Alert: Negative Investment/Fundamental Signals (3/8/24)-Titan International Inc (NYSE: TWI)

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

Significant negative changes in investment behavior have recently occurred for Titan International Inc (NYSE: TWI): the stock’s recent price decline challenged its longer term uptrend.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would 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 be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Titan International has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Titan International has a neutral Appreciation Score of 42 but a good Power Rating of 73, resulting in the Neutral Value Trend Rating.

Recent Price Action

Titan International Inc (NYSE: TWI) stock declined by -2.5% on 3/8/24. The shares closed at $12.69. Moreover, trading volume in this decline was above average at 135% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -0.5% during the last week.

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