TWI Stock Recent News
TWI LATEST HEADLINES
VPO offers a high-performing, durable alternative to tweel wheels CHICAGO , Oct. 15, 2024 /PRNewswire/ -- Titan International Inc. (Titan) and the recently acquired Carlstar Group are proud to announce the launch of its Variable Pressure Operation (VPO™) Technology™ at Equip Exposition, from October 15-18 in Louisville, Kentucky. This innovative flat-proof technology offers a versatile solution as an alternative to tweel wheels, and other airless polyurethane spoke wheel options, by providing the ability to effectively operate machinery at various inflation pressures — even down to zero psi.
CHICAGO , Oct. 9, 2024 /PRNewswire/ -- Titan International, Inc. will release its third quarter 2024 financial results after the close of the market on Wednesday, October 30, 2024 to be followed by a teleconference and webcast on Thursday, October 31, 2024 at 9:00 a.m. Eastern Time.
Titan International is a leading global manufacturer of wheels, tires, and undercarriage products for sectors outside regular autos and semis. The company's acquisition of Carlstar has strengthened its market penetration, while maintaining a strong balance sheet. Shares are trading close to tangible book value, making it a potential takeover or take private proposition with a strong business setup and manageable debt load.
Titan International, Inc. (NYSE:TWI ) Q2 2024 Earnings Call August 1, 2024 9:00 AM ET Company Participants Alan Snyder - Vice President, Financial Planning and Investor Relations Paul Reitz - President and Chief Executive Officer David Martin - Senior Vice President and Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti Tom Kerr - Zacks Small-Cap Research Kirk Ludtke - Imperial Capital Operator Good morning, ladies and gentlemen and welcome to the Titan International, Inc. Second Quarter 2024 Earnings Conference Call. [Operator Instructions] It is now my pleasure to turn the floor over to Alan Snyder, Vice President, Financial Planning and Investor Relations for Titan.
Delivers Strong Results Despite Challenging Industry Conditions, with Free Cash Flow of $53 million; Adjusted EBITDA of $49 Million; and Adjusted EPS of $0.10 Solid Balance Sheet Combined with Operational Diversity From Carlstar Acquisition Expected to Continue Yielding Positive Results WEST CHICAGO, Ill. , July 31, 2024 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported financial results for the second quarter ended June 30, 2024.
CHICAGO , July 10, 2024 /PRNewswire/ -- Titan International, Inc. will release its second quarter 2024 financial results after the close of the market on Wednesday, July 31, 2024 to be followed by a teleconference and webcast on Thursday, August 1, 2024 at 9:00 a.m. Eastern Time.
Titan International is a leading producer of specialty tires for various industries, facing challenges due to high interest rates impacting the farming sector. Stock price has dropped significantly, but recent strategic moves and low valuation suggest potential for rebound. Potential upside catalysts include expected interest rate cuts and recent acquisition, while downside risks include trade issues and economic downturn.
WEST CHICAGO, Ill. , June 4, 2024 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today announced that management will participate in the upcoming Wells Fargo Industrials Conference in Chicago, IL.
WEST CHICAGO, Ill. , May 29, 2024 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported that its board of directors plans to discuss with its largest shareholder, American Industrial Partners ("AIP"), a possible amendment of the parties' Stockholder Agreement to allow AIP to increase its ownership of TWI common stock in open market purchases.
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.