Q1 EPS Forecast for Titan International Reduced by Analyst

Titan International, Inc. (NYSE:TWI - Free Report) - Equities researchers at DA Davidson cut their Q1 2025 earnings per share estimates for Titan International in a research note issued to investors on Tuesday, April 22nd. DA Davidson analyst M. Shlisky now anticipates that the industrial products company will post earnings per share of $0.05 for the quarter, down from their previous estimate of $0.06. The consensus estimate for Titan International's current full-year earnings is $0.03 per share.

A number of other equities analysts also recently commented on TWI. Cantor Fitzgerald initiated coverage on shares of Titan International in a research note on Thursday, March 20th. They issued an "overweight" rating and a $11.00 price objective for the company. StockNews.com downgraded Titan International from a "hold" rating to a "sell" rating in a report on Tuesday, April 22nd.

Titan International Stock Down 1.8 %

Titan International stock traded down $0.14 during midday trading on Wednesday, hitting $7.32. 153,496 shares of the company's stock were exchanged, compared to its average volume of 727,072. Titan International has a 12 month low of $5.93 and a 12 month high of $11.72. 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 market cap of $462.29 million, a PE ratio of -61.00 and a beta of 1.64. The firm has a 50-day moving average of $7.91 and a two-hundred day moving average of $7.63.

Institutional Trading of Titan International

A number of hedge funds and other institutional investors have recently made changes to their positions in TWI. Total Clarity Wealth Management Inc. purchased a new stake in shares of Titan International in the fourth quarter valued at approximately $193,000. Barclays PLC raised its holdings in shares of Titan International by 207.1% in the 3rd quarter. Barclays PLC now owns 107,669 shares of the industrial products company's stock valued at $877,000 after buying an additional 72,612 shares during the period. GAMMA Investing LLC raised its stake in shares of Titan International by 136.2% in the fourth quarter. GAMMA Investing LLC now owns 5,431 shares of the industrial products company's stock valued at $37,000 after acquiring an additional 3,132 shares in the last quarter. FMR LLC increased its position in shares of Titan International by 43.7% in the 3rd quarter. FMR LLC now owns 5,343 shares of the industrial products company's stock valued at $43,000 after purchasing an additional 1,625 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new position in Titan International in the fourth quarter valued at approximately $126,000. Institutional investors and hedge funds own 80.39% of the company's stock.

About Titan International

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.