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stock price of manitowoc spin-off

by Meta DuBuque MD Published 3 years ago Updated 2 years ago
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$ 10.70
CloseChgChg %
$10.70-0.13-1.20%

Is there an upside for Manitowoc Corporation stock?

According to analysts' consensus price target of $24.75, Manitowoc has a forecasted upside of 32.4% from its current price of $18.70. Manitowoc has only been the subject of 2 research reports in the past 90 days. Manitowoc has received 434 “outperform” votes. (Add your “outperform” vote.) Manitowoc has received 292 “underperform” votes.

What are analysts' price targets for Manitowoc (man) stock?

The 12 analysts offering price forecasts for Manitowoc have a median target of 17.88, with a high estimate of 31.00 and a low estimate of 11.00. The median estimate represents a 73.51 difference from the last price of 13.14. *The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.

What was the 52-week low for Manitowoc stock?

According to the current price, Manitowoc is 120.88% away from the 52-week low. What was the 52-week high for Manitowoc stock? The high in the last 52 weeks of Manitowoc stock was 27.35. According to the current price, Manitowoc is 48.04% away from the 52-week high. What are analysts forecasts for Manitowoc stock?

Who is the new CFO of Manitowoc?

MILWAUKEE, February 21, 2022--The Manitowoc Company, Inc. (NYSE: MTW) (the "Company" or "Manitowoc"), a leading global manufacturer of cranes and lifting solutions, today announced that David J. Antoniuk will step down as Chief Financial Officer effective May 2, 2022, and will be succeeded by Brian P. Regan. Mr.

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Who owns Manitowoc Foodservice?

Muehlhaeuser, President and CEO of Manitowoc Foodservice, “Welbilt reflects our promise and commitment to bringing innovation to the table. Rooted in the Hirsch brothers' innovative stove in 1929, Welbilt developed to become the first company in the industry pursuing a complete systems approach.

Is Manitowoc publicly traded?

Manitowoc became a publicly held entity in 1971. Its common stock trades on the New York Stock Exchange under the ticker symbol MTW.

Is welbilt public?

Welbilt common stock is listed on the New York Stock Exchange under the symbol “WBT”.

Who bought Manitowoc ice?

Pentair plcNew Port Richey, FL - Welbilt, Inc. (NYSE:WBT) today announced that it has entered into a definitive agreement to sell its Manitowoc® Ice business (“Manitowoc Ice”) to Pentair plc (NYSE:PNR) for approximately $1.6 billion in cash, on a cash free and debt free basis, subject to customary post-closing adjustments.

Who makes Manitowoc ice machines?

Welbilt – global leaders Globally and locally. With business operations in America, Europe and Asia, Welbilt supplies leading brands such as Cleveland™, Convotherm®, Crem™, Delfield®, Fitkitchen®, Frymaster®, Garland®, Kolpak®, Lincoln®, Manitowoc® Ice, Merco®, Merrychef® and Multiplex®.

Who is buying Welbilt?

Ali Group'sAli Group's deal to acquire Welbilt continues to make progress and will likely require the divestiture of one high-profile brand. Welbilt shareholders approved the deal, with 99.72% of shares that were voted being cast in favor of the pending merger, per a Welbilt press release.

Is WBT stock a buy?

The financial health and growth prospects of WBT, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.

Who owns Ali Holding SRL?

Ali Holding S.R.L.ALI HOLDING SRL / Parent organization

What kind of company is Welbilt?

WE ARE WELBILT We provide the world's top chefs, premier chain operators and the growing independent food and beverage sector with industry-leading equipment and solutions.

Is Welbilt still in business?

Welbilt Inc., a New Port Richey company that supplies equipment to restaurants and professional kitchens, is being sold to a global food-service corporation in an all-stock deal worth $4.3 billion. The deal, announced Wednesday, will see the Illinois-based Middleby Corp.

What happened to Welbilt?

In the mid-1990s Welbilt had a dozen subsidiaries in the United States. It was acquired in 1995 by Berisford plc, a British firm. Welbilt's goal at that time was to increase its business to $1 billion by the year 2000. Henry and Alexander Hirsch founded Welbilt Stove Co.

Should I buy or sell Manitowoc stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Manitowoc in the last year. There are currently 1 sell r...

What is Manitowoc's stock price forecast for 2022?

7 brokerages have issued 12-month price targets for Manitowoc's stock. Their forecasts range from $12.50 to $22.00. On average, they predict Manito...

How has Manitowoc's stock performed in 2022?

Manitowoc's stock was trading at $18.59 at the beginning of 2022. Since then, MTW stock has decreased by 33.3% and is now trading at $12.40. View...

Are investors shorting Manitowoc?

Manitowoc saw a decline in short interest in May. As of May 15th, there was short interest totaling 851,400 shares, a decline of 21.2% from the Apr...

When is Manitowoc's next earnings date?

Manitowoc is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Manitowoc .

How were Manitowoc's earnings last quarter?

The Manitowoc Company, Inc. (NYSE:MTW) released its quarterly earnings data on Tuesday, May, 3rd. The industrial products company reported $0.03 EP...

When did Manitowoc's stock split? How did Manitowoc's stock split work?

Manitowoc shares reverse split on the morning of Monday, November 20th 2017. The 1-4 reverse split was announced on Friday, November 17th 2017. The...

What guidance has Manitowoc issued on next quarter's earnings?

Manitowoc updated its FY 2022 earnings guidance on Monday, March, 14th. The company provided EPS guidance of $0.650-$1.350 for the period, compared...

Who are Manitowoc's key executives?

Manitowoc's management team includes the following people: Mr. Aaron H. Ravenscroft , Pres, CEO & Director (Age 44, Pay $2.45M) Mr. David J. Ant...

When will Manitowoc release its second quarter results?

What is a Manitowoc crane?

MILWAUKEE, July 22, 2021--The Manitowoc Company, Inc. (NYSE: MTW) announced today that it will release its second-quarter 2021 results on Thursday, August 5, 2021, after the close of market. The company will host a conference call on Friday, August 6, 2021, at 10:00 a.m. ET (9:00 a.m. CT) to discuss its results and outlook.

Is Manitowoc a cybersecurity company?

The Manitowoc Company, Inc. (NYSE: MTW) (the "Company" or "Manitowoc"), a leading global manufacturer of cranes and lifting solutions, today announced that the Company experienced a cybersecurity incident, resulting in a systems outage. Upon identifying the issue, the Company promptly engaged an industry-leading third-party information technology ...

How many shares of Manitowoc stock did the investor have before the reverse split?

The Manitowoc Company, Inc. (NYSE: MTW) (the "Company" or "Manitowoc"), a leading global manufacturer of cranes and lifting solutions, today announced that the Company experienced a cybersecurity incident, resulting in a systems outage. Upon identifying the issue, the Company promptly engaged an industry-leading third-party information technology firm and forensics specialist and legal counsel to assist in the investigation. Federal law enforcement has been notified, and the Company is diligentl

When will Manitowoc release its next quarterly earnings?

An investor that had 100 shares of The Manitowoc stock prior to the reverse split would have 25 shares after the split.

How to calculate restricted stock?

The Manitowoc is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021. View our earnings forecast for The Manitowoc.

How long are futures trading delayed?

To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded. A company's dividend expressed as a percentage of its current stock price.

New York Stock Exchange

Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle.

Environmental, Social, and Governance Rating

The Company is a diversified, multi-industry manufacturer of engineered capital goods and support services for selected market segments, which includes Cranes and Related Products, Foodservice Equipment, and Marine.

Business Summary

"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.

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