Titan America (NYSE:TTAM - Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01), Zacks reports. The business had revenue of $389.82 million during the quarter, compared to analysts' expectations of $393.17 million.
Titan America Stock Down 1.1 %
NYSE:TTAM traded down $0.15 during trading hours on Friday, reaching $13.16. 518,296 shares of the company were exchanged, compared to its average volume of 504,920. Titan America has a 52-week low of $12.61 and a 52-week high of $17.78.
Wall Street Analysts Forecast Growth
TTAM has been the subject of a number of research analyst reports. Sanford C. Bernstein assumed coverage on shares of Titan America in a report on Tuesday, March 4th. They issued a "market perform" rating and a $17.00 price target for the company. Hsbc Global Res upgraded Titan America to a "strong-buy" rating in a research report on Wednesday, March 12th. BNP Paribas raised Titan America to a "hold" rating in a research note on Tuesday, March 4th. The Goldman Sachs Group lowered their price objective on shares of Titan America from $19.00 to $16.50 and set a "neutral" rating on the stock in a research note on Friday. Finally, Citigroup initiated coverage on shares of Titan America in a report on Tuesday, March 4th. They issued a "buy" rating and a $19.00 price target on the stock. Four analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $17.43.
View Our Latest Stock Report on Titan America
Titan America Company Profile
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Titan America is a leading vertically integrated, multi-regional manufacturer and supplier of heavy building materials and services operating primarily on the Eastern Seaboard of the United States (the “Eastern Seaboard”). We are a leading provider of materials that contribute to lower carbon emissions than traditional building materials and/or beneficial reuse of waste materials.
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