MNTX - Manitex International Inc Stock Price, Fair Value and News

5.50USD-0.09 (-1.61%)Market Closed

Market Summary

USD5.50-0.09

Market Closed

-1.61%

MNTX Stock Price

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MNTX RSI Chart

MNTX Valuation

Market Cap

113.3M

Price/Earnings (Trailing)

15.35

Price/Sales (Trailing)

0.39

EV/EBITDA

4.22

Price/Free Cashflow

-23.33

MNTX Price/Sales (Trailing)

MNTX Profitability

EBT Margin

1.87%

Return on Equity

10.6%

Return on Assets

2.89%

Free Cashflow Yield

-4.29%

MNTX Fundamentals

MNTX Revenue

Revenue (TTM)

291.4M

Rev. Growth (Yr)

-0.21%

Rev. Growth (Qtr)

10.26%

MNTX Earnings

Earnings (TTM)

7.4M

Earnings Growth (Yr)

1.1K%

Earnings Growth (Qtr)

204.38%

Breaking Down MNTX Revenue

Last 7 days

-10.9%

Last 30 days

-20.3%

Last 90 days

-30.7%

Trailing 12 Months

7.0%

How does MNTX drawdown profile look like?

MNTX Financial Health

Current Ratio

1.57

MNTX Investor Care

Shares Dilution (1Y)

0.83%

Diluted EPS (TTM)

0.36

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	281.3M	285.3M	291.6M	291.4M
2022	224.8M	234.3M	248.4M	273.9M
2021	165.9M	188.9M	203.3M	211.5M
2020	211.2M	190.9M	176.8M	167.5M
2019	239.9M	233.3M	223.0M	216.8M
2018	229.7M	241.5M	246.0M	242.1M
2017	166.1M	172.4M	189.7M	213.1M
2016	197.2M	194.7M	182.5M	173.2M
2015	240.7M	224.0M	214.7M	202.7M
2014	244.8M	247.1M	250.3M	247.2M
2013	222.0M	232.0M	236.2M	245.1M
2012	153.4M	168.8M	185.3M	205.2M
2011	105.6M	123.2M	135.3M	142.3M
2010	0	69.2M	82.5M	95.9M
2009	0	0	0	55.9M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Manitex International Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 02, 2024	tober stephen	acquired	-	-	10,000	-
Jan 02, 2024	kiso takashi	sold	-	-	-9,000	-
Jan 02, 2024	tadano ltd.	acquired	-	-	9,000	-
Jan 02, 2024	doolan joseph	acquired	-	-	20,000	chief financial officer
Jan 02, 2024	coffey michael	acquired	-	-	20,000	chief executive officer
Jan 02, 2024	clark ronald michael	acquired	-	-	9,000	-
Jan 02, 2024	langevin david j	acquired	-	-	20,000	executive chairman
Jan 02, 2024	kiso takashi	acquired	-	-	9,000	-
Jan 02, 2024	tober stephen	acquired	-	-	9,000	-
Jan 02, 2024	knox frederick b	acquired	-	-	9,000	-

Which funds bought or sold MNTX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	My Personal CFO, LLC	unchanged	-	-	63,300	0.04%
Apr 24, 2024	RITHOLTZ WEALTH MANAGEMENT	added	16.07	-9,858	100,965	-%
Apr 19, 2024	CALDWELL SUTTER CAPITAL, INC.	reduced	-0.58	-329,703	1,171,170	0.56%
Apr 15, 2024	Legato Capital Management LLC	unchanged	-	-228,928	835,342	0.10%
Mar 11, 2024	VANGUARD GROUP INC	added	325	6,559,950	7,503,140	-%
Feb 22, 2024	AUXIER ASSET MANAGEMENT	reduced	-2.79	671,382	1,490,880	0.24%
Feb 15, 2024	State of Wyoming	added	595	132,663	143,703	0.03%
Feb 15, 2024	JANE STREET GROUP, LLC	new	-	207,671	207,671	-%
Feb 14, 2024	CITADEL ADVISORS LLC	reduced	-49.39	-4,350	77,935	-%
Feb 14, 2024	Royal Bank of Canada	new	-	88,000	88,000	-%

Are Funds Buying or Selling MNTX?

Are funds buying MNTX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MNTX

No. of Funds

Unveiling Manitex International Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 23, 2024	royce & associates lp	6.78%	1,372,734	SC 13G/A
Mar 17, 2023	tadano ltd.	14.7%	2,950,522	SC 13D/A
Feb 13, 2023	pacific ridge capital partners, llc	4.75%	954,104	SC 13G/A
Jan 24, 2023	royce & associates lp	7.12%	1,430,515	SC 13G/A
Jun 21, 2022	tadano ltd.	14.7%	2,945,522	SC 13D/A
Feb 14, 2022	pacific ridge capital partners, llc	5.64%	1,125,267	SC 13G/A
Jan 21, 2022	royce & associates lp	6.25%	1,245,639	SC 13G
Jul 14, 2021	tadano ltd.	14.7%	2,934,772	SC 13D/A
Mar 23, 2021	tadano ltd.	14.8%	2,927,802	SC 13D/A
Feb 11, 2021	pacific ridge capital partners, llc	5.45%	1,077,747	SC 13G

Recent SEC filings of Manitex International Inc

View All Filings

Date Filed	Form Type	Document
Apr 03, 2024	4	Insider Trading
Mar 18, 2024	8-K	Current Report
Feb 29, 2024	8-K	Current Report
Feb 29, 2024	10-K	Annual Report
Jan 31, 2024	3	Insider Trading
Jan 24, 2024	8-K	Current Report
Jan 23, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Manitex International Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CAT	185.5B	67.1B	2.08%	66.19%	17.96	2.77	12.84%	54.12%
GE	174.3B	69.5B	-8.20%	61.78%	49.65	2.51	16.04%	-60.91%
CMI	41.5B	34.1B	1.63%	25.27%	49.39	1.22	21.34%	-61.52%
AME	41.2B	6.6B	-2.45%	31.17%	31.36	6.24	7.26%	13.25%
ACM	12.8B	14.9B	-1.92%	15.25%	206.83	0.86	12.31%	-81.65%
MID-CAP
APG	9.2B	6.9B	-3.15%	70.81%	59.86	1.32	5.64%	109.59%
FLR	6.9B	15.5B	-1.08%	39.69%	49.58	0.44	12.59%	-4.48%
FLS	6.1B	4.3B	2.61%	43.21%	32.84	1.42	19.51%	-1.03%
ACA	3.7B	2.3B	-8.62%	30.99%	23.46	1.62	2.90%	-35.23%
ALG	2.5B	1.7B	-5.66%	15.00%	18.02	1.45	11.63%	33.59%
SMALL-CAP
AMRC	1.1B	1.4B	8.23%	-51.08%	17.77	0.81	-24.65%	-34.19%
NKLA	828.1M	35.8M	-16.22%	-23.98%	-0.86	23.11	-27.93%	-23.21%
AGX	811.8M	573.3M	21.26%	53.51%	25.09	1.42	26.00%	-2.24%
AMSC	364.8M	135.4M	-10.08%	199.75%	-22.24	2.7	-25.90%	65.37%
ADES	245.0M	99.2M	11.50%	304.95%	-20	2.47	-3.69%	-37.37%

Manitex International Inc News

Latest updates

Manitex International Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	10.3%	78,653	71,331	73,534	67,871	78,820	65,037	69,577	60,420	53,391	50,935	60,045	47,168	45,184	36,466	37,115	48,733	54,446	50,599	57,379	54,425	60,590
Gross Profit	-1.0%	16,422	16,585	14,935	14,410	15,183	12,344	12,367	10,125	4,655	8,036	11,440	8,805	8,429	6,659	5,531	10,247	9,580	8,435	10,498	11,992	8,512
Operating Expenses	2.2%	11,656	11,406	11,603	11,845	10,994	11,136	14,037	9,475	11,769	8,191	8,869	8,529	8,498	7,250	7,496	15,448	8,425	9,844	10,267	9,803	14,919
S&GA Expenses	2.2%	10,780	10,545	10,766	11,031	9,944	10,440	11,431	8,759	8,716	7,419	8,069	7,744	7,517	6,462	6,725	8,039	7,601	7,808	9,561	9,116	8,523
R&D Expenses	1.7%	876	861	837	814	905	659	720	716	975	772	800	785	981	788	771	687	824	497	706	687	660
EBITDA Margin	1.3%	0.08*	0.08*	0.06*	0.05*	0.04*	0.00*	-0.01*	0.02*	0.01*	0.05*	0.05*	0.01*	-	-	-	-	-	-	-	-	-
Interest Expenses	6.0%	2,116	1,997	1,896	1,765	1,655	1,409	1,068	505	511	490	558	525	762	825	924	1,084	1,214	1,121	1,069	1,108	1,158
Income Taxes	-552.4%	-3,357	742	207	13.00	1,529	206	232	132	374	234	317	292	865	62.00	-657	404	342	1,874	378	197	-
Earnings Before Taxes	-20.3%	2,100	2,636	739	-13.00	2,218	-2,878	-1,900	362	-7,691	-867	5,682	-480	-962	-1,385	-3,058	-6,640	258	-2,591	3,673	1,506	-10,876
EBT Margin	-0.8%	0.02*	0.02*	0.00*	-0.01*	-0.01*	-0.05*	-0.04*	-0.01*	-0.02*	0.02*	0.02*	-0.04*	-	-	-	-	-	-	-	-	-
Net Income	204.4%	5,175	1,700	532	-26.00	421	-3,372	-2,103	230	3,864	-1,101	5,365	-772	-1,886	-1,571	-2,677	-7,476	-787	-11,851	3,236	910	-10,847
Net Income Margin	181.1%	0.03*	0.01*	-0.01*	-0.02*	-0.02*	-0.05*	-0.05*	-0.02*	-0.02*	0.01*	0.01*	-0.04*	-	-	-	-	-	-	-	-	-
Free Cashflow	-125.4%	-393	1,547	-2,011	-4,001	3,758	-7,272	-10,215	-7,428	2,974	-1,053	5,957	-1,312	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	3.5%	256	247	253	249	237	240	252	181	180	179	182	178	174	181	190	195	195	203	227	228	217
Current Assets	3.3%	146	141	144	138	128	131	143	125	122	117	118	113	106	118	127	131	123	130	141	142	133
Cash Equivalents	98.4%	9.00	5.00	7.00	10.00	8.00	12.00	17.00	16.00	21.00	17.00	17.00	16.00	17.00	23.00	26.00	22.00	23.00	20.00	18.00	21.00	22.00
Inventory	-3.3%	82.00	85.00	83.00	79.00	70.00	78.00	76.00	69.00	65.00	64.00	60.00	59.00	56.00	59.00	59.00	64.00	58.00	68.00	72.00	64.00	58.00
Net PPE	1.7%	50.00	49.00	50.00	52.00	52.00	51.00	49.00	15.00	16.00	17.00	18.00	18.00	19.00	19.00	18.00	19.00	19.00	19.00	20.00	20.00	20.00
Goodwill	1.9%	37.00	37.00	37.00	37.00	37.00	37.00	37.00	13.00	25.00	26.00	27.00	27.00	27.00	27.00	27.00	26.00	33.00	32.00	36.00	36.00	36.00
Liabilities	0.3%	176	175	183	180	169	176	184	119	117	107	109	111	105	112	121	123	116	123	135	140	129
Current Liabilities	5.6%	93.00	88.00	97.00	89.00	86.00	84.00	99.00	84.00	82.00	69.00	70.00	71.00	65.00	79.00	80.00	84.00	68.00	67.00	77.00	82.00	73.00
Shareholder's Equity	12.5%	70.00	62.00	70.00	69.00	58.00	64.00	68.00	63.00	63.00	71.00	73.00	67.00	69.00	69.00	70.00	72.00	80.00	131	3.00	130	88.00
Retained Earnings	7.3%	-65.98	-71.18	-72.88	-73.28	-73.34	-73.83	-70.46	-68.21	-68.44	-60.37	-59.27	-64.64	-63.86	-61.98	-60.41	-57.73	-50.25	-49.47	-37.61	-40.85	-41.76
Additional Paid-In Capital	8.5%	5.00	5.00	5.00	5.00	4.00	4.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Accumulated Depreciation	4.8%	30.00	28.00	26.00	24.00	22.00	20.00	18.00	17.00	19.00	18.00	18.00	18.00	17.00	19.00	18.00	17.00	15.00	16.00	16.00	15.00	15.00
Shares Outstanding	0.0%	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	-	-	-	-	-	-	-	-	-
Minority Interest	2.6%	10.00	10.00	10.00	9.00	10.00	9.00	9.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	-	80.00	-	-	-	105	-	-	-	72.00	-	-	-	88.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-23.3%	2,053	2,678	-963	-1,543	6,185	-3,417	-944	-6,892	3,198	-948	6,361	-1,155	5,421	-1,174	8,392	-603	10,162	-7,274	1,946	-1,597	3,785
Share Based Compensation	0.9%	461	457	588	766	635	750	728	232	240	239	278	299	381	233	202	222	156	147	141	159	109
Cashflow From Investing	-52.8%	-1,638	-1,072	-828	-2,377	-2,444	-3,719	-45,864	-600	-420	-156	-404	-157	-147	1,532	-135	-406	-256	7,376	-502	-789	-631
Cashflow From Financing	180.7%	2,515	-3,115	-1,060	5,247	-9,594	3,695	49,576	2,262	1,986	1,857	-4,749	952	-12,339	-8,982	588	-35.00	-7,316	2,513	-4,570	1,402	-1,237
Buy Backs	-100.0%	-	9.00	9.00	40.00	4.00	28.00	91.00	137	8.00	-	-	48.00	47.00	1.00	-	13.00	9.00	5.00	-	19.00	17.00

MNTX Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net revenues	$ 291,389	$ 273,854
Cost of sales	229,037	223,835
Gross profit	62,352	50,019
Operating expenses
Research and development costs	3,388	2,989
Selling, general and administrative expenses	43,122	40,417
Transaction costs		2,236
Total operating expenses	46,510	45,642
Operating income	15,842	4,377
Other income (expense)
Interest expense	(7,774)	(4,637)
Interest income	211	2
Foreign currency transaction loss	(2,539)	(108)
Other income (expense)	(278)	(1,818)
Total other income (expense)	(10,380)	(6,561)
Income (loss) before income taxes	5,462	(2,184)
Income tax (benefit) expense	(2,395)	2,114
Net income (loss)	7,857	(4,298)
Net income attributable to noncontrolling interest	501	603
Net income (loss) attributable to shareholders of Manitex International, Inc.	$ 7,356	$ (4,901)
Income (loss) Per Share
Basic	$ 0.36	$ (0.24)
Diluted	$ 0.36	$ (0.24)
Weighted average common shares outstanding
Basic	20,209,132	20,055,836
Diluted	20,223,825	20,055,836

MNTX Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash	$ 9,269	$ 7,973
Cash - restricted	212	217
Trade receivables (net)	49,118	43,856
Other receivables	553	1,750
Inventory (net)	82,337	69,801
Prepaid expense and other current assets	4,084	3,907
Total current assets	145,573	127,504
Total fixed assets, net of accumulated depreciation of $29,751 and $22,441, at December 31, 2023 and 2022, respectively	49,560	51,697
Operating lease assets	7,416	5,667
Intangible assets (net)	12,225	14,367
Goodwill	37,354	36,916
Deferred tax assets	3,603	452
Total assets	255,731	236,603
Current liabilities
Accounts payable	47,644	45,682
Accrued expenses	14,503	12,379
Related party payables (net)	27	60
Notes payable (net)	25,528	22,666
Current portion of finance lease obligations	605	509
Current portion of operating lease obligations	2,100	1,758
Customer deposits	2,384	3,407
Total current liabilities	92,791	86,461
Long-term liabilities
Revolving term credit facilities (net)	47,629	41,479
Notes payable (net)	18,401	22,261
Finance lease obligations (net of current portion)	2,777	3,382
Operating lease obligations (net of current portion)	5,315	3,909
Deferred gain on sale of property	347	427
Deferred tax liability	4,145	5,151
Other long-term liabilities	4,642	5,572
Total long-term liabilities	83,256	82,181
Total liabilities	176,047	168,642
Commitments and contingencies
Equity
Preferred Stock--Authorized 150,000 shares, no shares issued or outstanding at December 31, 2023 and 2022
Common Stock-no par value 25,000,000 shares authorized, 20,258,194 and 20,107,014 shares issued and outstanding at December 31, 2023 and 2022, respectively	134,328	133,289
Additional paid-in capital	5,440	4,266
Retained deficit	(65,982)	(73,338)
Accumulated other comprehensive loss	(4,169)	(5,822)
Equity attributable to shareholders of Manitex International, Inc.	69,617	58,395
Equity attributable to noncontrolling interest	10,067	9,566
Total equity	79,684	67,961
Total liabilities and equity	$ 255,731	$ 236,603

About Manitex International Inc

Manitex International, Inc. provides engineered lifting solutions in the United States, Italy, Canada, France, Chile, 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. In addition, the company manufactures and sells rough terrain cranes and material handling products; and truck mounted hydraulic knuckle boom cranes. It also sells its products through dealers and rental distribution channel. The company was formerly known as Veri-Tek International, Corp. and changed its name to Manitex International, Inc. in May 2008. Manitex International, Inc. was founded in 1993 and is headquartered in Bridgeview, Illinois.

CEO	Mr. J. Michael Coffey
WEBSITE	manitexinternational.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	601

Manitex International Inc Frequently Asked Questions

What is the ticker symbol for Manitex International Inc? What does MNTX stand for in stocks?

MNTX is the stock ticker symbol of Manitex International Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Manitex International Inc (MNTX)?

As of Wed Apr 24 2024, market cap of Manitex International Inc is 113.33 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MNTX stock?

You can check MNTX's fair value in chart for subscribers.

What is the fair value of MNTX stock?

You can check MNTX's fair value in chart for subscribers. The fair value of Manitex International Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Manitex International Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MNTX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Manitex International Inc a good stock to buy?

The fair value guage provides a quick view whether MNTX is over valued or under valued. Whether Manitex International Inc is cheap or expensive depends on the assumptions which impact Manitex International Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MNTX.

What is Manitex International Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, MNTX's PE ratio (Price to Earnings) is 15.35 and Price to Sales (PS) ratio is 0.39. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MNTX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Manitex International Inc's stock?

In the past 10 years, Manitex International Inc has provided -0.1 (multiply by 100 for percentage) rate of return.