Alert: Rating Downgrade (8/9/24)-Titan International Inc (NYSE: TWI).

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Stock Rating Downgrade

Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Titan International Inc (NYSE: TWI) weakened recently. TWI’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.

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Recent Price Action

On 8/9/24, Titan International Inc (NYSE: TWI) stock declined modestly by -1.8%, closing at $7.49. However, trading volume in this decline was below average at 69% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -11.6% during the last week.

Current PriceTarget Research Rating

TWI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Titan International has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Titan International has a good Appreciation Score of 81 but a very low Power Rating of 0, producing the Negative Value Trend Rating.

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