TWI - Titan International Inc Stock Price, Fair Value and News

8.91USD-0.02 (-0.22%)Market Closed

Market Summary

USD8.91-0.02

Market Closed

-0.22%

TWI Alerts

Big fall in Revenue (Y/Y)

Big fall in earnings (Y/Y)

TWI Stock Price

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TWI RSI Chart

TWI Valuation

Market Cap

649.3M

Price/Earnings (Trailing)

11.57

Price/Sales (Trailing)

0.37

EV/EBITDA

8.41

Price/Free Cashflow

7.09

TWI Price/Sales (Trailing)

TWI Profitability

EBT Margin

4.66%

Return on Equity

8.9%

Return on Assets

3.09%

Free Cashflow Yield

14.1%

TWI Fundamentals

TWI Revenue

Revenue (TTM)

1.8B

Rev. Growth (Yr)

-12.11%

Rev. Growth (Qtr)

23.58%

TWI Earnings

Earnings (TTM)

56.1M

Earnings Growth (Yr)

-71.1%

Earnings Growth (Qtr)

458.71%

Breaking Down TWI Revenue

Last 7 days

-5.1%

Last 30 days

-22.2%

Last 90 days

-37.5%

Trailing 12 Months

-18.3%

How does TWI drawdown profile look like?

TWI Financial Health

Current Ratio

2.33

Debt/Equity

0.88

Debt/Cashflow

0.28

TWI Investor Care

Shares Dilution (1Y)

15.43%

Diluted EPS (TTM)

0.89

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.8B	0	0	0
2023	2.2B	2.1B	1.9B	1.8B
2022	1.9B	2.1B	2.1B	2.2B
2021	1.3B	1.5B	1.6B	1.8B
2020	1.4B	1.3B	1.2B	1.3B
2019	1.6B	1.5B	1.5B	1.4B
2018	1.5B	1.6B	1.6B	1.6B
2017	1.3B	1.3B	1.4B	1.5B
2016	1.3B	1.3B	1.3B	1.3B
2015	1.8B	1.6B	1.5B	1.4B
2014	1.9B	1.9B	1.9B	1.9B
2013	3.7B	3.7B	3.6B	3.5B
2012	1.8B	2.0B	2.1B	2.2B
2011	2.5B	2.7B	2.9B	3.0B
2010	881.6M	881.6M	881.6M	881.6M
2009	0	0	0	881.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Titan International Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 25, 2024	martin david a	sold (taxes)	-69,879	12.39	-5,640	svp & chief financial officer
Mar 25, 2024	reitz paul g	sold (taxes)	-121,744	12.39	-9,826	president & ceo
Mar 25, 2024	eheli anthony	sold (taxes)	-20,753	12.39	-1,675	vp, chief accounting officer
Mar 25, 2024	eheli anthony	sold	-31,050	12.42	-2,500	vp, chief accounting officer
Mar 14, 2024	martin david a	sold (taxes)	-86,997	12.34	-7,050	svp & chief financial officer
Mar 14, 2024	eheli anthony	sold (taxes)	-36,452	12.34	-2,954	vp, chief accounting officer
Mar 14, 2024	reitz paul g	sold (taxes)	-167,886	12.34	-13,605	president & ceo
Mar 10, 2024	reitz paul g	acquired	-	-	80,000	president & ceo
Mar 10, 2024	troyanovich michael g	acquired	-	-	25,000	secretary and general counsel
Mar 10, 2024	eheli anthony	acquired	-	-	17,500	vp, chief accounting officer

Which funds bought or sold TWI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	reduced	-9.15	-82,320	261,810	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-78.28	-659,510	146,629	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-6.54	-181,654	653,888	-%
May 16, 2024	Tidal Investments LLC	added	1.14	-24,775	137,060	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	50.43	1,464,540	7,104,190	0.14%
May 15, 2024	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	unchanged	-	-4,840	24,920	-%
May 15, 2024	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	added	1,159	1,618,000	1,788,000	-%
May 15, 2024	Voya Investment Management LLC	reduced	-10.49	-138,999	415,965	-%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	reduced	-30.12	-1,527,040	2,153,870	-%
May 15, 2024	Kestra Advisory Services, LLC	unchanged	-	-26,862	138,306	-%

Are Funds Buying or Selling TWI?

Are funds buying TWI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TWI

No. of Funds

Unveiling Titan International Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 14, 2024	mhr fund management llc	9.9%	7,200,427	SC 13D/A
Mar 07, 2024	aipcf v (cayman), ltd.	16.4%	11,921,766	SC 13D
Feb 13, 2024	renaissance technologies llc	4.87%	3,012,659	SC 13G/A
Feb 13, 2024	vanguard group inc	6.25%	3,868,057	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.5%	3,407,435	SC 13G
Jan 23, 2024	blackrock inc.	14.4%	8,928,731	SC 13G/A
Feb 13, 2023	renaissance technologies llc	5.13%	3,226,359	SC 13G/A
Feb 09, 2023	vanguard group inc	6.37%	4,001,184	SC 13G/A
Jan 23, 2023	blackrock inc.	14.6%	9,205,635	SC 13G/A
Feb 11, 2022	renaissance technologies llc	6.16%	3,844,940	SC 13G/A

Recent SEC filings of Titan International Inc

View All Filings

Date Filed	Form Type	Document
May 16, 2024	8-K/A	Current Report
May 14, 2024	SC 13D/A	13D - Major Acquisition
May 01, 2024	10-Q	Quarterly Report
May 01, 2024	8-K	Current Report
Apr 24, 2024	ARS	ARS
Apr 24, 2024	DEF 14A	DEF 14A
Apr 24, 2024	DEFA14A	DEFA14A
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading

Peers (Alternatives to Titan International Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CAT	176.0B	67.0B	-0.57%	65.92%	15.65	2.63	8.59%	58.17%
GE	175.0B	69.5B	2.71%	53.73%	49.85	2.52	16.04%	-60.91%
CMI	39.1B	34.0B	-1.97%	33.06%	18.95	1.15	12.85%	-19.64%
AME	38.6B	6.7B	-6.32%	12.86%	29.28	5.73	7.11%	10.53%
ACM	12.2B	15.3B	-3.16%	12.28%	-885.03	0.79	13.36%	-103.70%
MID-CAP
APG	9.8B	6.9B	-3.29%	52.06%	57.15	1.42	3.19%	62.26%
FLR	6.6B	15.5B	-3.16%	34.99%	21.56	0.42	7.53%	3145.00%
FLS	6.5B	4.4B	8.65%	40.81%	27.89	1.48	17.31%	1.26%
ACA	4.2B	2.4B	12.71%	24.81%	29.5	1.79	4.48%	-49.27%
ALG	2.3B	1.7B	-5.99%	7.81%	17.35	1.37	8.96%	15.52%
SMALL-CAP
AMRC	1.4B	1.4B	46.91%	-37.28%	24.47	1.02	-13.54%	-25.70%
AGX	872.9M	573.3M	9.79%	57.95%	26.98	1.52	26.00%	-2.24%
NKLA	732.5M	35.8M	-15.62%	-26.90%	-0.78	20.44	-27.93%	-18.06%
AMSC	430.6M	135.4M	17.93%	212.03%	-26.25	3.18	-25.90%	65.37%
ADES	247.8M	100.1M	1.25%	441.48%	-30.37	2.47	2.80%	39.07%

Titan International Inc News

Latest updates

Titan International Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	23.6%	482	390	402	481	549	510	531	573	556	488	450	439	404	327	305	286	342	302	346	391	410
Gross Profit	32.7%	77.00	58.00	66.00	86.00	96.00	77.00	88.00	110	87.00	63.00	60.00	61.00	53.00	26.00	31.00	30.00	27.00	18.00	27.00	38.00	45.00
S&GA Expenses	23.1%	39.00	32.00	34.00	35.00	34.00	30.00	31.00	35.00	36.00	33.00	32.00	33.00	34.00	37.00	33.00	28.00	32.00	31.00	35.00	36.00	36.00
R&D Expenses	16.4%	4.00	3.00	3.00	3.00	3.00	3.00	2.00	2.00	3.00	3.00	2.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	3.00	3.00
EBITDA Margin	-13.1%	0.08*	0.09*	0.11*	0.12*	0.13*	0.13*	0.13*	0.11*	0.08*	0.07*	0.06*	0.05*	-	-	-	-	-	-	-	-	-
Interest Expenses	111.2%	5.00	3.00	4.00	6.00	6.00	7.00	7.00	8.00	8.00	8.00	8.00	9.00	8.00	7.00	7.00	8.00	8.00	8.00	8.00	8.00	8.00
Income Taxes	517.9%	10.00	-2.32	5.00	9.00	14.00	-15.95	11.00	19.00	9.00	-8.77	5.00	2.00	3.00	5.00	0.00	2.00	0.00	3.00	2.00	-3.22	2.00
Earnings Before Taxes	647.0%	20.00	-3.60	24.00	41.00	48.00	27.00	54.00	88.00	33.00	20.00	16.00	-0.43	16.00	-14.91	-13.11	-2.66	-27.44	-23.09	-17.98	-9.89	3.00
EBT Margin	-22.6%	0.05*	0.06*	0.07*	0.08*	0.10*	0.09*	0.09*	0.08*	0.04*	0.03*	0.01*	-0.01*	-	-	-	-	-	-	-	-	-
Net Income	458.7%	9.00	-2.56	19.00	30.00	32.00	42.00	43.00	67.00	24.00	28.00	11.00	-2.77	14.00	-17.21	-12.64	-5.04	-25.49	-24.83	-19.14	-6.42	2.00
Net Income Margin	-26.0%	0.03*	0.04*	0.06*	0.07*	0.09*	0.08*	0.08*	0.06*	0.03*	0.03*	0.00*	-0.01*	-	-	-	-	-	-	-	-	-
Free Cashflow	-173.3%	-14.60	20.00	37.00	49.00	12.00	44.00	40.00	56.00	-26.15	-1.54	6.00	-7.30	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	40.7%	1,814	1,289	1,258	1,305	1,345	1,285	1,247	1,289	1,269	1,183	1,144	1,127	1,071	1,032	1,016	1,031	1,060	1,114	1,190	1,270	1,325
Current Assets	31.7%	1,155	877	881	934	970	910	901	929	911	813	796	772	716	659	638	641	639	651	732	786	837
Cash Equivalents	-	-	-	-	-	-	-	117	117	98.00	98.00	95.00	96.00	96.00	117	99.00	80.00	60.00	67.00	79.00	66.00	68.00
Inventory	38.3%	505	365	360	378	389	397	413	423	424	393	373	345	313	294	284	295	306	333	352	385	412
Net PPE	40.0%	450	322	302	308	300	297	288	297	298	301	303	310	308	320	325	338	344	368	366	376	379
Goodwill	-	13.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities	43.9%	1,183	822	825	854	922	901	926	984	1,024	956	945	924	882	831	822	830	856	850	916	926	965
Current Liabilities	32.9%	495	372	375	403	468	446	471	497	492	451	437	414	382	330	315	299	342	327	366	393	439
Long Term Debt	35.5%	554	409	410	412	413	415	415	441	485	452	451	453	441	434	432	462	445	438	465	445	433
Shareholder's Equity	35.1%	631	467	433	451	423	381	321	306	246	227	175	178	164	176	169	177	179	239	248	288	290
Retained Earnings	5.4%	179	170	172	153	123	91.00	49.00	6.00	-61.52	-85.44	-113	-124	-121	-135	-117	-105	-100	-74.33	-49.20	-29.75	-23.03
Additional Paid-In Capital	29.3%	736	569	567	566	564	566	564	563	562	562	536	535	534	533	532	532	533	532	534	528	528
Shares Outstanding	4.0%	65.00	62.00	63.00	63.00	63.00	63.00	63.00	63.00	64.00	62.00	62.00	62.00	-	-	-	-	-	-	-	-	-
Minority Interest	123.1%	1.00	0.00	-0.03	1.00	2.00	2.00	5.00	6.00	-2.65	-2.13	-3.32	-3.37	-3.86	-3.00	-0.63	1.00	-0.22	4.00	4.00	5.00	5.00
Float	-	-	-	-	720	-	-	-	948	-	-	-	528	-	-	-	89.00	-	-	-	162	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-94.9%	2,005	39,244	51,216	64,804	24,086	58,438	53,322	67,435	-18,517	13,016	15,197	-1,525	-15,962	9,798	41,930	1,529	3,972	14,230	41,213	5,618	-15,619
Share Based Compensation	-97.9%	32.00	1,535	1,485	1,515	700	1,169	1,169	1,456	488	1,412	649	810	570	531	860	581	490	422	404	286	269
Cashflow From Investing	-821.0%	-158,762	-17,238	-12,407	-15,838	-11,440	-13,969	-12,908	-12,286	2,412	-14,488	-9,223	-5,572	-8,316	7,857	13,466	6,831	5,067	4,031	-40,132	-22,231	-34,259
Cashflow From Financing	1009.4%	145,706	-16,023	-14,198	-15,350	-10,445	-3,769	-34,924	-34,330	11,713	6,671	-3,574	3,775	7,074	-4,629	-36,728	11,085	-8,293	-31,834	13,915	13,301	36,740
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	301	302	303	302	298	301
Buy Backs	-89.6%	1,402	13,515	12,674	5,097	1,293	-	-	-	25,000	-	-	-	-	-	-	-	-	-	-	-	-

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TWI Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue from Contract with Customer, Excluding Assessed Tax	$ 482,209	$ 548,644
Cost of sales	404,839	453,087
Gross profit	77,370	95,557
Selling, general and administrative expenses	39,420	34,472
Business Combination, Acquisition Related Costs	6,196	0
Research and development expenses	3,654	3,014
Royalty expense	3,028	2,935
Income (loss) from operations	25,072	55,136
Interest expense, net	(5,492)	(6,492)
Foreign exchange loss	(275)	(1,760)
Other income	405	762
Income before income taxes	19,710	47,646
Provision for income taxes	9,736	14,216
Net income	9,974	33,430
Net income attributable to noncontrolling interests	773	1,592
Net income attributable to Titan and applicable to common shareholders	$ 9,201	$ 31,838
Earnings per common share:
Basic	$ 0.14	$ 0.51
Diluted	$ 0.14	$ 0.50
Average common shares and equivalents outstanding:
Basic	64,928	62,905
Diluted	65,704	63,621

TWI Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 203,628	$ 220,251
Accounts receivable, net	355,559	219,145
Inventories	504,945	365,156
Prepaid and other current assets	91,004	72,229
Total current assets	1,155,136	876,781
Property, plant and equipment, net	450,446	321,694
Operating Lease, Right-of-Use Asset	108,777	11,955
Goodwill	12,867	0
Intangible Assets, Net (Excluding Goodwill)	17,046	1,431
Deferred income taxes	26,283	38,033
Other long-term assets	43,040	39,351
Total assets	1,813,595	1,289,245
Current liabilities
Short-term debt	18,693	16,913
Accounts payable	287,933	201,201
Operating Lease, Liability, Current	12,289	5,021
Other current liabilities	176,148	149,240
Total current liabilities	495,063	372,375
Long-term debt	554,440	409,178
Deferred income taxes	4,708	2,234
Operating Lease, Liability, Noncurrent	95,467	6,153
Other long-term liabilities	32,982	31,890
Total liabilities	$ 1,182,660	$ 821,830
Common Stock, par value	$ 0.0001
Common Stock, shares authorized (in shares)	120,000,000
Common Stock, shares issued (in shares)	78,447,035	66,525,269
Treasury Stock, Common, Shares	5,613,074	5,809,414
Titan stockholders' equity
Common stock ($0.0001 par value, 120,000,000 shares authorized, 78,447,035 issued at March 31, 2024 and 66,525,269 at December 31, 2023)	$ 0	$ 0
Additional paid-in capital	735,544	569,065
Retained earnings	178,824	169,623
Treasury stock (at cost, 5,613,074 shares at March 31, 2024 and 5,809,414 shares at December 31, 2023)	(51,300)	(52,585)
Accumulated other comprehensive loss	(232,925)	(219,043)
Total Titan shareholders’ equity	630,143	467,060
Noncontrolling interests	792	355
Total equity	630,935	467,415
Total liabilities and equity	$ 1,813,595	$ 1,289,245

About Titan International Inc

Titan International, Inc., together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in North America, Latin America, Europe, the Commonwealth of Independent States region, the Middle East, Africa, Russia, and internationally. The company operates in Agricultural, Earthmoving/Construction, and Consumer segments. It offers rims, wheels, tires, and undercarriage systems and components for various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment. The company also offers rims, wheels, tires, and undercarriage systems and components for off-the-road earthmoving, mining, military, construction, and forestry equipment, including skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks, backhoe loaders, crawler tractors, lattice cranes, shovels, and hydraulic excavators. In addition, it provides bias and light truck tires; and products for ATVs, turf, and golf cart applications, as well as specialty and train brakes. It sells its products directly to original equipment manufacturers, as well as to the aftermarket through independent distributors, equipment dealers, and own distribution centers. Titan International, Inc. was founded in 1890 and is headquartered in West Chicago, Illinois.

CEO	Mr. Paul George Reitz
WEBSITE	titan-intl.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	7500

Titan International Inc Frequently Asked Questions

What is the ticker symbol for Titan International Inc? What does TWI stand for in stocks?

TWI is the stock ticker symbol of Titan International Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Titan International Inc (TWI)?

As of Fri May 17 2024, market cap of Titan International Inc is 649.28 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TWI stock?

You can check TWI's fair value in chart for subscribers.

What is the fair value of TWI stock?

You can check TWI's fair value in chart for subscribers. The fair value of Titan International Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Titan International Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TWI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Titan International Inc a good stock to buy?

The fair value guage provides a quick view whether TWI is over valued or under valued. Whether Titan International Inc is cheap or expensive depends on the assumptions which impact Titan International Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TWI.

What is Titan International Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, TWI's PE ratio (Price to Earnings) is 11.57 and Price to Sales (PS) ratio is 0.37. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TWI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Titan International Inc's stock?

In the past 10 years, Titan International Inc has provided -0.054 (multiply by 100 for percentage) rate of return.