Titan International (NYSE:TWI) Posts Quarterly Earnings Results, Beats Estimates By $0.15 EPS

Titan International (NYSE:TWI) announced its quarterly earnings data on Thursday. The industrial products company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.15, FiscalAI reports. Titan International had a negative return on equity of 1.56% and a negative net margin of 4.11%.The business had revenue of $484.77 million during the quarter, compared to the consensus estimate of $480.06 million.

Here are the key takeaways from Titan International’s conference call:

• Second-quarter results improved year over year, with revenue up 5.2% to $485 million and adjusted EBITDA of $34 million, above the top end of guidance. Free cash flow was $26 million, while net debt declined to $413 million from $441 million in the prior quarter.
• The Consumer segment led growth with sales up 27%, supported by a rebound in Titan Specialty demand, new product launches, OEM wins, and continued expansion of the Goodyear-branded portfolio. EMC sales rose 1.4%, with margins benefiting from cost-reduction and productivity initiatives.
• Agriculture remained pressured by low farm income, elevated financing and fertilizer costs, geopolitical uncertainty, and high OEM/dealer inventories; segment sales fell 5% and gross margin dropped to 11.4% from 14.6%. Management now views a fourth-quarter demand acceleration as less likely and expects full-year sales toward the lower half of its guidance range.
• Third-quarter guidance calls for revenue of $440 million–$460 million and adjusted EBITDA of $27 million–$33 million, while full-year guidance remains $1.85 billion–$1.95 billion in revenue and $105 million–$115 million in adjusted EBITDA. Titan expects an additional $7 million–$9 million in net tariff refunds during the remainder of 2026.
• Titan has identified AI and transformation opportunities that could generate up to $15 million in operating improvements over three years, including a targeted $3 million benefit by the end of 2027. Management expects these initiatives to be funded within existing capital expenditure plans rather than through increased CapEx.

Titan International Stock Down 3.1%

Shares of NYSE TWI traded down $0.23 during midday trading on Friday, hitting $7.13. 784,754 shares of the company’s stock were exchanged, compared to its average volume of 410,210. The firm’s fifty day simple moving average is $7.53 and its 200-day simple moving average is $8.24. The company has a market cap of $459.15 million, a PE ratio of -5.90 and a beta of 1.45. Titan International has a twelve month low of $6.43 and a twelve month high of $11.70. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.11 and a quick ratio of 1.22.

Hedge Funds Weigh In On Titan International

Hedge funds have recently added to or reduced their stakes in the stock. Deutsche Bank AG lifted its position in shares of Titan International by 4.8% during the 4th quarter. Deutsche Bank AG now owns 41,775 shares of the industrial products company’s stock worth $327,000 after buying an additional 1,913 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its position in shares of Titan International by 4.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 58,657 shares of the industrial products company’s stock valued at $459,000 after buying an additional 2,573 shares during the last quarter. Prudential Financial Inc. raised its stake in Titan International by 6.3% during the 2nd quarter. Prudential Financial Inc. now owns 52,026 shares of the industrial products company’s stock worth $534,000 after acquiring an additional 3,085 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in Titan International by 191.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,189 shares of the industrial products company’s stock worth $53,000 after acquiring an additional 3,410 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in Titan International by 5.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 66,800 shares of the industrial products company’s stock valued at $524,000 after acquiring an additional 3,515 shares during the last quarter. 80.39% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Titan International in a research note on Monday, July 20th. DA Davidson restated a “buy” rating and issued a $13.00 price objective on shares of Titan International in a report on Friday, June 12th. Finally, Wall Street Zen raised shares of Titan International from a “sell” rating to a “hold” rating in a research report on Sunday, May 10th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Titan International presently has a consensus rating of “Hold” and an average price target of $13.00.

Titan International Company Profile

Titan International, Inc is a leading global manufacturer of wheels, tires and undercarriage systems designed for off-highway vehicles. The company serves a diverse range of markets including agricultural, construction, earthmoving and consumer segments. Titan’s product portfolio encompasses a variety of tire sizes and tread designs, steel and cast centers, wheels, tracks and complete wheel‐and‐tire assemblies tailored to meet the needs of tractors, combines, skid steers, loaders, haul trucks and other specialized equipment.

In addition to original equipment manufacturing, Titan provides extensive aftermarket support through its network of distributors and sales offices.