21.64 0.00 (0.00%)
After hours: 4:17PM EDT
|Bid||0.00 x 1100|
|Ask||26.00 x 1200|
|Day's Range||20.90 - 21.69|
|52 Week Range||20.58 - 44.03|
|Beta (3Y Monthly)||1.26|
|PE Ratio (TTM)||17.45|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||30.55|
While small-cap stocks, such as The Manitowoc Company Inc (NYSE:MTW) with its market cap of US$835m, are popular for their explosive growth, investors should also be aware of their balance Read More...
On Thursday, Robert W. Baird analyst Mircea Dobre upgraded Caterpillar (NYSE:CAT) to an “outperform,” and simultaneously upped his price target on CAT stock to $191, roughly 25% above the stock’s current price. A closer look at Dobre’s optimism, however, bodes even better for Caterpillar stock than just the upgrade and upped price target do. Dobre is stoked about the machinery industry in general, which can play a surprisingly significant role in the bigger-picture success of CAT stock.
Machinery stocks have meaningfully lagged behind the diversified industrial stocks as well as the overall market, rendering an attractive risk-reward proposition, according to Baird. The Analyst Analyst ...
Caterpillar Inc.'s stock rallied 2% in afternoon trade Thursday, after Baird analyst Mircea Dobre turned bullish on the machinery maker, citing an "attractive" risk-reward profile given its recent underperformance despite strong demand. Dobre raised his rating to outperform, after being at neutral for at least the past three years, and boosted his stock price target by 23% to $191 from $155. The stock had underperformed year to date, falling 1.1% while the Dow Jones Industrial Average has gained 7.8%, amid investor worries over trade wars and that growth had peaked. But Dobre said that while some of Caterpillar's end markets are close to peaking, he believes that more than 60% of sales are "at or below mid-cycle levels." He also believes capital deployment remains a catalyst. Dobre also upgraded Manitowoc Co. and Sun Hydraulics Corp. to outperform from neutral. He wrote in a note to clients that "the near-term picture is still robust as demand remains solid, pricing is coming through to support [second-half 2019] margins with raw materials plateauing."
NEW YORK, Aug. 28, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Evertec, ...
This analysis is intended to introduce important early concepts to people who are starting to invest and want to start learning about core concepts of fundamental analysis on practical examplesRead More...
The maker of maker of cranes and other machinery got unwanted attention when investor Carl Icahn sold shares back in February before the phrase "steel tariffs" became cocktail talk. In this daily bar chart of MTW, below, we can see that prices are below the declining 50-day moving average line and the weak 200-day moving average line. The daily On-Balance-Volume (OBV) has hit a new low for the move down and the 12-day price momentum study does not show a current bullish divergence.
On CNBC's "Mad Money Lightning Round" , Jim Cramer said that Carnival Corp (NYSE: CCL ) is good, but Norwegian Cruise Line Holdings Ltd (NYSE: NCLH ) has better growth. Cramer can't understand ...
Manitowoc (MTW) anticipated to benefit from backlog strength despite material inflation, tariffs and supply-chain challenges in the current year.
Orders grow 14% year-over-year to $430.8 million; GAAP Operating Income increased by 103% year-over-year; Updates 2018 guidance
On Monday, Manitowoc Co (NYSE: MTW ) will release its latest earnings report. Decipher the announcement with Benzinga's help. Earnings and Revenue Wall Street analysts see Manitowoc Co reporting earnings ...
The Manitowoc Company, Inc. (MTW) (the “Company” or “Manitowoc”), a leading global manufacturer of cranes and lifting solutions, today announced that Roy V. Armes has been elected to the Company’s board of directors, effective immediately, expanding the Manitowoc Board from seven to eight members. Mr. Armes brings expertise and a variety of distinguished professional experience to the Manitowoc Board. Mr. Armes, previously served on Manitowoc’s Board from 2010 to 2016.
The Manitowoc Company, Inc. (MTW) announced today that it will release its second-quarter 2018 financial results on Monday, August 6, after the close of market. Investors, media, and the general public may listen to a live Internet webcast of the conference call in the “Events & Presentation” section at http://ir.manitowoc.com. Founded in 1902, The Manitowoc Company, Inc. is a leading global manufacturer of cranes and lift solutions with manufacturing, distribution, and service facilities in 20 countries.
The Zacks Analyst Blog Highlights: Actuant, Manitowoc, Cleveland-Cliffs, Hi-Crush and Meritor
The machinery cycle may be taking a turn for the worse, and one Wall Street analyst has adjusted his ratings on a handful of related stocks. The Analyst Goldman Sachs analyst Jerry Revich has made the ...
Strong prospects of ABB's end markets coupled with its recent investments are expected to be conducive to its second-quarter results.