Titan International (TWI) Receiving Somewhat Favorable Press Coverage, Study Finds
News headlines about Titan International (NYSE:TWI) have been trending somewhat positive on Sunday, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Titan International earned a news impact score of 0.12 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 46.523823424045 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern’s rankings:
- Titan International, Inc. (NYSE:TWI) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Titan International Inc (NYSE:TWI) Stock Price Up as Sentiment Falls (lazeresportes.com)
- Titan International (TWI) Earning Somewhat Favorable Press Coverage, Analysis Finds (footballhebdo.com)
- Titan International (NYSE:TWI) Given Coverage Optimism Rating of 0.15 (campdesrecrues.com)
- William Blair Comments on Titan International, Inc.’s Q4 2017 Earnings (TWI) (americanbankingnews.com)
Shares of Titan International (TWI) traded down 5.13% during trading on Friday, reaching $9.24. The company’s stock had a trading volume of 734,487 shares. Titan International has a 52-week low of $8.52 and a 52-week high of $14.23. The stock’s market cap is $551.64 million. The stock’s 50 day moving average price is $11.85 and its 200-day moving average price is $11.48.
Titan International (NYSE:TWI) last posted its earnings results on Thursday, August 3rd. The industrial products company reported ($0.09) EPS for the quarter, missing the Zacks’ consensus estimate of $0.09 by $0.18. The business had revenue of $364.40 million during the quarter, compared to the consensus estimate of $352.13 million. Titan International had a negative return on equity of 10.79% and a negative net margin of 3.23%. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the previous year, the business posted ($0.04) EPS. Equities analysts anticipate that Titan International will post ($0.26) EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were issued a $0.005 dividend. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.22%. The ex-dividend date of this dividend was Wednesday, June 28th. Titan International’s payout ratio is -2.44%.
A number of research firms have issued reports on TWI. BidaskClub cut Titan International from a “buy” rating to a “hold” rating in a research report on Thursday. Zacks Investment Research lowered Titan International from a “hold” rating to a “sell” rating in a research note on Wednesday. TheStreet raised Titan International from a “d+” rating to a “c-” rating in a research note on Friday, June 30th. Finally, Sidoti raised Titan International from a “neutral” rating to a “buy” rating in a research note on Tuesday, April 18th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $14.00.
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Titan International Company Profile
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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