Titan International (TWI) to Release 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. Persons that wish to register for the company’s earnings conference call can do so using this link.

Titan International (NYSE:TWI) last issued its earnings results on Thursday, February 29th. The industrial products company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.06. The business had revenue of $390.20 million for the quarter, compared to the consensus estimate of $418.05 million. Titan International had a net margin of 4.32% and a return on equity of 22.57%. 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 %

NYSE TWI opened at $11.81 on Wednesday. The company has a quick ratio of 1.37, a current ratio of 2.35 and a debt-to-equity ratio of 0.88. The stock has a market capitalization of $715.97 million, a P/E ratio of 9.44 and a beta of 2.09. Titan International has a 52-week low of $9.23 and a 52-week high of $15.33. The firm has a 50-day moving average price of $12.69 and a 200 day moving average price of $13.32.

Wall Street Analyst Weigh In

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

Insider Buying and Selling at Titan International

In other news, CAO Anthony Eheli sold 2,500 shares of the company’s stock in a transaction on Monday, March 25th. The shares were sold at an average price of $12.42, for a total transaction of $31,050.00. Following the transaction, the chief accounting officer now directly owns 52,918 shares of the company’s stock, valued at approximately $657,241.56. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 18.30% of the stock is owned by corporate insiders.

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.