Is Manitex International Stock a Good Investment?
Manitex International Investment Advice | MNTX |
- Examine Manitex International's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Manitex International's leadership team and their track record. Good management can help Manitex International navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Construction Machinery & Heavy Transportation Equipment space and any emerging trends that could impact Manitex International's business and its evolving consumer preferences.
- Compare Manitex International's performance and market position to its competitors. Analyze how Manitex International is positioned in terms of product offerings, innovation, and market share.
- Check if Manitex International pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Manitex International's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Manitex International stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Manitex International is a good investment.
Sell | Buy |
Strong Buy
Market Performance | OK | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Manitex International Stock
Researching Manitex International's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 22.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.55. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Manitex International has Price/Earnings To Growth (PEG) ratio of 1.53. The entity had not issued any dividends in recent years.
To determine if Manitex International is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Manitex International's research are outlined below:
| Manitex International is way too risky over 90 days horizon | |
| Manitex International appears to be risky and price may revert if volatility continues | |
| Manitex International is unlikely to experience financial distress in the next 2 years | |
| Manitex International has a strong financial position based on the latest SEC filings | |
| About 55.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Manitex International Reports Third Quarter 2024 Financial Results |
Manitex International Quarterly Good Will |
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Manitex International uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Manitex International. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Manitex International's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Manitex International's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Manitex International's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-11-08 | 2021-09-30 | -0.02 | -0.01 | 0.01 | 50 | ||
2020-08-06 | 2020-06-30 | -0.07 | -0.08 | -0.01 | 14 | ||
2018-11-01 | 2018-09-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2018-05-09 | 2018-03-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2012-05-10 | 2012-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2012-03-22 | 2011-12-31 | 0.08 | 0.09 | 0.01 | 12 | ||
2011-08-10 | 2011-06-30 | 0.08 | 0.09 | 0.01 | 12 | ||
2011-05-11 | 2011-03-31 | 0.05 | 0.04 | -0.01 | 20 |
Know Manitex International's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Manitex International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Manitex International backward and forwards among themselves. Manitex International's institutional investor refers to the entity that pools money to purchase Manitex International's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Gabelli Securities Inc | 2024-09-30 | 283.2 K | Wedbush Morgan Securities Inc | 2024-09-30 | 268.1 K | Skandinaviska Enskilda Banken Ab | 2024-09-30 | 200 K | Renaissance Technologies Corp | 2024-09-30 | 177.4 K | Caldwell Sutter Capital Inc | 2024-09-30 | 170.7 K | Geode Capital Management, Llc | 2024-09-30 | 164.9 K | Kennedy Capital Management Inc | 2024-09-30 | 164.4 K | Ancora Advisors Llc | 2024-06-30 | 160.4 K | Auxier Asset Management | 2024-09-30 | 132.8 K | Vanguard Group Inc | 2024-09-30 | 858.7 K | Pacific Ridge Capital Partners, Llc | 2024-09-30 | 854.5 K |
Manitex International's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 117.08 M.Market Cap |
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Manitex International's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.10 | 0.10 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.11 | 0.11 |
Determining Manitex International's profitability involves analyzing its financial statements and using various financial metrics to determine if Manitex International is a good buy. For example, gross profit margin measures Manitex International's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Manitex International's profitability and make more informed investment decisions.
Manitex International's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Manitex International's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Manitex International. Check Manitex International's Beneish M Score to see the likelihood of Manitex International's management manipulating its earnings.
Evaluate Manitex International's management efficiency
Manitex International has return on total asset (ROA) of 0.0507 % which means that it generated a profit of $0.0507 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1312 %, meaning that it created $0.1312 on every $100 dollars invested by stockholders. Manitex International's management efficiency ratios could be used to measure how well Manitex International manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.04 in 2024. Return On Capital Employed is likely to rise to 0.10 in 2024. At this time, Manitex International's Non Currrent Assets Other are fairly stable compared to the past year. Net Tangible Assets is likely to rise to about 13.7 M in 2024, whereas Total Assets are likely to drop slightly above 173.9 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.94 | 2.95 | |
| Tangible Book Value Per Share | 1.49 | 1.56 | |
| Enterprise Value Over EBITDA | 10.94 | 11.49 | |
| Price Book Value Ratio | 2.54 | 2.66 | |
| Enterprise Value Multiple | 10.94 | 11.49 | |
| Price Fair Value | 2.54 | 2.66 | |
| Enterprise Value | 242.7 M | 254.9 M |
Understanding the operational decisions made by Manitex International management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 0.768 |
Basic technical analysis of Manitex Stock
As of the 26th of November, Manitex International secures the Mean Deviation of 1.77, risk adjusted performance of 0.0901, and Downside Deviation of 2.18. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Manitex International, as well as the relationship between them.Manitex International's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Manitex International insiders, such as employees or executives, is commonly permitted as long as it does not rely on Manitex International's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Manitex International insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Manitex International's Outstanding Corporate Bonds
Manitex International issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Manitex International uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Manitex bonds can be classified according to their maturity, which is the date when Manitex International has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Manitex International's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Manitex International's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0901 | |||
| Market Risk Adjusted Performance | 0.6619 | |||
| Mean Deviation | 1.77 | |||
| Semi Deviation | 1.11 | |||
| Downside Deviation | 2.18 | |||
| Coefficient Of Variation | 942.1 | |||
| Standard Deviation | 6.1 | |||
| Variance | 37.16 | |||
| Information Ratio | 0.0847 | |||
| Jensen Alpha | 0.519 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.2371 | |||
| Treynor Ratio | 0.6519 | |||
| Maximum Drawdown | 48.84 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 3.55 | |||
| Downside Variance | 4.74 | |||
| Semi Variance | 1.23 | |||
| Expected Short fall | (2.73) | |||
| Skewness | 7.27 | |||
| Kurtosis | 57.21 |
| Risk Adjusted Performance | 0.0901 | |||
| Market Risk Adjusted Performance | 0.6619 | |||
| Mean Deviation | 1.77 | |||
| Semi Deviation | 1.11 | |||
| Downside Deviation | 2.18 | |||
| Coefficient Of Variation | 942.1 | |||
| Standard Deviation | 6.1 | |||
| Variance | 37.16 | |||
| Information Ratio | 0.0847 | |||
| Jensen Alpha | 0.519 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.2371 | |||
| Treynor Ratio | 0.6519 | |||
| Maximum Drawdown | 48.84 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 3.55 | |||
| Downside Variance | 4.74 | |||
| Semi Variance | 1.23 | |||
| Expected Short fall | (2.73) | |||
| Skewness | 7.27 | |||
| Kurtosis | 57.21 |
Consider Manitex International's intraday indicators
Manitex International intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Manitex International stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Manitex International Corporate Filings
| 20th of November 2024 Other Reports | ViewVerify | |
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 4th of November 2024 Other Reports | ViewVerify | |
13A | 30th of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
Manitex Stock media impact
Far too much social signal, news, headlines, and media speculation about Manitex International that are available to investors today. That information is available publicly through Manitex media outlets and privately through word of mouth or via Manitex internal channels. However, regardless of the origin, that massive amount of Manitex data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Manitex International news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Manitex International relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Manitex International's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Manitex International alpha.
Manitex International Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Manitex International can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Manitex International Corporate Management
| Sherman Jung | Principal Financial Officer, Principal Accounting Officer and Secretary | Profile | |
| Marsha Eskew | Controller Rentals | Profile | |
| Stoyan Filipov | Special Advisor | Profile | |
| Michael Coffey | CEO Director | Profile |
Additional Tools for Manitex Stock Analysis
When running Manitex International's price analysis, check to measure Manitex International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manitex International is operating at the current time. Most of Manitex International's value examination focuses on studying past and present price action to predict the probability of Manitex International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manitex International's price. Additionally, you may evaluate how the addition of Manitex International to your portfolios can decrease your overall portfolio volatility.