Titan International Inc. (TWI): Good time to sell it?


Titan International Inc. (NYSE:TWI) changes shares on Tuesday trading session, with a change of -3.03% or -$0.05 shares. The trading starts at $1.68 and closed at $1.65 throughout the day. The trading session low price was $1.48 and day high was $1.6941 on Tuesday, August 04. After the session, the Industrials sector daily volume shifted to 0.36 million while its average volume is 802.87K. In other hand, the TWI market cap reached to $104.80M. While, its current target price is $2.17.

On May 3, 2018, BRIEF-Titan International Q1 Earnings Per Share $0.23. According to the news reported on Reuters, * TITAN INTERNATIONAL, INC. REPORTS FIRST QUARTER 2018 NET SALES UP 19 PERCENT YOY AND EARNINGS OF $0.23 PER SHARE

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -10.11% and up 15.94% for month. Its quarterly performance was 42.86% above, while its half year performance is down -46.67%. TWI yearly performance stood at negative -45.02% and fall -55.80% for year-to-date. Current recommendation for Titan International Inc. is 3.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. TWI EPS (TTM) for 12-month is -1.28. EPS for this year is -21.40%, while for the next year its value is -0.27. It has an EPS of 19.10% up for past five years and for the next five years will be up 25.00%.

Let’s take a look on the analyst recommendations on TWI for the current month and previous month. For the current month, 0 of 2 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 2 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $1.35 – $3.00. Average target price for TWI was reached at $2.17.

Blackrock Inc., MHR Fund Management, LLC and Dimensional Fund Advisors LP are the top three holders in Titan International Inc. (TWI) stock. On Mar 30, 2020, Blackrock Inc. has 8.62 million shares which valued 13.36 million. On Mar 30, 2020, MHR Fund Management, LLC owned 8.01 million shares which valued at 12.41 million. On Mar 30, 2020, Dimensional Fund Advisors LP has a total of 4.59 million shares which valued at 7.11 million. In the end, Dimensional Fund Advisors LP have 7.57% shares outstanding of Titan International Inc. (TWI) on Mar 30, 2020. The insider ownership moved to 4.90% and institutional holding shifted to 78.80%.

The company posted an EPS (TTM) of -1.28. According to the most recent quarter report on (Jun 2020), 3 analysts estimated an average EPS of -0.36, while -0.12 EPS posted a year ago period. Analyst Estimated EPS for TWI published in the report was -$0.45 – -$0.31 during the same period. Comparing with last year, the average estimated EPS was -0.12 which is higher than -0.18 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for TWI fall -27.26% for period of 200 days. SMA for 50 days was 4.66% which is showing green signal, while SMA-20 was 0.50%. The moving average value for Titan International Inc. (TWI) is 1.7246 and 1.5274 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in TWI stock. On Mar 09, COWGER GARY L, Director, bought 42,245 trading shares at the cost of $1.66, which valued at 70127.0. On Mar 06, COWGER GARY L, Director, bought 7,755 shares at the cost of $1.66, with total shares of 31,515. On Aug 15, TAYLOR MAURICE M JR, Director, bought 36,463 shares at the cost of 2.85. After this transaction, TAYLOR MAURICE M JR total shares reached to 757,922 which valued at 0.1 million.