News headlines about Titan International (NYSE:TWI) have trended somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Titan International earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 45.4267268938698 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news stories that may have effected Accern’s rankings:
A number of brokerages have commented on TWI. Zacks Investment Research cut Titan International from a “hold” rating to a “sell” rating in a report on Thursday, January 25th. William Blair reaffirmed an “outperform” rating on shares of Titan International in a report on Friday, February 23rd. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $14.00.
NYSE:TWI opened at $11.86 on Thursday. Titan International has a one year low of $7.97 and a one year high of $14.53. The company has a quick ratio of 1.19, a current ratio of 2.10 and a debt-to-equity ratio of 1.31. The company has a market capitalization of $732.68, a P/E ratio of -24.20 and a beta of 1.69.
Titan International (NYSE:TWI) last posted its quarterly earnings results on Friday, February 23rd. The industrial products company reported ($0.10) EPS for the quarter, beating the consensus estimate of ($0.13) by $0.03. Titan International had a negative return on equity of 6.94% and a negative net margin of 4.31%. The firm had revenue of $376.03 million during the quarter, compared to analysts’ expectations of $364.77 million. During the same quarter last year, the firm earned ($0.25) earnings per share. The business’s revenue for the quarter was up 22.4% on a year-over-year basis. equities research analysts anticipate that Titan International will post 0.35 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Thursday, March 29th will be issued a $0.005 dividend. The ex-dividend date is Wednesday, March 28th. This represents a $0.02 annualized dividend and a dividend yield of 0.17%. Titan International’s dividend payout ratio is presently -4.08%.
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About Titan International
Titan International, Inc is a wheel, tire, and undercarriage industrial manufacturer and supplier. The Company’s segments are agricultural, earthmoving/construction, and consumer. The Company produces a range of products to meet the specifications of original equipment manufacturers (OEMs) and aftermarket customers in the agricultural, earthmoving/construction, and consumer markets.
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