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Friday, September 29, 2023

Today, Titan International Inc. (NYSE: TWI) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Titan International Inc. (TWI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.18, or 1.39%, to $13.10. The Titan International Inc. has recorded 8,795 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that TITAN INTERNATIONAL, INC. TO PARTICIPATE IN AUGUST INVESTOR CONFERENCES.

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Stocks Info

The company is listed on the NYSE and operates within the Farm & Heavy Construction Machinery industry segment. At the end of the last regular session, the stock closed at $12.92 and fluctuated between $13.02 as its day high and $12.70 as its day low. The current market capitalization of Titan International Inc. is $789.67M. A total of 0.46 million shares were traded on the day, compared to an average of 386.48K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, TWI has seen 6 BUY and 0 SELL insider trades, representing the acquisition of 78,530 and the disposition of 0 shares. Over the last 12 months, there were 10 BUYs and 14 SELLs from insiders. Insiders purchased 268,530 shares during that period but sold 523,689.

In the most recent transaction, TROYANOVICH MICHAEL G sold 40,000 shares of TWI for 15.10 per share on Feb 10. After the transaction, the Secretary and General Counsel now owns 113,785 company shares. In a previous transaction on Dec 23, TAYLOR MAURICE M JR sold 200,000 shares at 15.44 per share. TWI shares that Director owns now total 592,968.

Among the insiders who sold shares, Eheli Anthony disposed of 2,691 shares on Dec 23 at a per-share price of $15.19. This resulted in the VP, Chief Accounting Officer holding 27,563 shares of TWI after the transaction. In another insider transaction, TAYLOR MAURICE M JR sold 100,000 shares at $15.27 per share on Dec 21. Company shares held by the Director now total 792,968.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. TWI’s most recent ex-dividend date was 3/30/2020 when it declared a $0.0050 quarterly dividend that was paid in cash on 4/15/2020. Previously, the company paid the dividend on 1/15/2020 with an ex-dividend date of 12/30/2019. The TWI stock dividend was $0.0050 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for TWI in the last 3 months, the mean price target is $20.00 with high estimates of $20.00 and low estimates of $20.00. In terms of 52-week highs and lows, TWI has a high of $17.29 and a low of $9.23.

As of this writing, TWI has an earnings estimate of $0.26 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.26 per share and a lower estimate of $0.26. The company reported an EPS of $0.53 in the last quarter, which was 8.20% higher than expectations of $0.49.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. TWI’s latest balance sheet shows that the firm has $98.11M in Cash & Short Term Investments as of fiscal 2021. There were $484.95M in debt and $450.81M in liabilities at the time. Its Book Value Per Share was $7.15, while its Total Shareholder’s Equity was $227.17M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TWI is Buy with a score of 3.00.

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