The Manitowoc Company, Inc. (MTW)
NYSE: MTW · IEX Real-Time Price · USD
11.43
-0.16 (-1.38%)
At close: Jul 19, 2024, 4:00 PM
11.45
+0.02 (0.17%)
After-hours: Jul 20, 2024, 12:56 PM EDT

The Manitowoc Company Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for MTW stock have an average target of 14.86, with a low estimate of 12 and a high estimate of 20. The average target predicts an increase of 30.01% from the current stock price of 11.43.

Analyst Consensus: Sell
Target Low Average Median High
Price $12 $14.86 $14.5 $20
Change +4.99% +30.01% +26.86% +74.98%

Analyst Ratings

The average analyst rating for MTW stock from 7 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 000000
Buy 000000
Hold 554455
Sell 111111
Strong Sell 110001
Total 775567

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Strong Sell
Maintains
$15$13
Strong Sell Maintains $15$13 +13.74% Jul 11, 2024
JP Morgan
JP Morgan
Hold
Maintains
$14$13
Hold Maintains $14$13 +9.36% Jul 10, 2024
UBS
UBS
Hold
Maintains
$18$15
Hold Maintains $18$15 +26.86% Jun 12, 2024
Barclays
Barclays
Sell
Maintains
$15$12
Sell Maintains $15$12 +4.99% Apr 22, 2024
JP Morgan
JP Morgan
Hold
Maintains
$17$15
Hold Maintains $17$15 +31.23% Apr 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.30B
from 2.23B
Increased by 3.42%
Revenue Next Year
2.36B
from 2.30B
Increased by 2.30%
EPS This Year
1.20
from 1.09
Increased by 9.67%
EPS Next Year
1.36
from 1.20
Increased by 13.82%
Year 20192020202120222023202420252026
Revenue
1.83B1.44B1.72B2.03B2.23B2.30B2.36B2.41B
Revenue Growth
-0.69%-21.30%19.18%18.15%9.61%3.42%2.30%2.04%
EPS
1.31-0.550.31-3.511.091.201.361.53
EPS Growth
-----9.67%13.82%12.51%
Forward PE
-----9.568.407.47
No. Analysts -----884
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 2.4B 2.5B 2.6B
Avg 2.3B 2.4B 2.4B
Low 2.2B 2.2B 2.3B

Revenue Growth

Revenue Growth 202420252026
High
8.4%
8.8%
9.2%
Avg
3.4%
2.3%
2.0%
Low
-0.8%
-4.2%
-4.5%

EPS Forecast

EPS 202420252026
High 1.47 1.83 2.15
Avg 1.20 1.36 1.53
Low 1.04 0.92 1.12

EPS Growth

EPS Growth 202420252026
High
34.6%
53.4%
58.0%
Avg
9.7%
13.8%
12.5%
Low
-4.7%
-22.9%
-17.9%
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.