NYSE:MTWManitowoc Stock Price, Forecast & News

Manitowoc's stock was trading at $10.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MTW shares have increased by 0.2% and is now trading at $10.50.
View which stocks have been most impacted by COVID-19.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manitowoc in the last year. There are currently 1 sell rating, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Manitowoc.

Manitowoc is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Manitowoc.

Manitowoc Company Inc (NYSE:MTW) issued its earnings results on Wednesday, August, 5th. The industrial products company reported ($0.47) EPS for the quarter, topping the Zacks' consensus estimate of ($0.53) by $0.06. The industrial products company had revenue of $328.30 million for the quarter, compared to analysts' expectations of $271.42 million. Manitowoc had a net margin of 0.43% and a return on equity of 1.48%.
View Manitowoc's earnings history.

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

10 brokerages have issued twelve-month price targets for Manitowoc's stock. Their forecasts range from $10.00 to $20.00. On average, they expect Manitowoc's stock price to reach $14.14 in the next twelve months. This suggests a possible upside of 34.7% from the stock's current price.
View analysts' price targets for Manitowoc.

Press coverage about MTW stock has been trending extremely negative on Thursday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Manitowoc earned a media sentiment score of -4.1 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.
View the latest news about Manitowoc.

Manitowoc saw a drop in short interest in May. As of May 15th, there was short interest totaling 1,290,000 shares, a drop of 14.6% from the April 30th total of 1,510,000 shares. Based on an average trading volume of 580,000 shares, the days-to-cover ratio is presently 2.2 days. Currently, 3.8% of the company's shares are short sold.
View Manitowoc's Short Interest.

Some companies that are related to Manitowoc include Caterpillar (CAT), Deere & Company (DE), PACCAR (PCAR), Cummins (CMI), Westinghouse Air Brake Technologies (WAB), Toro (TTC), Oshkosh (OSK), AGCO (AGCO), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Terex (TEX), Alamo Group (ALG) and Astec Industries (ASTE).
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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), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Costco Wholesale (COST), Micron Technology (MU), Applied Materials (AMAT) and Wells Fargo & Co (WFC).

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

Manitowoc's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Brandes Investment Partners LP (1.44%), Rutabaga Capital Management LLC MA (1.29%), State of Wisconsin Investment Board (0.91%), Bank of New York Mellon Corp (0.52%), Blair William & Co. IL (0.42%) and TCW Group Inc. (0.41%). Company insiders that own Manitowoc stock include Aaron H Ravenscroft, Barry Pennypacker, David J Antoniuk and Kenneth W Krueger.
View institutional ownership trends for Manitowoc.

MTW stock was sold by a variety of institutional investors in the last quarter, including TCW Group Inc., Goldman Sachs Group Inc., Rutabaga Capital Management LLC MA, ClariVest Asset Management LLC, Trexquant Investment LP, Bank of New York Mellon Corp, UBS Group AG, and Bank of Montreal Can.
View insider buying and selling activity for Manitowoc.

MTW stock was acquired by a variety of institutional investors in the last quarter, including Brandes Investment Partners LP, State of Wisconsin Investment Board, Prudential Financial Inc., Russell Investments Group Ltd., Summit Place Financial Advisors LLC, Swiss National Bank, Mutual Advisors LLC, and SG Americas Securities LLC.
View insider buying and selling activity 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 $10.50.

Manitowoc has a market capitalization of $362.47 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 4,900 workers across the globe.

The official website for Manitowoc is 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]