Titan International, Inc. (NYSE:TWI) CEO Paul G. Reitz sold 22,000 shares of the stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $10.82, for a total transaction of $238,040.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Shares of Titan International, Inc. (NYSE:TWI) opened at $11.14 on Tuesday. Titan International, Inc. has a 12 month low of $7.97 and a 12 month high of $14.23. The company has a quick ratio of 1.28, a current ratio of 2.22 and a debt-to-equity ratio of 1.17.
Titan International (NYSE:TWI) last issued its earnings results on Thursday, November 2nd. The industrial products company reported ($0.09) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.03. Titan International had a negative net margin of 3.19% and a negative return on equity of 9.22%. The firm had revenue of $370.99 million during the quarter, compared to the consensus estimate of $331.30 million. During the same quarter in the prior year, the firm earned ($0.15) earnings per share. The business’s quarterly revenue was up 21.2% on a year-over-year basis. equities analysts expect that Titan International, Inc. will post -0.62 EPS for the current fiscal year.
TRADEMARK VIOLATION NOTICE: This article was posted by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this article on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The original version of this article can be viewed at https://sportsperspectives.com/2017/11/21/titan-international-inc-twi-ceo-paul-g-reitz-sells-22000-shares-of-stock.html.
Several brokerages recently weighed in on TWI. BidaskClub upgraded shares of Titan International from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Zacks Investment Research upgraded shares of Titan International from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. TheStreet upgraded shares of Titan International from a “d+” rating to a “c-” rating in a report on Monday, November 6th. Jefferies Group LLC restated a “hold” rating and issued a $12.00 price objective on shares of Titan International in a report on Sunday, November 5th. Finally, ValuEngine lowered shares of Titan International from a “hold” rating to a “sell” rating in a report on Wednesday, August 16th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Titan International currently has a consensus rating of “Buy” and a consensus price target of $13.50.
About Titan International
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.
Receive News & Ratings for Titan International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Titan International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.