Zacks Small Cap Has Pessimistic View of TWI FY2025 Earnings

Key Points

• Zacks Small Cap has lowered its FY2025 earnings per share estimate for Titan International to ($0.11), significantly down from a prior estimate of ($0.01), with a consensus of $0.03 per share for the current year.
• The company's recent Q2 earnings reported a loss of ($0.02) per share, missing analysts' expectations, alongside a revenue of $460.83 million which also fell short of the consensus estimate of $483.84 million.
• Insider selling has been notable, with the CAO and a director selling significant portions of their stock, indicating potential concerns about the company's future performance.

Titan International, Inc. (NYSE:TWI - Free Report) - Investment analysts at Zacks Small Cap decreased their FY2025 earnings per share (EPS) estimates for shares of Titan International in a report issued on Monday, August 4th. Zacks Small Cap analyst T. Kerr now expects that the industrial products company will post earnings per share of ($0.11) for the year, down from their previous forecast of ($0.01). The consensus estimate for Titan International's current full-year earnings is $0.03 per share. Zacks Small Cap also issued estimates for Titan International's Q4 2025 earnings at ($0.02) EPS.

Several other analysts have also issued reports on the company. DA Davidson increased their target price on Titan International from $10.00 to $12.00 and gave the stock a "buy" rating in a report on Tuesday, July 22nd. Wall Street Zen raised Titan International from a "sell" rating to a "hold" rating in a report on Thursday, May 8th. Finally, Noble Financial initiated coverage on Titan International in a report on Wednesday, June 4th. They set an "outperform" rating and a $11.00 target price on the stock.

Titan International Stock Performance

TWI stock traded up $0.10 during trading hours on Thursday, hitting $8.30. 163,588 shares of the stock were exchanged, compared to its average volume of 679,923. The company has a current ratio of 2.35, a quick ratio of 1.27 and a debt-to-equity ratio of 0.98. The firm has a market capitalization of $530.05 million, a P/E ratio of -26.76 and a beta of 2.05. The company has a 50-day simple moving average of $9.28 and a two-hundred day simple moving average of $8.37. Titan International has a 12 month low of $5.93 and a 12 month high of $10.94.

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

Hedge Funds Weigh In On Titan International

Several large investors have recently bought and sold shares of TWI. KLP Kapitalforvaltning AS bought a new position in Titan International in the fourth quarter valued at about $54,000. Geode Capital Management LLC raised its position in shares of Titan International by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 1,138,329 shares of the industrial products company's stock worth $7,732,000 after acquiring an additional 5,940 shares during the last quarter. Trexquant Investment LP acquired a new position in shares of Titan International in the fourth quarter worth approximately $639,000. ExodusPoint Capital Management LP bought a new stake in Titan International in the fourth quarter valued at approximately $236,000. Finally, Wells Fargo & Company MN boosted its holdings in Titan International by 29.7% in the fourth quarter. Wells Fargo & Company MN now owns 30,042 shares of the industrial products company's stock valued at $204,000 after acquiring an additional 6,878 shares during the last quarter. 80.39% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CAO Anthony Eheli sold 25,000 shares of the firm's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $9.24, for a total value of $231,000.00. Following the sale, the chief accounting officer directly owned 45,276 shares of the company's stock, valued at $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 SEC, which is available through this link. Also, Director Richard M. Cashin, Jr. sold 212,398 shares of the firm's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $10.34, for a total value of $2,196,195.32. Following the completion of the sale, the director directly 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 sold 301,348 shares of company stock worth $3,086,520 over the last ninety days. 32.50% of the stock is currently owned by insiders.

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.