Titan America (NYSE:TTAM) Trading Up 3.6% - Should You Buy?

Shares of Titan America SA (NYSE:TTAM - Get Free Report) were up 3.6% on Tuesday . The stock traded as high as $13.78 and last traded at $13.67. Approximately 172,222 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 490,736 shares. The stock had previously closed at $13.20.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TTAM. Bank of America decreased their price target on Titan America from $16.50 to $15.50 and set a "neutral" rating on the stock in a research report on Thursday. Hsbc Global Res upgraded shares of Titan America to a "strong-buy" rating in a research report on Wednesday, March 12th. The Goldman Sachs Group lowered their price target on shares of Titan America from $19.00 to $16.50 and set a "neutral" rating for the company in a report on Friday. BNP Paribas raised Titan America to a "hold" rating in a research note on Tuesday, March 4th. Finally, Stifel Nicolaus decreased their price target on Titan America from $19.00 to $16.00 and set a "buy" rating on the stock in a report on Friday. Four research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $17.43.

Titan America Stock Down 1.1 %

Titan America (NYSE:TTAM - Get Free Report) last issued its quarterly earnings data on Wednesday, March 26th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($0.01). The company had revenue of $389.82 million for the quarter, compared to analysts' expectations of $393.17 million.

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Titan America Company Profile

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.