Tower International (TOWR) to Release Quarterly Earnings on Monday

Tower International (NYSE:TOWR) will be announcing its earnings results before the market opens on Monday, February 12th. Analysts expect the company to announce earnings of $1.15 per share for the quarter.

Shares of Tower International (TOWR) opened at $29.65 on Monday. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 1.32. The stock has a market cap of $608.66, a PE ratio of 9.04, a price-to-earnings-growth ratio of 0.73 and a beta of 2.48. Tower International has a twelve month low of $21.00 and a twelve month high of $33.65.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Friday, February 9th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date is Thursday, February 8th. Tower International’s dividend payout ratio is currently 14.63%.

A number of analysts have issued reports on TOWR shares. Zacks Investment Research raised shares of Tower International from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a report on Thursday, December 21st. ValuEngine raised shares of Tower International from a “buy” rating to a “strong-buy” rating in a report on Wednesday, October 18th. BidaskClub downgraded shares of Tower International from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. FBR & Co reissued a “buy” rating and issued a $40.00 price objective on shares of Tower International in a report on Tuesday, October 31st. Finally, B. Riley reissued a “buy” rating on shares of Tower International in a report on Wednesday, November 1st. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $35.00.

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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).

Earnings History for Tower International (NYSE:TOWR)

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