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 27.25% upside from MTW’s last price of $10.02) 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 27.25% upside from MTW's last price of $10.02.
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% | 44.71% |
| Feb 02, 2023 | - | Wells Fargo | $11.00 | $14.38 | -23.53% | 9.78% |
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 44.71% increase from MTW last price ($10.02).
Manitowoc Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $14.50 |
| Last Closing Price | $10.02 | $10.02 | $10.02 |
| Upside/Downside | -100.00% | -100.00% | 44.71% |
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 $10.02. 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 | Jun 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 | $497.20M | $459.00M | $497.80M | $404.50M | $463.60M | $354.30M | $430.30M | $355.60M | $328.30M | $329.20M | $463.40M | $448.00M |
| Avg Forecast | $651.23M | $560.43M | $580.82M | $507.70M | $625.80M | $539.87M | $567.26M | $487.18M | $598.52M | $516.49M | $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 | $658.95M | $567.07M | $587.71M | $513.72M | $633.21M | $546.27M | $573.98M | $490.00M | $598.79M | $516.88M | $598.00M | $496.93M | $613.23M | $520.50M | $533.39M | $483.01M | $571.23M | $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 |
| Low Forecast | $644.77M | $554.87M | $575.06M | $502.67M | $619.59M | $534.51M | $561.63M | $484.35M | $598.25M | $516.09M | $598.00M | $496.93M | $575.46M | $459.25M | $521.91M | $472.62M | $558.94M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 4 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.09% | 1.14% | 1.06% | 1.10% | 0.92% | 0.90% | 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 $496.93M, and a high forecast of $496.93M. 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 | Jun 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 | 3 | 3 | 1 | 4 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $9.80M | $18.00M | $34.40M | $43.70M | $56.50M | $25.40M | $32.60M | $34.00M | $18.70M | $17.80M | $39.00M | $18.20M | $28.10M | $27.00M | $4.60M | $11.90M | $28.80M | $38.40M |
| Avg Forecast | $33.04M | $28.43M | $29.46M | $25.75M | $31.74M | $27.39M | $28.78M | $24.71M | $30.36M | $26.20M | $30.33M | $51.27M | $29.62M | $24.21M | $26.74M | $46.61M | $133.75M | $32.90M | $36.90M | $42.38M | $34.41M | $30.43M | $25.26M | $65.88M | $29.04M | $20.83M | $18.65M | $23.40M | $32.87M | $30.38M |
| High Forecast | $33.43M | $28.77M | $29.81M | $26.06M | $32.12M | $27.71M | $29.12M | $24.86M | $30.38M | $26.22M | $30.33M | $61.53M | $31.11M | $26.40M | $27.06M | $55.94M | $160.50M | $32.90M | $36.90M | $50.85M | $34.41M | $30.43M | $25.26M | $79.06M | $29.04M | $20.83M | $18.65M | $28.08M | $32.87M | $30.38M |
| Low Forecast | $32.71M | $28.15M | $29.17M | $25.50M | $31.43M | $27.11M | $28.49M | $24.57M | $30.35M | $26.18M | $30.33M | $41.02M | $29.19M | $23.30M | $26.48M | $37.29M | $107.00M | $32.90M | $36.90M | $33.90M | $34.41M | $30.43M | $25.26M | $52.70M | $29.04M | $20.83M | $18.65M | $18.72M | $32.87M | $30.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.33% | 0.74% | 1.29% | 0.94% | 0.42% | 0.77% | 0.88% | 0.80% | 0.54% | 0.58% | 1.54% | 0.28% | 0.97% | 1.30% | 0.25% | 0.51% | 0.88% | 1.26% |
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 | Jun 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 | 3 | 3 | 1 | 4 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-7.90M | $10.40M | $20.20M | $16.50M | $-144.10M | $2.30M | $15.10M | $3.10M | $-3.60M | $-200.00K | $17.90M | $-3.10M | $1.80M | $-400.00K | $-12.70M | $-7.80M | $9.30M | $18.10M |
| Avg Forecast | $16.63M | $11.08M | $11.13M | $6.07M | $12.09M | $5.58M | $8.04M | $2.45M | $4.56M | $2.22M | $17.06M | $4.69M | $8.15M | $2.08M | $11.00M | $4.26M | $-24.95M | $3.26M | $9.92M | $3.88M | $958.82K | $3.82M | $3.35M | $-11.16M | $3.20M | $-10.47M | $-20.68M | $-17.55M | $10.38M | $12.17M |
| High Forecast | $16.88M | $11.25M | $11.30M | $6.17M | $12.28M | $5.66M | $8.17M | $2.86M | $4.86M | $2.27M | $17.07M | $5.63M | $11.58M | $6.95M | $11.16M | $5.12M | $-19.96M | $3.26M | $9.92M | $4.65M | $958.82K | $3.82M | $3.35M | $-8.93M | $3.20M | $-10.47M | $-20.68M | $-14.04M | $10.38M | $12.17M |
| Low Forecast | $16.41M | $10.94M | $10.98M | $6.00M | $11.93M | $5.50M | $7.94M | $2.04M | $4.25M | $2.17M | $17.06M | $3.75M | $6.01M | $-1.74M | $10.85M | $3.41M | $-29.94M | $3.26M | $9.92M | $3.10M | $958.82K | $3.82M | $3.35M | $-13.39M | $3.20M | $-10.47M | $-20.68M | $-21.06M | $10.38M | $12.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.97% | 4.99% | 1.84% | 3.87% | 5.78% | 0.71% | 1.52% | 0.80% | -3.75% | -0.05% | 5.34% | 0.28% | 0.56% | 0.04% | 0.61% | 0.44% | 0.90% | 1.49% |
Manitowoc Company's average Quarter net income forecast for Dec 23 is $8.15M, with a range of $6.01M to $11.58M. MTW's average Quarter net income forecast represents a -21.63% 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 | Jun 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 | 3 | 3 | 1 | 4 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $88.20M | $77.40M | $87.60M | $75.10M | $79.40M | $65.80M | $69.30M | $66.50M | $77.50M | $59.70M | $63.60M | $57.70M | $53.70M | $49.50M | $49.70M | $55.90M | $60.90M | $54.80M |
| Avg Forecast | $89.57M | $77.08M | $79.89M | $69.83M | $86.07M | $74.25M | $78.02M | $67.01M | $82.32M | $71.04M | $82.25M | $100.58M | $80.31M | $65.63M | $72.50M | $91.44M | $537.08M | $67.90M | $76.15M | $83.13M | $71.02M | $62.80M | $52.13M | $207.72M | $59.93M | $42.99M | $38.48M | $125.77M | $67.85M | $62.69M |
| High Forecast | $90.63M | $78.00M | $80.83M | $70.66M | $87.09M | $75.13M | $78.95M | $67.39M | $82.36M | $71.09M | $82.25M | $120.70M | $84.35M | $71.59M | $73.36M | $109.72M | $644.49M | $67.90M | $76.15M | $99.75M | $71.02M | $62.80M | $52.13M | $249.26M | $59.93M | $42.99M | $38.48M | $150.93M | $67.85M | $62.69M |
| Low Forecast | $88.68M | $76.32M | $79.09M | $69.14M | $85.22M | $73.52M | $77.25M | $66.62M | $82.28M | $70.98M | $82.25M | $80.47M | $79.15M | $63.17M | $71.78M | $73.15M | $429.66M | $67.90M | $76.15M | $66.50M | $71.02M | $62.80M | $52.13M | $166.18M | $59.93M | $42.99M | $38.48M | $100.62M | $67.85M | $62.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.18% | 1.21% | 0.82% | 0.15% | 0.97% | 0.91% | 0.80% | 1.09% | 0.95% | 1.22% | 0.28% | 0.90% | 1.15% | 1.29% | 0.44% | 0.90% | 0.87% |
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 | Jun 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 | 3 | 3 | 1 | 4 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.23 | $0.30 | $0.58 | $0.47 | $-4.10 | $0.07 | $0.43 | $0.09 | $-0.10 | $-0.01 | $0.51 | $-0.09 | $0.05 | $-0.01 | $-0.37 | $-0.22 | $0.26 | $0.51 |
| Avg Forecast | $0.47 | $0.32 | $0.32 | $0.17 | $0.34 | $0.16 | $0.23 | $0.07 | $0.13 | $0.06 | $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 | $0.48 | $0.32 | $0.32 | $0.18 | $0.35 | $0.16 | $0.23 | $0.08 | $0.14 | $0.06 | $0.49 | $0.18 | $0.33 | $0.20 | $0.32 | $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 |
| Low Forecast | $0.47 | $0.31 | $0.31 | $0.17 | $0.34 | $0.16 | $0.23 | $0.06 | $0.12 | $0.06 | $0.49 | $0.18 | $0.17 | $-0.05 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.99% | 5.05% | 1.85% | 2.77% | -16.48% | 0.77% | 1.55% | 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 |
|---|---|---|---|---|---|
| HY | Hyster-Yale Materials Handling | $54.22 | $90.00 | 65.99% | Buy |
| CMCO | Columbus McKinnon | $36.01 | $49.00 | 36.07% | - |
| MTW | Manitowoc Company | $10.02 | $12.75 | 27.25% | Buy |
| WNC | Wabash National | $18.44 | $23.25 | 26.08% | Hold |
| ALG | Alamo Group | $191.74 | $215.00 | 12.13% | Buy |
| LNN | Lindsay | $128.05 | $138.50 | 8.16% | Buy |
| TEX | Terex | $52.14 | $54.40 | 4.33% | Hold |
| OSK | Oshkosh | $107.96 | $111.40 | 3.19% | Buy |
| ASTE | Astec Industries | $35.99 | $36.00 | 0.03% | Hold |
| PCAR | PACCAR | $109.99 | $94.67 | -13.93% | Buy |
| REVG | REV Group | $29.21 | $19.60 | -32.90% | Buy |