The Manitowoc Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Manitowoc in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Manitowoc wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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The Manitowoc is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for The Manitowoc.

The Manitowoc Company, Inc. (NYSE:MTW) released its earnings results on Wednesday, May, 5th. The industrial products company reported ($0.06) EPS for the quarter, missing analysts' consensus estimates of $0.01 by $0.07. The industrial products company had revenue of $354.30 million for the quarter, compared to analyst estimates of $345.38 million. The Manitowoc had a negative trailing twelve-month return on equity of 1.30% and a negative net margin of 0.98%.
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. Since then, MTW stock has increased by 120.4% and is now trading at $23.10.
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The 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 The Manitowoc stock prior to the reverse split would have 25 shares after the split.

7 brokers have issued 12 month price objectives for The Manitowoc's stock. Their forecasts range from $10.00 to $31.00. On average, they expect The Manitowoc's share price to reach $21.14 in the next twelve months. This suggests that the stock has a possible downside of 8.5%.
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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), Terex (TEX), Trinity Industries (TRN), Federal Signal (FSS), Lindsay (LNN), Alamo Group (ALG) and Meritor (MTOR).
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 retail and institutional investors. Top institutional investors include BlackRock Inc. (9.80%), Dimensional Fund Advisors LP (7.80%), Towle & Co. (5.43%), Front Street Capital Management Inc. (5.34%), Victory Capital Management Inc. (3.65%) and Russell Investments Group Ltd. (1.89%).
View institutional ownership trends for The Manitowoc.

MTW stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Morgan Stanley, AQR Capital Management LLC, Blair William & Co. IL, Front Street Capital Management Inc., Northern Trust Corp, Ameriprise Financial Inc., and Renaissance Technologies LLC.
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MTW stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., BlackRock Inc., Russell Investments Group Ltd., Mirae Asset Global Investments Co. Ltd., Brandywine Global Investment Management LLC, Towle & Co., Clear Harbor Asset Management LLC, and Assenagon Asset Management S.A..
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 $23.10.

The Manitowoc has a market capitalization of $802.38 million and generates $1.44 billion in revenue each year. The industrial products company earns $-19,100,000.00 in net income (profit) each year or ($0.35) on an earnings per share basis.

The Manitowoc employs 4,200 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]