Manitowoc (NYSE:MTW) Releases FY 2025 Earnings Guidance

Manitowoc (NYSE:MTW) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.150-0.850 for the period, compared to the consensus 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 Ratings Changes

MTW has been the topic of several recent research reports. StockNews.com raised Manitowoc from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Robert W. Baird cut their target price on Manitowoc from $13.00 to $12.00 and set a “neutral” rating on the stock in a research note on Friday, November 1st. Two research analysts have rated the stock with a sell rating and five have given a hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $12.47.

Manitowoc Stock Down 1.8 %

MTW stock traded down $0.18 on Wednesday, hitting $9.79. 387,733 shares of the company’s stock were exchanged, compared to its average volume of 240,644. The firm has a 50 day moving average price of $9.40 and a two-hundred day moving average price of $9.82. Manitowoc has a 12-month low of $8.30 and a 12-month high of $16.72. The stock has a market cap of $343.92 million, a P/E ratio of -36.26 and a beta of 1.83. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.60 and a current ratio of 1.97.

Manitowoc (NYSE:MTW) last issued its quarterly earnings results on Wednesday, February 12th. The industrial products company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). Manitowoc had a positive return on equity of 2.40% and a negative net margin of 0.40%. As a group, equities research analysts expect that Manitowoc will post 0.44 EPS for the current fiscal year.

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.