26.86 0.00 (0.00%)
After hours: 5:10PM EDT
|Bid||26.50 x 1400|
|Ask||28.40 x 1000|
|Day's Range||26.79 - 27.98|
|52 Week Range||23.27 - 29.06|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 6, 2018 - Aug 10, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||35.96|
NEW YORK, May 09, 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 The ...
Manitowoc (MTW) is anticipated to benefit from transformation efforts in 2018 despite materials inflation and supply chain challenges.
The Manitowoc Company, Inc. , a leading global manufacturer of cranes and lifting solutions, today reported first-quarter net sales of $386.1 million and diluted EPS on a GAAP basis of $ and $ on an adjusted basis.
Industrial production, which is considered one of the leading economic indicators for industrial stocks, jumped 4.5% at an annual rate in the first quarter of 2018. Another positive development is that mining output has increased for six consecutive quarters. This indicates strong growth in manufacturing for the 20th consecutive month, led by continued expansion in new orders, production activity, employment and inventories.
With strong growth noted in manufacturing activity and new orders, it will be prudent to capitalize on the momentum. We suggest six lucrative industrial stocks before they release earnings numbers.
Korn/Ferry International, Manitowoc, eBay, Morgan Stanley and PayPal highlighted as Zacks Bull and Bear of the Day
The Manitowoc Company Inc (NYSE:MTW) is currently trading at a trailing P/E of 99.2x, which is higher than the industry average of 24.2x. While this makes MTW appear like aRead More...
The Trump administration recently announced Section 232 Proclamation on imports, imposing a 25-percent duty on steel and a 10-percent tariff on aluminum imports. Against this backdrop and a number of ...
While the imposition of tariff on steel and aluminum imports comes as welcome news for the domestic steel industry, it has raised worries for the manufacturing industry which is a major consumer of the metals.
Manitowoc's (MTW) results will be hit hard by the recent imposition of steel tariff given that it is already grappling with sluggish demand which makes it difficult to raise prices.
Moody's Investors Service, ("Moody's") upgraded the ratings of The Manitowoc Company, Inc. (Manitowoc), with the Corporate Family Rating (CFR) to B3 from Caa1 and the second lien notes initially ...
Billionaire Carl Icahn denied he engaged in insider trading when he sold Manitowoc stock ahead of new U.S. tariffs.
Billionaire Carl Icahn was reportedly peeved over recent coverage on his selling shares in The Manitowoc Co. Inc. The activist investor said Wednesday that he made the decision without prior knowledge of the tariffs recently proposed by President Donald Trump. Reporters quickly raised an eyebrow when Icahn, who is a former advisor to President Trump, sold the Manitowoc shares ahead of Trump's tariff plan announcement last week due to it possibly hurting steel manufacturing.
NEW YORK (AP) — Billionaire investor Carl Icahn denied having prior knowledge of President Donald Trump's plans to impose tariffs on imported steel and aluminum before he sold about $31 million of stock in steel-dependent Manitowoc Co.
Icahn said in a statement on his website that he reduced his position in crane maker Manitowoc Co Inc (MTW.N) for "legitimate investment reasons http://bit.ly/2Hbuo4z" and dismissed any speculation that his sale of shares was prompted by knowledge about Trump's plans. On March 1, Trump said he would impose 25 percent tariffs on steel imports and 10 percent on imported aluminium to make domestic production more attractive.
Icahn said in a statement on his website that he reduced his position in crane maker Manitowoc Co Inc (MTW.N) for "legitimate investment reasons http://bit.ly/2Hbuo4z" and dismissed any speculation that his sale of shares was prompted by knowledge about Trump's plans. On March 1, Trump said he would impose 25 percent tariffs on steel imports and 10 percent on imported aluminum to make domestic production more attractive.
The insurgent investor said he didn't know that the Trump administration would impose a 25% tariff on steel imports before he cut his stake in a manufacturing company heavily dependent on steel.
Investor Carl Icahn issued a statement on his website saying that he didn't reduce his stake in Manitowoc Co. because of insider trading. "We state for the record: Any suggestion that we had prior ...
NEW YORK, March 07, 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 ...
Billionaire investor Carl Icahn sold nearly 1 million shares of stock in a company tied to the steel industry leading up to President Donald Trump's decision to impose costly tariffs on steel and aluminum ...