NASDAQ:MNTX

Manitex International (MNTX) Stock Price, News & Analysis

$5.55
-0.04 (-0.72%)
(As of 04/25/2024 ET)
Today's Range
$5.44
$5.72
50-Day Range
$5.43
$7.39
52-Week Range
$3.72
$9.16
Volume
19,857 shs
Average Volume
41,475 shs
Market Capitalization
$112.50 million
P/E Ratio
15.42
Dividend Yield
N/A
Price Target
$9.00

Manitex International MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
62.2% Upside
$9.00 Price Target
Short Interest
Healthy
0.89% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.50mentions of Manitex International in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
46.15%
From $0.39 to $0.57 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.05 out of 5 stars

Industrial Products Sector

80th out of 171 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

6th out of 13 stocks

MNTX stock logo

About Manitex International Stock (NASDAQ:MNTX)

Manitex International, Inc. provides engineered lifting solutions in the United States, Italy, Canada, Chile, France, and internationally. The company designs, manufactures, and distributes products that are used in various industries. It also offers boom trucks, truck cranes, and sign cranes products primarily for use in industrial projects, energy exploration, and infrastructure development comprising roads, bridges, and commercial construction; and truck-mounted aerial platforms. In addition, the company manufactures and sells rough terrain cranes and material handling products; and truck mounted hydraulic knuckle boom cranes; and rents light and heavy-duty commercial construction equipments. It also sells its products through dealers and rental distribution channel. The company was formerly known as Veri-Tek International, Corp. and changed its name to Manitex International, Inc. in May 2008. Manitex International, Inc. was founded in 1993 and is headquartered in Bridgeview, Illinois.

MNTX Stock Price History

MNTX Stock News Headlines

Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
Chuck Royce Trims Position in Manitex International Inc
Q3 2023 Manitex International Inc Earnings Call
Manitex International Reports Third Quarter 2023 Results
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
4/26/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:MNTX
Employees
705
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$10.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+62.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$7.36 million
Pretax Margin
1.87%

Debt

Sales & Book Value

Annual Sales
$291.39 million
Cash Flow
$1.20 per share
Book Value
$3.93 per share

Miscellaneous

Free Float
19,004,000
Market Cap
$112.50 million
Optionable
Optionable
Beta
0.79

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Key Executives

  • Mr. David J. Langevin CPA (Age 73)
    Executive Chairman
    Comp: $459.5k
  • Mr. J. Michael Coffey (Age 52)
    CEO & Director
    Comp: $1.37M
  • Mr. Joseph R. Doolan CPA (Age 60)
    CFO, Senior VP & Principal Accounting Officer
    Comp: $678.95k
  • Mr. Stoyan Filipov (Age 56)
    Special Advisor
    Comp: $444.27k
  • Mr. Scott Rolston
    Senior Vice President of Strategic Planning
  • Mr. Richard Mills
    President of Manitex North American Manufacturing
  • Giovanni Tacconi
    VP & Italian MD
  • Mr. Alberto Ranzi
    Director of Human Resources - European Manufacturing
  • Mr. Roberto Chiesa
    CFO - European Manufacturing
  • Steve Berner
    VP & President of Rabern Rentals

MNTX Stock Analysis - Frequently Asked Questions

Should I buy or sell Manitex International stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manitex International in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MNTX shares.
View MNTX analyst ratings
or view top-rated stocks.

What is Manitex International's stock price target for 2024?

2 equities research analysts have issued twelve-month price objectives for Manitex International's shares. Their MNTX share price targets range from $8.00 to $10.00. On average, they expect the company's stock price to reach $9.00 in the next twelve months. This suggests a possible upside of 62.2% from the stock's current price.
View analysts price targets for MNTX
or view top-rated stocks among Wall Street analysts.

How have MNTX shares performed in 2024?

Manitex International's stock was trading at $8.74 at the start of the year. Since then, MNTX shares have decreased by 36.5% and is now trading at $5.55.
View the best growth stocks for 2024 here
.

Are investors shorting Manitex International?

Manitex International saw a decline in short interest in April. As of April 15th, there was short interest totaling 122,400 shares, a decline of 27.0% from the March 31st total of 167,600 shares. Based on an average daily trading volume, of 56,400 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.9% of the company's stock are sold short.
View Manitex International's Short Interest
.

When is Manitex International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our MNTX earnings forecast
.

How were Manitex International's earnings last quarter?

Manitex International, Inc. (NASDAQ:MNTX) released its earnings results on Thursday, February, 29th. The industrial products company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.19. The industrial products company earned $78.65 million during the quarter, compared to analyst estimates of $74.83 million. Manitex International had a net margin of 2.52% and a trailing twelve-month return on equity of 16.98%.

What guidance has Manitex International issued on next quarter's earnings?

Manitex International issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $300.0 million-$310.0 million, compared to the consensus revenue estimate of $305.6 million.

What is David J. Langevin's approval rating as Manitex International's CEO?

3 employees have rated Manitex International Chief Executive Officer David J. Langevin on Glassdoor.com. David J. Langevin has an approval rating of 62% among the company's employees. This puts David J. Langevin in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Manitex International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Manitex International investors own include Turquoise Hill Resources (TRQ), Trevena (TRVN), Universal Technical Institute (UTI), Advanced Micro Devices (AMD), Amyris (AMRS), Accuray (ARAY), Ardelyx (ARDX) and Anavex Life Sciences (AVXL).

How do I buy shares of Manitex International?

Shares of MNTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MNTX) was last updated on 4/26/2024 by MarketBeat.com Staff

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