Saturday, December 07, 2013 6:16:33 AM
Posted by Joseph Griffin on Dec 6th, 2013 // No Comments
Titan International (NYSE:TWI) had its target price boosted by FBR Capital Markets from $19.00 to $21.00 in a report issued on Thursday, Analyst Ratings.Net reports. They currently have an outperform rating on the stock.
Shares of Titan International (NYSE:TWI) traded down 0.59% during mid-day trading on Thursday, hitting $16.98. The stock had a trading volume of 179,998 shares. Titan International has a 52-week low of $14.14 and a 52-week high of $27.12. The stock’s 50-day moving average is $15.56 and its 200-day moving average is $16.93. The company has a market cap of $909.3 million and a price-to-earnings ratio of 20.07.
Titan International (NYSE:TWI) last posted its quarterly earnings results on Monday, October 28th. The company reported $0.15 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.25 by $0.10. The company had revenue of $497.50 million for the quarter, compared to the consensus estimate of $533.99 million. During the same quarter in the prior year, the company posted $0.49 earnings per share. The company’s quarterly revenue was up 22.9% on a year-over-year basis. Analysts expect that Titan International will post $0.93 EPS for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Oppenheimer cut their price target on shares of Titan International from $21.00 to $19.00 in a research note to investors on Monday, November 4th. They now have an outperform rating on the stock. Separately, analysts at Jefferies Group cut their price target on shares of Titan International from $18.00 to $16.00 in a research note to investors on Wednesday, October 30th. They now have a hold rating on the stock. Finally, analysts at Janney Montgomery Scott cut their price target on shares of Titan International from $14.00 to $12.00 in a research note to investors on Tuesday, October 29th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $16.89.
Titan International, Inc (NYSE:TWI) through its subsidiaries, is engaged in the manufacturing of wheels and tires.
http://tickerreport.com/banking-finance/85611/titan-international-given-new-21-00-price-target-at-fbr-capital-markets-twi/
Recent TWI News
- Titan International, Inc. to Announce First Quarter 2024 Financial Results on May 1 • PR Newswire (US) • 04/10/2024 08:15:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:23:11 PM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 03/07/2024 09:15:13 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/29/2024 01:57:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 12:22:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 11:04:56 AM
- Titan International, Inc. Acquires Carlstar Group LLC • PR Newswire (US) • 02/29/2024 11:00:00 AM
- TITAN INTERNATIONAL, INC. REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 FINANCIAL PERFORMANCE • PR Newswire (US) • 02/29/2024 11:00:00 AM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 02/28/2024 09:41:44 PM
- Titan International, Inc. to Issue Fourth Quarter 2023 Financial Results on February 29, 2024; Earnings Call Remains Unchanged • PR Newswire (US) • 02/28/2024 09:15:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/13/2024 02:48:29 PM
- Titan International, Inc. to Announce Fourth Quarter 2023 Financial Results on February 28 • PR Newswire (US) • 02/01/2024 09:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 09:55:49 PM
- TITAN INTERNATIONAL, INC. TO PARTICIPATE IN NOVEMBER INVESTOR CONFERENCES • PR Newswire (US) • 11/14/2023 09:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/01/2023 08:34:43 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/01/2023 08:26:30 PM
- Titan International, Inc. Reports Third Quarter Financial Performance • PR Newswire (US) • 11/01/2023 08:15:00 PM
- Titan International, Inc. to Announce Third Quarter 2023 Financial Results on November 1 • PR Newswire (US) • 10/10/2023 08:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/18/2023 08:56:45 PM
- TITAN INTERNATIONAL, INC. TO PARTICIPATE IN SEPTEMBER INVESTOR CONFERENCES • PR Newswire (US) • 09/12/2023 08:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2023 08:36:35 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/01/2023 07:43:28 PM
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