The Manitowoc Company, Inc. (MTW)
NYSE: MTW · IEX Real-Time Price · USD
13.02
+0.24 (1.88%)
Apr 23, 2024, 4:00 PM EDT - Market closed
The Manitowoc Company Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for MTW stock have an average target of 15.8, with a low estimate of 12 and a high estimate of 20. The average target predicts an increase of 21.35% from the current stock price of 13.02.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for MTW stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 6 | 6 | 5 | 5 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Total | 8 | 8 | 8 | 7 | 7 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell Maintains $15 → $12 | Sell | Maintains | $15 → $12 | -7.83% | Apr 22, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $17 → $15 | Hold | Maintains | $17 → $15 | +15.21% | Apr 16, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $17 → $16 | Hold | Maintains | $17 → $16 | +22.89% | Feb 16, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $19 → $17 | Hold | Maintains | $19 → $17 | +30.57% | Oct 16, 2023 |
| Citigroup | Citigroup | Hold Maintains $17 → $16 | Hold | Maintains | $17 → $16 | +22.89% | Oct 13, 2023 |
Financial Forecast
Revenue This Year
2.32B
from 2.23B
Increased by 4.32%
Revenue Next Year
2.40B
from 2.32B
Increased by 3.18%
EPS This Year
1.29
from 1.09
Increased by 18.56%
EPS Next Year
1.53
from 1.29
Increased by 18.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.5B | 2.6B | 2.6B |
| Avg | 2.3B | 2.4B | 2.5B |
| Low | 2.2B | 2.3B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.0% | 9.9% | 7.3% |
| Avg | 4.3% | 3.2% | 2.7% |
| Low | 0.5% | -2.5% | -0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.47 | 1.94 | 2.16 |
| Avg | 1.29 | 1.53 | 1.73 |
| Low | 1.10 | 1.11 | 1.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 35.0% | 50.3% | 41.2% |
| Avg | 18.6% | 18.2% | 13.0% |
| Low | 0.7% | -14.3% | -21.7% |
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.