GET DAILY SIGNALSWhy Is The Manitowoc Company (MTW) Stock Down -1.03% Today?
Key Takeaways
- MTW shares slipped 1.03% to $24.11 on Tuesday, pulling back from the prior session's close of $24.36.
- The decline reflects profit-taking after an 8.7% surge on Monday that was fueled by a Wall Street Zen upgrade from Buy to Strong Buy.
- The rally's foundation was a blowout third-quarter earnings report on November 3, including an EPS beat and raised full-year guidance.
- Broader analyst sentiment remains cautious, with an average "Sell" rating and a consensus price target below the current share price.
- Traders are watching whether the stock can hold its post-earnings gains and whether volume returns to confirm the recent breakout.
- For more detail on valuation and targets, explore Price Targets, Earnings, and Forecast pages for MTW.
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Opening Summary
The Manitowoc Company, Inc. (MTW), a leading manufacturer of lifting solutions including tower cranes, mobile hydraulic cranes, and boom trucks, traded lower on Tuesday. The stock slipped about 1.03% to $24.11, down $0.25 from Monday's closing price of $24.36. The decline marks a modest pullback after a powerful 8.7% advance the previous session, as investors locked in gains following a sharp run-up driven by strong earnings and a fresh analyst upgrade.
Profit-Taking After a Sharp Rally
The most immediate driver of Tuesday's move is straightforward: MTW shares have climbed rapidly, and some of that gain is being given back. The stock surged roughly 8.7% on Monday after Wall Street Zen raised its rating on the shares from Buy to Strong Buy, pushing the price to a close of $24.36. Tuesday's modest dip suggests traders are booking profits rather than reacting to any new negative news, a common pattern following abrupt, low-volume breakouts.
Earnings Beat and Raised Guidance Set the Stage
Underpinning the recent strength is a strong third-quarter report. On November 3, MTW posted non-GAAP earnings of $0.31 per share, beating the consensus estimate of $0.20 by $0.11, while revenue of $613.8 million exceeded expectations. Orders rose 37.6% year over year to $676.4 million, and backlog climbed to roughly $1.11 billion. Management also raised its full-year adjusted EPS guidance to a range of $0.90 to $1.25, up from $0.80 to $1.20, citing higher volume, better pricing, and operational execution.
Analyst Upgrade Tempered by Cautious Consensus
The Monday analyst upgrade added fuel to the earnings-driven move, but the broader analyst picture remains mixed. Despite the Strong Buy designation, the average rating on MTW is still a "Sell," with a consensus price target near $17.50 — well below the stock's recent trading levels. Major firms such as Barclays and Wells Fargo have maintained Underweight ratings even while raising their price targets. This divergence between a bullish upgrade and cautious consensus may be contributing to Tuesday's hesitation.
Market Context and Trading Activity
Notably, Monday's sharp rally occurred on unusually light volume, with share turnover well below the stock's average session volume. Thin-volume moves can be less durable, leaving the price more susceptible to profit-taking when broader conviction is absent. The pullback has not yet threatened the stock's post-earnings uptrend; MTW remains well above its 50-day moving average and far above its 200-day average. The industrial and machinery sector has shown selective strength, with crane and lifting-equipment names supported by infrastructure spending and multi-year nuclear construction projects, though individual stock moves have been volatile.
What Comes Next for MTW
Looking ahead, investors will focus on whether MTW can sustain its backlog momentum and deliver on its raised guidance. The company has highlighted roughly 40 nuclear reactor projects across the U.S. and Europe as a multi-year demand catalyst for large cranes, alongside growth in its higher-margin aftermarket and service business through the CRANES+50 strategy. Key risks include the cyclical nature of capital-equipment demand, tariff and inflation headwinds, and a valuation that has expanded considerably after the stock's sharp rebound. The next quarterly earnings report will be a critical test of whether the recent recovery can hold.
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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
The Momentum Indicator moved above the 0 level on November 06, 2026. You may want to consider a long position or call options on MTW as a result. In 65 of 94 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 69%.
The Moving Average Convergence Divergence (MACD) for MTW just turned positive on November 09, 2026. Looking at past instances where MTW's MACD turned positive, the stock continued to rise in 32 of 44 cases over the following month. The odds of a continued upward trend are 73%.
MTW moved above its 50-day moving average on November 06, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +12.41% 3-day Advance, the price is estimated to grow further. Considering data from situations where MTW advanced for three days, in 199 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 46 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 79%.
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 60 (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 (1.153) is normal, around the industry mean (2.277). P/E Ratio (39.316) is within average values for comparable stocks, (3.106). Projected Growth (PEG Ratio) (0.350) is also within normal values, averaging (1.745). MTW's Dividend Yield (0.057) 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 Profit vs. Risk Rating rating for this company is 75 (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 79, placing this stock better than average.
The Tickeron SMR rating for this company is 88 (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.
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General Information
a manufacturer of crawler cranes, tower cranes and mobile cranes
Industry TrucksConstructionFarmMachinery
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