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

11.74USD-0.20 (-1.68%)Market Closed

Market Summary

USD11.74-0.20

Market Closed

-1.68%

TWI Stock Price

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TWI RSI Chart

TWI Valuation

Market Cap

712.0M

Price/Earnings (Trailing)

9.04

Price/Sales (Trailing)

0.39

EV/EBITDA

6.56

Price/Free Cashflow

6.01

TWI Price/Sales (Trailing)

TWI Profitability

EBT Margin

6.02%

Return on Equity

16.86%

Return on Assets

6.11%

Free Cashflow Yield

16.65%

TWI Fundamentals

TWI Revenue

Revenue (TTM)

1.8B

Rev. Growth (Yr)

-23.46%

Rev. Growth (Qtr)

-2.88%

TWI Earnings

Earnings (TTM)

78.8M

Earnings Growth (Yr)

-106.1%

Earnings Growth (Qtr)

-113.3%

Breaking Down TWI Revenue

Last 7 days

-4.6%

Last 30 days

-5.5%

Last 90 days

-15.3%

Trailing 12 Months

7.5%

How does TWI drawdown profile look like?

TWI Financial Health

Current Ratio

2.35

Debt/Equity

0.88

Debt/Cashflow

0.44

TWI Investor Care

Buy Backs (1Y)

3.54%

Diluted EPS (TTM)

1.25

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
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

Try For Just $1.99

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
Apr 12, 2024	AdvisorNet Financial, Inc	sold off	-100	-238	-	-%
Apr 05, 2024	CWM, LLC	reduced	-12.97	-28,000	75,000	-%
Apr 05, 2024	GAMMA Investing LLC	reduced	-15.47	-3,962	9,868	-%
Apr 03, 2024	Versant Capital Management, Inc	unchanged	-	-1,576	8,111	-%
Apr 03, 2024	WealthCollab, LLC	new	-	6,444	6,444	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	reduced	-7.07	1,608	55,905	-%
Mar 11, 2024	VANGUARD GROUP INC	added	4.15	7,677,710	57,556,700	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	93.03	2,722,340	5,113,100	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	reduced	-0.96	37,553	423,276	-%
Feb 26, 2024	SYON CAPITAL LLC	new	-	243,690	243,690	0.03%

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
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
Feb 10, 2022	vanguard group inc	5.28%	3,291,873	SC 13G

Recent SEC filings of Titan International Inc

View All Filings

Date Filed	Form Type	Document
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 19, 2024	8-K	Current Report
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading
Mar 12, 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	185.9B	67.1B	4.91%	62.74%	17.99	2.77	12.84%	54.12%
GE	167.3B	68.0B	-8.99%	61.05%	17.65	2.46	16.96%	2688.24%
CMI	42.0B	34.1B	7.61%	26.60%	49.95	1.23	21.34%	-61.52%
AME	41.4B	6.6B	-1.34%	29.44%	31.5	6.27	7.26%	13.25%
ACM	12.7B	14.9B	2.29%	13.25%	206.11	0.86	12.31%	-81.65%
MID-CAP
APG	9.6B	6.9B	3.23%	84.85%	62.68	1.38	5.64%	109.59%
FLR	6.9B	15.5B	4.34%	32.65%	49.68	0.44	12.59%	-4.48%
FLS	6.1B	4.3B	4.86%	39.56%	32.6	1.41	19.51%	-1.03%
ACA	3.9B	2.3B	-1.62%	34.00%	24.51	1.69	2.90%	-35.23%
ALG	2.6B	1.7B	4.91%	21.82%	18.98	1.53	11.63%	33.59%
SMALL-CAP
AMRC	1.0B	1.4B	-5.55%	-56.18%	16.75	0.76	-24.65%	-34.19%
NKLA	868.1M	35.8M	1.56%	-20.73%	-0.9	24.22	-27.93%	-23.21%
AGX	789.2M	573.3M	21.73%	53.04%	24.39	1.38	26.00%	-2.24%
AMSC	370.7M	135.4M	-14.16%	185.11%	-22.6	2.74	-25.90%	65.37%
ADES	250.6M	99.2M	33.22%	314.29%	-20.46	2.53	-3.69%	-37.37%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-2.9%	390	402	481	549	510	531	573	556	488	450	439	404	327	305	286	342	302	346	391	410	363
Gross Profit	-11.7%	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	37.00
S&GA Expenses	-4.7%	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	32.00
R&D Expenses	-0.9%	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	3.00
EBITDA Margin	-11.4%	0.09*	0.11*	0.12*	0.13*	0.13*	0.13*	0.11*	0.08*	0.07*	0.06*	0.05*	0.05*	-	-	-	-	-	-	-	-	-
Interest Expenses	-33.9%	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	6.00
Income Taxes	-149.2%	-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	3.00
Earnings Before Taxes	-114.8%	-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	-11.05
EBT Margin	-16.7%	0.06*	0.07*	0.08*	0.10*	0.09*	0.09*	0.08*	0.04*	0.03*	0.01*	-0.01*	-0.01*	-	-	-	-	-	-	-	-	-
Net Income	-113.3%	-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	-12.29
Net Income Margin	-32.0%	0.04*	0.06*	0.07*	0.09*	0.08*	0.08*	0.06*	0.03*	0.03*	0.00*	-0.01*	-0.02*	-	-	-	-	-	-	-	-	-
Free Cashflow	-46.6%	20.00	37.00	49.00	12.00	44.00	40.00	56.00	-26.15	-1.54	6.00	-7.30	-24.82	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.5%	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	1,251
Current Assets	-0.5%	877	881	934	970	910	901	929	911	813	796	772	716	659	638	641	639	651	732	786	837	779
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	82.00
Inventory	1.4%	365	360	378	389	397	413	423	424	393	373	345	313	294	284	295	306	333	352	385	412	396
Net PPE	6.4%	322	302	308	300	297	288	297	298	301	303	310	308	320	325	338	344	368	366	376	379	385
Liabilities	-0.3%	822	825	854	922	901	926	984	1,024	956	945	924	882	831	822	830	856	850	916	926	965	861
Current Liabilities	-0.7%	372	375	403	468	446	471	497	492	451	437	414	382	330	315	299	342	327	366	393	439	375
Long Term Debt	-0.1%	409	410	412	413	415	415	441	485	452	451	453	441	434	432	462	445	438	465	445	433	410
Shareholder's Equity	7.8%	467	433	451	423	381	321	306	246	227	175	178	164	176	169	177	179	239	248	288	290	270
Retained Earnings	-1.5%	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	-29.05
Additional Paid-In Capital	0.3%	569	567	566	564	566	564	563	562	562	536	535	534	533	532	532	533	532	534	528	528	519
Shares Outstanding	-0.2%	62.00	63.00	63.00	63.00	63.00	63.00	63.00	64.00	62.00	62.00	62.00	61.00	-	-	-	-	-	-	-	-	-
Minority Interest	1324.1%	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	-8.95
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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-23.4%	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	-3,470
Share Based Compensation	3.4%	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	283
Cashflow From Investing	-38.9%	-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	-11,917
Cashflow From Financing	-12.9%	-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	467
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	301	302	303	302	298	301	301
Buy Backs	6.6%	13,515	12,674	5,097	1,293	-	-	-	25,000	-	-	-	-	-	-	-	-	-	-	-	-	-

TWI Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net sales	$ 1,821,800	$ 2,169,380	$ 1,780,215
Cost of sales	1,515,951	1,808,670	1,542,673
Gross profit	305,849	360,710	237,542
Selling, general and administrative expenses	134,938	132,792	131,772
Research and development expenses	12,539	10,404	10,104
Royalty expense	9,645	11,712	10,491
Income from operations	148,727	205,802	85,175
Interest expense, net	(18,785)	(29,796)	(32,221)
Loss on senior note repurchase	0	0	(16,020)
Foreign exchange (loss) gain	(22,822)	927	12,020
Other income	2,628	25,420	2,086
Income before income taxes	109,748	202,353	51,040
Provision for income taxes	26,042	23,167	1,149
Net income	83,706	179,186	49,891
Net income attributable to noncontrolling interests	(4,946)	(2,884)	(305)
Net income applicable to common shareholders	$ 78,760	$ 176,302	$ 49,586
Earnings (loss) per common share:
Basic	$ 1.26	$ 2.80	$ 0.80
Diluted	$ 1.25	$ 2.77	$ 0.79
Average common shares outstanding:
Basic	62,452	63,040	62,100
Diluted	62,961	63,691	62,685

TWI Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations	$ 220,251	$ 159,577
Accounts receivable, net	219,145	266,758
Inventories	365,156	397,223
Prepaid and other current assets	72,229	86,070
Total current assets	876,781	909,628
Property, plant and equipment, net	321,694	296,605
Operating Lease, Right-of-Use Asset	11,955	8,932
Deferred income taxes	38,033	38,736
Other long-term assets	40,782	30,729
Total assets	1,289,245	1,284,630
Current liabilities
Short-term debt	16,913	30,857
Accounts payable	201,201	263,376
Other current liabilities	154,261	151,928
Total current liabilities	372,375	446,161
Long-term debt	409,178	414,761
Deferred income taxes	2,234	3,425
Other long-term liabilities	38,043	37,145
Total liabilities	821,830	901,492
Titan stockholders' equity
Common stock ($0.0001 par, 120,000,000 shares authorized, 66,525,269 issued at December 2023 and 66,525,269 at December 2022)	0	0
Additional paid-in capital	569,065	565,546
Retained earnings	169,623	90,863
Treasury stock (at cost, 5,809,414 shares at December 2023 and 3,681,308 shares at December 2022)	(52,585)	(23,418)
Accumulated other comprehensive loss	(219,043)	(251,755)
Total Titan stockholders’ equity	467,060	381,236
Noncontrolling interests	355	1,902
Total equity	467,415	383,138
Total liabilities and equity	1,289,245	1,284,630
Accounts Receivable, Allowance for Credit Loss, Current	$ 5,340	$ 6,170
Common Stock, Shares, Issued	66,525,269	66,525,269
Common Stock, No Par Value	$ 0.0001
Common Stock, Shares Authorized	120,000,000
Treasury Stock, Shares	5,809,414	3,681,308

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 Mon Apr 15 2024, market cap of Titan International Inc is 711.98 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 Mon Apr 15 2024, TWI's PE ratio (Price to Earnings) is 9.04 and Price to Sales (PS) ratio is 0.39. 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 -0.039 (multiply by 100 for percentage) rate of return.