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 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 1853 and is headquartered in Manitowoc, Wisconsin.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Construction machinery
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorIndustrial Products
SymbolNYSE:MTW
CUSIP56357110
Phone414-760-4600
Debt
Debt-to-Equity Ratio0.40
Current Ratio1.65
Quick Ratio0.73
Price-To-Earnings
Trailing P/E Ratio-83.85
Forward P/E Ratio38.96
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.58 billion
Price / Sales0.49
Cash Flow$0.8412 per share
Price / Cash25.94
Book Value$19.26 per share
Price / Book1.13
Profitability
EPS (Most Recent Fiscal Year)($0.26)
Net Income$9.40 million
Net Margins2.53%
Return on Equity2.77%
Return on Assets1.14%
Miscellaneous
Employees4,900
Outstanding Shares35,540,000
Market Cap$814.85 million
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 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) released its earnings results on Monday, August, 6th. The industrial products company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.23 by $0.17. The industrial products company earned $495.30 million during the quarter, compared to analysts' expectations of $458.03 million. Manitowoc had a return on equity of 2.77% and a net margin of 2.53%. The company's revenue was up 25.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.20 earnings per share. View Manitowoc's Earnings History.
When is Manitowoc's next earnings date?
What price target have analysts set for MTW?
14 analysts have issued twelve-month target prices for Manitowoc's shares. Their forecasts range from $26.00 to $42.00. On average, they expect Manitowoc's stock price to reach $31.9167 in the next year. This suggests a possible upside of 46.3% from the stock's current price. View Analyst Price Targets for Manitowoc.
What is the consensus analysts' recommendation for Manitowoc?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manitowoc in the last year. There are currently 1 sell rating, 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Manitowoc.
Who are some of Manitowoc's key competitors?
Who are Manitowoc's key executives?
Manitowoc's management team includes the folowing people:
- Mr. Barry L. Pennypacker, Pres, CEO & Director (Age 57)
- Mr. David J. Antoniuk, Sr. VP & CFO (Age 60)
- Mr. Aaron H. Ravenscroft, Exec. VP of Cranes (Age 40)
- Mr. Ion M. Warner, VP of Marketing & Investor Relations
- Mr. Thomas L. Doerr Jr., Sr. VP, Gen. Counsel & Sec. (Age 43)
Has Manitowoc been receiving favorable news coverage?
News headlines about MTW stock have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Manitowoc earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned news coverage about the industrial products company an impact score of 47.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for Manitowoc.
Who are Manitowoc's major shareholders?
Manitowoc's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.92%), Dimensional Fund Advisors LP (6.64%), Victory Capital Management Inc. (2.72%), Hennessy Advisors Inc. (2.16%), Rutabaga Capital Management LLC MA (1.86%) and OppenheimerFunds Inc. (1.32%). Company insiders that own Manitowoc stock include Aaron H Ravenscroft, Barry Pennypacker, Charles David Myers, David J Antoniuk, Lawrence Joseph Weyers, Louis F Raymond 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, Renaissance Technologies LLC, Bank of America Corp DE, Daiwa Securities Group Inc., Hennessy Advisors Inc., Strs Ohio and Capital Fund Management S.A.. View Insider Buying and Selling for Manitowoc.
Which major investors are buying Manitowoc stock?
MTW stock was acquired by a variety of institutional investors in the last quarter, including Rutabaga Capital Management LLC MA, BlackRock Inc., Victory Capital Management Inc., Russell Investments Group Ltd., Royce & Associates LP, GSA Capital Partners LLP, Putnam Investments LLC and Raymond James & Associates. Company insiders that have bought Manitowoc stock in the last two years include Aaron H Ravenscroft, 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 $21.82.
How big of a company is Manitowoc?
Manitowoc has a market capitalization of $814.85 million and generates $1.58 billion in revenue each year. The industrial products company earns $9.40 million in net income (profit) each year or ($0.26) on an earnings per share basis. Manitowoc employs 4,900 workers across the globe.
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.
