Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $5.79 on Manitowoc Company, Inc. (The) (NYSE:MTW) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.11 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Manitowoc Company, Inc. (The) (NYSE:MTW) stands at N/A. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Manitowoc Company, Inc. (The) C, the PEG ratio for coming 3-5 years is -3.08. Technical Analysis The technical analysis highlights that Manitowoc Company, Inc. (The) C current price is trading $-0.09 points away -1.68% from $5.64, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $8.91 and, for now, the stock price is trading $-3.36 or -37.71% away from that point. The 52-week high of Manitowoc Company, Inc. (The) (NYSE:MTW) was $19.30 while lowest point recorded in 52-week was $4.00. It implies if stock price makes a movement of over $-13.75, it will record a new 52-week high. In the case of $+38.75% points drop, it will touch a new 52-week low.
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