For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Manitowoc Co., Inc (NYSE: MTW) closed at $10.94 in the last session, up 15.28% from day before closing price of $9.49. In other words, the price has increased by $15.28 from its previous closing price. On the day, 0.74 million shares were traded. MTW stock price reached its highest trading level at $11.14 during the session, while it also had its lowest trading level at $10.2141.
Ratios:
We take a closer look at MTW’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 1.97. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.78.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on May 01, 2023, Upgraded its rating to Equal Weight and sets its target price to $17 from $14 previously.
On April 03, 2023, Goldman Downgraded its rating to Sell which previously was Neutral and also upped its target price recommendation from $13 to $15.
Robert W. Baird Downgraded its Outperform to Neutral on April 08, 2022, while the target price for the stock was maintained at $16.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 01 ’24 when Regan Brian P bought 1,200 shares for $8.86 per share. The transaction valued at 10,633 led to the insider holds 109,486 shares of the business.
Cook James Steele bought 1,000 shares of MTW for $8,900 on Nov 01 ’24. The EVP, Human Resources now owns 42,120 shares after completing the transaction at $8.90 per share. On Aug 12 ’24, another insider, Cook James Steele, who serves as the EVP, Human Resources of the company, bought 1,098 shares for $9.12 each. As a result, the insider paid 10,008 and bolstered with 41,120 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MTW now has a Market Capitalization of 384288256 and an Enterprise Value of 873088192. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 0.63. Its current Enterprise Value per Revenue stands at 0.401 whereas that against EBITDA is 6.946.
Stock Price History:
Over the past 52 weeks, MTW has reached a high of $17.65, while it has fallen to a 52-week low of $8.50. The 50-Day Moving Average of the stock is 13.63%, while the 200-Day Moving Average is calculated to be -7.88%.
Shares Statistics:
According to the various share statistics, MTW traded on average about 282.69K shares per day over the past 3-months and 387470 shares per day over the past 10 days. A total of 35.09M shares are outstanding, with a floating share count of 33.76M. Insiders hold about 3.88% of the company’s shares, while institutions hold 78.32% stake in the company. Shares short for MTW as of 1728950400 were 761220 with a Short Ratio of 2.69, compared to 1726185600 on 675168. Therefore, it implies a Short% of Shares Outstanding of 761220 and a Short% of Float of 2.56.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.63.
