DA Davidson Cuts Earnings Estimates for Titan International

Key Points

• DA Davidson has lowered its FY2026 earnings estimate for Titan International (NYSE:TWI) from $0.57 to $0.56 per share, while maintaining a "Buy" rating with a target price of $12.00.
• Titan International reported a quarterly loss of ($0.02) per share, missing expectations and generating revenue of $460.83 million, below the consensus estimate of $483.84 million.
• Recent insider selling involved significant transactions, with CAO Anthony Eheli selling 25,000 shares and Director Richard M. Cashin, Jr. selling 212,398 shares, indicating a 35.57% and 54.62% decrease in their respective positions.

Titan International, Inc. (NYSE:TWI - Free Report) - Investment analysts at DA Davidson decreased their FY2026 earnings estimates for shares of Titan International in a report issued on Monday, August 4th. DA Davidson analyst M. Shlisky now forecasts that the industrial products company will earn $0.56 per share for the year, down from their prior estimate of $0.57. DA Davidson has a "Buy" rating and a $12.00 price objective on the stock. The consensus estimate for Titan International's current full-year earnings is $0.03 per share.

Several other equities analysts also recently commented on TWI. Wall Street Zen upgraded shares of Titan International from a "sell" rating to a "hold" rating in a report on Thursday, May 8th. Noble Financial started coverage on shares of Titan International in a report on Wednesday, June 4th. They issued an "outperform" rating and a $11.00 price target on the stock.

Titan International Stock Down 4.7%

Shares of NYSE:TWI traded down $0.41 during midday trading on Tuesday, hitting $8.21. The stock had a trading volume of 509,310 shares, compared to its average volume of 683,418. Titan International has a 12 month low of $5.93 and a 12 month high of $10.94. The company has a quick ratio of 1.27, a current ratio of 2.35 and a debt-to-equity ratio of 0.98. The company has a market cap of $524.30 million, a P/E ratio of -26.47 and a beta of 2.05. The business's 50-day simple moving average is $9.26 and its 200-day simple moving average is $8.36.

Titan International (NYSE:TWI - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The industrial products company reported ($0.02) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.01). The company had revenue of $460.83 million for the quarter, compared to analyst estimates of $483.84 million. Titan International had a negative return on equity of 1.62% and a negative net margin of 1.24%.

Insider Buying and Selling at Titan International

In other news, CAO Anthony Eheli sold 25,000 shares of the business's stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $9.24, for a total value of $231,000.00. Following the completion of the sale, the chief accounting officer owned 45,276 shares of the company's stock, valued at approximately $418,350.24. The trade was a 35.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Richard M. Cashin, Jr. sold 212,398 shares of the company's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $10.34, for a total transaction of $2,196,195.32. Following the completion of the transaction, the director owned 176,461 shares in the company, valued at $1,824,606.74. This trade represents a 54.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 301,348 shares of company stock worth $3,086,520 in the last quarter. Company insiders own 25.00% of the company's stock.

Institutional Investors Weigh In On Titan International

A number of large investors have recently added to or reduced their stakes in TWI. BNP Paribas Financial Markets lifted its position in shares of Titan International by 90.6% during the 4th quarter. BNP Paribas Financial Markets now owns 67,380 shares of the industrial products company's stock valued at $458,000 after acquiring an additional 32,023 shares during the period. ExodusPoint Capital Management LP acquired a new position in Titan International in the fourth quarter valued at about $236,000. Mariner LLC raised its stake in Titan International by 24.2% in the fourth quarter. Mariner LLC now owns 29,020 shares of the industrial products company's stock valued at $197,000 after purchasing an additional 5,655 shares in the last quarter. Jump Financial LLC bought a new stake in Titan International during the fourth quarter worth about $116,000. Finally, MetLife Investment Management LLC grew its stake in Titan International by 14.1% during the fourth quarter. MetLife Investment Management LLC now owns 26,763 shares of the industrial products company's stock worth $182,000 after buying an additional 3,310 shares in the last quarter. Institutional investors and hedge funds own 80.39% of the company's stock.

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.