Manitowoc Company (MTW) Stock Forecast, Price Target & Predictions
MTW Stock Forecast
Manitowoc Company stock forecast is as follows: an average price target of $12.75 (represents a 26.87% upside from MTW’s last price of $10.05) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.
MTW Price Target
The average price target for Manitowoc Company (MTW) is $12.75 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $14.50 to $11.00. This represents a potential 26.87% upside from MTW's last price of $10.05.
MTW Analyst Ratings
According to 12 Wall Street analysts, Manitowoc Company's rating consensus is 'Buy'. The analyst rating breakdown for MTW stock is 1 'Strong Buy' (8.33%), 6 'Buy' (50.00%), 4 'Hold' (33.33%), 1 'Sell' (8.33%), and 0 'Strong Sell' (0.00%).
Manitowoc Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 12, 2024 | Steven Fisher | UBS | $14.50 | $11.77 | 23.19% | 44.28% |
| Feb 02, 2023 | - | Wells Fargo | $11.00 | $14.38 | -23.53% | 9.45% |
The latest Manitowoc Company stock forecast, released on Jun 12, 2024 by Steven Fisher from UBS, set a price target of $14.50, which represents a 23.19% increase from the stock price at the time of the forecast ($11.77), and a 44.28% increase from MTW last price ($10.05).
Manitowoc Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $14.50 |
| Last Closing Price | $10.05 | $10.05 | $10.05 |
| Upside/Downside | -100.00% | -100.00% | 44.28% |
In the current month, the average price target of Manitowoc Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Manitowoc Company's last price of $10.05. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 12, 2024 | UBS | Neutral | Neutral | Hold |
| May 01, 2023 | Guggenheim | - | Buy | Initialise |
| May 01, 2023 | ThinkEquity | - | Buy | Initialise |
| Apr 03, 2023 | Raymond James | - | Strong Buy | Initialise |
| Apr 03, 2023 | RBC Capital | - | Outperform | Initialise |
| Apr 03, 2023 | Barclays | - | Overweight | Initialise |
| Apr 03, 2023 | Goldman Sachs | - | Buy | Initialise |
| Apr 03, 2023 | Morgan Stanley | - | Equal-Weight | Initialise |
| Apr 03, 2023 | Piper Sandler | - | Neutral | Initialise |
| Apr 03, 2023 | Craig-Hallum | - | Buy | Initialise |
Manitowoc Company's last stock rating was published by UBS on Jun 12, 2024. The company gave MTW a "Neutral" rating, the same as its previous rate.
Manitowoc Company Financial Forecast
Manitowoc Company Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $595.80M | $520.90M | $602.80M | $508.30M | $621.60M | $454.70M | - | $459.00M | $497.80M | $404.50M | $463.60M | $354.30M | $430.30M | $355.60M | $328.30M | $329.20M | $463.40M | $448.00M |
| Avg Forecast | $644.73M | $555.47M | $556.14M | $489.85M | $639.84M | $521.74M | $566.46M | $487.65M | $606.46M | $515.69M | $598.00M | $496.93M | $583.90M | $477.18M | $527.14M | $477.35M | $564.54M | $493.68M | $553.68M | $441.18M | $516.33M | $456.57M | $378.99M | $341.60M | $435.72M | $312.59M | $279.80M | $357.69M | $493.27M | $455.80M |
| High Forecast | $661.00M | $569.49M | $570.18M | $502.22M | $656.00M | $534.91M | $580.76M | $499.97M | $621.77M | $521.55M | $613.10M | $509.47M | $613.23M | $520.50M | $540.45M | $489.40M | $578.79M | $506.14M | $553.68M | $453.50M | $530.74M | $469.31M | $389.57M | $351.14M | $447.88M | $321.32M | $287.60M | $367.67M | $507.04M | $468.52M |
| Low Forecast | $611.36M | $526.72M | $527.36M | $464.50M | $606.73M | $494.73M | $537.14M | $462.42M | $575.07M | $509.83M | $567.05M | $471.21M | $575.46M | $459.25M | $499.86M | $452.65M | $535.32M | $468.12M | $553.68M | $428.21M | $501.15M | $443.14M | $367.85M | $331.56M | $422.91M | $303.40M | $271.57M | $347.17M | $478.77M | $442.39M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.09% | 1.14% | 1.06% | 1.10% | 0.92% | - | 1.04% | 0.96% | 0.89% | 1.22% | 1.04% | 0.99% | 1.14% | 1.17% | 0.92% | 0.94% | 0.98% |
Manitowoc Company's average Quarter revenue forecast for Mar 24 based on 4 analysts is $496.93M, with a low forecast of $471.21M, and a high forecast of $509.47M. MTW's average Quarter revenue forecast represents a -16.60% decrease compared to the company's last Quarter revenue of $595.80M (Dec 23).
Manitowoc Company EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $9.80M | $18.00M | $34.40M | $43.70M | $56.50M | $25.40M | - | $34.00M | $18.70M | $17.80M | $39.00M | $18.20M | $28.10M | $27.00M | $4.60M | $11.90M | $28.80M | $38.40M |
| Avg Forecast | $42.97M | $37.02M | $37.06M | $32.65M | $42.64M | $34.77M | $37.75M | $32.50M | $40.42M | $34.37M | $39.85M | $51.27M | $38.91M | $31.80M | $35.13M | $46.61M | $37.62M | $22.59M | $36.90M | $42.38M | $121.59M | $20.54M | $163.80M | $65.88M | $24.63M | $48.75M | $5.23M | $23.40M | $21.65M | $16.89M |
| High Forecast | $44.05M | $37.95M | $38.00M | $33.47M | $43.72M | $35.65M | $38.70M | $33.32M | $41.44M | $34.76M | $40.86M | $61.53M | $40.87M | $34.69M | $36.02M | $55.94M | $38.57M | $27.11M | $36.90M | $50.85M | $145.91M | $24.65M | $196.56M | $79.06M | $29.56M | $58.50M | $6.28M | $28.08M | $25.98M | $20.27M |
| Low Forecast | $40.74M | $35.10M | $35.15M | $30.96M | $40.44M | $32.97M | $35.80M | $30.82M | $38.33M | $33.98M | $37.79M | $41.02M | $38.35M | $30.61M | $33.31M | $37.29M | $35.68M | $18.07M | $36.90M | $33.90M | $97.27M | $16.43M | $131.04M | $52.70M | $19.71M | $39.00M | $4.19M | $18.72M | $17.32M | $13.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.25% | 0.57% | 0.98% | 0.94% | 1.50% | 1.12% | - | 0.80% | 0.15% | 0.87% | 0.24% | 0.28% | 1.14% | 0.55% | 0.88% | 0.51% | 1.33% | 2.27% |
4 analysts predict MTW's average Quarter EBITDA for Mar 24 to be $51.27M, with a high of $61.53M and a low of $41.02M. This is 423.20% upper than Manitowoc Company's previous annual EBITDA (Dec 23) of $9.80M.
Manitowoc Company Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-7.90M | $10.40M | $20.20M | $16.50M | $-144.10M | $2.30M | - | $3.10M | $-3.60M | $-200.00K | $17.90M | $-3.10M | $1.80M | $-400.00K | $-12.70M | $-7.80M | $9.30M | $18.10M |
| Avg Forecast | $17.46M | $11.44M | $10.45M | $5.17M | $12.39M | $8.03M | $9.70M | $3.47M | $6.74M | $2.37M | $17.36M | $4.69M | $8.29M | $2.12M | $11.19M | $4.26M | $8.89M | $-277.20K | $10.01M | $3.88M | $-22.68M | $-252.00K | $75.18M | $-11.16M | $1.66M | $-844.14K | $-15.11M | $-17.55M | $7.38M | $8.20M |
| High Forecast | $18.04M | $11.82M | $10.79M | $5.34M | $12.80M | $8.29M | $10.02M | $3.59M | $6.96M | $2.80M | $17.93M | $5.63M | $11.79M | $7.07M | $11.56M | $5.12M | $9.18M | $-221.76K | $10.01M | $4.65M | $-18.14M | $-201.60K | $90.22M | $-8.93M | $1.99M | $-675.31K | $-12.09M | $-14.04M | $8.85M | $9.84M |
| Low Forecast | $16.29M | $10.67M | $9.75M | $4.82M | $11.56M | $7.49M | $9.05M | $3.24M | $6.29M | $1.94M | $16.19M | $3.75M | $6.11M | $-1.77M | $10.44M | $3.41M | $8.29M | $-332.64K | $10.01M | $3.10M | $-27.22M | $-302.40K | $60.14M | $-13.39M | $1.33M | $-1.01M | $-18.13M | $-21.06M | $5.90M | $6.56M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.95% | 4.90% | 1.81% | 3.87% | -16.20% | -8.30% | - | 0.80% | 0.16% | 0.79% | 0.24% | 0.28% | 1.08% | 0.47% | 0.84% | 0.44% | 1.26% | 2.21% |
Manitowoc Company's average Quarter net income forecast for Dec 23 is $8.29M, with a range of $6.11M to $11.79M. MTW's average Quarter net income forecast represents a -20.26% decrease compared to the company's last Quarter net income of $10.40M (Sep 23).
Manitowoc Company SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $88.20M | $77.40M | $87.60M | $75.10M | $79.40M | $65.80M | - | $66.50M | $77.50M | $59.70M | $63.60M | $57.70M | $53.70M | $49.50M | $49.70M | $55.90M | $60.90M | $54.80M |
| Avg Forecast | $88.68M | $76.40M | $76.49M | $67.38M | $88.00M | $71.76M | $77.91M | $67.07M | $83.41M | $70.93M | $82.25M | $100.58M | $80.31M | $65.63M | $72.50M | $91.44M | $77.65M | $82.74M | $76.15M | $83.13M | $488.25M | $75.22M | $267.12M | $207.72M | $196.23M | $104.46M | $59.13M | $125.77M | $48.30M | $24.82M |
| High Forecast | $90.92M | $78.33M | $78.42M | $69.08M | $90.23M | $73.57M | $79.88M | $68.77M | $85.52M | $71.74M | $84.33M | $120.70M | $84.35M | $71.59M | $74.33M | $109.72M | $79.61M | $99.29M | $76.15M | $99.75M | $585.90M | $90.27M | $320.54M | $249.26M | $235.47M | $125.35M | $70.95M | $150.93M | $57.96M | $29.79M |
| Low Forecast | $84.09M | $72.45M | $72.53M | $63.89M | $83.45M | $68.05M | $73.88M | $63.60M | $79.10M | $70.12M | $77.99M | $80.47M | $79.15M | $63.17M | $68.75M | $73.15M | $73.63M | $66.20M | $76.15M | $66.50M | $390.60M | $60.18M | $213.70M | $166.18M | $156.98M | $83.57M | $47.30M | $100.62M | $38.64M | $19.86M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.18% | 1.21% | 0.82% | 1.02% | 0.80% | - | 0.80% | 0.16% | 0.79% | 0.24% | 0.28% | 0.27% | 0.47% | 0.84% | 0.44% | 1.26% | 2.21% |
Manitowoc Company's average Quarter SG&A projection for Mar 24 is $100.58M, based on 4 Wall Street analysts, with a range of $80.47M to $120.70M. The forecast indicates a 14.04% rise compared to MTW last annual SG&A of $88.20M (Dec 23).
Manitowoc Company EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.23 | $0.30 | $0.58 | $0.47 | $-4.10 | $0.07 | - | $0.09 | $-0.10 | $-0.01 | $0.51 | $-0.09 | $0.05 | $-0.01 | $-0.37 | $-0.22 | $0.26 | $0.51 |
| Avg Forecast | $0.49 | $0.32 | $0.29 | $0.14 | $0.35 | $0.22 | $0.27 | $0.10 | $0.19 | $0.07 | $0.49 | $0.18 | $0.23 | $0.06 | $0.31 | $0.17 | $0.25 | $0.09 | $0.28 | $0.04 | $0.03 | $0.11 | $0.09 | - | $0.09 | $-0.29 | $-0.58 | $-0.08 | $0.29 | $0.34 |
| High Forecast | $0.50 | $0.33 | $0.30 | $0.15 | $0.36 | $0.23 | $0.28 | $0.10 | $0.19 | $0.08 | $0.50 | $0.18 | $0.33 | $0.20 | $0.32 | $0.18 | $0.26 | $0.09 | $0.28 | $0.04 | $0.03 | $0.11 | $0.10 | - | $0.09 | $-0.28 | $-0.56 | $-0.07 | $0.30 | $0.35 |
| Low Forecast | $0.46 | $0.30 | $0.27 | $0.13 | $0.32 | $0.21 | $0.25 | $0.09 | $0.18 | $0.05 | $0.45 | $0.16 | $0.17 | $-0.05 | $0.29 | $0.16 | $0.23 | $0.09 | $0.28 | $0.03 | $0.03 | $0.10 | $0.09 | - | $0.09 | $-0.30 | $-0.60 | $-0.08 | $0.28 | $0.33 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.99% | 5.05% | 1.85% | 2.77% | -16.48% | 0.77% | - | 2.49% | -3.73% | -0.09% | 5.44% | -1650.00% | 0.56% | 0.04% | 0.64% | 2.92% | 0.90% | 1.50% |
According to 5 Wall Street analysts, Manitowoc Company's projected average Quarter EPS for Dec 23 is $0.23, with a low estimate of $0.17 and a high estimate of $0.33. This represents a -22.65% decrease compared to MTW previous annual EPS of $0.30 (Sep 23).
Manitowoc Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CMCO | Columbus McKinnon | $31.76 | $49.00 | 54.28% | - |
| HY | Hyster-Yale Materials Handling | $60.88 | $90.00 | 47.83% | Buy |
| MTW | Manitowoc Company | $10.04 | $12.75 | 26.99% | Buy |
| ALG | Alamo Group | $178.90 | $215.00 | 20.18% | Buy |
| WNC | Wabash National | $19.68 | $23.25 | 18.14% | Hold |
| ASTE | Astec Industries | $32.00 | $36.00 | 12.50% | Hold |
| LNN | Lindsay | $123.36 | $138.50 | 12.27% | Buy |
| OSK | Oshkosh | $104.09 | $111.40 | 7.02% | Buy |
| TEX | Terex | $55.49 | $54.90 | -1.06% | Hold |
| PCAR | PACCAR | $97.99 | $85.32 | -12.93% | Buy |
| REVG | REV Group | $28.57 | $19.60 | -31.40% | Buy |
MTW Forecast FAQ
Is Manitowoc Company a good buy?
Yes, according to 12 Wall Street analysts, Manitowoc Company (MTW) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 6 'Buy' recommendations, accounting for 58.33% of MTW's total ratings.
What is MTW's price target?
Manitowoc Company (MTW) average price target is $12.75 with a range of $11 to $14.5, implying a 26.87% from its last price of $10.05. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Manitowoc Company stock go up soon?
According to Wall Street analysts' prediction for MTW stock, the company can go up by 26.87% (from the last price of $10.05 to the average price target of $12.75), up by 44.28% based on the highest stock price target, and up by 9.45% based on the lowest stock price target.
Can Manitowoc Company stock reach $20?
MTW's average twelve months analyst stock price target of $12.75 does not support the claim that Manitowoc Company can reach $20 in the near future.
What are Manitowoc Company's analysts' financial forecasts?
Manitowoc Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.22B (high $2.27B, low $2.1B), average EBITDA is $147.66M (high $151.39M, low $140.02M), average net income is $33.59M (high $34.69M, low $31.33M), average SG&A $304.75M (high $312.44M, low $288.98M), and average EPS is $0.94 (high $0.971, low $0.877). MTW's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.25B (high $2.3B, low $2.13B), average EBITDA is $149.7M (high $153.48M, low $141.95M), average net income is $44.52M (high $45.98M, low $41.53M), average SG&A $308.94M (high $316.74M, low $292.95M), and average EPS is $1.25 (high $1.29, low $1.16).
Did the MTW's actual financial results beat the analysts' financial forecasts?
Based on Manitowoc Company's last annual report (Dec 2023), the company's revenue was $2.23B, beating the average analysts forecast of $2.07B by 7.85%. Apple's EBITDA was $92.4M, missing the average prediction of $152.46M by -39.39%. The company's net income was $39.2M, beating the average estimation of $25.87M by 51.55%. Apple's SG&A was $328.3M, beating the average forecast of $309.88M by 5.94%. Lastly, the company's EPS was $1.12, beating the average prediction of $0.774 by 44.68%. In terms of the last quarterly report (Dec 2023), Manitowoc Company's revenue was $595.8M, beating the average analysts' forecast of $583.9M by 2.04%. The company's EBITDA was $9.8M, missing the average prediction of $38.91M by -74.82%. Manitowoc Company's net income was $-7.9M, missing the average estimation of $8.29M by -195.26%. The company's SG&A was $88.2M, beating the average forecast of $80.31M by 9.82%. Lastly, the company's EPS was $-0.23, missing the average prediction of $0.232 by -199.11%