GET DAILY SIGNALSManitowoc (MTW) Shares Climb +37% Following Strong Q2 Results
Key Takeaways
- MTW shares rose roughly 37% over the last 30 days, climbing from $14.37 to $19.68, driven primarily by a stronger-than-expected second-quarter 2026 earnings report.
- Adjusted EPS of $0.46 significantly exceeded the $0.11 consensus estimate, while net sales rose 10% year over year to $595 million.
- Orders surged 56% to $709 million, pushing backlog above $1 billion for the first time and prompting management to raise full-year guidance.
- Adjusted EBITDA nearly doubled to $49 million, supported by stronger crane demand, margin repair, and a tariff-refund benefit.
- The advance extends a broader multi-month uptrend, with the stock up roughly 70% over the trailing quarter.
Manitowoc Company Overview
The Manitowoc Company designs, manufactures, and supports engineered lifting solutions, including mobile telescopic cranes, crawler cranes, tower cranes, and boom trucks sold under brands such as Manitowoc, Grove, Potain, National Crane, and Shuttlelift. The company distributes through an extensive dealer network and serves customers across the Americas, Europe, the Middle East, Africa, and Asia-Pacific in construction, energy, infrastructure, and mining end markets.
Investors follow MTW closely because of its leverage to global construction and industrial capital spending cycles, as well as its expanding aftermarket and service business. Under its CRANES+50 strategy, Manitowoc is growing recurring, higher-margin revenue by adding service locations, aftermarket sales staff, field technicians, lifting accessories, and technology-enabled support. This shift toward services, combined with a recently repaired balance sheet, underpins the company's competitive position in the crane industry. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
MTW Stock Price Performance: Last 30 Days vs. Quarter
Over the last 30 days, MTW shares advanced from a closing price of $14.37 on July 24 to $19.68 on August 21, a gain of approximately 36.9%. The move was heavily concentrated around the second-quarter earnings release on August 6, when shares jumped from a prior close of $14.21 to $18.81, a single-session gain of more than 32%.
The longer-term trend is even stronger. Over the trailing quarter, shares climbed from roughly $11.57 in late May to $19.68, an increase of about 70%. The stock rallied through much of June, consolidated in July, then surged to multi-year highs following the earnings beat. This sustained upward trajectory reflects improving fundamentals rather than an isolated short-term spike.
What Drove MTW Stock Price in the Last 30 Days
The dominant catalyst was Manitowoc's second-quarter 2026 results, reported on August 6. The company posted adjusted earnings of $0.46 per share, far above the $0.11 analyst consensus, on net sales of $595 million, up 10% year over year. Adjusted EBITDA nearly doubled to $49 million, with adjusted EBITDA margin expanding 330 basis points to more than 8%.
Order activity was a key driver of the rally. Orders totaled $709 million, up 56% from a year earlier, producing a book-to-bill ratio of 1.2. Backlog reached $1.05 billion, up $321 million year over year, giving the company greater revenue visibility. Management raised full-year 2026 guidance for net sales, adjusted EBITDA, adjusted EPS, and free cash flow.
Additional supportive factors included a $12 million operating-income benefit from IEEPA tariff refunds, a favorable U.S. anti-dumping ruling applying import tariffs of 12% to 20% on Japanese crawler cranes, and continued momentum in the aftermarket business. These combined drivers fueled a sharp re-rating of the stock.
What Drove MTW Stock Performance Over the Last Quarter
Over the trailing quarter, MTW's advance was shaped by a broader improvement in the company's operational and financial profile. Strong end-market demand, particularly in North America, supported elevated crane utilization and lean dealer inventories, prompting dealers to replenish stock. Trailing 12-month non-new machine sales reached a record $706 million, underscoring the growth of the higher-margin aftermarket segment.
Balance-sheet progress also contributed to the multi-month rally. Net leverage declined to approximately 2.6 times, below the company's 3.0 times target and down from 4.0 times a year earlier, while total liquidity stood at $304 million. These improvements, along with margin repair and constructive industry conditions, gave investors greater confidence in the company's earnings trajectory and supported sustained upward momentum in the share price.
MTW Stock Forecast Drivers: What Investors Should Watch Next
Looking ahead, investors are likely to monitor several factors. The company has indicated that about $750 million of its backlog is expected to ship during 2026, so backlog conversion and order momentum will be closely watched. Management also noted that the third quarter is typically lighter due to European holiday seasonality, while an additional $4 million of tariff-related benefit is expected in the third quarter.
Other key considerations include the launch of the new eight-axle all-terrain crane, continued expansion of the aftermarket and service business, and the company's growing use of artificial intelligence across operations. Macroeconomic and geopolitical risks, including inflation pressures in Europe, ongoing conflicts in the Middle East and Ukraine, and potential shifts in trade and tariff policy, remain important variables. Finally, capital-allocation decisions, including potential share repurchases or acquisitions now that leverage is below target, may influence investor sentiment. From what I see, this is important because it points to several catalysts that could sustain momentum if execution remains on track.
Exploring Tickeron AI Tools for My Research
In my own analysis workflow, I frequently review Tickeron’s Trending AI Robots page to identify automated strategies that align with current market conditions. This resource highlights top-performing AI-powered trading bots across various timeframes and approaches, helping me evaluate options that complement my discretionary research on names like MTW without replacing fundamental analysis.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
Contributor
Harry Richardson — Algorithmic Trader & Strategy Developer Harry is an algorithmic trader specializing in impulse and breakout trading strategies across cryptocurrency and equity markets. With more than 10 years of experience in developing automated trading systems, he focuses on building structured algorithms designed to capture momentum while maintaining strict risk control. His approach combines quantitative analysis, real-market execution, and continuous performance monitoring. Vitalii prioritizes risk management, drawdown control, and strategy stability over short-term optimization, ensuring algorithms are adaptable to changing market conditions. He has developed and tested hundreds of automated strategies, working extensively with live trading environments, forward testing, and portfolio-level algorithm management. His work centers on transforming trading ideas into fully operational, scalable automated systems.
Aroon Indicator for MTW shows an upward move is likely
MTW's Aroon Indicator triggered a bullish signal on October 15, 2026. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 198 similar instances where the Aroon Indicator showed a similar pattern. In 162 of the 198 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at 82%.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a +3.34% 3-day Advance, the price is estimated to grow further. Considering data from situations where MTW advanced for three days, in 198 of 280 cases, the price rose further within the following month. The odds of a continued upward trend are 71%.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 39 of 58 cases where MTW's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 67%.
The Momentum Indicator moved below the 0 level on November 05, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on MTW as a result. In 76 of 93 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 82%.
The Moving Average Convergence Divergence Histogram (MACD) for MTW turned negative on November 05, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In 37 of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at 84%.
MTW moved below its 50-day moving average on November 05, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MTW declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 77%.
MTW broke above its upper Bollinger Band on October 28, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is 2 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 35 (best 1 - 100 worst), indicating steady price growth. MTW’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 59 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.115) is normal, around the industry mean (2.264). P/E Ratio (38.018) is within average values for comparable stocks, (2.735). Projected Growth (PEG Ratio) (0.350) is also within normal values, averaging (1.745). MTW's Dividend Yield (0.059) is considerably higher than the industry average of (0.017). P/S Ratio (0.331) is also within normal values, averaging (1.169).
The Tickeron SMR rating for this company is 87 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 96 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. MTW’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
a manufacturer of crawler cranes, tower cranes and mobile cranes
Industry TrucksConstructionFarmMachinery
Advertisement