News headlines about Tower International (NYSE:TOWR) have trended somewhat positive on Tuesday, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tower International earned a news impact score of 0.06 on Accern’s scale. Accern also gave headlines about the auto parts company an impact score of 45.6407259513096 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Tower International (TOWR) opened at $30.55 on Tuesday. Tower International has a 52 week low of $21.00 and a 52 week high of $33.65. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.01 and a current ratio of 1.18. The company has a market capitalization of $627.14, a price-to-earnings ratio of 9.31, a price-to-earnings-growth ratio of 0.83 and a beta of 2.70.

Tower International (NYSE:TOWR) last posted its quarterly earnings data on Monday, October 30th. The auto parts company reported $0.85 EPS for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.08. Tower International had a return on equity of 30.51% and a net margin of 3.58%. The firm had revenue of $462.00 million for the quarter, compared to analyst estimates of $451.73 million. During the same quarter last year, the company earned $0.90 EPS. The company’s revenue was up 1.1% on a year-over-year basis. equities analysts forecast that Tower International will post 3.7 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 8th. Shareholders of record on Friday, November 10th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date of this dividend was Thursday, November 9th. This is a positive change from Tower International’s previous quarterly dividend of $0.11. Tower International’s dividend payout ratio (DPR) is 14.63%.

A number of equities analysts have recently weighed in on the company. Zacks Investment Research lowered Tower International from a “buy” rating to a “hold” rating in a research note on Saturday. ValuEngine lowered Tower International from a “strong-buy” rating to a “buy” rating in a research note on Thursday, December 7th. B. Riley restated a “buy” rating on shares of Tower International in a research note on Wednesday, November 1st. BidaskClub lowered Tower International from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Finally, FBR & Co restated a “buy” rating and set a $40.00 price objective on shares of Tower International in a research note on Tuesday, October 31st. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $35.00.

In other Tower International news, SVP William Cook sold 6,601 shares of the firm’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $31.87, for a total transaction of $210,373.87. Following the transaction, the senior vice president now owns 11,917 shares in the company, valued at approximately $379,794.79. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 6.20% of the stock is owned by company insiders.

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About Tower International

Tower International, Inc is a global manufacturer of engineered automotive structural metal components and assemblies primarily serving original equipment manufacturers (OEMs). The Company’s product portfolio includes body-structure stampings, frame and other chassis structures, and welded assemblies for small and large cars, crossovers, pickups and sport utility vehicles (SUVs).

Insider Buying and Selling by Quarter for Tower International (NYSE:TOWR)

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