Manitowoc (NYSE:MTW) Share Price Passes Above 200-Day Moving Average - What's Next?

Key Points

• Manitowoc's share price crossed above its 200-day moving average of $11.98, trading as high as $13.77 and last at $13.48 while the 50-day MA sits at $13.82.
• Analysts remain broadly bearish with a consensus "Strong Sell" rating and an average price target of $11.00, despite a few firms nudging targets into the low-$13 range.
• Company fundamentals show revenue up 13.6% year-over-year but very thin profitability (net margin 0.32%), a market cap of about $478M, P/E ~71, and FY2026 EPS guidance of $0.45–$0.90.

The Manitowoc Company, Inc. (NYSE:MTW - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $11.98 and traded as high as $13.77. Manitowoc shares last traded at $13.4830, with a volume of 280,111 shares traded.

Analysts Set New Price Targets

MTW has been the topic of a number of research reports. Wells Fargo & Company reissued an "underweight" rating and issued a $10.00 price objective (up from $9.00) on shares of Manitowoc in a research note on Friday, January 23rd. Weiss Ratings downgraded shares of Manitowoc from a "hold (c)" rating to a "sell (d+)" rating in a report on Friday, February 20th. Wall Street Zen lowered shares of Manitowoc from a "strong-buy" rating to a "buy" rating in a research report on Saturday, February 14th. Finally, Barclays raised their price objective on shares of Manitowoc from $10.00 to $13.00 and gave the stock an "underweight" rating in a research note on Wednesday, February 11th. Two analysts have rated the stock with a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Strong Sell" and a consensus price target of $11.00.

Manitowoc Trading Up 1.8%

The company has a debt-to-equity ratio of 0.64, a current ratio of 2.23 and a quick ratio of 0.84. The firm has a market cap of $478.24 million, a price-to-earnings ratio of 70.97 and a beta of 1.83. The business's 50-day moving average price is $13.82 and its two-hundred day moving average price is $11.98.

Manitowoc (NYSE:MTW - Get Free Report) last announced its earnings results on Monday, February 9th. The industrial products company reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by ($0.01). The firm had revenue of $677.10 million for the quarter, compared to analyst estimates of $637.00 million. Manitowoc had a return on equity of 1.71% and a net margin of 0.32%.The firm's revenue was up 13.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.10 EPS. Manitowoc has set its FY 2026 guidance at 0.450-0.900 EPS. Equities analysts expect that The Manitowoc Company, Inc. will post 0.5 earnings per share for the current year.

Hedge Funds Weigh In On Manitowoc

Several large investors have recently added to or reduced their stakes in MTW. Garner Asset Management Corp acquired a new stake in Manitowoc in the 4th quarter worth about $36,000. Quantbot Technologies LP purchased a new position in shares of Manitowoc during the 3rd quarter worth about $47,000. Tower Research Capital LLC TRC lifted its holdings in shares of Manitowoc by 131.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,541 shares of the industrial products company's stock worth $55,000 after acquiring an additional 2,575 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new stake in shares of Manitowoc in the second quarter worth approximately $84,000. Finally, Caxton Associates LLP acquired a new stake in shares of Manitowoc in the first quarter worth approximately $112,000. 78.66% of the stock is currently owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.