NYSE:MTWManitowoc Stock Price, Forecast & News

Manitowoc's stock was trading at $10.48 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MTW shares have increased by 7.2% and is now trading at $11.23.
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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."
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Manitowoc is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020.
View our earnings forecast for Manitowoc.

Manitowoc will be holding an earnings conference call on Thursday, August 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Manitowoc's stock 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.

9 equities research analysts have issued twelve-month price targets for Manitowoc's shares. Their forecasts range from $10.00 to $20.00. On average, they anticipate Manitowoc's share price to reach $14.50 in the next twelve months. This suggests a possible upside of 29.1% from the stock's current price.
View analysts' price targets for Manitowoc.

Media headlines about MTW stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Manitowoc earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the near future.
View the latest news about Manitowoc.

Manitowoc saw a decrease in short interest in the month of July. As of July 15th, there was short interest totaling 997,600 shares, a decrease of 8.5% from the June 30th total of 1,090,000 shares. Based on an average daily volume of 392,200 shares, the days-to-cover ratio is presently 2.5 days. Approximately 3.0% of the company's stock are sold short.
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).
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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."

Manitowoc's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Mutual Advisors LLC (0.17%), Summit Place Financial Advisors LLC (0.14%), Hancock Whitney Corp (0.10%), SG Americas Securities LLC (0.05%), UBS Group AG (0.04%) and Zurcher Kantonalbank Zurich Cantonalbank (0.03%). 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.

MTW stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, and Hancock Whitney Corp.
View insider buying and selling activity for Manitowoc.

MTW stock was purchased by a variety of institutional investors in the last quarter, including Summit Place Financial Advisors LLC, Mutual Advisors LLC, SG Americas Securities LLC, New York State Teachers Retirement System, and Zurcher Kantonalbank Zurich Cantonalbank .
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of MTW stock can currently be purchased for approximately $11.23.

Manitowoc has a market capitalization of $387.55 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]