NYSE:MTW - Manitowoc Stock Price, News & Analysis

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

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 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.

Manitowoc Company Inc (NYSE:MTW) announced its earnings results on Thursday, August, 8th. The industrial products company reported $0.94 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.52 by $0.42. The industrial products company earned $504.70 million during the quarter, compared to analyst estimates of $509.51 million. Manitowoc had a positive return on equity of 7.97% and a negative net margin of 2.52%. The firm's revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.40 EPS. View Manitowoc's Earnings History.

Manitowoc is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Manitowoc.

2 Wall Street analysts have issued 12 month target prices for Manitowoc's shares. Their forecasts range from $19.00 to $20.00. On average, they anticipate Manitowoc's stock price to reach $19.50 in the next year. This suggests a possible upside of 33.8% from the stock's current price. View Analyst Price Targets for Manitowoc.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manitowoc in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Manitowoc.

Media coverage about MTW stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring 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 closest to five being the most favorable. Manitowoc earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Manitowoc.

Manitowoc saw a decline in short interest in July. As of July 31st, there was short interest totalling 2,309,600 shares, a decline of 14.7% from the June 30th total of 2,707,700 shares. Based on an average daily volume of 368,000 shares, the days-to-cover ratio is currently 6.3 days. Approximately 6.6% of the company's shares are sold short. View Manitowoc's Current Options Chain.

Some companies that are related to Manitowoc include Douglas Dynamics (PLOW), Lonking (LONKF), Columbus McKinnon (CMCO), Astec Industries (ASTE), Gencor Industries, Inc. (DE) (GENC) and ASV (ASV).

Based on aggregate information from My MarketBeat watchlists, some companies that other Manitowoc investors own include Welbilt (WBT), Caterpillar (CAT), Allergan (AGN), Cisco Systems (CSCO), Gilead Sciences (gild), Applied Materials (AMAT), Celgene (CELG), Costco Wholesale (COST), Micron Technology (MU) and NVIDIA (NVDA).

Manitowoc's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Firefly Value Partners LP (9.84%), Vanguard Group Inc. (9.34%), BlackRock Inc. (6.93%), Nuveen Asset Management LLC (4.83%), Front Street Capital Management Inc. (3.01%) and Bank of New York Mellon Corp (2.85%). Company insiders that own Manitowoc stock include Aaron H Ravenscroft, Barry Pennypacker, Charles David Myers, David J Antoniuk and Thomas G Musial. View Institutional Ownership Trends for Manitowoc.

MTW stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Russell Investments Group Ltd., Rutabaga Capital Management LLC MA, Alambic Investment Management L.P., Daiwa Securities Group Inc., AXA, Bank of Montreal Can and Nisa Investment Advisors LLC. Company insiders that have sold Manitowoc company stock in the last year include Aaron H Ravenscroft, Barry Pennypacker and David J Antoniuk. View Insider Buying and Selling for Manitowoc.

MTW stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., Front Street Capital Management Inc., Bank of America Corp DE, Price Capital Management Inc., Bank of New York Mellon Corp, Firefly Value Partners LP and Wells Fargo & Company MN. Company insiders that have bought Manitowoc stock in the last two years include Barry Pennypacker, Charles David Myers and David J Antoniuk. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of MTW stock can currently be purchased for approximately $14.57.

Manitowoc has a market capitalization of $515.05 million and generates $1.85 billion in revenue each year. The industrial products company earns $-67,100,000.00 in net income (profit) each year or $0.64 on an earnings per share basis. Manitowoc employs 5,000 workers across the globe.View Additional Information About Manitowoc.

The official website for Manitowoc is http://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]