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Manitex International Inc

Type: Company

Name: Manitex International Inc

Nationality: United States

Web Address: http://www.manitexinternational.com/

Fact Sheet: Fact Sheet for Manitex International Inc

First reported May 17 2013 - Updated May 17 2013 - 1 reports

Manitex International Upgraded to Neutral by Zacks (MNTX)

Zacks upgraded shares of Manitex International (NASDAQ: MNTX) from an underperform rating to a neutral rating in a report issued on Tuesday, AnalystRatings.Net reports. They currently have $11.30 target price on the stock.MNTX has been the subject of ... [Published The Utah People's Post - May 17 2013]

Entities: Manitex International Inc, Stocks, Roth Capital Partners

First reported May 15 2013 - Updated May 15 2013 - 1 reports

Manitex International Posts First Quarter 2013 Results

Manitex International, Inc., a provider of engineered lifting solutions including boom truck and rough terrain cranes, rough terrain forklifts, special mission oriented vehicles, container handling equipment and specialized engineered trailers, announced ... [Published Individual.com - May 15 2013]

Entities: Manitex International Inc, Gross Profit Margin, Andrew Rooke, Manufacturing

First reported May 15 2013 - Updated May 15 2013 - 1 reports

Manitex International Inc

Manitex International Stock Rating Upgraded by Zacks (MNTX)

Manitex International (NASDAQ: MNTX)Shares of Manitex International (NASDAQ: MNTX) traded up 1.09% during mid-day trading on Tuesday, hitting $11.17. Manitex International has a 52 week low of $6.32 and a 52 week high of $13.14. The stock?s 50-day moving ... [Published American Banking News - May 15 2013]

Entities: Manitex International Inc, Stocks, Roth Capital Partners

First reported May 14 2013 - Updated May 14 2013 - 1 reports

Manufacturing

Boom boost for Manitex revenue in Q1

Boom truck sales and improved commercial activity were the major reasons behind an increase in Manitex’s revenues for the first quarter of 2013. The company reported that net revenues rose 39% to a record $59.6m, compared with $42.8m in 2012. There was ... [Published Cranes Today - May 14 2013]

Entities: Manitex International Inc, Manufacturing, Gross Profit Margin

First reported May 13 2013 - Updated May 13 2013 - 1 reports

Further revenue growth for Manitex

USA-based manufacturer Manitex International posted record revenues for the first quarter of 2013, up +39% to US$ 60 million. Net income also jumped, up +53% to US$ 1.9 million.Earnings before interest, taxes, depreciation and amortisation (EBITDA) also ... [Published KHL Group - May 13 2013]

Entities: Manitex International Inc, Revenue Growth, US 1 Industries Inc, EBITDA, Net Income

First reported May 11 2013 - Updated May 11 2013 - 1 reports

Manitex International, Inc. Reports First Quarter 2013 Results

AEDNews - Construction Equipment Industry NewsRevenues Increase 39 percent to a Record $60 MillionNet Income Increases 53 percent to $1.9 Million, or $0.16 in EPSManitex International, Inc., a leading provider of engineered lifting solutions including ... [Published Associated Equipment Distributor - May 11 2013]

Entities: Manitex International Inc, Gross Profit Margin, Net Income, Andrew Rooke, Manufacturing

First reported May 10 2013 - Updated May 10 2013 - 1 reports

Sun Hydraulics Corp

Strong 1Q Earnings for Manitex - Analyst Blog

Manitex International, Inc. ’s ( MNTX ) first-quarter 2013 earnings per share increased 45.5% on a year-over-year basis to 16 cents a share and exceeded the Zacks Consensus Estimate of 13 cents.Operational UpdatesSales increased 39% year over year to ... [Published Zacks.com - May 10 2013]

Entities: Manitex International Inc, Sun Hydraulics Corp, Altra Holdings Inc, Graco Inc

First reported May 10 2013 - Updated May 10 2013 - 1 reports

Manitex International Given New $13.00 Price Target at Roth Capital (MNTX)

Roth Capital boosted their price target on shares of Manitex International (NASDAQ: MNTX)Several other analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of Manitex International from a ?neutral? rating to an ?underperform? ... [Published American Banking News - May 10 2013]

Entities: Manitex International Inc, Roth Capital Partners, Earnings Per Share, Stocks

First reported May 08 2013 - Updated May 08 2013 - 1 reports

Manitex International, Inc. Reports First Quarter 2013 Results

/PRNewswire/ -- Manitex International, Inc. (Nasdaq: MNTX), a leading provider of engineered lifting solutions including boom truck and rough terrain cranes, rough terrain forklifts, special mission oriented vehicles, container handling equipment and... ... [Published Wards Auto.com - May 08 2013]

Entities: Manitex International Inc

First reported May 08 2013 - Updated May 08 2013 - 1 reports

Manitex International, Inc. Reports First Quarter 2013 Results

MANITEX INTERNATIONAL INC Symbol U : MNTX Recent Sedar Documents Revenues Increase 39% to a Record $60 MillionNet Income Increases 53% to $1.9 Million, or $0.16 in EPS ... [Published Stockwatch - May 08 2013]

Entities: Manitex International Inc, Net Income

First reported May 06 2013 - Updated May 07 2013 - 3 reports

Manitex moves into high capacity truck crane market

Manitex has launched its highest capacity to date, the TC700. The company said that the new machine signalled its entry into the higher capacity global truck crane market, claiming that it could offer a lower cost product on a standard truck chassis.The ... [Published Cranes Today - May 07 2013]

Entities: Manitex International Inc, Paul Gibson

First reported May 06 2013 - Updated May 06 2013 - 2 reports

MANITEX INTERNATIONAL INC.: Manitex International, Inc. Announces Launch of New 70-Ton Crane

Manitex International, Inc. Announces Launch of New 70-Ton Crane -- New TC700 Pushes Manitex Crane Capacity Higher - Differentiated Offering Is First 70-Ton Built on Standard Truck Chassis Bridgeview, IL, May 6th, 2013- Manitex International, Inc. ... [Published 4 Traders - May 06 2013]

Entities: Manitex International Inc, Paul Gibson

Quotes

Chairman and CEO, David Langevin, commented, "Our first quarter results were in line with our expectations with sales continuing to show dramatic growth over last year's levels and modestly compared to the previous quarter. While we did experience some temporary margin pressure in the quarter, primarily a result of manufacturing efficiencies related to start-up of new product and product sales mix, we expect these issues to mitigate during the second quarter with margins subsequently recovering to normalized levels. Further, we are very excited about our latest product introduction, namely, the Manitex TC 700 which is potentially a game-changer for the Company, putting us firmly into a heavier truck crane category at a lower price point. Our expectation is that this product line has the potential to achieve similar success as did our 50 ton crane introduction of several years ago that now represents approximately 20 percent of total sales or $40 million."

Manitex International Posts First Quarter 2013 Results [Published Individual.com - May 15 2013]

..." Although he conceded that the company had "experienced some temporary margin pressure in the quarter, primarily a result of manufacturing efficiencies related to start-up of new product and product sales mix"

Boom boost for Manitex revenue in Q1 [Published Cranes Today - May 14 2013]

Paul Gibson, general manager for the company's Manitex Inc. crane subsidiary said, "The TC700 allows the final customer to select a commercial chassis, and ultimately offers very attractive economics to the dealer. Developed collaboratively with our launch customers, the Manitex TC700 is targeted to address specific applications as well as the continuing general demand for higher capacity cranes, and with a global market estimate of 1,500 units per year, we see an opportunity here for a highly successful new product launch."

Manitex moves into high capacity truck crane market [Published Cranes Today - May 07 2013]

David Langevin, Chairman and CEO of Manitex International commented, "We are very proud of the innovation that has come from our Manitex team, as we have again introduced a product that provides dealers with an opportunity to significantly increase their ROI on the cranes they sell. This is the largest crane we have ever built, and we expect a healthy dealer demand across a multitude of geographies and industrial groups, building upon the launch excitement we have already seen. We continue to push the lifting limits higher for cranes on a commercial chassis where we can compete very effectively against more expensive truck cranes. Our analysis of the market for cranes with this lifting capacity suggests that this product has the potential to be one of our most successful product platforms within the next several years."

Manitex International, Inc. Announces Launch of New 70-Ton Crane [Published FinanzNachrichten.de - May 06 2013]

More Content

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Manitex International Upgraded to Neutral by Za... [Published The Utah People's Post - May 17 2013]
Manitex International Posts First Quarter 2013 ... [Published Individual.com - May 15 2013]
Manitex International Stock Rating Upgraded by ... [Published American Banking News - May 15 2013]
Boom boost for Manitex revenue in Q1 [Published Cranes Today - May 14 2013]
Equities Research Analysts’ Upgrades for May, 1... [Published American Banking News - May 14 2013]
Further revenue growth for Manitex [Published KHL Group - May 13 2013]
3 Energy Stock Winners and 2 Losers After Earni... [Published Wall St. Cheat Sheet - May 12 2013]
3 Energy Stock Winners and 2 Losers After Earni... [Published Wall St. Cheat Sheet - May 12 2013]
Manitex International, Inc. Reports First Quart... [Published Associated Equipment Distributor - May 11 2013]
Strong 1Q Earnings for Manitex - Analyst Blog [Published Zacks.com - May 10 2013]
Manitex International Given New $13.00 Price Ta... [Published American Banking News - May 10 2013]
U.S./Canada daily earnings hits & misses May 8 ... [Published Globe and Mail - May 08 2013]
Manitex International, Inc. Reports First Quart... [Published Wards Auto.com - May 08 2013]
Manitex International (MNTX): Q1 EPS of $0.16 b... [Published Seeking Alpha - May 08 2013]
Manitex International, Inc. Reports First Quart... [Published NewsBlaze - May 08 2013]
Manitex International, Inc. Reports First Quart... [Published Stockwatch - May 08 2013]
Manitex International, Inc. Reports First Quart... [Published Auto & Transportation - May 08 2013]
Manitex International Earnings: Your Sneak Peek... [Published Wall St. Cheat Sheet - May 08 2013]
Manitex moves into high capacity truck crane ma... [Published Cranes Today - May 07 2013]
70 ton Manitex truck mount [Published Vertikal.net - May 06 2013]
Manitex introduces 70-ton TCC-700 [Published KHL Group - May 06 2013]
MANITEX INTERNATIONAL INC.: Manitex Internation... [Published 4 Traders - May 06 2013]
Manitex International, Inc. Announces Launch of... [Published Benzinga.com - May 06 2013]
Manitex International, Inc. Announces Launch of... [Published FinanzNachrichten.de - May 06 2013]
Manitex International, Inc. Announces Launch of... [Published PR Newswire: General Business - May 06 2013]
Hedge Funds Are Buying Flow International Corpo... [Published InsiderMonkey.com - May 03 2013]
Manitex International, Inc. Will Report 2013 Fi... [Published PR Newswire: Financial Services - Apr 29 2013]
8-K - Manitex International, Inc. (0001302028) ... [Published SEC Filings - Apr 08 2013]
Manitex shareolders elect Ben-David et al. as d... [Published Stockwatch - Apr 05 2013]
CIC Renews Partnership to Hold Crane Operator R... [Published PRWeb - Apr 05 2013]

Blogs

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3 Energy Stock Winners and 2 Losers After Earni... [Published Wall St. Cheat Sheet - May 12 2013] Energy Recovery, Inc. ( NASDAQ:ERII ) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share were the same at $-0.09 in the quarter as EPS of $-0.09 in the year-earlier quarter. ...
3 Energy Stock Winners and 2 Losers After Earni... [Published Wall St. Cheat Sheet - May 12 2013] Energy Recovery, Inc. ( NASDAQ:ERII ) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share were the same at $-0.09 in the quarter as EPS of $-0.09 in the year-earlier quarter. ...
Manitex International Earnings: Your Sneak Peek... [Published Wall St. Cheat Sheet - May 08 2013] Manitex International ( NASDAQ:MNTX ) will report earnings after markets close on Wednesday, May 8th. Manitex Interntional Inc. designs, develops and builds integrated productionline assembly and testing equipment for the automotive and heavy equipment ...
Investors are Digesting These Financial Stock E... [Published Wall St. Cheat Sheet - Mar 16 2013] NN Inc. ( NASDAQ:NNBR ) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased to $-0.06 in the quarter versus EPS of $0.21 in the year-earlier quarter. Revenue ...
Frontrunning: March 12 [Published Zero Hedge - Mar 12 2013] Cardinals head to conclave to elect pope for troubled Church ( Reuters ) Hyperinflation 'Unthinkable' Even With Bold Easing: Abe ( Nikkei ) Ryan Plan Revives '12 Election Issues ( WSJ ) Republicans to unveil $4.6tn of cuts ( FT ) - Obama set to dismiss ...

Press Releases

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Manitex International, Inc. Reports First Quart... [Published Auto & Transportation - May 08 2013]
Manitex International, Inc. Announces Launch of... [Published PR Newswire: General Business - May 06 2013]
Manitex International, Inc. Will Report 2013 Fi... [Published PR Newswire: Financial Services - Apr 29 2013]
Manitex International, Inc. Reports Record 2012... [Published PR Newswire: Financial Services - Mar 11 2013]
Manitex International, Inc. to Present at the 2... [Published Financial Services - Mar 05 2013]