Manitex International, Inc. (MNTX)
NASDAQ: MNTX · IEX Real-Time Price · USD
4.740
-0.030 (-0.63%)
At close: Jul 19, 2024, 4:30 PM
4.750
+0.010 (0.21%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Manitex International Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for MNTX stock have an average target of 9.00, with a low estimate of 8.00 and a high estimate of 10. The average target predicts an increase of 89.87% from the current stock price of 4.74.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 18, 2023.
Analyst Ratings
The average analyst rating for MNTX stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Roth MKM | Roth MKM | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +68.78% | Sep 18, 2023 |
Roth MKM | Roth MKM | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +68.78% | Aug 14, 2023 |
Northland Capital Markets | Northland Capital Markets | Buy Initiates $10 | Buy | Initiates | $10 | +110.97% | Aug 14, 2023 |
Roth Capital | Roth Capital | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Nov 19, 2020 |
Roth Capital | Roth Capital | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Feb 8, 2018 |
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 | 381.1M | 399.7M |
Avg | 311.7M | 349.4M | 349.5M | 370.2M | 388.3M |
Low | 299.5M | 335.7M | 335.8M | 355.7M | 373.1M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 10.1% | 15.4% | 3.0% | 9.0% | 8.0% |
Avg | 7.0% | 12.1% | 0.0% | 5.9% | 4.9% |
Low | 2.8% | 7.7% | -3.9% | 1.8% | 0.8% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 0.42 | 0.72 | 0.90 | 0.93 | 1.06 |
Avg | 0.41 | 0.70 | 0.88 | 0.91 | 1.03 |
Low | 0.39 | 0.68 | 0.84 | 0.87 | 0.99 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 16.7% | 77.6% | 28.3% | 6.5% | 16.8% |
Avg | 13.3% | 72.5% | 24.6% | 3.5% | 13.5% |
Low | 8.9% | 65.7% | 19.7% | -0.6% | 9.0% |
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.