Sidoti Reduces Earnings Estimates for Titan International

Titan International, Inc. (NYSE:TWI) – Research analysts at Sidoti cut their Q1 2027 EPS estimates for shares of Titan International in a note issued to investors on Friday, October 30th. Sidoti analyst S. Ferazani now anticipates that the industrial products company will post earnings of $0.08 per share for the quarter, down from their prior forecast of $0.11. The consensus estimate for Titan International’s current full-year earnings is ($0.12) per share. Sidoti also issued estimates for Titan International’s Q2 2027 earnings at $0.14 EPS, Q1 2028 earnings at $0.14 EPS, Q2 2028 earnings at $0.21 EPS, Q3 2028 earnings at $0.07 EPS and FY2028 earnings at $0.37 EPS.

A number of other equities analysts have also commented on TWI. Wall Street Zen lowered Titan International from a “hold” rating to a “sell” rating in a research note on Saturday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Titan International in a research report on Friday, October 16th. Finally, DA Davidson cut their target price on Titan International from $13.00 to $10.00 and set a “buy” rating for the company in a research report on Monday. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $10.00.

Titan International Trading Up 6.8%

Shares of TWI stock opened at $4.96 on Monday. The company has a current ratio of 2.11, a quick ratio of 1.15 and a debt-to-equity ratio of 1.10. The stock has a market cap of $320.45 million, a P/E ratio of -2.71 and a beta of 1.43. The stock has a 50 day simple moving average of $6.94 and a 200 day simple moving average of $7.81. Titan International has a 1 year low of $4.58 and a 1 year high of $11.70.

Titan International (NYSE:TWI) last announced its earnings results on Thursday, October 29th. The industrial products company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.02. Titan International had a negative net margin of 4.11% and a negative return on equity of 1.56%. The company had revenue of $335.18 million for the quarter, compared to analysts’ expectations of $448.82 million.

Hedge Funds Weigh In On Titan International

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Aip LLC acquired a new stake in shares of Titan International during the 2nd quarter worth approximately $68,468,485. Donald Smith & CO. Inc. bought a new position in Titan International in the second quarter valued at approximately $40,936,000. BlackRock Inc. bought a new position in Titan International in the second quarter valued at approximately $35,922,000. Bank of America Corp DE bought a new position in Titan International in the second quarter valued at approximately $4,397,000. Finally, Empowered Funds LLC acquired a new position in Titan International during the second quarter valued at approximately $2,857,000. 80.39% of the stock is currently owned by institutional investors and hedge funds.

Titan International Company Profile

Titan International, Inc (NYSE:TWI) designs, manufactures and sells wheels, tires and undercarriage systems for off-highway vehicles and equipment. Its products are used in agricultural, construction, earthmoving, mining and other industrial applications, with offerings that include specialized tires, wheels, wheel assemblies, tracks and related components.

The company serves original equipment manufacturers and replacement, or aftermarket, customers. Its products are used on tractors, combines, planting and harvesting equipment, loaders, graders, haulage vehicles and other heavy-duty machinery.