Extremely important negative changes in fundamentals have recently occurred for The Manitowoc Co Inc (NYSE: MTW): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
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 (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 82 but a very low Power Rating of 3, with the Low Neutral Value Trend Rating the result.
Recent Price Action
The Manitowoc Co Inc (NYSE: MTW) stock declined by -3.3% on 9/3/24. The shares closed at $9.76. However, trading volume in this decline was below average at 74% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -3.7% during the last week.
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