Manitowoc (MTW) to Release Earnings on Thursday

Manitowoc (NYSE:MTW) will likely be posting its Q2 2025 quarterly earnings results after the market closes on Thursday, August 7th. Analysts expect Manitowoc to post earnings of $0.20 per share and revenue of $580.18 million for the quarter. Manitowoc has set its FY 2025 guidance at 0.150-0.850 EPS.

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

Manitowoc Price Performance

NYSE MTW opened at $12.48 on Thursday. The firm’s fifty day simple moving average is $11.91 and its two-hundred day simple moving average is $10.26. The company has a current ratio of 1.90, a quick ratio of 0.64 and a debt-to-equity ratio of 0.59. Manitowoc has a 12-month low of $7.06 and a 12-month high of $13.61. The firm has a market capitalization of $442.29 million, a P/E ratio of 9.98 and a beta of 2.03.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on MTW. Robert W. Baird cut their price target on shares of Manitowoc from $12.00 to $11.00 and set a “neutral” rating on the stock in a report on Thursday, May 8th. UBS Group increased 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 increased their price objective on shares of Manitowoc from $9.00 to $11.00 and gave the company an “underweight” rating in a research report on Monday, July 21st. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $11.26.

Insider Activity at Manitowoc

In other Manitowoc news, CEO Aaron H. Ravenscroft purchased 3,000 shares of Manitowoc stock in a transaction on Wednesday, May 7th. The stock was bought at an average cost of $8.68 per share, with a total value of $26,040.00. Following the transaction, the chief executive officer owned 690,142 shares of the company’s stock, valued at $5,990,432.56. This represents a 0.44% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.52% of the stock is owned by insiders.

Hedge Funds Weigh In On Manitowoc

A number of institutional investors have recently bought and sold shares of the business. Empowered Funds LLC raised its position in 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 buying an additional 13,001 shares during the last quarter. Caxton Associates LLP acquired a new position in Manitowoc during the first quarter valued at $112,000. AQR Capital Management LLC lifted its position in Manitowoc by 19.0% during the first quarter. AQR Capital Management LLC now owns 290,452 shares of the industrial products company’s stock valued at $2,495,000 after purchasing an additional 46,324 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in Manitowoc by 26.0% during the first quarter. Goldman Sachs Group Inc. now owns 273,121 shares of the industrial products company’s stock valued at $2,346,000 after purchasing an additional 56,336 shares during the period. 78.66% of the stock is owned by hedge funds and other institutional investors.

Manitowoc Company Profile

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.