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The Manitowoc Company, Inc. (MTW)

NYSE - NYSE Delayed Price. Currency in USD
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7.98-0.21 (-2.56%)
At close: 4:00PM EDT

7.98 0.00 (0.00%)
After hours: 4:25PM EDT

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  • k
    k
    Both growth and street sentiment on Manitowoc are negative. Financial health is only neutrally ranked. It's challenging times like these when you can fully see the quality of management, or deficit there of.
  • S
    Shirley
    Not quite sure what’s causing the increase, but it’s been a good week.
  • D
    DMD
    High call/put ratio today 🔥 📈 🆙 ⬆️ ⤴️ 🔼 🚀
  • B
    Booleansearcher
    oh yeah MR. Builder Donald Trump and ...NO INFRASTRUCTURE just cash back to the rich...yeah worked great didn't it... wow
  • C
    Chris
    Maybe "Management" can plan for another reverse split to return "value" by using The Manitowoc Way!
  • S
    Shaggy
    Currently we have a Grove RT700E, RT880E, RT9130E and a National Boom truck on our plant expansion site, this is one small company expanding an aluminum rolling plant in the SE, times that by the hundreds of larger companies doing the same thing and one really has to question how this stock languishes while its Wisconsin sister Oshkosh just continues to climb.
  • S
    Shaggy
    Rather surprised that Cramer of all people mentioned the GM strike at around seven PM of course and he also correctly mentioned the Boeing 737 Max debacle which has much of their manufacturing idled or slowed until a final resolution is in place. Yet the games continue this morning seeing what the futures are pointing to. Though I suspect a quick turn around.
  • S
    Shaggy
    Headlines today, Corona virus rages across the globe. Meanwhile only 100K cases have been confirmed, in 2010 56 Million cases of the Swine flu were confirmed in the USA alone. Yet markets barely dropped and eventually ended the year up over 12 percent.
  • S
    Shaggy
    Wall Street doing what Wall Street does, creating false narratives to drop prices in companies so they can buy stocks at bargain basement prices to ride them up when the truth is shown on their false narratives. The entire sector is down because of fear that the McDermott bankruptcy filing may in someway impact the sector. There is nothing further from the truth, on the CAT site one of the posters claimed that McDermott was a giant industrial construction company, short answer to that is NO, they are an engineering/construction management company just like Jacobs Engineering (who by the way is an awesome stock to own JE and doing very well financially and business wise. Or other companies like Turner Construction and numerous other engineering design firms/construction management companies, literally dozens in America alone. None of these companies own a single piece of construction equipment, none, they act at best as a GC, they do not self execute anything, therefore they sub-contract everything to structural steel, pipe fitters, electricians, plumbers, concrete, masons, etc. etc. companies who own the equipment. McDermott going bankrupt is merely a company that was poorly managed and did not compete well with the likes of Halliburton and Jacobs Engineering. No construction jobs will be cancelled or even delayed by their bankruptcy filing. My guess is that either Halliburton or Baker-Hughes ends up with them for a great discounted price. End of story, no story, just false narratives.
  • A
    Anonymous
    $2.60 / Share - If this dog did not split 1:4
  • S
    Shaggy
    I always expect to hear that either a large equity firm or even the companies themselves decide to merge MTW, TEX and OSK to create a larger and more diverse construction equipment company. The value of those companies given the huge demand for construction equipment due to the massive industrial expansion that is on-going seems like that would be an easy way to double their money in about five years. We are currently expanding our plant near Charleston, SC and it is like pulling teeth to find pile driving equipment and large crawler cranes (who can be adapted with vibratory and diesel pile drivers as well as lifting capabilities for the pre-engineered metal buildings that we are erecting).
  • B
    Bemo
    DJI 🔻-1,200 points and MTW is up? Is there a firewall in the low $12s, I didn't know about?
  • S
    Shaggy
    Bemo, was thinking that was the probable range, bought some shares when it got to the 11.60 mark, sold on Friday for a nice little gain, will play the bounces of which I feel there will be a few until someone takes this over or private.
  • A
    Anonymous
    52-week low after 52-week low. Thanks for the lump of coal in shareholder stockings. Your performance clearly proves "The Manitowoc Way" isn't! Remember your mission is to create shareholder value, not destroy it. Can't wait to hear the next blather of BS on the fourth quarter conference call.
  • S
    Shaggy
    Seeing similar trading activity to what I have seen and still seeing in the retail and fashion sectors, the price drops on multiple small trades and then several larger successive trades drive the price up, then the small trades follow up again and drop the price and repeat. Makes me believe that someone is trying to acquire shares at rock bottom prices.
  • S
    Shaggy
    Bemo, agree with that summation. Still amazes that this stock is down so much, the crane market right now is very tight, we have seven on our plant expansion right now and we need an eight one but there is about a one week lead time from Maxim and All-State for rentals. We have three Groves, two Terex and two Link-belts. Just amazes me that essentially the last American crane company could be bought out at such low levels by either the Japanese or the Chinese who have just dominated the markets. At these levels you would hope you could get a 20 to 30% acquisition premium though many of the long term holders need much more than that to get right and probably would be next to impossible to get a green light to sell.
  • S
    Shaggy
    Most bizarre reaction that I have ever seen to a stock that just really blew the doors off of the report, which is why I didn't jump on board even though it has been down by as much as 75 cents at one point. Just very confusing reaction.
  • S
    Shaggy
    Not sure Bemo, but in all honesty there is still a lot of industrial activity going on throughout the country. This is reaching the point of being ridiculous in my opinion. Solid company.
  • A
    Anonymous
    Does MTW hit a new 52-week low this week? The recent trading in this stock seems to suggest this. No catalyst whatsoever to drive any meaningful share price appreciation.
  • S
    Shaggy
    Bemo, bought and sold again in your trading bands. Let's see if they drop it back again.