Manitowoc (NYSE:MTW) Updates FY 2025 Earnings Guidance

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

Manitowoc Trading Up 12.2 %

NYSE:MTW traded up $1.19 on Thursday, reaching $10.96. The company’s stock had a trading volume of 564,968 shares, compared to its average volume of 251,354. Manitowoc has a 1-year low of $8.30 and a 1-year high of $16.50. The business’s 50-day moving average price is $9.38 and its two-hundred day moving average price is $9.82. The firm has a market cap of $385.02 million, a PE ratio of -40.55 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 data on Wednesday, February 12th. The industrial products company reported $0.10 earnings per share (EPS) 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%. Equities research analysts anticipate that Manitowoc will post 0.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

MTW has been the topic of a number of research analyst reports. StockNews.com upgraded shares of Manitowoc from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Robert W. Baird dropped their price target 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 analysts have rated the stock with a sell rating and five have given a hold rating to the company. According to data from MarketBeat.com, Manitowoc has an average rating of “Hold” and an average target price of $12.47.

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.