Manitowoc Company (MTW) Stock Forecast, Price Target & Predictions


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MTW Stock Forecast


Manitowoc Company stock forecast is as follows: an average price target of $12.75 (represents a 47.74% upside from MTW’s last price of $8.63) 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 47.74% upside from MTW's last price of $8.63.

MTW Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 12, 2024Steven FisherUBS$14.50$11.7723.19%68.02%
Feb 02, 2023-Wells Fargo$11.00$14.38-23.53%27.46%
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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 68.02% increase from MTW last price ($8.63).

Manitowoc Company Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$14.50
Last Closing Price$8.63$8.63$8.63
Upside/Downside-100.00%-100.00%68.02%

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 $8.63. 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


DateCompanyPrevious RatingNew RatingRating Change
Jun 12, 2024UBSNeutralNeutralHold
May 01, 2023Guggenheim-BuyInitialise
May 01, 2023ThinkEquity-BuyInitialise
Apr 03, 2023Raymond James-Strong BuyInitialise
Apr 03, 2023RBC Capital-OutperformInitialise
Apr 03, 2023Barclays-OverweightInitialise
Apr 03, 2023Goldman Sachs-BuyInitialise
Apr 03, 2023Morgan Stanley-Equal-WeightInitialise
Apr 03, 2023Piper Sandler-NeutralInitialise
Apr 03, 2023Craig-Hallum-BuyInitialise
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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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$652.81M$562.48M$580.82M$510.23M$627.74M$541.17M$566.34M$487.89M$600.67M$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$661.10M$569.63M$588.20M$516.71M$635.71M$548.04M$573.54M$494.08M$603.47M$516.88M$598.00M$496.93M$613.23M$520.50M$533.84M$483.41M$571.71M$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$647.07M$557.53M$575.71M$505.74M$622.22M$536.40M$561.36M$483.60M$597.88M$516.09M$598.00M$496.93M$575.46M$459.25M$522.50M$473.15M$559.57M$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
# Analysts111111123144596437434744416811711
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111123144596437434744416811711
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$43.51M$37.49M$38.71M$34.00M$41.84M$36.07M$37.74M$32.52M$40.03M$34.42M$39.85M$51.27M$38.91M$31.80M$35.13M$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$44.06M$37.96M$39.20M$34.44M$42.37M$36.52M$38.22M$32.93M$40.22M$34.45M$39.85M$61.53M$40.87M$34.69M$35.58M$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$43.12M$37.16M$38.37M$33.70M$41.47M$35.75M$37.41M$32.23M$39.85M$34.39M$39.85M$41.02M$38.35M$30.61M$34.82M$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 %------------0.25%0.57%0.98%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111123144596437434744416811711
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$17.78M$11.99M$12.20M$7.31M$12.10M$5.15M$7.89M$2.72M$4.82M$2.23M$17.13M$4.69M$8.18M$2.09M$11.04M$4.26M$-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$18.07M$12.19M$12.41M$7.43M$12.30M$5.23M$8.02M$2.77M$4.90M$2.28M$17.13M$5.63M$11.63M$6.97M$11.22M$5.12M$-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$17.57M$11.85M$12.06M$7.22M$11.96M$5.09M$7.80M$2.69M$4.45M$2.18M$17.12M$3.75M$6.03M$-1.74M$10.91M$3.41M$-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%4.97%1.83%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 $8.18M, with a range of $6.03M to $11.63M. MTW's average Quarter net income forecast represents a -21.34% decrease compared to the company's last Quarter net income of $10.40M (Sep 23).

Manitowoc Company SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111123144596437434744416811711
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$89.79M$77.36M$79.89M$70.18M$86.34M$74.43M$77.90M$67.10M$82.62M$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$90.93M$78.35M$80.90M$71.07M$87.44M$75.38M$78.89M$67.96M$83.00M$71.09M$82.25M$120.70M$84.35M$71.59M$73.42M$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$89.00M$76.68M$79.18M$69.56M$85.58M$73.78M$77.21M$66.51M$82.23M$70.98M$82.25M$80.47M$79.15M$63.17M$71.87M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111123144596437434744416811711
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$0.50$0.34$0.35$0.21$0.34$0.15$0.22$0.08$0.14$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$0.51$0.35$0.35$0.21$0.35$0.15$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$0.50$0.34$0.34$0.20$0.34$0.14$0.22$0.08$0.13$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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CMCOColumbus McKinnon$31.42$49.0055.95%-
MTWManitowoc Company$8.63$12.7547.74%Buy
HYHyster-Yale Materials Handling$62.68$90.0043.59%Buy
WNCWabash National$17.77$23.2530.84%Hold
ALGAlamo Group$183.27$215.0017.31%Buy
LNNLindsay$118.92$138.5016.46%Buy
ASTEAstec Industries$32.37$36.0011.21%Hold
OSKOshkosh$102.93$111.408.23%Buy
TEXTerex$51.22$54.406.21%Hold
PCARPACCAR$104.82$92.03-12.20%Hold
REVGREV Group$27.03$19.60-27.49%Buy

MTW Forecast FAQ


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.

Manitowoc Company (MTW) average price target is $12.75 with a range of $11 to $14.5, implying a 47.74% from its last price of $8.63. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for MTW stock, the company can go up by 47.74% (from the last price of $8.63 to the average price target of $12.75), up by 68.02% based on the highest stock price target, and up by 27.46% based on the lowest stock price target.

MTW's highest twelve months analyst stock price target of $14.5 supports the claim that Manitowoc Company can reach $13 in the near future.

Manitowoc Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.22B (high $2.25B, low $2.2B), average EBITDA is $148.16M (high $150.04M, low $146.86M), average net income is $27.86M (high $28.32M, low $27.55M), average SG&A $305.77M (high $309.66M, low $303.08M), and average EPS is $0.79 (high $0.803, low $0.781). MTW's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.31B (high $2.34B, low $2.29B), average EBITDA is $153.71M (high $155.66M, low $152.35M), average net income is $49.28M (high $50.09M, low $48.71M), average SG&A $317.22M (high $321.25M, low $314.43M), and average EPS is $1.4 (high $1.42, low $1.38).

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 $25.57M by 53.30%. 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 $8.18M by -196.57%. 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%