Manitowoc (NYSE:MTW) Issues FY 2026 Earnings Guidance

Key Points

• FY 2026 guidance: Manitowoc issued EPS guidance of $0.45–$0.90 versus a consensus of $0.77, and revenue guidance of $2.3–$2.4 billion versus a consensus of $2.4 billion.
• Analyst sentiment: The stock has a consensus rating of “Strong Sell” with an average target of $10.50 after multiple downgrades and underweight calls from firms including Weiss, Barclays and Wells Fargo.
• Market reaction & valuation: Shares jumped about 6.4% to $13.67 on the news; the company has a market cap of roughly $491M, a P/E near 72, and institutional investors own about 78.7% of the stock.

Manitowoc (NYSE:MTW - Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.450-0.900 for the period, compared to the consensus EPS estimate of 0.770. The company issued revenue guidance of $2.3 billion-$2.4 billion, compared to the consensus revenue estimate of $2.4 billion.

Analysts Set New Price Targets

A number of research firms recently issued reports on MTW. Weiss Ratings lowered Manitowoc from a "hold (c)" rating to a "sell (d+)" rating in a report on Friday, February 20th. Barclays decreased their target price on Manitowoc from $13.00 to $11.00 and set an "underweight" rating for the company in a report on Wednesday, April 1st. Wells Fargo & Company reiterated an "underweight" rating and issued a $10.00 target price (up from $9.00) on shares of Manitowoc in a report on Friday, January 23rd. Finally, Wall Street Zen lowered Manitowoc from a "strong-buy" rating to a "buy" rating in a report on Saturday, February 14th. Two investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Strong Sell" and an average target price of $10.50.

Manitowoc Stock Up 6.4%

Manitowoc stock traded up $0.82 during midday trading on Tuesday, reaching $13.67. The company's stock had a trading volume of 400,400 shares, compared to its average volume of 254,471. Manitowoc has a fifty-two week low of $7.58 and a fifty-two week high of $15.56. The company has a quick ratio of 0.84, a current ratio of 2.23 and a debt-to-equity ratio of 0.64. The company has a market cap of $490.93 million, a P/E ratio of 71.96 and a beta of 1.81. The business has a 50-day simple moving average of $12.93 and a 200-day simple moving average of $12.58.

Manitowoc (NYSE:MTW - Get Free Report) last posted its quarterly earnings results on Monday, February 9th. The industrial products company reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by ($0.01). Manitowoc had a net margin of 0.32% and a return on equity of 1.71%. The business had revenue of $677.10 million during the quarter, compared to analyst estimates of $637.00 million. During the same quarter in the prior year, the business earned $0.10 earnings per share. The firm's quarterly revenue was up 13.6% on a year-over-year basis. Manitowoc has set its FY 2026 guidance at 0.450-0.900 EPS. On average, research analysts expect that Manitowoc will post 0.68 earnings per share for the current fiscal year.

Institutional Trading of Manitowoc

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Susquehanna Fundamental Investments LLC increased its position in shares of Manitowoc by 135.6% during the fourth quarter. Susquehanna Fundamental Investments LLC now owns 42,904 shares of the industrial products company's stock worth $514,000 after purchasing an additional 24,696 shares in the last quarter. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Manitowoc during the fourth quarter worth about $294,000. Lazard Asset Management LLC acquired a new stake in shares of Manitowoc during the fourth quarter worth about $1,449,000. Trexquant Investment LP increased its position in shares of Manitowoc by 125.3% during the fourth quarter. Trexquant Investment LP now owns 115,921 shares of the industrial products company's stock worth $1,390,000 after purchasing an additional 64,460 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its position in shares of Manitowoc by 6.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 48,179 shares of the industrial products company's stock worth $578,000 after purchasing an additional 2,741 shares in the last quarter. Institutional investors and hedge funds own 78.66% of the company's stock.

About Manitowoc

The Manitowoc Company, Inc NYSE: MTW is a global manufacturer of heavy-lift cranes and lifting equipment. The company's product portfolio includes tower cranes marketed under the Potain brand, mobile hydraulic cranes sold under the Grove, Manitowoc and National Crane names, and engineered lifting solutions such as mast climbers and platform hoists. Manitowoc serves a wide range of industries, including construction, infrastructure, energy and industrial markets.

Headquartered in Milwaukee, Wisconsin, Manitowoc operates manufacturing facilities, sales offices and rental centers across North America, Europe, Asia, Latin America and the Middle East.

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