NYSE:MTW - Manitowoc Stock Price, Forecast & News

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

Shares of 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 Manitowoc stock prior to the reverse split would have 25 shares after the split.

Manitowoc Company Inc (NYSE:MTW) released its quarterly earnings data on Thursday, February, 6th. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.06. The industrial products company had revenue of $463.40 million for the quarter, compared to analysts' expectations of $493.31 million. Manitowoc had a net margin of 2.54% and a return on equity of 11.20%. Manitowoc's revenue was down 10.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.16 earnings per share. 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 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 Wall Street analysts have issued 12-month price objectives for Manitowoc's stock. Their forecasts range from $14.00 to $20.00. On average, they expect Manitowoc's share price to reach $17.20 in the next twelve months. This suggests a possible upside of 36.0% 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.

Headlines about MTW stock have been trending extremely positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Manitowoc earned a media sentiment score of 5.0 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Manitowoc.

Manitowoc saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,470,000 shares, a decline of 12.5% from the January 15th total of 1,680,000 shares. Based on an average trading volume of 344,100 shares, the days-to-cover ratio is currently 4.3 days. Currently, 4.2% of the shares of the stock are sold short. 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 institutional and retail 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%), Rutabaga Capital Management LLC MA (1.30%) and Charles Schwab Investment Management Inc. (1.03%). 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 acquired 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 $12.65.

Manitowoc has a market capitalization of $447.56 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]