Alert: Negative Investment/Fundamental Signals (8/8/24)-The Manitowoc Co Inc (NYSE: MTW)

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Extremely significant negative changes in The Manitowoc Co Inc (NYSE: MTW) investment behavior have recently occurred: its shorter term price trend turned down, and the stock fell on very heavy volume.

Recent important negative changes in fundamentals have affected The Manitowoc Co Inc (NYSE: MTW): the consensus estimate for December, 2025 decreased significantly, and significant quarterly earnings deceleration occurred.

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.

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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 (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Manitowoc has a good Appreciation Score of 81 but a very low Power Rating of 3, leading to the Low Neutral Value Trend Rating.

Recent Price Action

The Manitowoc Co Inc (NYSE: MTW) stock suffered a large decline of -5.2% on 8/8/24. The stock closed at $10.22. Moreover, this decline was accompanied by exceptionally high trading volume at 261% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -19.1% during the last week.

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