DA Davidson Research Analysts Cut Earnings Estimates for TWI

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) - Equities researchers at DA Davidson lowered their FY2026 EPS estimates for shares of Titan International in a report issued on Monday, August 4th. DA Davidson analyst M. Shlisky now expects 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.

Titan International (NYSE:TWI - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The industrial products company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.01). The business had revenue of $460.83 million during 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%.

A number of other analysts have also weighed in on the stock. Noble Financial began coverage on shares of Titan International in a research note on Wednesday, June 4th. They issued an "outperform" rating and a $11.00 price objective on the stock. Wall Street Zen upgraded shares of Titan International from a "sell" rating to a "hold" rating in a research note on Thursday, May 8th.

Titan International Stock Performance

Shares of NYSE:TWI traded down $0.41 during midday trading on Tuesday, reaching $8.21. The company's stock had a trading volume of 509,310 shares, compared to its average volume of 504,475. The firm has a market capitalization of $524.30 million, a PE ratio of -26.47 and a beta of 2.05. Titan International has a twelve month low of $5.93 and a twelve month high of $10.94. The stock has a fifty day moving average of $9.28 and a 200 day moving average of $8.36. The company has a quick ratio of 1.27, a current ratio of 2.35 and a debt-to-equity ratio of 0.98.

Insider Buying and Selling at Titan International

In related news, CAO Anthony Eheli sold 25,000 shares of the firm's stock in a transaction on Friday, June 20th. The shares were sold at an average price of $9.24, for a total transaction of $231,000.00. Following the sale, the chief accounting officer owned 45,276 shares in the company, valued at approximately $418,350.24. This trade represents a 35.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard M. Cashin, Jr. sold 212,398 shares of the firm's stock in a transaction on 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 sale, the director owned 176,461 shares in the company, valued at approximately $1,824,606.74. This represents a 54.62% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 301,348 shares of company stock worth $3,086,520. 25.00% of the stock is owned by company insiders.

Institutional Trading of Titan International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TWI. EVR Research LP acquired a new stake in Titan International during the first quarter valued at $9,229,000. Royce & Associates LP lifted its holdings in Titan International by 1,059.1% during the first quarter. Royce & Associates LP now owns 918,114 shares of the industrial products company's stock valued at $7,703,000 after purchasing an additional 838,902 shares in the last quarter. 1060 Capital LLC purchased a new position in Titan International during the first quarter valued at $4,536,000. Donald Smith & CO. Inc. lifted its holdings in Titan International by 51.6% during the first quarter. Donald Smith & CO. Inc. now owns 759,486 shares of the industrial products company's stock valued at $6,372,000 after purchasing an additional 258,581 shares in the last quarter. Finally, Brandywine Global Investment Management LLC purchased a new position in Titan International during the first quarter valued at $1,930,000. 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.