The Manitowoc Company, Inc. (MTW)
NYSE: MTW · Real-Time Price · USD
10.60
+0.58 (5.74%)
Nov 21, 2024, 2:04 PM EST - Market open
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 17.70% from the current stock price of 10.60.
Analyst Consensus: Sell
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 4 | 4 | 3 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Total | 6 | 7 | 6 | 6 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +13.26% | Nov 1, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $10 → $12 | Hold | Maintains | $10 → $12 | +13.26% | Oct 14, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $13 → $11 | Strong Sell | Maintains | $13 → $11 | +6.65% | Aug 9, 2024 |
| Barclays | Barclays | Sell Maintains $12 → $9 | Sell | Maintains | $12 → $9 | -15.05% | Aug 9, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $15 → $13 | Strong Sell | Maintains | $15 → $13 | +22.70% | Jul 11, 2024 |
Financial Forecast
Revenue This Year
2.20B
from 2.23B
Decreased by -1.25%
Revenue Next Year
2.24B
from 2.20B
Increased by 1.95%
EPS This Year
0.44
from 1.09
Decreased by -59.46%
EPS Next Year
0.79
from 0.44
Increased by 78.86%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.3B | 2.3B | 2.5B |
| Avg | 2.2B | 2.2B | 2.3B |
| Low | 2.1B | 2.2B | 2.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.1% | 6.6% | 10.8% |
| Avg | -1.2% | 2.0% | 3.7% |
| Low | -4.3% | -2.3% | -0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.49 | 1.10 | 1.63 |
| Avg | 0.44 | 0.79 | 1.13 |
| Low | 0.36 | 0.44 | 0.60 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -54.7% | 149.5% | 105.9% |
| Avg | -59.5% | 78.9% | 43.1% |
| Low | -66.7% | -0.2% | -24.4% |
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.