William Blair has recently reduced Titan International Inc (TWI) stock to Mkt Perform rating, as announced on August 3, 2018, according to Finviz. Earlier, on April 18, 2017, Sidoti had raised the stock from a Neutral to Buy. Goldman also reduced Sell rating. Additionally, Goldman initiated Neutral rating on May 6, 2015, with a target price of $12. Wm Smith analysts, in their report published on April 6, 2015, also initiated Not Rated rating and set a price target of $12 for Titan International Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Titan International Inc (TWI) Stock Trading Recap
On Wednesday, Titan International Inc (TWI) stock saw a modest uptick, ending the day at $7.36 which represents a slight increase of $0.09 or 1.24% from the prior close of $7.27. The stock opened at $7.27 and touched a low of $7.27 during the day, reaching a high of $7.54. The volume of shares traded was 0.77 million exceeding the average volume of 0.53 million.
TWI Stock Performance and Moving Averages
In recent trading, Titan International Inc (TWI) stock price has shown some volatility, fluctuating 2.36% over the last five trades and -6.95% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -34.11%, and it has plunged by -13.11% in the previous three months. Currently, TWI is trading at 3.15%, -4.66%, and -24.85% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, TWI, a Industrials sector stock, is trading -51.99% below its 52-week high but remains 9.69% above its 52-week low. The Average True Range (ATR) (14 days) of 0.27 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Titan International Inc’s Profitability and Valuation Ratios
Titan International Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 5.61% and a profit margin of 1.55%, with a gross margin of -34.11%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Titan International Inc’s market capitalization stands at $531.09 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 16.99, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 10.51. Additionally, the Price-to-Sales Ratio is 0.29, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.87, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 20.94% of Titan International Inc (TWI)’s shares, while financial institutions hold 64.99%.