杰富瑞金融集团(纽约证券交易所代码:MTW)发布的马尼托瓦克公司2023年第二季度收益预期

杰富瑞金融集团(纽约证券交易所代码:MTW)发布的马尼托瓦克公司2023年第二季度收益预期
2023年02月24日 16:02 富途牛牛综合

The Manitowoc Company, Inc. (NYSE:MTW – Get Rating) – Stock analysts at Jefferies Financial Group decreased their Q2 2023 earnings per share (EPS) estimates for shares of Manitowoc in a note issued to investors on Tuesday, February 21st. Jefferies Financial Group analyst S. Volkmann now anticipates that the industrial products company will post earnings of $0.13 per share for the quarter, down from their prior forecast of $0.14. The consensus estimate for Manitowoc's current full-year earnings is $0.52 per share. Jefferies Financial Group also issued estimates for Manitowoc's FY2025 earnings at $1.30 EPS.

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Manitowoc (NYSE:MTW – Get Rating) last posted its quarterly earnings results on Tuesday, February 21st. The industrial products company reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.23 by $0.51. Manitowoc had a positive return on equity of 5.83% and a negative net margin of 6.08%. The company had revenue of $621.60 million for the quarter, compared to analysts' expectations of $562.36 million. During the same period in the previous year, the firm earned $0.27 EPS.

A number of other research firms also recently issued reports on MTW. The Goldman Sachs Group lifted their price objective on Manitowoc from $11.50 to $13.00 and gave the stock a "neutral" rating in a research note on Wednesday. William Blair reaffirmed a "market perform" rating on shares of Manitowoc in a research note on Tuesday, November 8th. Robert W. Baird lifted their price objective on Manitowoc from $15.00 to $17.00 and gave the stock a "neutral" rating in a research note on Tuesday. Credit Suisse Group cut their target price on Manitowoc from $12.00 to $10.00 and set a "neutral" rating on the stock in a research report on Wednesday, November 9th. Finally, Stifel Nicolaus boosted their target price on Manitowoc from $12.00 to $13.00 and gave the company a "hold" rating in a research report on Monday, December 19th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $12.75.

Manitowoc Stock Up 8.6 %

NYSE MTW opened at $17.74 on Thursday. The company has a current ratio of 1.82, a quick ratio of 0.56 and a debt-to-equity ratio of 0.64. Manitowoc has a 12 month low of $7.53 and a 12 month high of $18.14. The stock's 50 day moving average is $12.10 and its 200 day moving average is $10.30. The stock has a market cap of $624.27 million, a PE ratio of -5.04 and a beta of 2.20.

Hedge Funds Weigh In On Manitowoc

Several hedge funds have recently bought and sold shares of the business. Legal & General Group Plc grew its position in Manitowoc by 7.2% in the 4th quarter. Legal & General Group Plc now owns 15,253 shares of the industrial products company's stock valued at $140,000 after acquiring an additional 1,023 shares during the last quarter. US Bancorp DE lifted its holdings in shares of Manitowoc by 43.6% in the 1st quarter. US Bancorp DE now owns 3,775 shares of the industrial products company's stock worth $57,000 after buying an additional 1,146 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Manitowoc by 0.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 231,483 shares of the industrial products company's stock worth $1,791,000 after buying an additional 1,179 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in shares of Manitowoc by 2.7% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 51,942 shares of the industrial products company's stock worth $403,000 after buying an additional 1,382 shares during the period. Finally, Gabelli Funds LLC lifted its holdings in shares of Manitowoc by 1.7% in the 4th quarter. Gabelli Funds LLC now owns 90,500 shares of the industrial products company's stock worth $829,000 after buying an additional 1,500 shares during the period. Institutional investors own 74.27% of the company's stock.

About Manitowoc

(Get Rating)

The Manitowoc Co, Inc provides engineered lifting solutions. The firm designs, manufactures, markets and supports product lines of mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, boom trucks and industrial cranes under the Grove, Potain, Manitowoc, National Crane, Shuttlelift and Manitowoc Crane Care brand names.

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