NASDAQ:MNTX Manitex International (MNTX) Stock Price, News & Analysis → 😱 This phenomenon is smashing regular market gains (From MillPub) (Ad) Free MNTX Stock Alerts $5.20 -0.01 (-0.19%) (As of 05/1/2024 ET) Add Compare Share Share Today's Range$5.09▼$5.3250-Day Range$5.21▼$7.3952-Week Range$3.72▼$9.16Volume26,991 shsAverage Volume62,146 shsMarket Capitalization$105.40 millionP/E Ratio14.44Dividend YieldN/APrice Target$9.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Manitex International alerts: Email Address Manitex International MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside73.1% Upside$9.00 Price TargetShort InterestHealthy0.89% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.72Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth31.43%From $0.35 to $0.46 Per ShareSee Full Details Hide Full Details 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.4.07 out of 5 starsIndustrial Products Sector48th out of 154 stocksSpecial Industry Machinery, Not Elsewhere Classified Industry5th out of 13 stocks 3.5 Analyst's Opinion Consensus RatingManitex International has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageManitex International has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.89% of the float of Manitex International has been sold short.Short Interest Ratio / Days to CoverManitex International has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Manitex International has recently decreased by 26.97%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldManitex International does not currently pay a dividend.Dividend GrowthManitex International does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MNTX. Previous Next 2.6 News and Social Media Coverage News SentimentManitex International has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Manitex International this week, compared to 0 articles on an average week.Search InterestOnly 3 people have searched for MNTX on MarketBeat in the last 30 days. This is a decrease of -73% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Manitex International insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.26% of the stock of Manitex International is held by insiders.Percentage Held by Institutions46.01% of the stock of Manitex International is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Manitex International are expected to grow by 31.43% in the coming year, from $0.35 to $0.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Manitex International is 14.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.13.Price to Earnings Ratio vs. SectorThe P/E ratio of Manitex International is 14.44, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.59.Price to Book Value per Share RatioManitex International has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Freeport SocietyBill Clinton Backing Biden Replacement???Bill Clinton is back. And he just met in Mexico with the one person I believe could REPLACE Joe Biden by August…Click here now for my urgent election forecast. 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.Read More MNTX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MNTX Stock News HeadlinesApril 25, 2024 | businesswire.comManitex International Announces First Quarter 2024 Results Conference Call and Webcast DateApril 17, 2024 | finance.yahoo.comShould We Be Cautious About Manitex International, Inc.'s (NASDAQ:MNTX) ROE Of 9.9%?May 1, 2024 | Banyan Hill Publishing (Ad)The Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 4, 2024 | businesswire.comManitex International Announces First Deliveries of New Articulated Truck Mounted Crane From PM GroupMarch 31, 2024 | finance.yahoo.comReturns On Capital Are Showing Encouraging Signs At Manitex International (NASDAQ:MNTX)March 11, 2024 | businesswire.comManitex International to Attend the 36th Annual Roth ConferenceMarch 3, 2024 | finance.yahoo.comManitex International, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextMarch 3, 2024 | finance.yahoo.comManitex International, Inc. (NASDAQ:MNTX) Q4 2023 Earnings Call TranscriptMay 1, 2024 | Banyan Hill Publishing (Ad)READ THIS – If You Missed Out On The AI BoomAdam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”March 2, 2024 | seekingalpha.comManitex International, Inc. (MNTX) Q4 2023 Earnings Call TranscriptMarch 2, 2024 | finance.yahoo.comManitex International Full Year 2023 Earnings: Beats ExpectationsFebruary 29, 2024 | finance.yahoo.comManitex International Inc (MNTX) Reports Solid Q4 and Full-Year 2023 ResultsFebruary 29, 2024 | businesswire.comManitex International Reports Fourth Quarter and Full-Year 2023 ResultsFebruary 20, 2024 | finance.yahoo.comManitex International Announces Fourth Quarter and Full-Year 2023 Results Conference Call and Webcast DateFebruary 20, 2024 | businesswire.comManitex International Announces Fourth Quarter and Full-Year 2023 Results Conference Call and Webcast DateJanuary 24, 2024 | finance.yahoo.comManitex International Appoints Shinichi Iimura to Board of DirectorsJanuary 24, 2024 | finance.yahoo.comIs Manitex International, Inc. (NASDAQ:MNTX) Trading At A 49% Discount?January 24, 2024 | finance.yahoo.comChuck Royce Trims Position in Manitex International IncDecember 28, 2023 | finance.yahoo.comOwning 46% shares,institutional owners seem interested in Manitex International, Inc. (NASDAQ:MNTX),December 14, 2023 | finance.yahoo.comIs Manitex International, Inc. (NASDAQ:MNTX) Potentially Undervalued?November 30, 2023 | finance.yahoo.comThose who invested in Manitex International (NASDAQ:MNTX) three years ago are up 42%November 8, 2023 | finance.yahoo.comShould You Be Concerned About Manitex International, Inc.'s (NASDAQ:MNTX) ROE?November 5, 2023 | finance.yahoo.comManitex International, Inc. (NASDAQ:MNTX) Q3 2023 Earnings Call TranscriptNovember 3, 2023 | finance.yahoo.comQ3 2023 Manitex International Inc Earnings CallNovember 2, 2023 | finance.yahoo.comManitex International Reports Third Quarter 2023 ResultsNovember 2, 2023 | finance.yahoo.comManitex International Inc (MNTX) Reports 9.7% Increase in Q3 2023 Net RevenueOctober 25, 2023 | finance.yahoo.comManitex International Announces Third Quarter 2023 Results Conference Call and Webcast DateSee More Headlines Receive MNTX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Manitex International and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/29/2024Today5/01/2024Next Earnings (Confirmed)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorIndustrial Products Industry Special industry machinery, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:MNTX CUSIPN/A CIK1302028 Webwww.manitexinternational.com Phone(708) 430-7500Fax708-430-1335Employees705Year Founded1993Price Target and Rating Average Stock Price Target$9.00 High Stock Price Target$10.00 Low Stock Price Target$8.00 Potential Upside/Downside+72.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.36 Trailing P/E Ratio14.47 Forward P/E Ratio14.89 P/E GrowthN/ANet Income$7.36 million Net Margins2.52% Pretax Margin1.87% Return on Equity16.98% Return on Assets4.92% Debt Debt-to-Equity Ratio0.86 Current Ratio1.57 Quick Ratio0.68 Sales & Book Value Annual Sales$291.39 million Price / Sales0.36 Cash Flow$1.14 per share Price / Cash Flow4.57 Book Value$3.93 per share Price / Book1.33Miscellaneous Outstanding Shares20,270,000Free Float19,004,000Market Cap$105.61 million OptionableOptionable Beta0.79 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. David J. Langevin CPA (Age 73)Executive Chairman Comp: $459.5kMr. J. Michael Coffey (Age 52)CEO & Director Comp: $1.37MMr. Joseph R. Doolan CPA (Age 60)CFO, Senior VP & Principal Accounting Officer Comp: $678.95kMr. Stoyan Filipov (Age 56)Special Advisor Comp: $444.27kMr. Scott RolstonSenior Vice President of Strategic PlanningMr. Richard MillsPresident of Manitex North American ManufacturingGiovanni TacconiVP & Italian MDMr. Alberto RanziDirector of Human Resources - European ManufacturingMr. Roberto ChiesaCFO - European ManufacturingSteve BernerVP & President of Rabern RentalsMore ExecutivesKey CompetitorsIntevacNASDAQ:IVACVelo3DNYSE:VLDAmtech SystemsNASDAQ:ASYSCVD EquipmentNASDAQ:CVVDesktop MetalNYSE:DMView All CompetitorsInstitutional OwnershipCutter & CO Brokerage Inc.Bought 18,719 shares on 4/30/2024Ownership: 0.092%Auxier Asset ManagementSold 4,900 shares on 2/22/2024Ownership: 0.842%First Wilshire Securities Management Inc.Sold 45,145 shares on 2/12/2024Ownership: 4.890%Pacific Ridge Capital Partners LLCSold 12,201 shares on 2/12/2024Ownership: 4.747%First Eagle Investment Management LLCSold 3,500 shares on 2/8/2024Ownership: 1.470%View All Institutional Transactions MNTX Stock Analysis - Frequently Asked Questions Should I buy or sell Manitex International stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Manitex International in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research 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 analysts have issued 12 month target prices for Manitex International's shares. Their MNTX share price targets range from $8.00 to $10.00. On average, they anticipate the company's share price to reach $9.00 in the next year. This suggests a possible upside of 73.1% 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 stock has decreased by 40.5% and is now trading at $5.20. View the best growth stocks for 2024 here. Are investors shorting Manitex International? Manitex International saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 122,400 shares, a drop of 27.0% from the March 31st total of 167,600 shares. Based on an average trading volume of 56,400 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.9% of the company's shares are short sold. 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 can I listen to Manitex International's earnings call? Manitex International will be holding an earnings conference call on Thursday, May 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "1155742". How were Manitex International's earnings last quarter? Manitex International, Inc. (NASDAQ:MNTX) posted its earnings results on Thursday, February, 29th. The industrial products company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.19. The industrial products company had revenue of $78.65 million for the quarter, compared to analyst estimates of $74.83 million. Manitex International had a trailing twelve-month return on equity of 16.98% and a net margin of 2.52%. What guidance has Manitex International issued on next quarter's earnings? Manitex International updated 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). Who are Manitex International's major shareholders? Manitex International's stock is owned by many different retail and institutional investors. Top institutional investors include Cutter & CO Brokerage Inc. (0.09%). Insiders that own company stock include David J Langevin, Joseph Doolan and Michael Coffey. View institutional ownership trends. 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 5/1/2024 by MarketBeat.com Staff From Our PartnersElon’s New Device is About to Shock the WorldInvestorPlace😱 This phenomenon is smashing regular market gainsMillPubYour bank is lying to you.MyBankTrackerDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe “Next Bitcoin”? 10 CENT Crypto Set to ExplodeTrue Market InsidersForget Nvidia. This is the future of AIPorter & CompanyBiden out June 13; Kamala won’t replace him?Paradigm PressForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill Publishing Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Manitex International, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
