Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $17.07 USD
Change Today +0.58 / 3.52%
Volume 515.6K
MTW On Other Exchanges
Symbol
Exchange
New York
As of 10:33 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

manitowoc company inc (MTW) Snapshot

Open
$16.49
Previous Close
$16.49
Day High
$17.16
Day Low
$16.46
52 Week High
09/2/14 - $29.89
52 Week Low
08/25/15 - $14.89
Market Cap
2.3B
Average Volume 10 Days
2.8M
EPS TTM
$0.81
Shares Outstanding
136.6M
EX-Date
11/25/14
P/E TM
21.1x
Dividend
$0.08
Dividend Yield
0.48%
Current Stock Chart for MANITOWOC COMPANY INC (MTW)

manitowoc company inc (MTW) Related Businessweek News

No Related Businessweek News Found

manitowoc company inc (MTW) Details

The Manitowoc Company, Inc. designs, manufactures, and sells cranes and related products, and foodservice equipment worldwide. The Cranes and Related Products segment offers lattice-boom cranes, including crawler and truck mounted lattice-boom cranes, and crawler crane attachments; tower cranes comprising top slewing, luffing jib, topless, and self-erecting tower cranes; mobile telescopic cranes, such as rough terrain, all-terrain, truck mounted, and industrial cranes; and boom trucks comprising telescopic boom trucks under the Manitowoc, Potain, Grove, National Crane, and Shuttlelift brands. Its products are used in various applications, including energy and utilities; petrochemical and industrial projects; infrastructure development, such as road, bridge, and airport construction; and commercial and high-rise residential construction. This segment also offers replacement parts, product services, and crane rebuilding and remanufacturing services under the Manitowoc Crane Care brand name. The Foodservice Equipment segment provides cooking and warming equipment; ice machines and storage bins; refrigerator and freezer equipment; beverage dispensers and related products; serving and storage equipment; and food preparation equipment under the Cleveland, Convotherm, Dean, Delfield, Fabristeel, Frymaster, Garland, Inducs, Koolaire, Kolpak, Kysor Panel Systems, Lincoln, Manitowoc Ice, Merco, Merrychef, Multiplex, Servend, and U.S. Range brands. Its products are used by commercial and institutional foodservice operators, such as full service restaurants, quick-service restaurant chains, hotels, industrial caterers, supermarkets, convenience stores, business and industry, hospitals, schools, and other institutions. This segment also offers parts and aftermarket services under the KitchenCare brand name. The company was founded in 1853 and is based in Manitowoc, Wisconsin.

12,300 Employees
Last Reported Date: 02/20/15
Founded in 1853

manitowoc company inc (MTW) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $985.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $457.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $412.0K
Senior Vice President of Human Resources & Ad...
Total Annual Compensation: $420.0K
Senior Vice President of Business Development
Total Annual Compensation: $460.0K
Compensation as of Fiscal Year 2014.

manitowoc company inc (MTW) Key Developments

the Manitowoc Company, Inc. Appoints Hubertus M. Muehlhaeuser as President and Chief Executive Officer of its Foodservice Segment, Effective August 3, 2015

On July 28, 2015, the Board of Directors of The Manitowoc Company, Inc. appointed Hubertus M. Muehlhaeuser as President and Chief Executive Officer of the company's Foodservice segment, effective August 3, 2015. Robert M. Hund, the current President of the Foodservice segment, will continue with the Foodservice segment in a different capacity, and will remain an executive officer of the company. Mr. Muehlhaeuser, age 45, has served as Chairman and Managing Partner of Karl-H. Muehlhaeuser GmbH & Co KG since 2013.

The Manitowoc Company, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Revises Earnings Guidance for the Full Year of 2015

The Manitowoc Company, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales of $885.4 million compared to $1,012.8 million a year ago. Operating earnings were $60.4 million compared to $95.4 million a year ago. Earnings from continuing operations before taxes on income were $37.9 million compared to $66.1 million a year ago. Earnings from continuing operations were $23.2 million compared to $46.9 million a year ago. Net earnings were $23.3 million compared to $46.6 million a year ago. Net earnings attributable to the company were $23.3 million or $0.17 per diluted share compared to $46.6 million or $0.34 per diluted share a year ago. Amounts attributable to the company’s common shareholders: earnings from continuing operations were $23.2 million or $0.17 per diluted share compared to $46.9 million or $0.34 per diluted share a year ago. Net cash provided by operating activities was $55.5 million compared to $72.2 million a year ago. Capital expenditures were $17.5 million compared to $18.3 million a year ago. For the six months, the company reported net sales of $1,637.5 million compared to $1,862.8 million a year ago. Operating earnings were $73.1 million compared to $149.0 million a year ago. Earnings from continuing operations before taxes on income were $28.4 million compared to $74.7 million a year ago. Earnings from continuing operations were $14.9 million compared to $52.9 million a year ago. Net earnings were $14.9 million compared to $41.7 million a year ago. Net earnings attributable to the company were $14.9 million or $0.11 per diluted share compared to $37.8 million or $0.35 per diluted share a year ago. Amounts attributable to the company’s common shareholders: earnings from continuing operations were $14.9 million or $0.11 per basic and diluted share compared to $48.6 million or $0.28 per basic and diluted share a year ago. Net cash used for operating activities was $80.2 million compared to $199.2 million a year ago. Capital expenditures were $29.2 million compared to $35.0 million a year ago. The company revised earnings guidance for the full year of 2015. For the full-year 2015, the company is revising its previous guidance and now expects capital expenditures of approximately $70 million, depreciation & amortization of approximately $110 million, interest expense of approximately $80 million and effective tax rate of approximately 30%.

Alimak Group Co-Develops Tower Crane Elevators Together with the Manitowoc Company, Inc

Alimak Group has signed an agreement with Manitowoc Company Inc. regarding joint development and production of specialized internal tower crane elevators. The agreement covers co-development and distribution of tower crane elevators. Alimak will supply its standardized external operator elevators adapted to fit the Manitowoc range of cranes that will be offered in both Alimak's and Manitowo's respective global sales and distribution networks. In addition, Alimak has signed an exclusive distribution agreement with Manitowoc regarding an internal tower crane elevator, attached within the crane´s mast, which will be exclusively sold and distributed by Manitowoc.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MTW:US $17.07 USD +0.58

MTW Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Joy Global Inc $24.54 USD +0.232
Meritor Inc $13.16 USD +0.24
Tadano Ltd ¥1,693 JPY +91.00
Timken Co/The $31.34 USD +0.58
XCMG Construction Machinery Co Ltd CNY13.20 CNY +1.20
View Industry Companies
 

Industry Analysis

MTW

Industry Average

Valuation MTW Industry Range
Price/Earnings 17.5x
Price/Sales 0.6x
Price/Book 2.7x
Price/Cash Flow 13.7x
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MANITOWOC COMPANY INC, please visit www.manitowoc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.