Manitowoc (NYSE:MTW) is set to release its earnings data after the market closes on Thursday, February 7th. Analysts expect Manitowoc to post earnings of $0.05 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Manitowoc (NYSE:MTW) last announced its earnings results on Monday, November 5th. The industrial products company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.12. Manitowoc had a net margin of 2.56% and a return on equity of 1.80%. The business had revenue of $450.10 million during the quarter, compared to the consensus estimate of $452.64 million. During the same quarter last year, the firm earned $0.37 earnings per share. Manitowoc’s quarterly revenue was up 12.7% on a year-over-year basis. On average, analysts expect Manitowoc to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of NYSE MTW opened at $16.85 on Wednesday. Manitowoc has a twelve month low of $13.22 and a twelve month high of $38.88. The firm has a market cap of $591.51 million, a P/E ratio of -64.81 and a beta of 1.85. The company has a quick ratio of 0.69, a current ratio of 1.75 and a debt-to-equity ratio of 0.39.

MTW has been the subject of a number of analyst reports. Zacks Investment Research downgraded shares of Manitowoc from a “buy” rating to a “hold” rating in a research note on Thursday, January 3rd. Royal Bank of Canada lowered their target price on shares of Manitowoc to $35.00 and set an “outperform” rating for the company in a research note on Wednesday, November 7th. They noted that the move was a valuation call. ValuEngine downgraded shares of Manitowoc from a “sell” rating to a “strong sell” rating in a research note on Monday. Finally, TheStreet downgraded shares of Manitowoc from a “c” rating to a “d+” rating in a research note on Monday, November 26th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $29.33.

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About Manitowoc

The Manitowoc Company, Inc provides engineered lifting equipment for the construction industry in the Americas, Europe, Africa, the Middle East, and the Asia Pacific. It designs, manufactures, and distributes crawler-mounted lattice-boom cranes under the Manitowoc brand; a line of top-slewing and self-erecting tower cranes under the Potain brand; mobile telescopic cranes under the Grove brand; and a line of hydraulically powered telescopic boom trucks under the National Crane brand.

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Earnings History for Manitowoc (NYSE:MTW)

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