Desjardins Weighs in on Titanium Transportation Group Inc’s FY2020 Earnings (CVE:TTR)

Titanium Transportation Group Inc (CVE:TTR) – Desjardins decreased their FY2020 EPS estimates for shares of Titanium Transportation Group in a research note issued to investors on Wednesday, November 6th. Desjardins analyst B. Poirier now forecasts that the company will earn $0.10 per share for the year, down from their previous estimate of $0.11. Desjardins has a “Buy” rating and a $2.50 price objective on the stock.

Titanium Transportation Group (CVE:TTR) last issued its earnings results on Tuesday, August 13th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.04 by C($0.03). The firm had revenue of C$42.00 million for the quarter, compared to analyst estimates of C$47.92 million.

TTR traded up C$0.06 on Friday, hitting C$1.37. 129,900 shares of the company’s stock were exchanged, compared to its average volume of 20,688. The firm has a market cap of $47.97 million and a PE ratio of 14.12. Titanium Transportation Group has a twelve month low of C$1.20 and a twelve month high of C$1.69. The stock has a fifty day moving average of C$1.32 and a two-hundred day moving average of C$1.31. The company has a current ratio of 0.85, a quick ratio of 0.78 and a debt-to-equity ratio of 205.34.

Titanium Transportation Group Company Profile

Titanium Transportation Group Inc, together with its subsidiaries, provides asset-based transportation and logistics services in North America. It operates through two segments, Truck Transportation and Logistics. The Truck Transportation segment provides pickup and delivery of general merchandise by long-haul, dedicated, and local trucking services through various trailer types, including 53' dry vans, flatbeds, step-decks, heavy axle trailers, and other specialty equipment.

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Earnings History and Estimates for Titanium Transportation Group (CVE:TTR)

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