Manitex International, Inc. (MNTX)
NASDAQ: MNTX · Real-Time Price · USD
5.73
+0.02 (0.35%)
Nov 15, 2024, 4:00 PM EST - Market closed
Manitex International Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for MNTX stock has a target of 5.80, which predicts an increase of 1.22% from the current stock price of 5.73.
Analyst Consensus: Hold
* Price targets were last updated on Sep 13, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for MNTX is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $8 → $5.8 | Buy → Hold | Downgrades | $8 → $5.8 | +1.22% | Sep 13, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Reiterates $10 → $8 | Buy | Reiterates | $10 → $8 | +39.62% | Aug 8, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +39.62% | Sep 18, 2023 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +39.62% | Aug 14, 2023 |
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $10 | Buy | Initiates | $10 | +74.52% | Aug 14, 2023 |
Financial Forecast
Revenue This Year
311.71M
from 291.39M
Increased by 6.97%
Revenue Next Year
349.35M
from 311.71M
Increased by 12.08%
EPS This Year
0.41
from 0.36
Increased by 13.33%
EPS Next Year
0.70
from 0.41
Increased by 72.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 320.9M | 359.6M | 359.8M | ||
| Avg | 311.7M | 349.4M | 349.5M | ||
| Low | 299.5M | 335.7M | 335.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.1% | 15.4% | 3.0% | ||
| Avg | 7.0% | 12.1% | 0.0% | ||
| Low | 2.8% | 7.7% | -3.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.42 | 0.72 | 0.90 | ||
| Avg | 0.41 | 0.70 | 0.88 | ||
| Low | 0.39 | 0.68 | 0.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.7% | 77.6% | 28.3% | ||
| Avg | 13.3% | 72.5% | 24.6% | ||
| Low | 8.9% | 65.7% | 19.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.