Manitowoc Stock Price, News & Analysis (NYSE:MTW)

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

Manitowoc's stock 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.

Manitowoc Company Inc (NYSE:MTW) announced its quarterly earnings data on Thursday, August, 8th. The industrial products company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.42. The industrial products company earned $504.70 million during the quarter, compared to the consensus estimate of $509.51 million. Manitowoc had a negative net margin of 2.52% and a positive return on equity of 7.97%. The company's revenue was up 1.9% on a year-over-year basis. During the same period last year, the business earned $0.40 earnings per share. 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.

5 equities research analysts have issued 12-month price objectives for Manitowoc's stock. Their forecasts range from $16.00 to $20.00. On average, they anticipate Manitowoc's share price to reach $18.3333 in the next year. This suggests a possible upside of 38.5% from the stock's current price. View Analyst Price Targets for Manitowoc.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manitowoc in the last year. There are currently 1 sell rating and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Manitowoc.

News headlines about MTW stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. 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 media sentiment score of -1.3 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Manitowoc.

Manitowoc saw a increase in short interest in August. As of August 31st, there was short interest totalling 2,477,700 shares, an increase of 7.3% from the July 31st total of 2,309,600 shares. Based on an average daily volume of 365,800 shares, the short-interest ratio is presently 6.8 days. Currently, 7.1% of the shares of the company are sold short. View Manitowoc's Current Options Chain.

Some companies that are related to Manitowoc include Douglas Dynamics (PLOW), Columbus McKinnon (CMCO), Lonking (LONKF), 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), Costco Wholesale (COST), Cisco Systems (CSCO), Gilead Sciences (gild), Micron Technology (MU), Applied Materials (AMAT), Celgene (CELG) and NVIDIA (NVDA).

Manitowoc's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Firefly Value Partners LP (9.84%), Vanguard Group Inc. (9.34%), BlackRock Inc. (7.01%), 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 acquired 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, Robinhood, Fidelity and Charles Schwab.

One share of MTW stock can currently be purchased for approximately $13.24.

Manitowoc has a market capitalization of $468.03 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]