Manitowoc (NYSE:MTW - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.150-0.850 for the period, compared to the consensus earnings per share estimate of 0.730. The company issued revenue guidance of $2.2 billion-$2.3 billion, compared to the consensus revenue estimate of $2.2 billion.
Analyst Upgrades and Downgrades
Several research firms recently issued reports on MTW. Robert W. Baird decreased their price objective on shares of Manitowoc from $13.00 to $12.00 and set a "neutral" rating for the company in a report on Friday, November 1st. StockNews.com raised shares of Manitowoc from a "sell" rating to a "hold" rating in a report on Friday, November 1st. Two analysts have rated the stock with a sell rating and five have issued a hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $12.47.
View Our Latest Stock Analysis on MTW
Manitowoc Price Performance
Shares of Manitowoc stock traded up $0.15 during mid-day trading on Friday, reaching $11.05. 701,482 shares of the stock were exchanged, compared to its average volume of 216,407. The company has a market cap of $388.01 million, a price-to-earnings ratio of -40.91 and a beta of 1.83. The company has a current ratio of 1.97, a quick ratio of 0.60 and a debt-to-equity ratio of 0.70. The firm has a 50-day simple moving average of $9.41 and a 200 day simple moving average of $9.77. Manitowoc has a fifty-two week low of $8.30 and a fifty-two week high of $14.77.
Manitowoc (NYSE:MTW - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The industrial products company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.04). Manitowoc had a negative net margin of 0.40% and a positive return on equity of 2.40%. On average, sell-side analysts predict that Manitowoc will post 0.44 EPS for the current fiscal year.
Manitowoc Company Profile
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The Manitowoc Company, Inc provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East, the Asia Pacific, and internationally. It designs, manufactures, and distributes crawler-mounted lattice-boom cranes under the Manitowoc brand; a line of top-slewing and self-erecting tower cranes under the Potain brand; mobile hydraulic cranes under the Grove, Shuttlelift, and National Crane brands; and hydraulic boom trucks under the National Crane brand.
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