This company has been acquired
Manitex International (MNTX) Stock Overview
Provides engineered lifting solutions in the United States, Italy, Canada, Chile, France, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
MNTX Community Fair Values
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Analyst Price Targets
Manitex International, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$5.80 |
| 52 Week High | US$8.49 |
| 52 Week Low | US$3.07 |
| Beta | 0.75 |
| 1 Month Change | 1.05% |
| 3 Month Change | 1.75% |
| 1 Year Change | -31.12% |
| 3 Year Change | -6.45% |
| 5 Year Change | 2.84% |
| Change since IPO | -15.94% |
Recent News & Updates
Interest Rates And Macroeconomic Pressures Darken Future Revenues And Profit Margins
Higher interest rates and macroeconomic uncertainties are leading to decreased demand and delayed purchases, impacting Manitex's revenue growth and sales.Manitex International, Inc. (NASDAQ:MNTX) Stock's 33% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Unfortunately for some shareholders, the Manitex International, Inc. ( NASDAQ:MNTX ) share price has dived 33% in the...Recent updates
Interest Rates And Macroeconomic Pressures Darken Future Revenues And Profit Margins
Higher interest rates and macroeconomic uncertainties are leading to decreased demand and delayed purchases, impacting Manitex's revenue growth and sales.Manitex International, Inc. (NASDAQ:MNTX) Stock's 33% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Unfortunately for some shareholders, the Manitex International, Inc. ( NASDAQ:MNTX ) share price has dived 33% in the...Manitex International (NASDAQ:MNTX) Is Looking To Continue Growing Its Returns On Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...Not Many Are Piling Into Manitex International, Inc. (NASDAQ:MNTX) Stock Yet As It Plummets 28%
The Manitex International, Inc. ( NASDAQ:MNTX ) share price has fared very poorly over the last month, falling by a...Why Manitex International, Inc. (NASDAQ:MNTX) Could Be Worth Watching
While Manitex International, Inc. ( NASDAQ:MNTX ) might not have the largest market cap around , it received a lot of...Manitex International, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Investors in Manitex International, Inc. ( NASDAQ:MNTX ) had a good week, as its shares rose 3.1% to close at US$5.62...Is Manitex International (NASDAQ:MNTX) A Risky Investment?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Manitex International, Inc. (NASDAQ:MNTX) Held Back By Insufficient Growth Even After Shares Climb 27%
Despite an already strong run, Manitex International, Inc. ( NASDAQ:MNTX ) shares have been powering on, with a gain of...Returns At Manitex International (NASDAQ:MNTX) Are On The Way Up
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...Manitex International, Inc.'s (NASDAQ:MNTX) Low P/S No Reason For Excitement
When close to half the companies operating in the Machinery industry in the United States have price-to-sales ratios...These 4 Measures Indicate That Manitex International (NASDAQ:MNTX) Is Using Debt Extensively
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Manitex International (NASDAQ:MNTX) Seems To Be Using A Lot Of Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Investors Will Want Manitex International's (NASDAQ:MNTX) Growth In ROCE To Persist
If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...Manitex announces $3M follow-on contract with military customer
Manitex International (NASDAQ:MNTX) has announced that it has received a continuation order valued at up to $3M, for articulated cranes, from an international military agency. The order represents follow-on business to an established international military customer, meeting rigid specifications and with lifting capacity to 42 tons. Delivery is scheduled to occur sequentially during the next year. With a reported a backlog of $214M as of June 30, 2022 and subject to market conditions and the supply chain, management anticipates that net sales, gross margins, Adj. EBITDA, and Adj. Net Income for the FY 2022 will all compare favorably to 2021, and that continued growth is expected into 2023.Manitex commences deliveries on $15M order for aerial work platforms to Enel
Manitex (NASDAQ:MNTX) announced that deliveries have commenced to Enel (OTCPK:ENLAY), electricity provider based in Rome, Italy, for ~200 Oil & Steel aerial work platforms, under the terms of a contract earlier announced in 2021. The equipment will be used to support Enel's power-line maintenance fleet. The company also appointed Giovanni Tacconi to Managing Director, Manitex, Italy.Manitex Likely To See Some Short-Term Pain, But Long-Term Gains Still In Play
Manitex will likely see noticeable margin pressure in Q4'21, but orders should be solid, and I'd expect improving volume and margin leverage in the second half of 2022. Residential construction and utility activity are healthy now, non-resi should improve later in 2022, and infrastructure spending should drive a multi-year lift in heavy machinery demand. Manitex has made arguably underappreciated progress in improving its inherent profitability, and revenue acceleration from 2022 to 2024 should drive noticeably better results. This is a high-risk pick, but the prospective returns look attractive.Does Manitex International (NASDAQ:MNTX) Have A Healthy Balance Sheet?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Is Manitex International (NASDAQ:MNTX) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Manitex International's (NASDAQ:MNTX) Solid Earnings May Rest On Weak Foundations
Manitex International, Inc.'s ( NASDAQ:MNTX ) healthy profit numbers didn't contain any surprises for investors...We Think Manitex International (NASDAQ:MNTX) Has A Fair Chunk Of Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Shareholder Returns
| MNTX | US Machinery | US Market | |
|---|---|---|---|
| 7D | 0% | -6.2% | -0.7% |
| 1Y | -31.1% | 39.9% | 20.3% |
Return vs Industry: MNTX underperformed the US Machinery industry which returned 14.2% over the past year.
Return vs Market: MNTX underperformed the US Market which returned 24.5% over the past year.
Price Volatility
| MNTX volatility | |
|---|---|
| MNTX Average Weekly Movement | 0.7% |
| Machinery Industry Average Movement | 6.9% |
| Market Average Movement | 7.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: MNTX has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: MNTX's weekly volatility has decreased from 12% to 1% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 705 | J. Coffey | www.manitexinternational.com |
Manitex International, Inc. provides engineered lifting solutions in the United States, Italy, Canada, Chile, France, and internationally. The company designs, manufactures, and distributes products that are used in various industries. It also offers boom trucks, truck cranes, and sign cranes products primarily for use in industrial projects, energy exploration, and infrastructure development comprising roads, bridges, and commercial construction; and truck-mounted aerial platforms.
Manitex International, Inc. Fundamentals Summary
| MNTX fundamental statistics | |
|---|---|
| Market cap | US$118.30m |
| Earnings (TTM) | US$9.40m |
| Revenue (TTM) | US$294.78m |
Is MNTX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MNTX income statement (TTM) | |
|---|---|
| Revenue | US$294.78m |
| Cost of Revenue | US$228.28m |
| Gross Profit | US$66.49m |
| Other Expenses | US$57.09m |
| Earnings | US$9.40m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.46 |
| Gross Margin | 22.56% |
| Net Profit Margin | 3.19% |
| Debt/Equity Ratio | 98.8% |
How did MNTX perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 06:12 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Manitex International, Inc. is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amit Dayal | Benchmark Company |
| Michael Shlisky | Colliers Securities |
| Amit Dayal | H.C. Wainwright & Co. |