The Manitowoc Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Manitowoc in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" The Manitowoc stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MTW, but not buy additional shares or sell existing shares.
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Wall Street analysts have given The Manitowoc a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The Manitowoc wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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The Manitowoc is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for The Manitowoc.

The Manitowoc Company, Inc. (NYSE:MTW) released its quarterly earnings data on Monday, February, 8th. The industrial products company reported $0.19 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.09 by $0.10. The Manitowoc had a negative net margin of 0.79% and a negative trailing twelve-month return on equity of 1.02%. During the same period last year, the firm earned $0.35 earnings per share.
View The Manitowoc's earnings history.

The Manitowoc's stock was trading at $10.48 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MTW shares have increased by 69.0% and is now trading at $17.71.
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Shares of The Manitowoc 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 The Manitowoc stock prior to the reverse split would have 25 shares after the split.

8 brokers have issued 12 month price objectives for The Manitowoc's stock. Their forecasts range from $10.00 to $20.00. On average, they expect The Manitowoc's share price to reach $14.71 in the next twelve months. This suggests that the stock has a possible downside of 16.9%.
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28 employees have rated The Manitowoc CEO Glen E. Tellock on Glassdoor.com. Glen E. Tellock has an approval rating of 47% among The Manitowoc's employees. This puts Glen E. Tellock in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to The Manitowoc include Caterpillar (CAT), Deere & Company (DE), Cummins (CMI), PACCAR (PCAR), Westinghouse Air Brake Technologies (WAB), The Toro (TTC), AGCO (AGCO), Oshkosh (OSK), Navistar International (NAV), Trinity Industries (TRN), Terex (TEX), Federal Signal (FSS), Meritor (MTOR), Alamo Group (ALG) and Lindsay (LNN).
View all of MTW's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other The Manitowoc investors own include Welbilt (WBT), Caterpillar (CAT), Gilead Sciences (GILD), Micron Technology (MU), Wells Fargo & Company (WFC), Costco Wholesale (COST), Allergan (AGN), Applied Materials (AMAT), Cisco Systems (CSCO) and Tesla (TSLA).

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

The Manitowoc's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.19%), Dimensional Fund Advisors LP (7.85%), Front Street Capital Management Inc. (5.60%), Towle & Co. (4.83%), JPMorgan Chase & Co. (1.77%) and Kennedy Capital Management Inc. (1.67%). Company insiders that own The Manitowoc stock include Aaron H Ravenscroft, Barry Pennypacker, David J Antoniuk and Kenneth W Krueger.
View institutional ownership trends for The Manitowoc.

MTW stock was sold by a variety of institutional investors in the last quarter, including Rutabaga Capital Management LLC MA, Russell Investments Group Ltd., Dimensional Fund Advisors LP, Kennedy Capital Management Inc., Bank of New York Mellon Corp, State of Wisconsin Investment Board, Alliancebernstein L.P., and Northern Trust Corp.
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MTW stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Brandywine Global Investment Management LLC, Towle & Co., Canada Pension Plan Investment Board, Front Street Capital Management Inc., Norges Bank, and Lodge Hill Capital LLC.
View insider buying and selling activity for The Manitowoc or or view top insider-buying stocks.

Shares of MTW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MTW stock can currently be purchased for approximately $17.71.

The Manitowoc has a market capitalization of $612.43 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.

The Manitowoc employs 4,900 workers across the globe.

The official website for The Manitowoc is www.manitowoccranes.com.

The Manitowoc is headquartered at 11270 West Park Place Suite 1000, Milwaukee WI, 53224.

The 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]