NYSE:MTW - Manitowoc Stock Price, Forecast & News

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 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.

Manitowoc Company Inc (NYSE:MTW) announced its quarterly earnings results on Thursday, February, 6th. The industrial products company reported $0.35 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.06. The industrial products company had revenue of $463.40 million for the quarter, compared to analyst estimates of $493.31 million. Manitowoc had a return on equity of 11.03% and a net margin of 2.54%. The business's quarterly revenue was down 10.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.16 EPS. View Manitowoc's Earnings History.

Manitowoc is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Manitowoc.

Manitowoc updated its FY 2020 After-Hours earnings guidance on Thursday, February, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.6-1.7 billion, compared to the consensus revenue estimate of $1.73 billion.

8 brokers have issued 1 year price objectives for Manitowoc's stock. Their forecasts range from $14.00 to $20.00. On average, they expect Manitowoc's stock price to reach $17.20 in the next year. This suggests a possible upside of 31.3% from the stock's current price. View Analyst Price Targets for Manitowoc.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manitowoc in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Manitowoc.

Media headlines about MTW stock have trended negative this week, according to InfoTrie. InfoTrie rates the sentiment of press 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 positive five, with scores closest to five being the most favorable. Manitowoc earned a daily sentiment score of -2.2 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Manitowoc.

Manitowoc saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 1,470,000 shares, a decrease of 12.5% from the January 15th total of 1,680,000 shares. Based on an average daily trading volume, of 344,100 shares, the days-to-cover ratio is presently 4.3 days. Approximately 4.2% of the shares of the company are short sold. 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), WABCO (WBC), Oshkosh (OSK), AGCO (AGCO), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Terex (TEX) and Alamo Group (ALG).

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), Cisco Systems (CSCO), Micron Technology (MU), Applied Materials (AMAT), Tesla (TSLA) and Netflix (NFLX).

Manitowoc's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Front Street Capital Management Inc. (3.42%), State Street Corp (1.99%), Jacobs Levy Equity Management Inc. (1.91%), Lodge Hill Capital LLC (1.43%), Geode Capital Management LLC (1.32%) and Rutabaga Capital Management LLC MA (1.30%). Company insiders that own Manitowoc stock include Aaron H Ravenscroft, Barry Pennypacker, 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 Bank of New York Mellon Corp, Daiwa Securities Group Inc., Rutabaga Capital Management LLC MA, UBS Group AG, Trexquant Investment LP, Bank of America Corp DE, IndexIQ Advisors LLC and TCW Group Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Marshall Wace LLP, Jacobs Levy Equity Management Inc., Lodge Hill Capital LLC, Okabena Investment Services Inc., Russell Investments Group Ltd., Front Street Capital Management Inc. and Charles Schwab Investment Management Inc.. Company insiders that have bought Manitowoc stock in the last two years include Barry Pennypacker 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 $13.10.

Manitowoc has a market capitalization of $463.48 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 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]