The Manitowoc Co Inc (NYSE: MTW) suffers from notable negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Notable negative changes in The Manitowoc Co Inc (NYSE: MTW) investment behavior have recently occurred: the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
MTW is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Manitowoc has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Manitowoc has a good Appreciation Score of 83 but a poor Power Rating of 20, and the Neutral Value Trend Rating results.
Recent Price Action
On 6/21/24, The Manitowoc Co Inc (NYSE: MTW) stock declined modestly by -1.5%, closing at $10.65. Moreover, exceptionally high trading volume at 257% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -9.2% during the last week.
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