Manitowoc Co., Inc (NYSE:MTW)’s traded shares stood at 0.38 million during the last session, with the company’s beta value hitting 1.93. At the close of trading, the stock’s price was $8.50, to imply an increase of 4.42% or $0.36 in intraday trading. The MTW share’s 52-week high remains $13.45, putting it -58.24% down since that peak but still an impressive 16.94% since price per share fell to its 52-week low of $7.06. The company has a valuation of $301.26M, with an average of 0.28 million shares in intraday trading volume over the past 10 days and average of 289.52K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Manitowoc Co., Inc (MTW), translating to a mean rating of 3.40. Of 12 analyst(s) looking at the stock, 1 analyst(s) give MTW a Sell rating. 1 of those analysts rate the stock as Overweight while 3 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.09.
Manitowoc Co., Inc (NYSE:MTW) trade information
After registering a 4.42% upside in the last session, Manitowoc Co., Inc (MTW) has traded red over the past five days. The 5-day price performance for the stock is 5.33%, and -4.92% over 30 days. With these gigs, the year-to-date price performance is -6.90%. Short interest in Manitowoc Co., Inc (NYSE:MTW) saw shorts transact 0.57 million shares and set a 2.3 days time to cover.
The extremes give us $11 and $14.5 for target low and target high price respectively. As such, MTW has been trading -70.59% off suggested target high and -29.41% from its likely low.
Manitowoc Co., Inc (MTW) estimates and forecasts
The rating firms project that company’s revenue will grow 1.26% compared to the previous financial year.
Revenue forecast for the current quarter as set by 4 analysts is 484.73M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 570.26M.Earnings reports from the last fiscal year show that sales brought in 495.1M and 562.1M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -2.09% before jumping 1.45% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 3.63% for the past 5-year period. While 2025 is set for a 34.15% return in earnings, projections for the next 5 years are at 45.98% annually.
MTW Dividends
Manitowoc Co., Inc has its next earnings report out on 2025-Feb-11. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The company’s average dividend yield trailing the past 5-year period is 0.63%.
Manitowoc Co., Inc (NYSE:MTW)’s Major holders
Manitowoc Co., Inc insiders hold 3.81% of total outstanding shares, with institutional holders owning 76.49% of the shares at 79.51% float percentage. In total, 76.49% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 4.59 million shares (or 12.9832% of shares), all amounting to roughly $52.95 million.
The next major institution holding the largest number of shares is FRONT STREET CAPITAL MANAGEMENT, INC. with 2.81 million shares, or about 7.9354% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $32.36 million.
We also have Clark Fork Trust-Tarkio Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Manitowoc Co., Inc (MTW) shares. Going by data provided on Feb 28, 2025 , Clark Fork Trust-Tarkio Fund holds roughly 1.38 shares. This is just over 3.91% of the total shares, with a market valuation of $11.77 million. Data from the same date shows that the other fund manager holds a little less at 1.05, or 2.96% of the shares, all valued at about 8.93 million.
