Manitex International Stock Target Price and Analyst Consensus

MNTX Stock  USD 5.59  0.16  2.95%   
The current analyst and expert consensus on Manitex International is Strong Buy, with only one strong buy opinion. The current projected Manitex International target price consensus is 9.00 with 2 analyst opinions. The most common way Manitex International analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Manitex International executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Manitex International. We encourage you to use your own analysis of Manitex International to validate this buy or sell advice. Manitex International buy-or-sell recommendation module provides average expert sentiment on the projected Manitex International target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Manitex International to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Manitex Stock please use our How to Invest in Manitex International guide.
Lowest Forecast
8.19
Highest Forecast
9.99
Target Price
9
At this time, Manitex International's Pretax Profit Margin is fairly stable compared to the past year. Operating Profit Margin is likely to rise to 0.06 in 2024, whereas Gross Profit is likely to drop slightly above 33.1 M in 2024. At this time, Manitex International's Other Current Liabilities is fairly stable compared to the past year. Other Stockholder Equity is likely to rise to about 9.9 M in 2024, whereas Total Assets are likely to drop slightly above 173.9 M in 2024.
  
It's important to approach Manitex International's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Manitex International price targets

Manitex International's stock target price is an estimate of its future price, usually made by analysts. Using Manitex International's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Manitex International's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Manitex International's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Manitex International Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Manitex International is a key component of Manitex International valuation and have some predictive power on the future returns of a Manitex International.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Manitex International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
1.745.539.32
Details
Intrinsic
Valuation
LowRealHigh
3.447.2311.02
Details
Naive
Forecast
LowNextHigh
2.175.969.74
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.060.060.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Manitex International. Your research has to be compared to or analyzed against Manitex International's peers to derive any actionable benefits. When done correctly, Manitex International's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Manitex International.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
When determining whether Manitex International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Manitex International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Manitex International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Manitex International Stock:
Check out Macroaxis Advice on Manitex International to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Manitex Stock please use our How to Invest in Manitex International guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Manitex International's price analysis, check to measure Manitex International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manitex International is operating at the current time. Most of Manitex International's value examination focuses on studying past and present price action to predict the probability of Manitex International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manitex International's price. Additionally, you may evaluate how the addition of Manitex International to your portfolios can decrease your overall portfolio volatility.
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The data published in Manitex International's official financial statements usually reflect Manitex International's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Manitex International. For example, before you start analyzing numbers published by Manitex accountants, it's critical to develop an understanding of what Manitex International's liquidity, profitability, and earnings quality are in the context of the Machinery space in which it operates.
Please note, the presentation of Manitex International's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Manitex International's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Manitex International's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Manitex International. Please utilize our Beneish M Score to check the likelihood of Manitex International's management manipulating its earnings.