|Bid||8.59 x 1000|
|Ask||8.64 x 800|
|Day's Range||8.52 - 8.73|
|52 Week Range||7.24 - 17.78|
|Beta (5Y Monthly)||1.46|
|PE Ratio (TTM)||44.43|
|Earnings Date||Nov 04, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Nov 24, 2015|
|1y Target Est||12.20|
The Manitowoc Company, Inc. (NYSE: MTW) announced today that it will release its third-quarter financial results on Wednesday, November 4, 2020, after the close of market. The company will host a conference call at 10:00 a.m. U.S. Eastern Daylight Time on Thursday, November 5, 2020, to discuss its results. The call will be available via webcast on the Manitowoc website at http://ir.manitowoc.com in the "Events & Presentations" section. In addition, the call will be recorded and available for replay on the website.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Manitowoc Company, Inc. (The) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service ("Moody's") downgraded the ratings of The Manitowoc Company, Inc. ("Manitowoc") including the company's corporate family rating (CFR) to B3 from B2, probability of default (PDR) to B3-PD from B2-PD, and rating on the company's $300 million senior secured second lien notes due 2026 to B3 from B2. "However, we continue to expect Manitowoc's liquidity to remain adequate with no significant debt maturities until the notes mature in 2026".