With 0.55 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.3 million shares. The 52-week range on MTW shows that it touched its highest point at $13.45 and its lowest point at $7.06 during that stretch. It currently has a 1-year price target of $10.65. Beta for the stock currently stands at 1.95.
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 18.59%, but this was up by 24.91% over a month. Three-month performance surged to 3.49% while six-month performance rose 6.22%. The stock lost -20.19% in the past year, while it has gained 10.41% so far this year. A look at the trailing 12-month EPS for MTW yields 1.26 with Next year EPS estimates of 0.79. For the next quarter, that number is 0.21. This implies an EPS growth rate of -1.22% for this year and 95.96% for next year. EPS is expected to grow by 46.27% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 3.63%.
Float and Shares Shorts:
At present, 35.44 million MTW shares are outstanding with a float of 33.61 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.4397 being high and $0.41901 being low. For MTW, this leads to a yearly average estimate of $0.42853.
