D.A. Davidson Keeps Their Buy Rating on Titan International (TWI)
D.A. Davidson analyst Michael Shlisky maintained a Buy rating on Titan International today and set a price target of $13.00.
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Shlisky covers the Industrials sector, focusing on stocks such as Wabash National, Aebi Schmidt Holding AG, and Deere. According to TipRanks, Shlisky has an average return of 5.2% and a 47.27% success rate on recommended stocks.
Titan International has an analyst consensus of Moderate Buy, with a price target consensus of $12.00.
Based on Titan International’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $505.07 million and a GAAP net loss of $24.21 million. In comparison, last year the company earned a revenue of $490.71 million and had a GAAP net loss of $649 thousand
Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TWI in relation to earlier this year.
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