Manitex International Inc (NASDAQ:MNTX) has received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Brokerages have set a one year consensus price target of $11.00 for the company and are predicting that the company will post $0.06 EPS for the current quarter, according to Zacks. Zacks has also assigned Manitex International an industry rank of 151 out of 256 based on the ratings given to related companies.
MNTX has been the topic of several research reports. Zacks Investment Research downgraded shares of Manitex International from a “hold” rating to a “sell” rating in a report on Wednesday, March 20th. ValuEngine upgraded shares of Manitex International from a “sell” rating to a “hold” rating in a report on Friday, April 5th. Finally, Roth Capital restated a “buy” rating on shares of Manitex International in a report on Friday, March 15th.
NASDAQ:MNTX opened at $7.68 on Tuesday. Manitex International has a 52-week low of $5.00 and a 52-week high of $13.26. The company has a current ratio of 1.81, a quick ratio of 1.01 and a debt-to-equity ratio of 0.57. The stock has a market cap of $151.45 million, a PE ratio of 22.91 and a beta of 1.50.
Manitex International (NASDAQ:MNTX) last posted its quarterly earnings data on Monday, May 6th. The industrial products company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.04). Manitex International had a positive return on equity of 6.75% and a negative net margin of 5.44%. The company had revenue of $57.42 million for the quarter, compared to the consensus estimate of $57.20 million. On average, research analysts expect that Manitex International will post 0.47 earnings per share for the current year.
Manitex International Company Profile
Manitex International, Inc provides engineered lifting solutions worldwide. The company designs, manufactures, and distributes products that are used in various industries. It also offers boom trucks and crane products primarily for use in industrial projects, energy exploration, and infrastructure development comprising roads, bridges, and commercial construction.
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