In the past week, TWI stock has gone down by -8.82%, with a monthly decline of -14.95% and a quarterly plunge of -29.71%. The volatility ratio for the week is 3.00%, and the volatility levels for the last 30 days are 2.61% for Titan International, Inc. The simple moving average for the past 20 days is -10.87% for TWI’s stock, with a -19.03% simple moving average for the past 200 days.
Is It Worth Investing in Titan International, Inc. (NYSE: TWI) Right Now?
Titan International, Inc. (NYSE: TWI) has a higher price-to-earnings ratio of 8.45x compared to its average ratio, The 36-month beta value for TWI is at 1.97. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 2 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for TWI is 49.33M, and currently, shorts hold a 4.83% of that float. The average trading volume for TWI on May 02, 2024 was 295.07K shares.
TWI) stock’s latest price update
The stock price of Titan International, Inc. (NYSE: TWI) has plunged by -6.04 when compared to previous closing price of 11.17, but the company has seen a -8.82% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2024-02-18 that Titan International’s shares have seen upside of 20.4% since September 2023, nearly doubling the performance of the S&P 500. Despite worsening fundamental conditions, the company remains of high quality and shares are still cheap enough to justify continued upside. This is in spite of the high likelihood that the industry will continue to push pain onto the business.
TWI Trading at -15.32% from the 50-Day Moving Average
After a stumble in the market that brought TWI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.54% of loss for the given period.
Volatility was left at 2.61%, however, over the last 30 days, the volatility rate increased by 3.00%, as shares sank -17.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.84% lower at present.
During the last 5 trading sessions, TWI fell by -10.73%, which changed the moving average for the period of 200-days by -16.46% in comparison to the 20-day moving average, which settled at $11.67. In addition, Titan International, Inc. saw -29.47% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TWI starting from Eheli Anthony, who sale 2,500 shares at the price of $12.42 back on Mar 25 ’24. After this action, Eheli Anthony now owns 52,918 shares of Titan International, Inc., valued at $31,050 using the latest closing price.
Guinn Max A, the Director of Titan International, Inc., sale 18,402 shares at $12.49 during a trade that took place back on Sep 18 ’23, which means that Guinn Max A is holding 132,379 shares at $229,841 based on the most recent closing price.
Stock Fundamentals for TWI
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.16 for the gross margin
The net margin for Titan International, Inc. stands at 0.03. The total capital return value is set at 0.09. Equity return is now at value 18.57, with 6.12 for asset returns.
Based on Titan International, Inc. (TWI), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.91. The interest coverage ratio of the stock is 17.45.
Currently, EBITDA for the company is 192.38 million with net debt to EBITDA at 2.44. When we switch over and look at the enterprise to sales, we see a ratio of 0.64. The receivables turnover for the company is 4.94for trailing twelve months and the total asset turnover is 0.97. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.35.
Conclusion
In conclusion, Titan International, Inc. (TWI) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
