Manitex International, Inc. (MNTX)
NASDAQ: MNTX · IEX Real-Time Price · USD
5.82
-0.40 (-6.51%)
Apr 18, 2024, 3:48 PM EDT - Market open
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 54.77% from the current stock price of 5.82.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 | +37.58% | Sep 18, 2023 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +37.58% | Aug 14, 2023 |
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $10 | Buy | Initiates | $10 | +71.97% | 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 | 379.7M | 398.0M |
| Avg | 311.7M | 349.4M | 349.5M | 368.8M | 386.6M |
| Low | 299.5M | 335.7M | 335.8M | 354.4M | 371.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.1% | 15.4% | 3.0% | 8.6% | 7.9% |
| Avg | 7.0% | 12.1% | 0.0% | 5.5% | 4.8% |
| Low | 2.8% | 7.7% | -3.9% | 1.4% | 0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.42 | 0.72 | 0.90 | 1.08 | 1.24 |
| Avg | 0.41 | 0.70 | 0.88 | 1.05 | 1.20 |
| Low | 0.39 | 0.68 | 0.84 | 1.01 | 1.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.7% | 77.6% | 28.3% | 23.3% | 17.9% |
| Avg | 13.3% | 72.5% | 24.6% | 19.8% | 14.6% |
| Low | 8.9% | 65.7% | 19.7% | 15.1% | 10.1% |
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.