DA Davidson's Earnings Estimate for Titan International in Q1 2025

Titan International, Inc. (NYSE:TWI – Free Report) has recently caught the attention of analysts at DA Davidson, who provided their projections for the company’s earnings in the first quarter of 2025. In a research note released on February 28th, DA Davidson analyst M. Shlisky predicts that Titan International will achieve earnings of $0.06 per share for Q1 2025. This estimate puts the company in a favorable light, prompting DA Davidson to assign a “Strong-Buy” rating on the stock.

Moreover, the consensus estimate for Titan International’s total earnings for the full year is projected at $0.03 per share, which reflects the overall expectations in the market. DA Davidson has also outlined further earnings expectations for the company, forecasting $0.35 earnings per share (EPS) for FY2025 and $0.58 EPS for FY2026. These estimates indicate confidence in Titan International’s growth potential over the upcoming years.

Recent Stock Ratings and Market Performance

In addition to DA Davidson's positive view, StockNews.com recently upgraded Titan International's shares from a “sell” rating to a “hold” rating in a report issued on February 12th. This change in sentiment adds to the overall optimism surrounding the company.

Looking at Titan International’s stock performance, shares opened at $8.52 on the Monday following the report. The company boasts a market capitalization of approximately $537.63 million. It has a price-to-earnings (PE) ratio of -70.96, reflecting its current financial position, as well as a beta of 1.82, suggesting that the stock may be more volatile compared to the broader market.

Over the past year, Titan International has experienced a price range, reaching a low of $6.34 and a high of $14.15. Financial ratios reveal that the company has a quick ratio of 1.33 and a current ratio of 2.38, indicating a healthy liquidity position. The debt-to-equity ratio stands at 0.84, demonstrating a reasonable level of debt management. The company's fifty-day simple moving average is reported at $7.92, while the two-hundred day simple moving average is at $7.68.

Institutional Investors and Market Dynamics

Recently, several institutional investors have adjusted their holdings in Titan International. Renaissance Technologies LLC increased its stake by 1.0% during the fourth quarter, now owning 2,743,587 shares valued at approximately $18.63 million after acquiring an additional 27,616 shares. Victory Capital Management Inc. has also raised its holdings by 21.4%, owning 1,953,866 shares worth about $13.27 million after purchasing an additional 344,658 shares.

Geode Capital Management LLC and Northern Trust Corp have similarly expanded their positions in the company. Geode Capital Management now holds 1,138,329 shares valued at $7.73 million after a minor increase, while Northern Trust Corp owns 542,660 shares valued at about $3.69 million, post-acquisition of more shares in the fourth quarter.

In total, around 80.39% of Titan International's stock is held by institutional investors, reflecting strong support from large financial entities in the market.

About Titan International, Inc.

Titan International, Inc. is engaged in manufacturing wheels, tires, and undercarriage systems for off-highway vehicles. Its operations span across various sectors including Agricultural, Earthmoving/Construction, and Consumer segments, providing essential products for a range of agricultural machinery such as tractors and plows.

Titan, Earnings, Analyst