Titan International (TWI) Scheduled to Post Earnings on Wednesday

Titan International (NYSE:TWI) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.42 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Titan International (NYSE:TWI) last announced its quarterly earnings data on Thursday, February 29th. The industrial products company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.06. Titan International had a return on equity of 22.57% and a net margin of 4.32%. The company had revenue of $390.20 million for the quarter, compared to analyst estimates of $418.05 million. On average, analysts expect Titan International to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Titan International Trading Up 2.1 %

Shares of TWI opened at $11.81 on Wednesday. Titan International has a 52-week low of $9.23 and a 52-week high of $15.33. The stock has a market cap of $715.97 million, a PE ratio of 9.44 and a beta of 2.09. The firm’s fifty day moving average is $12.69 and its two-hundred day moving average is $13.32. The company has a quick ratio of 1.37, a current ratio of 2.35 and a debt-to-equity ratio of 0.88.

Insider Activity

In related news, CAO Anthony Eheli sold 2,500 shares of Titan International stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of $12.42, for a total transaction of $31,050.00. Following the transaction, the chief accounting officer now owns 52,918 shares in the company, valued at $657,241.56. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 18.30% of the company’s stock.

Analyst Ratings Changes

Separately, TheStreet lowered shares of Titan International from a “b-” rating to a “c” rating in a research report on Thursday, February 29th.

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.