NYSE:MTWManitowoc Stock Price, Forecast & News

Manitowoc's stock was trading at $10.48 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MTW stock has increased by 1.1% and is now trading at $10.60. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manitowoc in the last year. There are currently 1 sell rating, 7 hold ratings and 1 buy rating 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, August 13th 2020. View our earnings forecast for Manitowoc.

Manitowoc Company Inc (NYSE:MTW) posted its quarterly earnings results on Thursday, May, 7th. The industrial products company reported ($0.18) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.10) by $0.08. The industrial products company earned $329.20 million during the quarter, compared to analysts' expectations of $353.73 million. Manitowoc had a return on equity of 9.41% and a net margin of 3.75%. Manitowoc's revenue for the quarter was down 21.2% on a year-over-year basis. During the same period last year, the company earned $0.08 EPS. View Manitowoc's earnings history.

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

9 brokerages have issued 1 year price objectives for Manitowoc's shares. Their forecasts range from $10.00 to $20.00. On average, they expect Manitowoc's share price to reach $14.50 in the next twelve months. This suggests a possible upside of 36.8% from the stock's current price. View analysts' price targets for Manitowoc.

News articles about MTW stock have trended somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Manitowoc earned a news impact score of 0.8 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news about Manitowoc.

Manitowoc saw a increase in short interest in June. As of June 15th, there was short interest totaling 1,360,000 shares, an increase of 5.4% from the May 31st total of 1,290,000 shares. Based on an average daily volume of 554,300 shares, the days-to-cover ratio is currently 2.5 days. Currently, 4.0% of the shares of the stock are short sold. View Manitowoc's Current Options Chain.

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). View all competitors.

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."

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 $10.60.

Manitowoc has a market capitalization of $365.81 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]