TWI Stock Recent News

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.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

WEST CHICAGO, Ill. , Nov. 14, 2023 /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 following investor conferences in the month of November: Three Part Advisors Midwest IDEAS Conference on Wednesday, November 15, 2023 (Dallas, TX):  Paul Reitz, CEO and David Martin, CFO will participate in a formal presentation and 1 on 1 investor meetings.

Titan International, Inc. (NYSE:TWI ) Q3 2023 Earnings Call Transcript November 2, 2023 9:00 AM ET Company Participants Alan Snyder - Vice President, Financial Planning and Analysis Paul Reitz - President and Chief Executive Officer David Martin - Senior Vice President and Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti & Company Kirk Ludtke - Imperial Capital Lawrence Maria - William Blair Operator Good morning, ladies and gentlemen, and welcome to the Titan International, Inc. Third Quarter 2023 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode and we will open up the floor for your questions and comments after the presentation.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.