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.
Industry, Sector and Symbol
Industry Construction machinery
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorIndustrial Products
Phone414-760-4600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.85 billion
Profitability
Miscellaneous
Employees5,000
Next Earnings Date5/6/2019 (Estimated)
OptionableOptionable
Manitowoc (NYSE:MTW) Frequently Asked Questions
What is Manitowoc's stock symbol?
Manitowoc trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTW."
When did Manitowoc's stock split? How did Manitowoc's stock split work?
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 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.
How were Manitowoc's earnings last quarter?
Manitowoc Company Inc (NYSE:MTW) posted its quarterly earnings data on Thursday, February, 7th. The industrial products company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.05 by $0.11. The industrial products company had revenue of $515.30 million for the quarter, compared to analysts' expectations of $488.02 million. Manitowoc had a negative net margin of 3.63% and a positive return on equity of 3.55%. The firm's revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.15) EPS. View Manitowoc's Earnings History.
When is Manitowoc's next earnings date?
What guidance has Manitowoc issued on next quarter's earnings?
Manitowoc updated its FY 2019 earnings guidance on Thursday, February, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.85-1.95 billion, compared to the consensus revenue estimate of $1.95 billion.
What price target have analysts set for MTW?
12 equities research analysts have issued 1 year price targets for Manitowoc's shares. Their forecasts range from $26.00 to $35.00. On average, they expect Manitowoc's stock price to reach $30.30 in the next twelve months. This suggests a possible upside of 85.9% from the stock's current price. View Analyst Price Targets for Manitowoc.
What is the consensus analysts' recommendation for Manitowoc?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manitowoc in the last year. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Manitowoc.
Has Manitowoc been receiving favorable news coverage?
News articles about MTW stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Manitowoc earned a news sentiment score of 1.9 on InfoTrie's scale. They also gave media stories about the industrial products company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term.
Who are some of Manitowoc's key competitors?
What other stocks do shareholders of Manitowoc own?
Who are Manitowoc's key executives?
Manitowoc's management team includes the folowing people:
- Mr. Barry L. Pennypacker, Pres, CEO & Director (Age 58)
- Mr. David J. Antoniuk, Sr. VP & CFO (Age 61)
- Mr. Aaron H. Ravenscroft, Exec. VP of Cranes (Age 41)
- Mr. Brian P. Regan, VP, Corp. Controller & Principal Accounting Officer (Age 46)
- Mr. Ion M. Warner, VP of Marketing & Investor Relations
Who are Manitowoc's major shareholders?
Manitowoc's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.13%), Dimensional Fund Advisors LP (8.12%), BlackRock Inc. (6.87%), Victory Capital Management Inc. (4.77%), Rutabaga Capital Management LLC MA (2.05%) and Northern Trust Corp (1.23%). Company insiders that own Manitowoc stock include Barry Pennypacker, Charles David Myers, David J Antoniuk and Thomas G Musial. 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 Millennium Management LLC, GSA Capital Partners LLP, MetLife Investment Advisors LLC, New York State Common Retirement Fund, Eaton Vance Management, PNC Financial Services Group Inc., Bank of New York Mellon Corp and California Public Employees Retirement System. View Insider Buying and Selling for Manitowoc.
Which major investors are buying Manitowoc stock?
MTW stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Front Street Capital Management Inc., Rutabaga Capital Management LLC MA, Alambic Investment Management L.P., BlackRock Inc., Prudential Financial Inc. and QS Investors LLC. 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.
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, Scottrade, Fidelity and Charles Schwab.
What is Manitowoc's stock price today?
One share of MTW stock can currently be purchased for approximately $16.30.
How big of a company is Manitowoc?
Manitowoc has a market capitalization of $581.10 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.
What is Manitowoc's official website?
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]
MarketBeat Community Rating for Manitowoc (NYSE MTW)
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.
