Log in
NYSE:MTW

Manitowoc Stock Forecast, Price & News

$8.09
+0.05 (+0.62 %)
(As of 09/25/2020 12:00 AM ET)
Add
Compare
Today's Range
$7.89
Now: $8.09
$8.13
50-Day Range
$7.98
MA: $9.48
$10.67
52-Week Range
$7.24
Now: $8.09
$17.78
Volume243,424 shs
Average Volume446,461 shs
Market Capitalization$279.27 million
P/E Ratio44.95
Dividend YieldN/A
Beta1.91
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
Manitowoc logo

Beat the Market (BTM) Rank

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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.83 billion
Cash Flow$2.86 per share
Book Value$18.27 per share

Profitability

Net Income$46.60 million

Miscellaneous

Employees4,900
Market Cap$279.27 million
Next Earnings Date11/5/2020 (Estimated)
OptionableOptionable
$8.09
+0.05 (+0.62 %)
(As of 09/25/2020 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.

speech bubbles
speech bubbles











Manitowoc (NYSE:MTW) Frequently Asked Questions

How has Manitowoc's stock price been impacted by Coronavirus?

Manitowoc's stock was trading at $10.48 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MTW shares have decreased by 22.8% and is now trading at $8.09.
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) posted its earnings results on Wednesday, August, 5th. The industrial products company reported ($0.47) earnings per share (EPS) for the quarter, topping the Zacks' 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 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.

What price target have analysts set for MTW?

8 Wall Street analysts have issued 1 year price targets for Manitowoc's shares. Their forecasts range from $10.00 to $20.00. On average, they anticipate Manitowoc's stock price to reach $14.14 in the next year. This suggests a possible upside of 74.8% 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 trading volume, of 321,100 shares, the days-to-cover ratio is currently 3.3 days. Currently, 3.1% of the shares of the stock are sold short.
View Manitowoc's Short Interest
.

Who are some of Manitowoc's key 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), Gilead Sciences (GILD), Micron Technology (MU), Allergan (AGN), Costco Wholesale (COST), Wells Fargo & Company (WFC), 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 major 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 major investors are buying Manitowoc stock?

MTW stock was acquired 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 $8.09.

How big of a company is Manitowoc?

Manitowoc has a market capitalization of $279.27 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 9/26/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.