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 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 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 earnings results on Thursday, November, 7th. The industrial products company reported $0.54 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.34 by $0.20. The industrial products company earned $448 million during the quarter, compared to analysts' expectations of $455.27 million. Manitowoc had a positive return on equity of 10.11% and a negative net margin of 2.17%. Manitowoc's quarterly revenue was down .4% on a year-over-year basis. During the same quarter last year, the firm earned $0.20 EPS. View Manitowoc's Earnings History.

Manitowoc is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Manitowoc.

Manitowoc issued an update on its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $$1.85-1.88 billion, compared to the consensus revenue estimate of $$1.89 billion.

8 equities research analysts have issued 12-month price targets for Manitowoc's shares. Their forecasts range from $10.00 to $20.00. On average, they expect Manitowoc's share price to reach $16.40 in the next year. This suggests a possible upside of 6.4% 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 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Manitowoc.

Media coverage about MTW stock has been trending somewhat positive on Wednesday, InfoTrie reports. The research firm scores the sentiment of media 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 nearest to five being the most favorable. Manitowoc earned a news impact score of 1.0 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Manitowoc.

Manitowoc saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 1,680,000 shares, a decline of 11.1% from the December 15th total of 1,890,000 shares. Based on an average daily trading volume, of 352,100 shares, the short-interest ratio is currently 4.8 days. Approximately 4.8% of the company's shares 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), Terex (TEX), Meritor (MTOR) and Alamo Group (ALG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Manitowoc investors own include Welbilt (WBT), Caterpillar (CAT), Allergan (AGN), Cisco Systems (CSCO), Gilead Sciences (GILD), Costco Wholesale (COST), Micron Technology (MU), Applied Materials (AMAT), Netflix (NFLX) and Starbucks (SBUX).

Manitowoc's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.03%) and Zurcher Kantonalbank Zurich Cantonalbank (0.02%). 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 acquired by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC and Zurcher Kantonalbank Zurich Cantonalbank . 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 $15.42.

Manitowoc has a market capitalization of $545.08 million and generates $1.85 billion in revenue each year. The industrial products company earns $-67,100,000.00 in net income (profit) each year or $0.64 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]