The price of MTW is predicted to go up -5.6%, based on the high correlation periods with MBWM. The similarity of these two price pattern on the periods is 96.25%.
MTW
MBWM
Down: -5.6%Similarity: 96.25%
MTW Revenue Forecast
MTW EPS Forecast
MTW FAQs
What is bull’s view on MTW?
MTW stock is currently trading at $9.99, reflecting a year-to-date decline of over 41%. Despite slightly exceeding revenue expectations in Q3 2024, the company reported a significant earnings miss with an adjusted EPS of -$0.08, far below the consensus estimate of $0.10. This underperformance, coupled with weak industry outlooks, suggests limited near-term upside potential.
What is bear's view on MTW?
MTW stock is bearish due to weak fundamentals and poor earnings performance. The company reported a Q3 loss of $0.08 per share, missing estimates, and has underperformed the market with a 41.3% decline in 2024. Current price at $9.99 faces resistance near $10.19, with downside risk toward $9.33 support.
What is MTW revenue forecast for next quarter?
The market consensus for MTW's revenue in the upcoming quarter is projected to be approximately $487.178M USD.
What is MTW eps forecast for next quarter?
The market consensus for MTW's eps in the upcoming quarter is projected to be approximately $0.052 USD.
JPMorgan raised the firm's price target on Manitowoc to $12 from $10 and keeps a Neutral rating on the shares as part of a Q3 earnings preview. The firm says the election "bump" creates uncertainty in the second half of 2024 while Europe continues to struggle.