Does Manitowoc Co., Inc (MTW) offer a good opportunity for investors?

With 1.36 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.28 million shares. During the session, the Farm & Heavy Construction Machinery company that operates in wider Industrials sector, reached to the highest price of $11.32 whereas the lowest price it dropped to was $10.93. The 52-week range on MTW shows that it touched its highest point at $17.65 and its lowest point at $8.50 during that stretch. It currently has a 1-year price target of $12.45. MTW paid its most recent dividend on 1448323200, while the ex-dividend date for that was 1448323200. Beta for the stock currently stands at 1.84.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MTW was up-trending over the past week, with a rise of 4.58%, but this was up by 13.59% over a month. Three-month performance surged to 8.52% while six-month performance fell -9.95%. The stock lost -25.36% in the past year, while it has lost -34.39% so far this year. A look at the trailing 12-month EPS for MTW yields -0.25 with Next year EPS estimates of 0.81. For the next quarter, that number is 0.13. This implies an EPS growth rate of -70.02% for this year and 78.29% for next year.

Float and Shares Shorts:

At present, 35.09 million MTW shares are outstanding with a float of 33.76 million shares on hand for trading. On 2024-10-31, short shares totaled 0.75 million, which was 213.99999999999997 higher than short shares on 1727654400. In addition to Mr. Aaron H. Ravenscroft as the firm’s President, CEO & Director, Mr. Brian P. Regan serves as its Executive VP, CFO & Principal Financial Officer.

Institutional Ownership:

Through their ownership of 0.78772 of MTW’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, MTW reported revenue of $524800000.0 and operating income of $8000000.0. The EBITDA in the recently reported quarter was $18400000.0 and diluted EPS was -$0.2.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MTW since 12 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MTW analysts setting a high price target of 20.0 and a low target of 9.0, the average target price over the next 12 months is 12.45. Based on these targets, MTW could surge 82.65% to reach the target high and fall by -17.81% to reach the target low. Reaching the average price target will result in a growth of 13.7% from current levels.

Analysts have provided yearly estimates in a range of $0.46563 being high and $0.44581 being low. For MTW, this leads to a yearly average estimate of $0.45572. The surprise factor in the prior quarter was $0.49. Based on analyst estimates, the high estimate for the next quarter is $0.14 and the low estimate is -$0.06. The average estimate for the next quarter is thus $0.07.