Alert: Negative Investment/Fundamental Signals (6/21/24)-Titan International Inc (NYSE: TWI)

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Recent important negative changes in fundamentals have affected Titan International Inc (NYSE: TWI): significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

Important negative changes in Titan International Inc (NYSE: TWI) investment behavior have recently occurred: the stock fell on very heavy volume.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Titan International has a good Appreciation Score of 84 but a very low Power Rating of 1, producing the Negative Value Trend Rating.

Recent Price Action

Titan International Inc (NYSE: TWI) stock declined by -2.2% on 6/21/24. The shares closed at $7.21. Moreover, exceptionally high trading volume at 652% of normal accompanied the decline. The stock has been extremely weak relative to the market over the last nine months and has declined -3.0% during the last week.

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