Manitowoc (NYSE:MTW) Updates FY 2025 Earnings Guidance

Manitowoc (NYSE:MTW) issued an update on its FY 2025 earnings guidance on Wednesday morning. 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.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on MTW shares. StockNews.com upgraded Manitowoc from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Robert W. Baird reduced their price target on Manitowoc from $13.00 to $12.00 and set a “neutral” rating for the company in a research report on Friday, November 1st. Two investment analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $12.47.

Manitowoc Price Performance

MTW stock traded down $0.18 during mid-day trading on Wednesday, reaching $9.79. 387,733 shares of the company’s stock were exchanged, compared to its average volume of 240,644. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.97 and a quick ratio of 0.60. Manitowoc has a 12-month low of $8.30 and a 12-month high of $16.72. The stock’s 50 day moving average is $9.40 and its 200 day moving average is $9.82. The company has a market cap of $343.92 million, a price-to-earnings ratio of -36.26 and a beta of 1.83.

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