MANITOWOC CO INC
Manitowoc, headquartered in Milwaukee, Wisconsin, designs, manufactures, sells and rents cranes and provides lifting products and services to customers worldwide. Its products include Manitowoc lattice-boom crawler cranes, Potain tower cranes, and mobile hydraulic cranes sold under the Grove, Shuttlelift and National Crane brands. Upfits by Aspen Equipment provides specialized equipment upfitting, while MGX Equipment Services operates a wholly owned distribution network in certain areas of the United States. Manitowoc reports three geographic segments: the Americas, Europe and Africa, and the Middle East and Asia Pacific. The company makes money from new and used crane sales, rentals, and aftermarket offerings, including parts and accessories, maintenance, repairs, technical support, crane erection and decommissioning, remanufacturing, training and telematics. It primarily distributes products through independent distributors and rental companies, as well as its own MGX network in parts of the United States. It offers its full line of services primarily in the United States and Europe.
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See all $MTW insider activity →Manitowoc (MTW) reported Q3 sales of $614M, up 11% YoY, with adjusted EBITDA rising 39% to $47M. Orders grew 38% to $676M, and backlog exceeded $1.1B. Management highlighted strong demand in Americas and Europe, but noted concerns like negative free cash flow and geopolitical risks. The company raised its 2026 adjusted EBITDA outlook to $160M-$175M.
Manitowoc (MTW) reported Q3 orders at $250M, with Americas up 60% YoY and Middle East up 72% YoY. Europe showed mixed results. Non-new machine sales were $174M, flat YoY. The company expects net leverage to approach 2x by year-end and is exploring acquisitions. Tariffs and inflation remain headwinds, but aftermarket growth is a focus.
Barclays kept its Underweight rating on Manitowoc Co but raised its price target to $20 from $16, suggesting a 7.7% downside from the Nov 5 close of $21.67.
Over the past 7 days, AlphAI's AI scored 1 news story mentioning MTW (MANITOWOC CO INC). Coverage has been balanced: 0 bullish, 1 neutral, and 0 bearish.
Recent MTW coverage spans earnings, financial news and corporate actions.
Neutral impact as the numbers are already priced in; cash‑flow concerns may weigh slightly.
Guidance points to higher leverage and modest growth, which may weigh on the stock despite strong order trends.
Analyst price target increase suggests modest upside potential but still below current price.
The new lower price target suggests downside pressure as the market price is above the target.
Earnings beat and strong revenue growth suggest upside pressure on the stock.
AlphAI scores every news story that mentions MTW with an AI model for sentiment and relevance, and aggregates insider trades from MANITOWOC CO INC's SEC EDGAR Form 4 filings. Figures refresh continuously.
Manitowoc (MTW) reported Q3 sales of $614M, up 11% YoY, with adjusted EBITDA rising 39% to $47M. Orders grew 38% to $676M, and backlog exceeded $1.1B. Management highlighted strong demand in Americas and Europe, but noted concerns like negative free cash flow and geopolitical risks. The company raised its 2026 adjusted EBITDA outlook to $160M-$175M.
Manitowoc (MTW) reported Q3 orders at $250M, with Americas up 60% YoY and Middle East up 72% YoY. Europe showed mixed results. Non-new machine sales were $174M, flat YoY. The company expects net leverage to approach 2x by year-end and is exploring acquisitions. Tariffs and inflation remain headwinds, but aftermarket growth is a focus.
Barclays kept its Underweight rating on Manitowoc Co but raised its price target to $20 from $16, suggesting a 7.7% downside from the Nov 5 close of $21.67.
Wells Fargo kept its Underweight rating on Manitowoc Co but raised its price target to $15 from $12, a 25% increase. This implies a 35.3% downside from the Nov 4 close of $23.20.
Manitowoc (MTW) reported Q3 Non-GAAP EPS of $0.31, exceeding estimates by $0.11. Revenue reached $613.8M, up 10.9% year-over-year and $36.7M above expectations. The company also updated its full-year 2026 guidance for adjusted EBITDA and EPS.
iShares U.S. Infrastructure ETF (IFRA) reported $80.0M gross traded and $79.8M net sold on Tuesday, with $3.5M reduction in Caterpillar (CAT) and smaller buys in ASIX, BXC, MTW, CMP, ASTE. IFRA's assets under management stood at $3.88B.
Starbucks is closing 250 underperforming stores in North America, about 1% of its total. The Two Rivers location may be affected, while Manitowoc appears safe. The closures are part of a 2024 strategy to improve customer experience and simplify menus, according to the company.
Manitowoc will unveil the Potain Evy 28-21 self-erecting crane at Batimat, designed for residential construction. The 2.2-tonne capacity crane features remote guidance, smart controls, and meets upcoming EU safety standards. The company will also showcase support accessories.
Manitowoc (MTW) reported Q2 2026 net sales of $594.9 million, up 10.3%, and adjusted EBITDA of $48.9 million, up 85.9%, with margin at 8.2%. Orders rose 56.1% to $708.7 million and backlog was $1,050.1 million. Full-year 2026 guidance was raised: net sales $2.3B-$2.4B and adjusted EBITDA $150M-$170M.
Manitowoc (NYSE:MTW) reported Q2 highlights including aftermarket non-new machine sales up 6% to $172 million, and trailing 12-month aftermarket sales of $706 million. July orders exceeded $200 million. The company cited tariff-related cash refunds of $26 million and raised 2026 guidance to net sales $2.3B-$2.4B and adjusted EBITDA $150M-$170M. Cash was $96M; liquidity $304M.
