Media stories about Manitex International (NASDAQ:MNTX) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Manitex International earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 47.3582782476565 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Manitex International (MNTX) Raised to Buy at Zacks Investment Research (americanbankingnews.com)
- $57.60 Million in Sales Expected for Manitex International Inc. (MNTX) This Quarter (americanbankingnews.com)
- Manitex International (MNTX) Upgraded to Buy by Zacks Investment Research (americanbankingnews.com)
- Zacks Investment Research Downgrades Manitex International (MNTX) to Hold (americanbankingnews.com)
- Zacks: Brokerages Expect Manitex International Inc. (MNTX) Will Post Earnings of $0.04 Per Share (americanbankingnews.com)
MNTX has been the topic of several recent research reports. Zacks Investment Research lowered shares of Manitex International from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Roth Capital raised shares of Manitex International from a “neutral” rating to a “buy” rating and upped their price target for the company from $10.00 to $11.00 in a report on Thursday, February 8th.
Manitex International (NASDAQ:MNTX) last posted its earnings results on Wednesday, March 28th. The industrial products company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.03). Manitex International had a positive return on equity of 3.88% and a negative net margin of 3.36%. The firm had revenue of $64.48 million for the quarter, compared to analysts’ expectations of $64.45 million. equities research analysts anticipate that Manitex International will post 0.47 EPS for the current year.
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About Manitex International
Manitex International, Inc provides engineered lifting and loading products worldwide. The company operates through three segments: Lifting Equipment, ASV, and Equipment Distribution segments. The Lifting Equipment segment designs, manufactures, and distributes boom trucks and crane products that are used for industrial projects and energy exploration, as well as for roads, bridges, and residential and commercial construction; and specialized rough terrain cranes and material handling products for the construction, municipality, and railroad industries, as well as truck-mounted aerial platforms and sign cranes.
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