Manitex International Inc (NASDAQ:MNTX) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports.
Brokers have set a 1-year consensus price objective of $13.00 for the company and are expecting that the company will post $0.08 earnings per share for the current quarter, according to Zacks. Zacks has also given Manitex International an industry rank of 89 out of 255 based on the ratings given to related companies.
A number of equities research analysts have commented on MNTX shares. Zacks Investment Research upgraded Manitex International from a “sell” rating to a “hold” rating in a research report on Wednesday, November 14th. ValuEngine lowered Manitex International from a “hold” rating to a “sell” rating in a research report on Friday, November 16th.
NASDAQ MNTX opened at $7.37 on Wednesday. Manitex International has a 12 month low of $5.00 and a 12 month high of $13.26. The stock has a market capitalization of $144.62 million, a price-to-earnings ratio of 36.85 and a beta of 1.51. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 1.92.
About Manitex International
Manitex International, Inc provides engineered lifting solutions. The company designs, manufactures, and distributes products that are used in various industries. It offers boom trucks and crane products primarily for use in industrial projects, energy exploration, and infrastructure development, including roads, bridges, and commercial construction.
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