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Titan International Inc (TWI) |
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Price: $13.1300
$-0.22 
-1.648%
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| Day's High:
| $13.59
| Week Perf:
| 5.72 %
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| Day's Low: |
$ 13.13 |
30 Day Perf: |
10.8 % |
| Volume (M): |
507 |
52 Wk High: |
$ 17.29 |
| Volume (M$): |
$ 6,657 |
52 Wk Avg: |
$12.78 |
| Open: |
$13.36 |
52 Wk Low: |
$9.23 |
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| Market Capitalization (Millions $) |
830 |
| Shares
Outstanding (Millions) |
63 |
| Employees |
600 |
| Revenues (TTM) (Millions $) |
2,070 |
| Net Income (TTM) (Millions $) |
151 |
| Cash Flow (TTM) (Millions $) |
80 |
| Capital Exp. (TTM) (Millions $) |
55 |
Titan International Inc
Titan International, Inc. and its subsidiaries hold the position of being a global
wheel, tire and undercarriage industrial group servicing customers across its
target markets. As a leading manufacturer in the off-highway industry, Titan produces
a broad range of specialty products to meet the specifications of original equipment
manufacturers (OEMs) and aftermarket customers in the agricultural, earthmoving/construction
and consumer markets. As a manufacturer of both wheels and tires, the Company
is uniquely positioned to offer customers added value through complete wheel and
tire assemblies. Titans agricultural market includes rims, wheels, tires and
undercarriage systems and components manufactured for use on various agricultural
and forestry equipment. Titan’s earthmoving/construction market includes
rims, wheels, tires and undercarriage systems and components for various types
of off-the-road (OTR) earthmoving, mining, military and construction equipment.
The Companys consumer market includes bias truck tires in Latin America and light
truck tires in Russia, as well as products for all-terrain vehicles (ATVs).
As one of the few companies dedicated to off-highway wheels, tires and assemblies,
Titan’s engineering and manufacturing resources are focused on designing
quality products that address the needs of our end-users. Titan’s team
of experienced engineers continually work on new and improved engineered solutions
that evolve with today’s applications for the off-highway wheel, tire
and assembly markets.
Company Address: 1525 Kautz Road, Suite 600 West Chicago 60185 IL
Company Phone Number: 377-0486 Stock Exchange / Ticker: NYSE TWI
| TWI is expected to report next financial results on November 06, 2023. |
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Customers Net Income grew by |
TWI's Customers Net Profit Margin grew to |
112.08 % |
12.79 %
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| Stock Performances by Major Competitors |
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United States Steel Corp
United States Steel Corp (NYSE: X) experienced a challenging second quarter of 2023 earnings season, with net profit per share plummeting by a concerning -44.74% to $1.89, compared to $3.42 in the same period last year. However, it is important to note that the earnings per share grew significantly from the previous financial reporting period, more than doubling by an impressive 142.31% to $0.78 per share.
The company witnessed a decline in revenue, which crumbled by -20.382% to $5.01 billion, down from $6.29 billion in the comparable financial reporting period a year ago. However, sequentially the revenue showed some signs of recovery, advancing by 12.036% from $4.47 billion. While the bottom-line of $477 million for the second quarter of 2023 earnings season fell by -51.23% compared to $978 million in the corresponding period a year before, it is important to analyze the company's profitability indicators and future prospects.
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Greenwave Technology Solutions Inc
Greenwave Technology Solutions Inc recently released its financial results for the year ending June 30, 2023. The company has managed to significantly reduce its losses while experiencing a decrease in revenue. Analyzing these findings and their potential impact on the company's future is essential for understanding its future prospects.
Improved Losses and Decreased Revenue:
In the financial period closing June 30, 2023, Greenwave Technology Solutions Inc managed to reduce its losses per share from $-4.23 to $-0.20. While this is a substantial improvement, revenue decreased by 13.129% to $9.30 million compared to $10.70 million in the previous year. These contrasting figures suggest that the company's cost-cutting initiatives might have been successful, but it needs to address the decline in revenue.
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Friedman Industries Inc
Based on the information provided, it seems that Friedman Industries Inc has experienced a significant decline in both top-line and bottom-line figures in its Jun 30 2023 report. The net profit per share has dropped by a staggering -32.9% compared to the previous year, while the revenue has fallen by -15.145% year on year.
In terms of specific numbers, the revenue for this period was reported at $137.30 million, a notable decrease from $161.80 million in the previous year. Similarly, the earnings per share (eps) dropped from $1.55 to $1.04, marking a -32.9% decline.
While it is worth noting that profitability did grow by 30.95% compared to the preceding fiscal period, with earnings per share rising from $0.79 to $1.04, the overall figures are still lower than the previous year's levels. Furthermore, the revenue for this period advanced by just 10.558% compared to $124.19 million in the previous year, indicating a significant slowdown.
Moving on to the first quarter of the 2024 earnings season, the bottom-line figures took another hit, with net profit falling by -31.24% to $7.690 million. This is a significant decline from the $11.184 million reported in the corresponding period the year before.
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Carpenter Technology Corporation
Carpenter Technology Corporation, an Iron and Steel company, has shown impressive growth in the fourth quarter of 2023 compared to the same period the previous year. In terms of income per share, there was a staggering increase of 1316.26% to reach $0.76, while revenue soared by 313.695% to $2.33 billion. These figures represent a significant improvement from the preceding reporting period, where earnings per share increased by 100.63% to $0.38 per share, and revenue doubled by 2394.118% to $93.50 million.
The company's net earnings in the financial timeframe closing on June 30, 2023, amounted to $38.500 million, reflecting a substantial increase of 1380.77% compared to the net earnings of $2.600 million reported in the same period a year ago. While the operating margin fell to 2.7% in the June 30, 2023 timeframe, Carpenter Technology Corporation managed to improve its net margin to 1.65%.
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Nucor Corporation
As an avid investor and follower of the financial markets, I have been closely monitoring Nucor Corporation's recent financial results. For the second quarter of 2022, the company reported a mixed bag of numbers, with some concerning figures alongside promising indicators.
Starting with the income statement, it is evident that Nucor Corporation faced challenges during this period. The company's income fell by 24.25% to $5.81 per share compared to $7.67 a year prior. However, it is important to note that profits grew by an impressive 30.56% from $4.45 per share in the previous reporting period.
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| Per Share |
Current |
| Earnings (TTM) |
2.31 $ |
| Revenues (TTM) |
32.74 $
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| Cash Flow (TTM) |
1.26 $ |
| Cash |
-
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| Book Value |
7.13 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
2.31 $
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| Revenues (TTM) |
32.74 $ |
| Cash Flow (TTM) |
1.26 $ |
| Cash |
-
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| Book Value |
7.13 $ |
| Dividend (TTM) |
0 $ |
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0.33%