At the time of writing, Manitowoc Co., Inc [MTW] stock is trading at $9.82, up 14.72%. An important factor to consider is whether the stock is rising or falling in short-term value. The MTW shares have gain 20.64% over the last week, with a monthly amount glided 35.64%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Manitowoc Co., Inc [NYSE: MTW] stock has seen the most recent analyst activity on May 01, 2023, when Wells Fargo upgraded its rating to a Equal Weight and also boosted its price target to $17 from $14. Previously, Goldman downgraded its rating to Sell on April 03, 2023, and elevated its price target to $15. On April 08, 2022, downgrade downgraded it’s rating to Neutral but maintained its price target of $16 on the stock. Wells Fargo started tracking the stock assigning a Underweight rating and suggested a price target of $17 on March 11, 2022. Barclays downgraded its rating to a Underweight and reduced its price target to $16 on March 10, 2021. Stifel downgraded its rating to Hold for this stock on August 07, 2020, and downed its price target to $11. In a note dated April 20, 2020, Goldman downgraded an Neutral rating on this stock and revised its target price from $12 to $11.
For the past year, the stock price of Manitowoc Co., Inc fluctuated between $7.06 and $13.45. Currently, Wall Street analysts expect the stock to reach $12.75 within the next 12 months. Manitowoc Co., Inc [NYSE: MTW] shares were valued at $9.82 at the most recent close of the market. An investor can expect a potential return of 29.84% based on the average MTW price forecast.
Analyzing the MTW fundamentals
According to Manitowoc Co., Inc [NYSE:MTW], the company’s sales were 2.15B for trailing twelve months, which represents an -4.89% plunge. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.09 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.68.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.01 points at the first support level, and at 8.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.34, and for the 2nd resistance point, it is at 10.86.
Ratios To Look Out For
It is important to note that Manitowoc Co., Inc [NYSE:MTW] has a current ratio of 1.90. On the other hand, the Quick Ratio is 0.64, and the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 0.16, the price to book ratio is 0.53 and price to earnings (TTM) ratio is 7.79.
Transactions by insiders
Recent insider trading involved Regan Brian P, EVP & Chief Financial Officer, that happened on May 07 ’25 when 2500.0 shares were purchased. President & CEO, Ravenscroft Aaron H. completed a deal on May 07 ’25 to buy 3000.0 shares. Meanwhile, EVP & Chief Financial Officer Regan Brian P bought 1200.0 shares on Nov 01 ’24.
