MTW Stock Recent News
MTW LATEST HEADLINES
Manitowoc's (MTW) top and bottom lines fell year over year in the first quarter of 2024.
The Manitowoc Company, Inc. (MTW) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.46 per share a year ago.
The Manitowoc Company ( MTW ) is a global provider of crane-based lifting solutions for the world's builders of skyscrapers, bridges, mining, and other complex projects requiring heavy vertical feats. Founded in 1902, MTW provides engineered lifting solutions for numerous industries, from housing to helipads.
Investors need to pay close attention to Manitowoc (MTW) stock based on the movements in the options market lately.
In the latest trading session, The Manitowoc Company, Inc. (MTW) closed at $14.09, marking a +1.29% move from the previous day.
The Manitowoc Company, Inc. (MTW) closed the most recent trading day at $14.14, moving +0.86% from the previous trading session.
The Manitowoc Company, Inc. (MTW) closed the most recent trading day at $13.45, moving +1.74% from the previous trading session.
The Manitowoc Company, Inc. (MTW) closed the most recent trading day at $13.02, moving +0.46% from the previous trading session.
Value investing involves buying stocks at a low price during market downturns, with the expectation of a future recovery. The Manitowoc Company, a producer of equipment like cranes, experienced a decline in revenue and orders in 2023. Despite weak leading indicators, management expects global demand for mobile cranes to remain strong, and the stock is still attractively priced compared to similar firms.
The Manitowoc Company, Inc. (MTW) Q4 2023 Earnings Call Transcript