Sidoti Increases Earnings Estimates for Titan International

Titan International, Inc. (NYSE:TWI) – Equities researchers at Sidoti raised their Q2 2027 EPS estimates for Titan International in a research note issued on Friday, June 5th. Sidoti analyst S. Ferazani now forecasts that the industrial products company will post earnings of $0.14 per share for the quarter, up from their prior 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.

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

A number of other equities analysts have also commented on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Titan International in a report on Wednesday, April 22nd. DA Davidson set a $13.00 price target on shares of Titan International in a report on Tuesday, March 3rd. Finally, Wall Street Zen upgraded shares of Titan International from a “sell” rating to a “hold” rating in a report on Sunday, May 10th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $13.00.

Titan International Price Performance

Shares of NYSE:TWI opened at $7.39 on Tuesday. The firm has a market cap of $475.37 million, a PE ratio of -5.39 and a beta of 1.45. The firm’s fifty day moving average is $7.68 and its 200-day moving average is $8.38. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.22 and a current ratio of 2.19. Titan International has a 52 week low of $6.43 and a 52 week high of $11.70.

Hedge Funds Weigh In On Titan International

Hedge funds and other institutional investors have recently bought and sold shares of the company. Quarry LP acquired a new position in Titan International in the third quarter valued at $27,000. Federated Hermes Inc. acquired a new position in Titan International in the third quarter valued at $31,000. Russell Investments Group Ltd. lifted its holdings in Titan International by 22,000.0% in the third quarter. Russell Investments Group Ltd. now owns 4,199 shares of the industrial products company’s stock valued at $32,000 after buying an additional 4,180 shares during the period. State of Wyoming lifted its holdings in Titan International by 45.2% in the first quarter. State of Wyoming now owns 4,758 shares of the industrial products company’s stock valued at $33,000 after buying an additional 1,482 shares during the period. Finally, Quantbot Technologies LP acquired a new position in Titan International in the second quarter valued at $46,000. Institutional investors and hedge funds own 80.39% of the company’s stock.

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.