Zacks Small Cap Issues Negative Estimate for TWI Earnings

Titan International, Inc. (NYSE:TWI - Free Report) - Equities researchers at Zacks Small Cap reduced their Q4 2024 earnings per share (EPS) estimates for Titan International in a note issued to investors on Monday, January 13th. Zacks Small Cap analyst T. Kerr now forecasts that the industrial products company will post earnings of ($0.14) per share for the quarter, down from their previous estimate of ($0.13). The consensus estimate for Titan International's current full-year earnings is $0.06 per share. Zacks Small Cap also issued estimates for Titan International's Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.02 EPS, Q4 2025 earnings at ($0.06) EPS, FY2025 earnings at $0.14 EPS and FY2026 earnings at $0.43 EPS.

Several other equities analysts also recently commented on the company. StockNews.com upgraded Titan International from a "sell" rating to a "hold" rating in a research report on Tuesday. DA Davidson initiated coverage on Titan International in a research note on Friday, December 13th. They issued a "buy" rating and a $11.00 price target for the company.

Titan International Price Performance

Shares of NYSE TWI traded up $0.17 during midday trading on Wednesday, reaching $6.99. The stock had a trading volume of 659,730 shares, compared to its average volume of 694,237. The company has a market capitalization of $441.34 million, a price-to-earnings ratio of -58.25 and a beta of 1.82. Titan International has a 12-month low of $6.34 and a 12-month high of $15.33. The stock has a 50-day moving average of $7.18 and a 200-day moving average of $7.52. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.33 and a current ratio of 2.38.

Institutional Investors Weigh In On Titan International

Several large investors have recently made changes to their positions in TWI. FMR LLC increased its stake in Titan International by 43.7% in the 3rd quarter. FMR LLC now owns 5,343 shares of the industrial products company's stock worth $43,000 after acquiring an additional 1,625 shares during the last quarter. GAMMA Investing LLC raised its stake in Titan International by 136.2% during the fourth quarter. GAMMA Investing LLC now owns 5,431 shares of the industrial products company's stock valued at $37,000 after purchasing an additional 3,132 shares in the last quarter. Koss Olinger Consulting LLC lifted its position in Titan International by 9.7% during the third quarter. Koss Olinger Consulting LLC now owns 48,681 shares of the industrial products company's stock valued at $396,000 after purchasing an additional 4,309 shares during the last quarter. Quarry LP purchased a new position in shares of Titan International in the 3rd quarter worth $41,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Titan International by 1.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 506,551 shares of the industrial products company's stock worth $4,118,000 after buying an additional 6,112 shares during the last quarter. 80.39% of the stock is owned by institutional investors.

Titan International Company Profile

Titan International, Inc, together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in the United States and internationally. The company operates in Agricultural, Earthmoving/Construction, and Consumer segments. It offers wheels, tires, and undercarriage systems and components for various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment.