During the last session, Titan International, Inc (NYSE:TWI)’s traded shares were 0.82 million, with the beta value of the company hitting 1.81. At the end of the trading day, the stock’s price was $8.17, reflecting an intraday gain of 6.80% or $0.52. The 52-week high for the TWI share is $15.33, that puts it down -87.64 from that peak though still a striking 22.4% gain since the share price plummeted to a 52-week low of $6.34. The company’s market capitalization is $515.85M, and the average intraday trading volume over the past 10 days was 1.17 million shares, and the average trade volume was 667.64K shares over the past three months.

Titan International, Inc (TWI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. TWI has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.13.

Titan International, Inc (NYSE:TWI) trade information

Titan International, Inc (TWI) registered a 6.80% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 6.80% in intraday trading to $8.17, hitting a weekly high. The stock’s 5-day price performance is 17.55%, and it has moved by 14.27% in 30 days. Based on these gigs, the overall price performance for the year is -42.30%. The short interest in Titan International, Inc (NYSE:TWI) is 4.13 million shares and it means that shorts have 6.46 day(s) to cover.

Titan International, Inc (TWI) estimates and forecasts

Statistics show that Titan International, Inc has underperformed its competitors in share price, compared to the industry in which it operates. Titan International, Inc (TWI) shares have gone up 13.95% during the last six months, with a year-to-date growth rate less than the industry average at -96.23% against -18.90. In the rating firms’ projections, revenue will increase 1.90% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 394M as predicted by 3 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 460.02M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 390.2M and 482.21M respectively. In this case, analysts expect current quarter sales to grow by 0.98% and then drop by -4.60% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 80.77%. While earnings are projected to return -97.48% in 2024, the next five years will return 25.00% per annum.

TWI Dividends

Titan International, Inc is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 0.4%.

Titan International, Inc (NYSE:TWI)’s Major holders

Titan International, Inc insiders own 5.77% of total outstanding shares while institutional holders control 94.02%, with the float percentage being 99.78%. AIP, LLC is the largest shareholder of the company, while 250.0 institutions own stock in it. As of 2024-06-30, the company held over 11.92 million shares (or 18.3615% of all shares), a total value of $88.34 million in shares.

The next largest institutional holding, with 8.04 million shares, is of BLACKROCK INC.’s that is approximately 12.3821% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $59.57 million.