Manitex International, Inc. - common stock (MNTX) Company Bio
Manitex International, Inc. provides engineered lifting and loading products worldwide. The company operates through Lifting Equipment, ASV, and Equipment Distribution segments. The company was founded in 1993 and is based in Bridgeview, Illinois.
MNTX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Manitex International Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Manitex International Inc ranked in the 35th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 39.83%. The most interesting components of our discounted cash flow analysis for Manitex International Inc ended up being:
As a business, MNTX is generating more cash flow than only 6.56% of positive cash flow stocks in the Industrials.
Manitex International Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Manitex International Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -2.04. This coverage rate is greater than that of merely 14.89% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CP, INFO, RTX, WM, and AQUA can be thought of as valuation peers to MNTX, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
BRIDGEVIEW, IL / ACCESSWIRE / May 27, 2020 / Manitex International, Inc. (MNTX), a leading international provider of cranes and specialized industrial equipment, today announced that it has received orders for PM branded articulated cranes worth approximately $1.8 million from customers in Asia. Safe Harbor Statement under the U.S. Private Securities Litigation Reform Act of 1995: This release contains statements that are forward-looking in nature which express the beliefs and expectations of management including statements regarding the Company's expected results of operations or liquidity; statements concerning projections, predictions, expectations, estimates or forecasts as to our business, financial and operational results and future economic performance; and statements of managem...
BRIDGEVIEW, IL / ACCESSWIRE / May 7, 2020 / Manitex International, Inc. (NASDAQ:MNTX), a leading international provider of cranes and specialized industrial equipment, today announced first quarter 2020 ...
Conference Call Scheduled for 4:30 PM ET BRIDGEVIEW, IL / ACCESSWIRE / April 27, 2020 / Manitex International, Inc. (NASDAQ:MNTX) a leading international provider of cranes and specialized industrial equipment, ...
BRIDGEVIEW, IL / ACCESSWIRE / April 2, 2020 / Manitex International, Inc. (MNTX), a leading international provider of cranes and specialized industrial equipment, today provided an update to investors in response to the evolving COVID-19 virus pandemic. The company reports that production and deliveries were minimally affected by COVID-19-related disruptions and precautions for the majority of the first quarter. North American operations have remained open with production levels being matched to maximize production efficiency and customer order patterns, which remain subject to change in this evolving situation.