Free Trial
NASDAQ:MNTX

Manitex International (MNTX) Stock Price, News & Analysis

$5.06
-0.03 (-0.59%)
(As of 08/1/2024 ET)
Today's Range
$4.96
$5.11
50-Day Range
$3.96
$6.57
52-Week Range
$3.72
$9.16
Volume
23,247 shs
Average Volume
70,260 shs
Market Capitalization
$103.02 million
P/E Ratio
10.77
Dividend Yield
N/A
Price Target
$9.00

Manitex International MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
77.9% Upside
$9.00 Price Target
Short Interest
Healthy
0.18% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.44mentions of Manitex International in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
18.92%
From $0.37 to $0.44 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.11 out of 5 stars

Industrial Products Sector

42nd out of 172 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

5th out of 12 stocks

MNTX stock logo

About Manitex International Stock (NASDAQ:MNTX)

Manitex International, Inc. provides engineered lifting solutions in the United States, Italy, Canada, Chile, France, and internationally. The company designs, manufactures, and distributes products that are used in various industries. It also offers boom trucks, truck cranes, and sign cranes products primarily for use in industrial projects, energy exploration, and infrastructure development comprising roads, bridges, and commercial construction; and truck-mounted aerial platforms. In addition, the company manufactures and sells rough terrain cranes and material handling products; and truck mounted hydraulic knuckle boom cranes; and rents light and heavy-duty commercial construction equipments. It also sells its products through dealers and rental distribution channel. The company was formerly known as Veri-Tek International, Corp. and changed its name to Manitex International, Inc. in May 2008. Manitex International, Inc. was founded in 1993 and is headquartered in Bridgeview, Illinois.

MNTX Stock Price History

MNTX Stock News Headlines

Time is Running Out - June 25th Deadline Approaching!
Circle this date on your calendar: August 12, 2024 That’s the day the “wealth window” is slamming shut.
Time is Running Out - June 25th Deadline Approaching!
Circle this date on your calendar: August 12, 2024 That’s the day the “wealth window” is slamming shut.
Q1 2024 Manitex International Inc Earnings Call
See More Headlines
Receive MNTX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Manitex International and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
11/08/2021
Today
8/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
Machinery
Current Symbol
NASDAQ:MNTX
Employees
510
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$10.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+77.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$7.36 million
Pretax Margin
2.75%

Debt

Sales & Book Value

Annual Sales
$291.39 million
Cash Flow
$1.22 per share
Book Value
$3.93 per share

Miscellaneous

Free Float
19,089,000
Market Cap
$103.02 million
Optionable
Optionable
Beta
0.79

Social Links

These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

Key Executives

  • Mr. David J. Langevin CPA (Age 73)
    Executive Chairman
    Comp: $632.21k
  • Mr. J. Michael Coffey (Age 53)
    CEO & Director
    Comp: $1.48M
  • Mr. Joseph R. Doolan CPA (Age 60)
    CFO, Senior VP & Principal Accounting Officer
    Comp: $710.16k
  • Ms. Tami McHazlett
    Director of Human Resources
  • Mr. Scott Rolston
    Senior Vice President of Strategic Planning
  • Mr. Stoyan Filipov (Age 56)
    Special Advisor
    Comp: $444.27k
  • Mr. Richard Mills
    President of Manitex North American Manufacturing
  • Giovanni Tacconi
    VP & Italian MD
  • Mr. Alberto Ranzi
    Director of Human Resources - European Manufacturing
  • Mr. Roberto Chiesa
    CFO - European Manufacturing

MNTX Stock Analysis - Frequently Asked Questions

How have MNTX shares performed this year?

Manitex International's stock was trading at $8.74 at the beginning of the year. Since then, MNTX stock has decreased by 42.1% and is now trading at $5.06.
View the best growth stocks for 2024 here
.

How were Manitex International's earnings last quarter?

Manitex International, Inc. (NASDAQ:MNTX) issued its quarterly earnings results on Monday, November, 8th. The industrial products company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.01. The industrial products company had revenue of $50.94 million for the quarter, compared to the consensus estimate of $49.80 million. Manitex International had a net margin of 3.23% and a trailing twelve-month return on equity of 18.93%.

What is David J. Langevin's approval rating as Manitex International's CEO?

3 employees have rated Manitex International Chief Executive Officer David J. Langevin on Glassdoor.com. David J. Langevin has an approval rating of 62% among the company's employees. This puts David J. Langevin in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Manitex International's major shareholders?

Top institutional shareholders of Manitex International include Cutter & CO Brokerage Inc. (0.11%). Insiders that own company stock include David J Langevin, Michael Coffey and Joseph Doolan.
View institutional ownership trends
.

How do I buy shares of Manitex International?

Shares of MNTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Manitex International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Manitex International investors own include Turquoise Hill Resources (TRQ), Trevena (TRVN), Universal Technical Institute (UTI), Advanced Micro Devices (AMD) and Amyris (AMRS).

This page (NASDAQ:MNTX) was last updated on 8/2/2024 by MarketBeat.com Staff

From Our Partners