The Manitowoc Company, Inc. (MTW)

The Manitowoc Company Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for MTW stock have an average target of 12.47, with a low estimate of 9.00 and a high estimate of 16. The average target predicts an increase of 44.50% from the current stock price of 8.63.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$9.00	$12.47	$12	$16
Change	+4.29%	+44.50%	+39.05%	+85.40%

* Price targets were last updated on Nov 1, 2024.

Analyst Ratings

The average analyst rating for MTW stock from 6 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	5	4	4	3	4	4
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	7	6	6	5	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mircea Dobre Baird	Baird	Hold Maintains $13 → $12	Hold	Maintains	$13 → $12	+39.05%	Nov 1, 2024
Tami Zakaria JP Morgan	JP Morgan	Hold Maintains $10 → $12	Hold	Maintains	$10 → $12	+39.05%	Oct 14, 2024
Jerry Revich Goldman Sachs	Goldman Sachs	Strong Sell Maintains $13 → $11	Strong Sell	Maintains	$13 → $11	+30.94%	Aug 9, 2024
Adam Seiden Barclays	Barclays	Sell Maintains $12 → $9	Sell	Maintains	$12 → $9	+4.29%	Aug 9, 2024
Jerry Revich Goldman Sachs	Goldman Sachs	Strong Sell Maintains $15 → $13	Strong Sell	Maintains	$15 → $13	+50.64%	Jul 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.20B

Decreased by -1.25%

from 2.23B

Revenue Next Year

2.23B

Increased by 1.55%

from 2.20B

EPS This Year

0.46

Decreased by -57.87%

from 1.09

EPS Next Year

0.82

Increased by 78.96%

from 0.46

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.83B	1.44B	1.72B	2.03B	2.23B	2.20B	2.23B	2.31B
Revenue Growth	-0.69%	-21.30%	19.18%	18.15%	9.61%	-1.25%	1.55%	3.54%
EPS	1.31	-0.55	0.31	-3.51	1.09	0.46	0.82	1.11
EPS Growth	-	-	-	-	-	-57.87%	78.96%	34.94%
Forward PE	-	-	-	-	-	18.79	10.50	7.78
No. Analysts	-	-	-	-	-	7	7	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027
High	2.3B	2.3B	2.5B
Avg	2.2B	2.2B	2.3B
Low	2.1B	2.1B	2.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	3.2%	6.5%	11.2%
Avg	-1.2%	1.5%	3.5%
Low	-4.3%	-2.5%	-2.0%

EPS Forecast

EPS	2024	2025	2026	2027
High	0.63	1.10	1.63
Avg	0.46	0.82	1.11
Low	0.36	0.44	0.60

EPS Growth

EPS Growth	2024	2025	2026	2027
High	-42.4%	140.1%	98.0%
Avg	-57.9%	79.0%	34.9%
Low	-66.7%	-4.0%	-27.3%

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.