The stock of Titan International Inc (NYSE:TWI) is a huge mover today! About 211,719 shares traded hands. Titan International Inc (NYSE:TWI) has risen 60.33% since March 7, 2016 and is uptrending. It has outperformed by 52.74% the S&P500.
The move comes after 8 months positive chart setup for the $529.60 million company. It was reported on Oct, 10 by Barchart.com. We have $13.99 PT which if reached, will make NYSE:TWI worth $190.66 million more.
Analysts await Titan International Inc (NYSE:TWI) to report earnings on November, 4. They expect $-0.14 EPS, up 76.27% or $0.45 from last year’s $-0.59 per share. After $-0.04 actual EPS reported by Titan International Inc for the previous quarter, Wall Street now forecasts 250.00% negative EPS growth.
Titan International Inc (NYSE:TWI) Ratings Coverage
Out of 2 analysts covering Titan International Inc. (NYSE:TWI), 0 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 0 are positive. Titan International Inc. has been the topic of 2 analyst reports since October 15, 2015 according to StockzIntelligence Inc. Goldman Sachs downgraded the shares of TWI in a report on Thursday, November 19 to “Sell” rating. The stock of Titan International Inc (NYSE:TWI) earned “Market Perform” rating by Avondale on Thursday, October 15.
According to Zacks Investment Research, “Titan International, Inc. is a global manufacturer of off-highway steel wheels and tires in the agricultural, earthmoving/construction and consumer markets. Titan generally manufactures both wheels and tires for these markets and provides the value-added service of assembling the completed wheel-tire system. They offer a broad range of different products that are manufactured in relatively short production runs to meet original equipment manufacturers’ specifications and/or aftermarket customer requirements.”
Insitutional Activity: The institutional sentiment is 1.17 in 2016 Q2. Its the same as in 2016Q1. The ratio has no change, as 19 funds sold all Titan International Inc shares owned while 34 reduced positions. only 15 funds bought stakes while 47 increased positions. They now own 41.43 million shares or 3.90% more from 39.88 million shares in 2016Q1.
Legal & General Group Plc reported 6,497 shares or 0% of all its holdings. The California-based Financial Engines Advsrs Limited Liability Corporation has invested 0.21% in Titan International Inc (NYSE:TWI). Livingston Gru Asset Mgmt (Operating As Southport Management) owns 11,500 shares or 0.04% of their US portfolio. State Bank Of Montreal Can holds 1,963 shares or 0% of its portfolio. Guggenheim Capital Ltd Liability Corporation has 0% invested in the company for 203,082 shares. Vanguard Incorporated accumulated 0% or 2.58 million shares. Pinebridge Invs Ltd Partnership last reported 0% of its portfolio in the stock. Harvest Cap Strategies Llc has 0.52% invested in the company for 600,000 shares. Deutsche Bank & Trust Ag accumulated 0% or 371,185 shares. The Florida-based State Board Of Administration Of Florida Retirement Sys has invested 0% in Titan International Inc (NYSE:TWI). Teachers Retirement Systems Of The State Of Kentucky, a Kentucky-based fund reported 16,100 shares. Northern Corporation last reported 507,646 shares in the company. Kazazian Asset Limited Company last reported 8,016 shares in the company. American Gp last reported 32,846 shares in the company. Bridgeway Cap Mgmt has invested 0.02% of its portfolio in Titan International Inc (NYSE:TWI).
More notable recent Titan International Inc (NYSE:TWI) news were published by: Fool.com which released: “Titan International Inc. Finally Sees Growth on the Horizon” on August 04, 2016, also Prnewswire.com with their article: “Titan International, Inc. Announces Third Quarter Cash Dividend” published on September 09, 2016, Fool.com published: “Titan International Inc. Struggles With Weak Demand” on May 05, 2016. More interesting news about Titan International Inc (NYSE:TWI) were released by: Fool.com and their article: “Titan International Inc Reports a Loss, but Sees Signs of Improvement” published on February 26, 2016 as well as Prnewswire.com‘s news article titled: “Titan International, Inc. Announces That It Has Received A Proposal To …” with publication date: March 21, 2016.
TWI Company Profile
Titan International, Inc., incorporated on March 24, 2015, is a maker of wheels, tires and undercarriage systems and components for off-highway vehicles used in the agricultural, earthmoving/construction and consumer divisions. The Firm operates through three divisions: agricultural, earthmoving/construction and consumer. The Company’s agricultural market includes rims, wheels, tires and undercarriage systems and components manufactured for use on various agricultural and forestry equipment. The Company’s earthmoving/construction market includes rims, wheels, tires and undercarriage systems and components for various types of off-the-road (OTR) earthmoving, mining, military and construction equipment. The Company’s consumer market includes bias truck tires and light truck tires.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.