07 July, 2017
Jefferies Group LLC reaffirmed a "buy" rating and issued a $8.00 price objective on shares of Manitowoc Company, Inc.
Manitowoc Company, Inc. (The) (MTW) now has P/E (Price to Earnings) ratio of 0 while the company's industry has 25.96 P/E and the sector P/E is 22.5. The fund purchased 33,279 shares of the industrial products company's stock, valued at approximately $190,000.
Several research analysts have recently issued reports on the company. Combining all the recommendations on Manitowoc Company Inc (NYSE:MTW), the mean now stands at 2.8. Rambus Inc. has 3 buy ratings, 1 holds and 0 sells even after the stock tumbled -21.86% from its high of $14.5 to a $1.28 billion market value through last close. Manitowoc Company (NYSE:MTW) has a market cap of $841.89 Million and the number of outstanding shares have been calculated 140.08 Million. (The) from $7.25 to $8.00 and gave the company a "hold" rating in a research report on Wednesday, May 10th. Royal Bank Of Canada reissued a hold rating and set a $5.50 target price on shares of Manitowoc Company, Inc. (The) to a "positive" rating in a report on Friday, March 17th. Comparatively, Manitowoc Company, Inc. (The) in a research report on Friday, March 24th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock.
Price targets show what analysts believes a stock will be worth at the end of a certain time period.
Manitowoc Company, Inc. (The) (NYSE:MTW) last announced its quarterly earnings data on Monday, May 8th. The stock has been active on the tape, now trading at $6.04, up from yesterday's close by 0.50%. The stock had a trading volume of 1,929,526 shares. The company's market capitalization is $812.31 million. The company's 5 year Earnings per share growth and Capital Spending growth remains at 0 and -6.61.
The company's share price is down -26.38% from previous highs of around $7.57 per share on January 27, 2017.
Having a peek at growth estimates of the company, Manitowoc Company (NYSE:MTW) has current quarter growth estimates of -200% however it has 78.6% estimations over growth for the next quarter. The industrial products company reported ($0.17) earnings per share for the quarter, hitting the Zacks' consensus estimate of ($0.17). The company had revenue of $305.80 million during the quarter, compared to analysts' expectations of $336.85 million.
14-day Williams %R for The Manitowoc Company, Inc. MTW generated revenue of $427.18 Million in the same quarter, one year ago. During the same quarter past year, the firm earned ($0.04) earnings per share. Price T Rowe Assocs Inc Md has invested 0% in Manitowoc Company Inc (NYSE:MTW). If you are reading this report on another domain, it was illegally copied and republished in violation of United States & worldwide trademark and copyright law. If you are reading this piece on another website, it was stolen and reposted in violation of USA & global copyright & trademark legislation. The original version of this report can be viewed at https://www.thecerbatgem.com/2017/07/03/invictus-rg-takes-position-in-manitowoc-company-inc-the-mtw-updated.html. Montana-based Da Davidson has invested 0% in Manitowoc Company Inc (NYSE:MTW). (The) during the fourth quarter worth $17,367,000. Finally, Dimensional Fund Advisors LP boosted its position in Manitowoc Company, Inc.
04/04/2016 - Manitowoc Company, Inc. (The) during the fourth quarter worth about $508,000.
03/09/2016 - Manitowoc Company, Inc. (The) during the fourth quarter worth approximately $267,000.
03/08/2016 - Manitowoc Company, Inc. Institutional investors own 79.10% of the company's stock.
