Manitex International Stock Today
| MNTX Stock | USD 5.43 0.15 2.69% |
Performance0 of 100
| Odds Of DistressLess than 1
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Manitex International is trading at 5.43 as of the 25th of April 2024; that is -2.69 percent decrease since the beginning of the trading day. The stock's open price was 5.58. Manitex International has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Manitex International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 15th of February 2005 | Category Industrials |
Manitex International, Inc. provides engineered lifting solutions in the United States, Italy, Canada, France, Chile, and internationally. Manitex International, Inc. was founded in 1993 and is headquartered in Bridgeview, Illinois. Manitex Intl operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. The company has 20.27 M outstanding shares of which 122.4 K shares are now shorted by private and institutional investors with about 2.66 trading days to cover. More on Manitex International
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Manitex Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Manitex International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Manitex International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board, CEO | David Langevin | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Millennials Best (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Construction Machinery & Heavy Transportation Equipment, Farm & Heavy Construction Machinery, Industrials, NASDAQ Composite, NASDAQ Composite Total, Millennials Best, Industrials, Machinery, Farm & Heavy Construction Machinery, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Manitex International report their recommendations after researching Manitex International's financial statements, talking to executives and customers, or listening in on Manitex International's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Manitex International. The Manitex consensus assessment is calculated by taking the average forecast from all of the analysts covering Manitex International. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Manitex International's profitability, liquidity, and operating efficiency, Manitex International is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Manitex International is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Manitex International's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Manitex International's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Manitex International's financial leverage. It provides some insight into what part of Manitex International's total assets is financed by creditors.
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Manitex International (MNTX) is traded on NASDAQ Exchange in USA. It is located in 9725 Industrial Drive, Bridgeview, IL, United States, 60455 and employs 705 people. Manitex International is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 113.33 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Manitex International's market, we take the total number of its shares issued and multiply it by Manitex International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Manitex International conducts business under Machinery sector and is part of Industrials industry. The entity has 20.27 M outstanding shares of which 122.4 K shares are now shorted by private and institutional investors with about 2.66 trading days to cover.
Manitex International currently holds about 16.59 M in cash with 2.23 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.83.
Check Manitex International Probability Of Bankruptcy
Ownership AllocationManitex International holds a total of 20.27 Million outstanding shares. Over half of Manitex International's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Manitex International. Please watch out for any change in the institutional holdings of Manitex International as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Manitex Ownership Details
Manitex Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Manitex International jumping above the current price in 90 days from now is roughly 97.0%. The Manitex International probability density function shows the probability of Manitex International stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Manitex International has a beta of 0.9576. This indicates Manitex International market returns are sensitive to returns on the market. As the market goes up or down, Manitex International is expected to follow. Additionally, manitex International has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Manitex International to move above the current price in 90 days from now is roughly 97.0 (This Manitex International probability density function shows the probability of Manitex Stock to fall within a particular range of prices over 90 days) .
Manitex Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Manitex International that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Manitex International's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Manitex International's value.| Instituion | Recorded On | Shares | |
| Arnhold & S. Bleichroeder Advisers, Llc | 2023-12-31 | 297.6 K | |
| Caldwell Sutter Capital Inc | 2023-12-31 | 171.7 K | |
| Auxier Asset Management | 2023-12-31 | 170.6 K | |
| Geode Capital Management, Llc | 2023-12-31 | 150.1 K | |
| Legato Capital Management Llc | 2023-12-31 | 121.8 K | |
| Renaissance Technologies Corp | 2023-12-31 | 101.8 K | |
| Ironwood Investment Management Llc | 2023-12-31 | 90 K | |
| Ancora Advisors Llc | 2023-12-31 | 88.4 K | |
| Blackrock Inc | 2023-12-31 | 76.6 K | |
| Royce & Associates, Lp | 2023-12-31 | 1.4 M | |
| First Wilshire Securities Mgmt Inc (ca) | 2023-12-31 | 990.3 K |
Manitex International Historical Income Statement
Manitex International Income Statement is one of the three primary financial statements used for reporting Manitex's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Manitex International revenue and expense. Manitex International Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Manitex International's Operating Income is fairly stable compared to the past year. EBIT is likely to rise to about 16.6 M in 2024, whereas Interest Expense is likely to drop slightly above 4.3 M in 2024. View More FundamentalsManitex Stock Against Markets
Picking the right benchmark for Manitex International stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Manitex International stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Manitex International is critical whether you are bullish or bearish towards Manitex International at a given time. Please also check how Manitex International's historical prices are related to one of the top price index indicators.
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Manitex International Corporate Directors
Manitex International corporate directors refer to members of a Manitex International board of directors. The board of directors generally takes responsibility for the Manitex International's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Manitex International's board members must vote for the resolution. The Manitex International board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ronald Clark | Independent Director | Profile | |
| Robert Gigliotti | Independent Director | Profile | |
| Ingo Schiller | Director | Profile | |
| Frederick Knox | Independent Director | Profile |
How to buy Manitex Stock?
Before investing in Manitex International, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Manitex International. To buy Manitex International stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Manitex International. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Manitex International stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Manitex International stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Manitex International stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Manitex International, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Manitex Stock please use our How to Invest in Manitex International guide.
Already Invested in Manitex International?
The danger of trading Manitex International is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Manitex International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Manitex International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Manitex International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Manitex International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Manitex International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Manitex International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Manitex International Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manitex International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Manitex Stock please use our How to Invest in Manitex International guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Manitex Stock analysis
When running Manitex International's price analysis, check to measure Manitex International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manitex International is operating at the current time. Most of Manitex International's value examination focuses on studying past and present price action to predict the probability of Manitex International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manitex International's price. Additionally, you may evaluate how the addition of Manitex International to your portfolios can decrease your overall portfolio volatility.
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Is Manitex International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Manitex International. If investors know Manitex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Manitex International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 9.057 | Earnings Share 0.36 | Revenue Per Share 14.419 | Quarterly Revenue Growth (0) | Return On Assets 0.0402 |
The market value of Manitex International is measured differently than its book value, which is the value of Manitex that is recorded on the company's balance sheet. Investors also form their own opinion of Manitex International's value that differs from its market value or its book value, called intrinsic value, which is Manitex International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Manitex International's market value can be influenced by many factors that don't directly affect Manitex International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Manitex International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manitex International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manitex International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.