryConstruction & Farm Machinery & Heavy Trucks SectorIndustrial Products Current SymbolNYSE:MTW Previous Symbol CUSIP56357110 CIK61986 Webwww.manitowoccranes.com Phone414-760-4600Debt Debt-to-Equity Ratio0.58 Current Ratio2.10 Quick Ratio0.83Price-To-Earnings Trailing P/E Ratio50.95 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.83 billion Price / Sales0.17 Cash Flow$3.25 per share Price / Cash Flow2.82 Book Value$18.27 per share Price / Book0.50Profitability EPS (Most Recent Fiscal Year)$1.89 Net Income$46.60 million Net Margins0.43% Return on Equity1.49% Return on Assets0.58%Miscellaneous Employees4,900 Outstanding Shares34,521,000Market Cap$316.56 million Next Earnings Date11/5/2020 (Estimated) OptionableOptionable $9.17 +0.05 (+0.55 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MTW News and Ratings via Email Sign-up to receive the latest news and ratings for MTW and its competitors with MarketBeat's FREE daily newsletter. Manitowoc (NYSE:MTW) Frequently Asked Questions How has Manitowoc's stock been impacted by COVID-19? Manitowoc's stock was trading at $10.48 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MTW stock has decreased by 12.5% and is now trading at $9.17. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Manitowoc? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manitowoc in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Manitowoc. When is Manitowoc's next earnings date? Manitowoc is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020. View our earnings forecast for Manitowoc. How were Manitowoc's earnings last quarter? Manitowoc Company Inc (NYSE:MTW) issued its quarterly earnings results on Wednesday, August, 5th. The industrial products company reported ($0.47) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.53) by $0.06. The industrial products company earned $328.30 million during the quarter, compared to analyst estimates of $271.42 million. Manitowoc had a net margin of 0.43% and a return on equity of 1.49%. View Manitowoc's earnings history. When did Manitowoc's stock split? How did Manitowoc's stock split work? Manitowoc's stock reverse split before market open 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 market closes 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. What price target have analysts set for MTW? 8 analysts have issued 12 month target prices for Manitowoc's stock. Their forecasts range from $10.00 to $20.00. On average, they expect Manitowoc's share price to reach $14.14 in the next twelve months. This suggests a possible upside of 54.2% from the stock's current price. View analysts' price targets for Manitowoc. Are investors shorting Manitowoc? Manitowoc saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,050,000 shares, an increase of 20.7% from the August 15th total of 870,100 shares. Based on an average daily volume of 321,100 shares, the days-to-cover ratio is presently 3.3 days. Approximately 3.1% of the shares of the stock are sold short. View Manitowoc's Short Interest. Who are some of Manitowoc's key competitors? Some companies that are related to Manitowoc include Caterpillar (CAT), Deere & Company (DE), Cummins (CMI), PACCAR (PCAR), Westinghouse Air Brake Technologies (WAB), Toro (TTC), AGCO (AGCO), Oshkosh (OSK), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Terex (TEX), Alamo Group (ALG) and Astec Industries (ASTE). View all competitors. 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), Costco Wholesale (COST), Gilead Sciences (GILD), Micron Technology (MU), Wells Fargo & Company (WFC), Allergan (AGN), Applied Materials (AMAT), Cisco Systems (CSCO) and Tesla (TSLA). Who are Manitowoc's key executives? Manitowoc's management team includes the following people: Mr. Barry L. Pennypacker, Pres, CEO & Director (Age 58)Mr. David J. Antoniuk, Sr. VP & CFO (Age 61)Mr. Thomas L. Doerr Jr., Sr. VP, Gen. Counsel & Sec. (Age 44)Mr. Aaron H. Ravenscroft, Exec. VP of Cranes (Age 41)Mr. Peter A. Ruck, Sr. VP of Bus. Devel. (Age 47) What is Manitowoc's stock symbol? Manitowoc trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTW." 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. (9.25%), Towle & Co. (4.55%), Jacobs Levy Equity Management Inc. (1.88%), Brandes Investment Partners LP (1.44%), Rutabaga Capital Management LLC MA (1.29%) and Charles Schwab Investment Management Inc. (1.15%). 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. Which institutional investors are selling Manitowoc stock? MTW stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., TCW Group Inc., Goldman Sachs Group Inc., Bank of America Corp DE, Rutabaga Capital Management LLC MA, ClariVest Asset Management LLC, PDT Partners LLC, and Trexquant Investment LP. View insider buying and selling activity for Manitowoc. Which institutional investors are buying Manitowoc stock? MTW stock was purchased by a variety of institutional investors in the last quarter, including Brandes Investment Partners LP, AQR Capital Management LLC, State of Wisconsin Investment Board, Bridgeway Capital Management Inc., Litespeed Management LLC, Prudential Financial Inc., Two Sigma Advisers LP, and Towle & Co.. View insider buying and selling activity for Manitowoc. How do I buy shares of 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 Manitowoc's stock price today? One share of MTW stock can currently be purchased for approximately $9.17. How big of a company is Manitowoc? Manitowoc has a market capitalization of $316.56 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. What is Manitowoc's official website? The official website for Manitowoc is www.manitowoccranes.com. How can I contact Manitowoc? 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 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
