DA Davidson Has Negative Estimate for TWI FY2025 Earnings

Titan International, Inc. (NYSE:TWI) – Research analysts at DA Davidson cut their FY2025 earnings estimates for Titan International in a note issued to investors on Tuesday, April 22nd. DA Davidson analyst M. Shlisky now forecasts that the industrial products company will post earnings of $0.32 per share for the year, down from their prior estimate of $0.35. The consensus estimate for Titan International’s current full-year earnings is $0.03 per share.

A number of other equities research analysts also recently weighed in on TWI. Cantor Fitzgerald started coverage on Titan International in a research report on Thursday, March 20th. They set an “overweight” rating and a $11.00 target price for the company. StockNews.com cut Titan International from a “hold” rating to a “sell” rating in a report on Tuesday.

Titan International Stock Down 2.1 %

NYSE:TWI opened at $7.42 on Thursday. The company has a market cap of $468.93 million, a price-to-earnings ratio of -61.83 and a beta of 1.64. 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 stock’s fifty day moving average price is $7.91 and its two-hundred day moving average price is $7.62. Titan International has a 52-week low of $5.93 and a 52-week high of $11.72.

Institutional Trading of Titan International

Several institutional investors and hedge funds have recently made changes to their positions in the business. Total Clarity Wealth Management Inc. acquired a new stake in shares of Titan International during the fourth quarter worth $193,000. Barclays PLC grew its position in shares of Titan International by 207.1% during the 3rd quarter. Barclays PLC now owns 107,669 shares of the industrial products company’s stock worth $877,000 after buying an additional 72,612 shares during the period. GAMMA Investing LLC grew its position in shares of Titan International by 136.2% during the 4th quarter. GAMMA Investing LLC now owns 5,431 shares of the industrial products company’s stock worth $37,000 after buying an additional 3,132 shares during the period. FMR LLC increased its stake 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 acquiring an additional 1,625 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Titan International in the 4th quarter valued at approximately $126,000. Institutional investors 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.