Titan International Inc
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- Market Cap.:
- $729.52 million
- Book Value:
- Revenue TTM:
- $2.07 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $349.00 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Titan International Inc had its IPO on 1993-05-19 under the ticker symbol TWI.
The company operates in the Industrials sector and Farm & Heavy Construction Machinery industry. Titan International Inc has a staff strength of 7,500 employees.
Shares of Titan International Inc opened at $11.62 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $11.53 - $11.8, and closed at $11.7.
This is a +0.6% increase from the previous day's closing price.
A total volume of 235,842 shares were traded at the close of the day’s session.
In the last one week, shares of Titan International Inc have slipped by -9.44%.
Titan International Inc's Key Ratios
Titan International Inc has a market cap of $729.52 million, indicating a price to book ratio of 2.7147 and a price to sales ratio of 0.3872.
In the last 12-months Titan International Inc’s revenue was $2.07 billion with a gross profit of $349.00 million and an EBITDA of $234.52 million. The EBITDA ratio measures Titan International Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Titan International Inc’s operating margin was 9.3% while its return on assets stood at 9.27% with a return of equity of 39.92%.
In Q2, Titan International Inc’s quarterly earnings growth was a negative -54.7% while revenue growth was a negative 16%.
Titan International Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $2.25 per share while it has a forward price to earnings multiple of 5.9809 and a PEG multiple of -1.21. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Titan International Inc’s profitability.
Titan International Inc stock is trading at a EV to sales ratio of 0.553 and a EV to EBITDA ratio of 4.3997. Its price to sales ratio in the trailing 12-months stood at 0.3872.
Titan International Inc stock pays annual dividends of $0 per share, indicating a yield of 0.58% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $1.31 billion
- Total Liabilities
- $403.25 million
- Operating Cash Flow
- Capital Expenditure
- $15.87 million
- Dividend Payout Ratio
Titan International Inc ended 2023 with $1.31 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.31 billion while shareholder equity stood at $450.10 million.
Titan International Inc ended 2023 with $3.31 million in deferred long-term liabilities, $403.25 million in other current liabilities, 6650.00 in common stock, $152.91 million in retained earnings and $0 in goodwill. Its cash balance stood at $196.45 million and cash and short-term investments were $196.45 million. The company’s total short-term debt was $22,364,000 while long-term debt stood at $411.67 million.
Titan International Inc’s total current assets stands at $934.25 million while long-term investments were $29.60 million and short-term investments were $0. Its net receivables were $280.69 million compared to accounts payable of $231.88 million and inventory worth $378.26 million.
In 2023, Titan International Inc's operating cash flow was $-15838000.00 while its capital expenditure stood at $15.87 million.
Comparatively, Titan International Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Titan International Inc stock is currently trading at $11.7 per share. It touched a 52-week high of $17.29 and a 52-week low of $17.29. Analysts tracking the stock have a 12-month average target price of $20.
Its 50-day moving average was $12 and 200-day moving average was $12.57 The short ratio stood at 3.97 indicating a short percent outstanding of 0%.
Around 556% of the company’s stock are held by insiders while 8168.3% are held by institutions.
Frequently Asked Questions About Titan International Inc
Similar Industry Stocks (Farm & Heavy Construction Machinery)
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.