Sidoti Increases Earnings Estimates for Titan International

Titan International, Inc. (NYSE:TWI) – Equities research analysts at Sidoti lifted their Q2 2027 earnings estimates for Titan International in a report issued on Friday, June 5th. Sidoti analyst S. Ferazani now anticipates that the industrial products company will post earnings of $0.14 per share for the quarter, up from their previous estimate of $0.12. The consensus estimate for Titan International’s current full-year earnings is ($0.09) per share. Sidoti also issued estimates for Titan International’s Q4 2027 earnings at ($0.01) EPS.

Several other research firms also recently weighed in on TWI. Wall Street Zen raised shares of Titan International from a “sell” rating to a “hold” rating in a research note on Sunday, May 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Titan International in a research note on Wednesday, April 22nd. Finally, DA Davidson set a $13.00 price target on shares of Titan International in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $13.00.

Titan International Trading Up 1.3%

TWI opened at $7.39 on Tuesday. Titan International has a 1-year low of $6.43 and a 1-year high of $11.70. The company has a current ratio of 2.19, a quick ratio of 1.22 and a debt-to-equity ratio of 1.15. The company has a market cap of $475.37 million, a P/E ratio of -5.39 and a beta of 1.45. The company has a fifty day moving average price of $7.68 and a two-hundred day moving average price of $8.38.

Titan International (NYSE:TWI) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported ($0.38) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.39). Titan International had a negative net margin of 4.72% and a negative return on equity of 3.00%. The company had revenue of $505.07 million during the quarter, compared to the consensus estimate of $497.23 million.

Institutional Investors Weigh In On Titan International

Several hedge funds and other institutional investors have recently made changes to their positions in TWI. Donald Smith & CO. Inc. increased its position in shares of Titan International by 59.1% during the fourth quarter. Donald Smith & CO. Inc. now owns 3,491,649 shares of the industrial products company’s stock worth $27,340,000 after acquiring an additional 1,297,542 shares in the last quarter. Invesco Ltd. increased its position in shares of Titan International by 85.1% during the fourth quarter. Invesco Ltd. now owns 1,579,219 shares of the industrial products company’s stock worth $12,365,000 after acquiring an additional 725,926 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Titan International by 10.5% during the first quarter. Renaissance Technologies LLC now owns 2,477,119 shares of the industrial products company’s stock worth $17,117,000 after acquiring an additional 235,632 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Titan International by 20.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,198,692 shares of the industrial products company’s stock worth $9,386,000 after acquiring an additional 207,425 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Titan International by 6.3% during the first quarter. Dimensional Fund Advisors LP now owns 3,426,873 shares of the industrial products company’s stock worth $23,678,000 after acquiring an additional 204,589 shares in the last quarter. 80.39% of the stock is owned by institutional investors.

About Titan International

Titan International, Inc is a leading global manufacturer of wheels, tires and undercarriage systems designed for off-highway vehicles. The company serves a diverse range of markets including agricultural, construction, earthmoving and consumer segments. Titan’s product portfolio encompasses a variety of tire sizes and tread designs, steel and cast centers, wheels, tracks and complete wheel‐and‐tire assemblies tailored to meet the needs of tractors, combines, skid steers, loaders, haul trucks and other specialized equipment.

In addition to original equipment manufacturing, Titan provides extensive aftermarket support through its network of distributors and sales offices.