We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Manitex Names Crane Sales & Service as Knuckleboom Dealer
Read MoreHide Full Article
Manitex International, Inc. (MNTX - Free Report) recently announced the appointment of Nebraska-based Crane Sales & Service as a Manitex-PM knuckleboom dealer for Nebraska, North Dakota, South Dakota & Iowa. It will expand the spread of the Midwest distribution for the knuckleboom cranes.
Crane Sales & Service handles a broad range of products and serves the knuckleboom truck market. Its combination with Manitex will provide customers with the industry’s best products, service, and support.
Manitex’s UpTime program is consistent with Crane Sales & Service’s view of selling uptime to customer by providing cranes backed with industry leading parts, service, and support. Crane Sales & Service offers the full line of Manitex-PM articulating and drywall cranes, and sales these high-quality cranes to customers.
Manitex is taking initiatives for future growth by implementing cost reductions and reducing debt levels. Moreover, the company is elevating its competitive position in the market and witnessing market share gains in core businesses.
Shares of Manitex have outperformed the Zacks categorized Machinery General Industrial industry over the past six months. Its shares have gained 26.5%, while the industry logged in a return of around 13.2% over the same period.
Altra Industrial Motion has a positive average earnings surprise of 15.93% for the last four quarters. Applied Industrial Technologies delivered an average positive earnings surprise of 9.78% over the past four quarters. Graco generated an average positive earnings surprise of 13.88% over the trailing four quarters.
3 Stocks to Ride a 588% Revenue Explosion
At Zacks, we're mostly focused on short-term profit cycles, but the hottest of all technology mega-trends is starting to take hold...
By last year, it was already generating $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for those who make the right trades early.See Zacks' Top 3 Stocks to Ride This Space >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Manitex Names Crane Sales & Service as Knuckleboom Dealer
Manitex International, Inc. (MNTX - Free Report) recently announced the appointment of Nebraska-based Crane Sales & Service as a Manitex-PM knuckleboom dealer for Nebraska, North Dakota, South Dakota & Iowa. It will expand the spread of the Midwest distribution for the knuckleboom cranes.
Crane Sales & Service handles a broad range of products and serves the knuckleboom truck market. Its combination with Manitex will provide customers with the industry’s best products, service, and support.
Manitex’s UpTime program is consistent with Crane Sales & Service’s view of selling uptime to customer by providing cranes backed with industry leading parts, service, and support. Crane Sales & Service offers the full line of Manitex-PM articulating and drywall cranes, and sales these high-quality cranes to customers.
Manitex International, Inc. Price
Manitex International, Inc. Price | Manitex International, Inc. Quote
Manitex is taking initiatives for future growth by implementing cost reductions and reducing debt levels. Moreover, the company is elevating its competitive position in the market and witnessing market share gains in core businesses.
Shares of Manitex have outperformed the Zacks categorized Machinery General Industrial industry over the past six months. Its shares have gained 26.5%, while the industry logged in a return of around 13.2% over the same period.
Manitex currently carries a Zacks Rank #3 (Hold).
Better-ranked stocks in the same space include Altra Industrial Motion Corp. , Applied Industrial Technologies, Inc. (AIT - Free Report) and Graco Inc. (GGG - Free Report) . All three stocks boast a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Altra Industrial Motion has a positive average earnings surprise of 15.93% for the last four quarters. Applied Industrial Technologies delivered an average positive earnings surprise of 9.78% over the past four quarters. Graco generated an average positive earnings surprise of 13.88% over the trailing four quarters.
3 Stocks to Ride a 588% Revenue Explosion
At Zacks, we're mostly focused on short-term profit cycles, but the hottest of all technology mega-trends is starting to take hold...
By last year, it was already generating $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for those who make the right trades early. See Zacks' Top 3 Stocks to Ride This Space >>