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Industrials - Agricultural - Machinery - NASDAQ - US
$ 5.73
0.35 %
$ 117 M
Market Cap
12.46
P/E
1. INTRINSIC VALUE

Manitex International, Inc. provides engineered lifting solutions in the United States, Italy, Canada, France, Chile, and internationally. It designs, manufactures, and distributes products that are used in various industries. The company also offers boom trucks, truck cranes, aerial platforms, and sign cranes products primarily for use in industrial projects, energy exploration, and infrastructure development comprising roads, bridges, and commercial construction. In addition, it manufactures and sells rough terrain cranes and material handling products for construction, municipality, and railroad industries; and truck mounted hydraulic knuckle boom cranes. The company provides its products under the Manitex, PM, MAC, PM-Tadano, Oil & Steel, Badger, and Valla brands.[ Read More ]

The intrinsic value of one MNTX stock under the base case scenario is HIDDEN Compared to the current market price of 5.73 USD, Manitex International, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MNTX

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FINANCIALS
291 M REVENUE
6.40%
15.8 M OPERATING INCOME
443.05%
7.86 M NET INCOME
282.81%
2.22 M OPERATING CASH FLOW
143.90%
-5.92 M INVESTING CASH FLOW
88.76%
3.59 M FINANCING CASH FLOW
-92.19%
66.5 M REVENUE
-12.71%
4.44 M OPERATING INCOME
-13.16%
1.13 M NET INCOME
-24.16%
300 K OPERATING CASH FLOW
-96.37%
-470 K INVESTING CASH FLOW
91.76%
-2.11 M FINANCING CASH FLOW
-1.68%
Balance Sheet Decomposition Manitex International, Inc.
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Current Assets 146 M
Cash & Short-Term Investments 9.27 M
Receivables 49.7 M
Other Current Assets 86.6 M
Non-Current Assets 110 M
Long-Term Investments 0
PP&E 57 M
Other Non-Current Assets 53.2 M
Current Liabilities 92.8 M
Accounts Payable 47.6 M
Short-Term Debt 30.9 M
Other Current Liabilities 14.2 M
Non-Current Liabilities 83.3 M
Long-Term Debt 74.1 M
Other Non-Current Liabilities 9.13 M
EFFICIENCY
Earnings Waterfall Manitex International, Inc.
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Revenue 291 M
Cost Of Revenue 229 M
Gross Profit 62.4 M
Operating Expenses 46.5 M
Operating Income 15.8 M
Other Expenses 7.98 M
Net Income 7.86 M
RATIOS
21.40% GROSS MARGIN
21.40%
5.44% OPERATING MARGIN
5.44%
2.52% NET MARGIN
2.52%
10.57% ROE
10.57%
2.88% ROA
2.88%
13.91% ROIC
13.91%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Manitex International, Inc.
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Net Income 7.86 M
Depreciation & Amortization 11.4 M
Capital Expenditures -7.16 M
Stock-Based Compensation 2.27 M
Change in Working Capital -14.5 M
Others 114 K
Free Cash Flow -4.94 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Manitex International, Inc.
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MNTX has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Manitex International, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
Mar 08, 2023
Sell 6.08 K USD
LANGEVIN DAVID J
Executive Chairman
- 1142
5.32 USD
1 year ago
Mar 06, 2023
Sell 6.03 K USD
LANGEVIN DAVID J
Executive Chairman
- 1177
5.12 USD
1 year ago
Dec 21, 2022
Bought 21.2 K USD
Coffey Michael
Chief Executive Officer
+ 5000
4.25 USD
2 years ago
Sep 12, 2022
Bought 7.65 K USD
DOOLAN JOSEPH
Chief Financial Officer
+ 1500
5.1 USD
2 years ago
Sep 02, 2022
Bought 16.4 K USD
Coffey Michael
Chief Executive Officer
+ 3000
5.4619 USD
2 years ago
Sep 01, 2022
Bought 8.18 K USD
DOOLAN JOSEPH
Chief Financial Officer
+ 1500
5.4555 USD
2 years ago
Sep 01, 2022
Bought 10.8 K USD
DOOLAN JOSEPH
Chief Financial Officer
+ 2000
5.4055 USD
2 years ago
May 09, 2022
Bought 49.7 K USD
Coffey Michael
Chief Executive Officer
+ 6500
7.64 USD
4 years ago
Aug 11, 2020
Bought 22.6 K USD
FILIPOV STEVE
Chief Executive Officer
+ 5000
4.53 USD
4 years ago
Mar 20, 2020
Bought 3.17 K USD
ROSENBERG MARVIN B
Director
+ 1000
3.17 USD
4 years ago
Mar 20, 2020
Bought 3.06 K USD
ROSENBERG MARVIN B
Director
+ 1000
3.06 USD
4 years ago
Mar 19, 2020
Bought 3.72 K USD
ROSENBERG MARVIN B
Director
+ 1000
3.72 USD
4 years ago
Mar 19, 2020
Bought 3.59 K USD
ROSENBERG MARVIN B
Director
+ 1000
3.59 USD
4 years ago
Mar 16, 2020
Bought 15.6 K USD
Yu Laura Ruoru
Chief Financial Officer
+ 4000
3.91 USD
4 years ago
Mar 12, 2020
Bought 79.4 K USD
FILIPOV STEVE
Chief Executive Officer
+ 15000
5.29 USD
5 years ago
Nov 13, 2019
Bought 18.6 K USD
Yu Laura Ruoru
Chief Financial Officer
+ 3000
6.2 USD
5 years ago
Nov 13, 2019
Bought 12.2 K USD
Yu Laura Ruoru
Chief Financial Officer
+ 2000
6.12 USD
5 years ago
Nov 12, 2019
Bought 89.8 K USD
FILIPOV STEVE
Chief Executive Officer
+ 15000
5.99 USD
5 years ago
Sep 06, 2019
Bought 29.6 K USD
FILIPOV STEVE
Chief Executive Officer
+ 5000
5.9156 USD
5 years ago
Sep 05, 2019
Bought 28.8 K USD
FILIPOV STEVE
Chief Executive Officer
+ 5000
5.76 USD
5 years ago
Sep 04, 2019
Bought 10 K USD
FILIPOV STEVE
Chief Executive Officer
+ 1736
5.76 USD
5 years ago
Sep 03, 2019
Bought 28 K USD
FILIPOV STEVE
Chief Executive Officer
+ 5000
5.6 USD
6 years ago
Aug 16, 2018
Sell 51.5 K USD
GIGLIOTTI ROBERT S
Director
- 4400
11.71 USD
9 years ago
May 15, 2015
Bought 27.4 K USD
Clark Ronald Michael
Director
+ 3500
7.8272 USD
10 years ago
May 14, 2014
Sell 82 K USD
GIGLIOTTI ROBERT S
Director
- 5000
16.401 USD
11 years ago
Nov 15, 2013
Sell 30.5 K USD
GIGLIOTTI ROBERT S
Director
- 2500
12.2 USD
11 years ago
Nov 15, 2013
Sell 30.5 K USD
GIGLIOTTI ROBERT S
Director
- 2500
12.2 USD
11 years ago
Sep 12, 2013
Sell 55.2 K USD
Litchev Lubomir T.
President, Manufacturing Ops.
- 5000
11.05 USD
11 years ago
Sep 12, 2013
Sell 52.6 K USD
Litchev Lubomir T.
President, Manufacturing Ops.
- 4785
11 USD
11 years ago
Sep 12, 2013
Sell 2.37 K USD
Litchev Lubomir T.
President, Manufacturing Ops.
- 215
11.03 USD
11 years ago
Sep 04, 2013
Sell 31.5 K USD
GIGLIOTTI ROBERT S
Director
- 3000
10.5 USD
11 years ago
Aug 26, 2013
Sell 71.5 K USD
Litchev Lubomir T.
President, Manufacturing Ops.
- 6744
10.6 USD
11 years ago
Aug 26, 2013
Sell 71.5 K USD
Litchev Lubomir T.
President, Manufacturing Ops.
- 6744
10.6 USD
11 years ago
Aug 26, 2013
Sell 52.5 K USD
Litchev Lubomir T.
President, Manufacturing Ops.
- 5000
10.504 USD
11 years ago
Aug 26, 2013
Sell 52.5 K USD
Litchev Lubomir T.
President, Manufacturing Ops.
- 5000
10.504 USD
12 years ago
Nov 20, 2012
Sell 106 K USD
Tober Stephen
Director
- 14027
7.573 USD
11 years ago
Nov 21, 2012
Sell 30 K USD
Tober Stephen
Director
- 3973
7.56 USD
12 years ago
Dec 08, 2011
Bought 6.23 K USD
Tober Stephen
Director
+ 1500
4.15 USD
13 years ago
Aug 18, 2011
Bought 7.9 K USD
GIGLIOTTI ROBERT S
Director
+ 2000
3.95 USD
13 years ago
Jun 13, 2011
Bought 3.89 K USD
Clark Ronald Michael
Director
+ 800
4.864 USD
13 years ago
Jun 10, 2011
Bought 3.42 K USD
Clark Ronald Michael
Director
+ 700
4.88 USD
13 years ago
Jun 10, 2011
Bought 9.74 K USD
Tober Stephen
Director
+ 2000
4.87 USD
14 years ago
Sep 13, 2010
Bought 5.93 K USD
Tober Stephen
Director
+ 2400
2.47 USD
14 years ago
Sep 13, 2010
Bought 1.96 K USD
Tober Stephen
Director
+ 800
2.45 USD
14 years ago
Sep 13, 2010
Bought 1.2 K USD
Tober Stephen
Director
+ 500
2.4 USD
14 years ago
Sep 13, 2010
Bought 715 USD
Tober Stephen
Director
+ 300
2.385 USD
14 years ago
Dec 09, 2009
Bought 4.75 K USD
Tober Stephen
Director
+ 2500
1.9 USD
14 years ago
Nov 24, 2009
Bought 460 USD
GIGLIOTTI ROBERT S
Director
+ 250
1.84 USD
14 years ago
Nov 23, 2009
Bought 1.34 K USD
GIGLIOTTI ROBERT S
Director
+ 750
1.78 USD
15 years ago
Sep 11, 2009
Bought 5.4 K USD
McKenna Terrence P
Director
+ 3000
1.8 USD
15 years ago
Sep 11, 2009
Bought 5.4 K USD
McKenna Terrence P
Director
+ 3000
1.8 USD
15 years ago
Aug 28, 2009
Bought 271 USD
Tober Stephen
Director
+ 155
1.75 USD
15 years ago
Aug 28, 2009
Bought 6.92 K USD
Tober Stephen
Director
+ 3845
1.8 USD
15 years ago
Jul 24, 2009
Sell 157 K USD
KITT BARRY M
10 percent owner
- 116900
1.3432 USD
15 years ago
Jul 27, 2009
Sell 95.7 K USD
KITT BARRY M
10 percent owner
- 65000
1.4729 USD
15 years ago
Jul 27, 2009
Sell 118 K USD
KITT BARRY M
10 percent owner
- 81953
1.4387 USD
15 years ago
May 21, 2009
Bought 251 USD
ROSENBERG MARVIN B
Director
+ 300
0.8376 USD
15 years ago
May 21, 2009
Bought 170 USD
ROSENBERG MARVIN B
Director
+ 200
0.85 USD
15 years ago
May 21, 2009
Bought 415 USD
ROSENBERG MARVIN B
Director
+ 500
0.83 USD
15 years ago
May 21, 2009
Bought 1.51 K USD
McKenna Terrence P
Director
+ 1700
0.89 USD
15 years ago
May 21, 2009
Bought 44 USD
McKenna Terrence P
Director
+ 50
0.88 USD
15 years ago
May 21, 2009
Bought 174 USD
McKenna Terrence P
Director
+ 200
0.87 USD
15 years ago
May 21, 2009
Bought 872 USD
McKenna Terrence P
Director
+ 1050
0.83 USD
15 years ago
May 20, 2009
Bought 810 USD
ROSENBERG MARVIN B
Director
+ 1000
0.8099 USD
15 years ago
May 19, 2009
Bought 833 USD
ROSENBERG MARVIN B
Director
+ 1000
0.8333 USD
15 years ago
May 19, 2009
Bought 4 K USD
GIGLIOTTI ROBERT S
Director
+ 5000
0.8 USD
15 years ago
Feb 02, 2009
Sell 0 USD
JLF OFFSHORE FUND LTD
10 percent owner
- 0
0 USD
15 years ago
Feb 02, 2009
Sell 70.2 K USD
JLF OFFSHORE FUND LTD
10 percent owner
- 82567
0.85 USD
15 years ago
Dec 09, 2008
Bought 970 USD
ROSENBERG MARVIN B
Director
+ 1000
0.97 USD
15 years ago
Dec 05, 2008
Bought 270 USD
ROSENBERG MARVIN B
Director
+ 300
0.9 USD
15 years ago
Dec 05, 2008
Bought 440 USD
ROSENBERG MARVIN B
Director
+ 500
0.879 USD
15 years ago
Dec 05, 2008
Bought 140 USD
ROSENBERG MARVIN B
Director
+ 200
0.7 USD
15 years ago
Dec 05, 2008
Bought 176 USD
GIGLIOTTI ROBERT S
Director
+ 200
0.879 USD
15 years ago
Dec 05, 2008
Bought 870 USD
GIGLIOTTI ROBERT S
Director
+ 1000
0.87 USD
15 years ago
Dec 05, 2008
Bought 690 USD
GIGLIOTTI ROBERT S
Director
+ 800
0.8621 USD
15 years ago
Nov 25, 2008
Bought 1.86 K USD
McKenna Terrence P
Director
+ 1758
1.06 USD
15 years ago
Nov 25, 2008
Bought 1.3 K USD
McKenna Terrence P
Director
+ 1242
1.05 USD
15 years ago
Nov 25, 2008
Bought 1.14 K USD
McKenna Terrence P
Director
+ 1142
1 USD
15 years ago
Nov 25, 2008
Bought 97 USD
McKenna Terrence P
Director
+ 100
0.97 USD
16 years ago
Nov 21, 2008
Bought 345 USD
Tober Stephen
Director
+ 300
1.15 USD
16 years ago
Nov 21, 2008
Bought 342 USD
Tober Stephen
Director
+ 300
1.14 USD
16 years ago
Nov 21, 2008
Bought 1.01 USD
Tober Stephen
Director
+ 1
1.01 USD
16 years ago
Nov 21, 2008
Bought 2.4 K USD
Tober Stephen
Director
+ 2399
1 USD
16 years ago
Nov 21, 2008
Bought 571 USD
ROSENBERG MARVIN B
Director
+ 600
0.9517 USD
16 years ago
Nov 21, 2008
Bought 179 USD
ROSENBERG MARVIN B
Director
+ 200
0.895 USD
16 years ago
Nov 21, 2008
Bought 89 USD
ROSENBERG MARVIN B
Director
+ 100
0.89 USD
16 years ago
Nov 21, 2008
Bought 88 USD
ROSENBERG MARVIN B
Director
+ 100
0.88 USD
16 years ago
Nov 20, 2008
Bought 1.02 K USD
ROSENBERG MARVIN B
Director
+ 900
1.13 USD
16 years ago
Nov 20, 2008
Bought 109 USD
ROSENBERG MARVIN B
Director
+ 100
1.09 USD
16 years ago
Nov 19, 2008
Bought 299 USD
ROSENBERG MARVIN B
Director
+ 300
0.998 USD
16 years ago
Nov 19, 2008
Bought 198 USD
ROSENBERG MARVIN B
Director
+ 200
0.9887 USD
16 years ago
Nov 19, 2008
Bought 391 USD
ROSENBERG MARVIN B
Director
+ 400
0.978 USD
16 years ago
Nov 19, 2008
Bought 97.4 USD
ROSENBERG MARVIN B
Director
+ 100
0.9736 USD
16 years ago
Nov 18, 2008
Bought 3.47 K USD
GIGLIOTTI ROBERT S
Director
+ 2920
1.19 USD
16 years ago
Nov 18, 2008
Bought 690 USD
GIGLIOTTI ROBERT S
Director
+ 600
1.15 USD
16 years ago
Nov 18, 2008
Bought 1.12 K USD
GIGLIOTTI ROBERT S
Director
+ 980
1.14 USD
16 years ago
Oct 06, 2008
Bought 0 USD
LANGEVIN DAVID J
Chairman of the Board & CEO
+ 42060
0 USD
16 years ago
Sep 18, 2008
Sell 864 USD
FEINBERG JEFF
10 percent owner
- 216
4 USD
16 years ago
Sep 18, 2008
Sell 0 USD
FEINBERG JEFF
10 percent owner
- 0
0 USD
16 years ago
Sep 18, 2008
Sell 688 USD
FEINBERG JEFF
10 percent owner
- 172
4 USD
16 years ago
Sep 18, 2008
Sell 0 USD
FEINBERG JEFF
10 percent owner
- 0
0 USD
16 years ago
Sep 18, 2008
Sell 48 USD
FEINBERG JEFF
10 percent owner
- 12
4 USD
16 years ago
Sep 11, 2008
Bought 0 USD
FEINBERG JEFF
10 percent owner
+ 0
0 USD
16 years ago
Sep 11, 2008
Bought 10.1 K USD
FEINBERG JEFF
10 percent owner
+ 2385
4.22 USD
16 years ago
Sep 11, 2008
Bought 58.6 K USD
FEINBERG JEFF
10 percent owner
+ 13797
4.25 USD
16 years ago
Sep 11, 2008
Bought 0 USD
FEINBERG JEFF
10 percent owner
+ 0
0 USD
16 years ago
Sep 11, 2008
Bought 0 USD
FEINBERG JEFF
10 percent owner
+ 0
0 USD
16 years ago
Sep 11, 2008
Bought 11.6 K USD
FEINBERG JEFF
10 percent owner
+ 2760
4.19 USD
16 years ago
Sep 11, 2008
Bought 0 USD
FEINBERG JEFF
10 percent owner
+ 0
0 USD
16 years ago
Sep 11, 2008
Bought 7.49 K USD
FEINBERG JEFF
10 percent owner
+ 1776
4.22 USD
16 years ago
Sep 11, 2008
Bought 0 USD
FEINBERG JEFF
10 percent owner
+ 0
0 USD
16 years ago
Sep 11, 2008
Bought 43.7 K USD
FEINBERG JEFF
10 percent owner
+ 10282
4.25 USD
16 years ago
Sep 11, 2008
Bought 0 USD
FEINBERG JEFF
10 percent owner
+ 0
0 USD
16 years ago
Sep 11, 2008
Bought 8.61 K USD
FEINBERG JEFF
10 percent owner
+ 2056
4.19 USD
16 years ago
Sep 11, 2008
Bought 671 USD
FEINBERG JEFF
10 percent owner
+ 159
4.22 USD
16 years ago
Sep 11, 2008
Bought 3.91 K USD
FEINBERG JEFF
10 percent owner
+ 921
4.25 USD
16 years ago
Sep 11, 2008
Bought 771 USD
FEINBERG JEFF
10 percent owner
+ 184
4.19 USD
16 years ago
Aug 28, 2008
Sell 401 K USD
KITT BARRY M
10 percent owner
- 99000
4.05 USD
16 years ago
Aug 28, 2008
Sell 421 K USD
KITT BARRY M
10 percent owner
- 99000
4.25 USD
16 years ago
Aug 20, 2008
Bought 5.33 K USD
GIGLIOTTI ROBERT S
Director
+ 1300
4.1 USD
16 years ago
Aug 20, 2008
Bought 2.8 K USD
GIGLIOTTI ROBERT S
Director
+ 700
4 USD
16 years ago
Aug 20, 2008
Bought 5.33 K USD
GIGLIOTTI ROBERT S
Director
+ 1300
4.1 USD
16 years ago
Aug 20, 2008
Bought 2.8 K USD
GIGLIOTTI ROBERT S
Director
+ 700
4 USD
16 years ago
Dec 14, 2007
Bought 2.45 K USD
McKenna Terrence P
Director
+ 400
6.12 USD
16 years ago
Dec 14, 2007
Bought 9.76 K USD
McKenna Terrence P
Director
+ 1600
6.1 USD
16 years ago
Dec 13, 2007
Bought 12.4 K USD
LIGHT STEPHEN R
Director
+ 2000
6.2 USD
17 years ago
Apr 02, 2007
Bought 921 K USD
FEINBERG JEFF
10 percent owner
+ 146845
6.27 USD
17 years ago
Apr 02, 2007
Bought 0 USD
FEINBERG JEFF
10 percent owner
+ 0
0 USD
17 years ago
Mar 30, 2007
Bought 2.74 M USD
FEINBERG JEFF
10 percent owner
+ 436529
6.27 USD
17 years ago
Mar 30, 2007
Bought 0 USD
FEINBERG JEFF
10 percent owner
+ 0
0 USD
17 years ago
Apr 02, 2007
Bought 743 K USD
FEINBERG JEFF
10 percent owner
+ 118568
6.27 USD
17 years ago
Apr 02, 2007
Bought 0 USD
FEINBERG JEFF
10 percent owner
+ 0
0 USD
17 years ago
Mar 30, 2007
Bought 1.54 M USD
FEINBERG JEFF
10 percent owner
+ 245972
6.27 USD
17 years ago
Mar 30, 2007
Bought 0 USD
FEINBERG JEFF
10 percent owner
+ 0
0 USD
17 years ago
Apr 02, 2007
Bought 54.1 K USD
FEINBERG JEFF
10 percent owner
+ 8629
6.27 USD
17 years ago
Mar 30, 2007
Bought 158 K USD
FEINBERG JEFF
10 percent owner
+ 25166
6.27 USD
18 years ago
Apr 27, 2006
Bought 509 K USD
SKANDALARIS ROBERT J
CEO
+ 156591
3.25 USD
7. News
Manitex (MNTX) Q3 Earnings Beat Estimates Manitex (MNTX) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.14 per share a year ago. zacks.com - 1 week ago
Manitex International Reports Third Quarter 2024 Results BRIDGEVIEW, Ill.--(BUSINESS WIRE)--Manitex International, Inc. (Nasdaq: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today reported financial results for the three months ended September 30, 2024. THIRD QUARTER 2024 RESULTS (all comparisons versus the prior year period unless otherwise noted) Net revenue of $66.5 million Gross profit. businesswire.com - 1 week ago
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates OB and MNTX on Behalf of Shareholders NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: globenewswire.com - 2 weeks ago
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MNTX and RFL on Behalf of Shareholders NEW YORK, NY / ACCESSWIRE / October 2, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Manitex International, Inc. (NASDAQ:MNTX)'s sale to Tadano Ltd. for $5.80 per share in cash. accesswire.com - 1 month ago
SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Manitex International, Inc. – MNTX NEW YORK, NY / ACCESSWIRE / September 19, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Manitex International, Inc. (NASDAQ:MNTX) , relating to its proposed merger with Tadano Ltd. accesswire.com - 1 month ago
MANITEX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Manitex International, Inc. - MNTX NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Manitex International, Inc. (NasdaqCM: MNTX) to Tadano Ltd. Under the terms of the proposed transaction, shareholders of Manitex will receive $5.80 in cash for each share of Manitex that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the. businesswire.com - 2 months ago
BGL Announces Manitex International Reaches Definitive Agreement to be Acquired by Tadano Ltd. Leading provider of mobile truck cranes, aerial work platforms, specialized lifting solutions, and construction equipment rentals CLEVELAND , Sept. 12, 2024 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce that Manitex International, Inc. (NASDAQ: MNTX) (Manitex) has signed a definitive agreement to be acquired by Tadano Ltd. prnewswire.com - 2 months ago
MNTX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Manitex International, Inc. Is Fair to Shareholders NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Manitex International, Inc. (NASDAQ: MNTX) to Tadano Ltd. for $5.80 per share in cash is fair to Manitex shareholders. Halper Sadeh encourages Manitex shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Manitex and. businesswire.com - 2 months ago
Torus to Create 172 High-Paying Jobs in Utah, Boosting Local Economy SOUTH SALT LAKE, Utah--(BUSINESS WIRE)--Torus Inc., a Utah-based leader in energy storage and energy management, today announced it has been approved for a $1.94 million post-performance tax credit from the Utah Governor's Office of Economic Opportunity (GOEO). This Economic Development Tax Increment Financing (EDTIF) incentive underscores Torus' commitment to economic growth and job creation in Utah. Key Highlights: Company commits to creating 172 new high-paying jobs in Salt Lake County Avera. businesswire.com - 2 months ago
Shareholder Alert: Ademi LLP investigates whether Manitex International, Inc. has obtained a Fair Price for its Public Shareholders MILWAUKEE , Sept. 12, 2024 /PRNewswire/ -- Ademi LLP is investigating Manitex (Nasdaq: MNTX) for possible breaches of fiduciary duty and other violations of law in its transaction with Tadano. prnewswire.com - 2 months ago
Manitex International Signs Dealership Agreement With First Fleet Truck Sales in Support of Its North American PM Crane Sales Expansion BRIDGEVIEW, Ill.--(BUSINESS WIRE)--Manitex International, Inc. (NASDAQ: MNTX) ("Manitex" or the "Company"), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced a dealership agreement with First Fleet Truck Sales (“First Fleet”). As one of the largest truck crane upfitters in Florida, First Fleet's team will be certified to sell and support PM Group knuckle boom. businesswire.com - 2 months ago
Manitex International Signs Dealership Agreement With Bruckner's Truck & Equipment in Support of Its North American PM Crane Sales Expansion BRIDGEVIEW, Ill.--(BUSINESS WIRE)--Manitex International, Inc. (NASDAQ: MNTX), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced a North American dealership agreement with Bruckner's Truck & Equipment (“Bruckner's”). Bruckner's will sell and support the full line of Manitex equipment solutions in selected markets through their network of 40 support center. businesswire.com - 2 months ago
8. Profile Summary

Manitex International, Inc. MNTX

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COUNTRY US
INDUSTRY Agricultural - Machinery
MARKET CAP $ 117 M
Dividend Yield 0.00%
Description Manitex International, Inc. provides engineered lifting solutions in the United States, Italy, Canada, France, Chile, and internationally. It designs, manufactures, and distributes products that are used in various industries. The company also offers boom trucks, truck cranes, aerial platforms, and sign cranes products primarily for use in industrial projects, energy exploration, and infrastructure development comprising roads, bridges, and commercial construction. In addition, it manufactures and sells rough terrain cranes and material handling products for construction, municipality, and railroad industries; and truck mounted hydraulic knuckle boom cranes. The company provides its products under the Manitex, PM, MAC, PM-Tadano, Oil & Steel, Badger, and Valla brands. 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.
Contact 9725 Industrial Drive, Bridgeview, IL, 60455 https://www.manitexinternational.com
IPO Date Feb. 15, 2005
Employees 705
Officers Mr. Roberto Chiesa Chief Financial Officer - European Manufacturing Mr. Stoyan Filipov Special Advisor Mr. Alberto Ranzi Director of Human Resources - European Manufacturing Mr. David J. Langevin CPA Executive Chairman Mr. J. Michael Coffey Chief Executive Officer & Director Mr. Joseph R. Doolan CPA Chief Financial Officer, Senior Vice President & Principal Accounting Officer Ms. Tami McHazlett Director of Human Resources Mr. Scott Rolston Senior Vice President of Strategic Planning Mr. Richard Mills President of Manitex North American Manufacturing Giovanni Tacconi Vice President & Italian MD