Manitowoc (MTW) to Release Earnings on Thursday

Manitowoc (NYSE:MTWGet Free Report) is anticipated to announce its Q2 2025 earnings results after the market closes on Thursday, August 7th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $580.18 million for the quarter.

Manitowoc (NYSE:MTWGet Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The industrial products company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.03). The firm had revenue of $470.90 million during the quarter, compared to analysts’ expectations of $479.39 million. Manitowoc had a return on equity of 0.63% and a net margin of 2.09%. The business’s revenue for the quarter was down 4.9% on a year-over-year basis. During the same period last year, the company earned $0.14 earnings per share. On average, analysts expect Manitowoc to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Manitowoc Stock Performance

Shares of NYSE MTW opened at $12.33 on Tuesday. The stock has a market cap of $437.01 million, a PE ratio of 9.86 and a beta of 2.07. The firm has a fifty day moving average price of $12.02 and a 200-day moving average price of $10.35. Manitowoc has a 1 year low of $7.06 and a 1 year high of $13.61. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.90 and a quick ratio of 0.64.

Insider Activity at Manitowoc

In other news, CEO Aaron H. Ravenscroft acquired 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 7th. The stock was purchased at an average price of $8.68 per share, with a total value of $26,040.00. Following the completion of the acquisition, the chief executive officer owned 690,142 shares of the company’s stock, valued at $5,990,432.56. This trade represents a 0.44% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 2.52% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Caxton Associates LLP acquired a new stake in Manitowoc during the first quarter worth approximately $112,000. Empowered Funds LLC boosted its position in shares of Manitowoc by 7.3% during the 1st quarter. Empowered Funds LLC now owns 190,140 shares of the industrial products company’s stock worth $1,633,000 after purchasing an additional 13,001 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Manitowoc by 26.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 273,121 shares of the industrial products company’s stock worth $2,346,000 after purchasing an additional 56,336 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Manitowoc by 19.0% during the 1st quarter. AQR Capital Management LLC now owns 290,452 shares of the industrial products company’s stock worth $2,495,000 after purchasing an additional 46,324 shares in the last quarter. Hedge funds and other institutional investors own 78.66% of the company’s stock.

Analysts Set New Price Targets

MTW has been the subject of a number of recent research reports. Robert W. Baird dropped their price objective on shares of Manitowoc from $12.00 to $11.00 and set a “neutral” rating for the company in a research note on Thursday, May 8th. UBS Group boosted their price objective on shares of Manitowoc from $9.00 to $11.00 and gave the company a “neutral” rating in a research report on Friday, May 16th. Finally, Barclays boosted their price target on shares of Manitowoc from $9.00 to $11.00 and gave the company an “underweight” rating in a report on Monday, July 21st. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. According to MarketBeat, Manitowoc has a consensus rating of “Hold” and an average target price of $11.26.

View Our Latest Stock Analysis on MTW

Manitowoc Company Profile

(Get Free Report)

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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Earnings History for Manitowoc (NYSE:MTW)

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