Manitowoc (NYSE:MTW) Releases 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 Down 1.8 %

MTW traded down $0.18 on Wednesday, hitting $9.79. The company had a trading volume of 387,733 shares, compared to its average volume of 240,644. The business’s fifty day simple moving average is $9.40 and its 200 day simple moving average is $9.82. The company has a quick ratio of 0.60, a current ratio of 1.97 and a debt-to-equity ratio of 0.70. Manitowoc has a 12-month low of $8.30 and a 12-month high of $16.72. The company has a market cap of $343.92 million, a PE ratio of -36.26 and a beta of 1.83.

Manitowoc (NYSE:MTW) last announced its earnings results on Wednesday, February 12th. The industrial products company reported $0.10 EPS 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%. Equities research analysts expect that Manitowoc will post 0.44 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on MTW. Robert W. Baird reduced their target price on shares of Manitowoc from $13.00 to $12.00 and set a “neutral” rating on the stock in a research note on Friday, November 1st. StockNews.com upgraded shares of Manitowoc from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Two equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to data from MarketBeat, the company presently 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.