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Last $19.75 USD
Change Today -0.01 / -0.05%
Volume 1.6M
MTW On Other Exchanges
Symbol
Exchange
Berlin
As of 3:58 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

manitowoc company inc (MTW) Snapshot

Open
$19.92
Previous Close
$19.76
Day High
$19.96
Day Low
$19.47
52 Week High
07/3/14 - $33.50
52 Week Low
10/15/14 - $16.24
Market Cap
2.7B
Average Volume 10 Days
3.7M
EPS TTM
$0.93
Shares Outstanding
136.0M
EX-Date
11/25/14
P/E TM
21.1x
Dividend
$0.08
Dividend Yield
0.41%
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 Seeks Acquisitions

The Manitowoc Company, Inc. (NYSE:MTW) is looking for acquisitions. Glen Tellock, Chairman and Chief Executive Officer of The Manitowoc Company states, "Yet at the same time if you want to do things within that industry, it is a little more consolidated industry but there's some pretty good opportunities to focus and look at whether it's acquisitions, mergers, or anything else, you have the opportunity to use that capital structure in and of itself to make those decisions."

The Manitowoc Company, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reaffirms Earnings Guidance for 2015

The Manitowoc Company, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For first-quarter of 2015, the company reported sales of $752.1 million, an 11.5% decrease from $850.0 million in the first quarter of 2014. On a GAAP basis, the company reported a net loss of $8.4 million, or $0.06 per diluted share, in the first-quarter 2015 versus a net loss of $8.8 million, or $0.06 per diluted share, in the first quarter of 2014. Excluding special items, the adjusted loss from continuing operations was $6.3 million, or $0.05 per diluted share, in the first quarter of 2015, versus adjusted earnings from continuing operations of $23.7 million, or $0.17 per diluted share, in the first quarter of 2014. Cash flow from operating activities of continuing operations in the first quarter of 2015 was a use of $135.6 million, driven by seasonal working capital requirements that were partially offset by improved inventory levels within the crane business compared to $264.6 million a year ago. First-quarter capital expenditures totaled $11.7 million compared to $16.7 million a year ago. Operating earnings were $12.7 million, loss from continuing operations before taxes on income were $9.5 million against operating earnings of $53.6 million and profit from continuing operations before taxes on income of $22.3 million respectively a year ago. Adjusted EBITDA was $394.1 million. The company is reaffirming its full-year guidance for 2015. For the full-year 2015, the company expects capital expenditures to be approximately $85 million, effective tax rate to be mid-to-high 20% range, and depreciation & amortization - approximately $110 million.

The Manitowoc Company, Inc. Presents at 2015 Wells Fargo Industrial and Construction Conference, May-05-2015

The Manitowoc Company, Inc. Presents at 2015 Wells Fargo Industrial and Construction Conference, May-05-2015 . Venue: The New York Palace, 455 Madison Avenue, New York, NY 10022, United States.

 

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Industry Analysis

MTW

Industry Average

Valuation MTW Industry Range
Price/Earnings 18.7x
Price/Sales 0.7x
Price/Book 3.6x
Price/Cash Flow 15.1x
TEV/Sales 0.3x
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