Titan International, Inc. (NYSE:TWI – Free Report) – Equities researchers at Zacks Small Cap dropped their Q4 2024 earnings estimates for shares of Titan International in a note issued to investors on Monday, January 13th. Zacks Small Cap analyst T. Kerr now anticipates that the industrial products company will post earnings per share of ($0.14) for the quarter, down from their previous estimate of ($0.13). The consensus estimate for Titan International’s current full-year earnings is $0.06 per share. Zacks Small Cap also issued estimates for Titan International’s Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.02 EPS, Q4 2025 earnings at ($0.06) EPS, FY2025 earnings at $0.14 EPS and FY2026 earnings at $0.43 EPS.
Several other research firms have also recently commented on TWI. StockNews.com upgraded shares of Titan International from a “sell” rating to a “hold” rating in a research note on Tuesday. DA Davidson initiated coverage on shares of Titan International in a report on Friday, December 13th. They set a “buy” rating and a $11.00 target price for the company.
Titan International Stock Up 2.5 %
TWI stock opened at $6.99 on Wednesday. Titan International has a one year low of $6.34 and a one year high of $15.33. The stock has a market capitalization of $441.34 million, a PE ratio of -58.25 and a beta of 1.82. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.33 and a current ratio of 2.38. The company has a fifty day moving average of $7.18 and a 200-day moving average of $7.52.
Institutional Investors Weigh In On Titan International
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Pacer Advisors Inc. grew its holdings in shares of Titan International by 35.6% during the second quarter. Pacer Advisors Inc. now owns 4,479,660 shares of the industrial products company’s stock worth $33,194,000 after buying an additional 1,175,857 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of Titan International by 31.9% during the third quarter. Victory Capital Management Inc. now owns 1,609,208 shares of the industrial products company’s stock worth $13,083,000 after buying an additional 388,864 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Titan International by 1.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 506,551 shares of the industrial products company’s stock worth $4,118,000 after buying an additional 6,112 shares in the last quarter. Donald Smith & CO. Inc. purchased a new stake in shares of Titan International during the third quarter worth about $3,234,000. Finally, Empowered Funds LLC grew its holdings in shares of Titan International by 5.4% during the third quarter. Empowered Funds LLC now owns 297,142 shares of the industrial products company’s stock worth $2,416,000 after buying an additional 15,142 shares in the last quarter. 80.39% of the stock is currently owned by hedge funds and other institutional investors.
Titan International Company Profile
Titan International, Inc, together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in the United States and internationally. The company operates in Agricultural, Earthmoving/Construction, and Consumer segments. It offers wheels, tires, and undercarriage systems and components for various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment.
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