(TWI) Titan International - Ratings and Ratios

Titan International, Inc. is a leading global manufacturer and supplier of specialized wheels, tires, and undercarriage systems for off-highway vehicles, catering to diverse industries such as agriculture, construction, and consumer markets. The companys comprehensive product portfolio includes a wide range of wheels, tires, and components for various applications, from agricultural equipment like tractors and combines to heavy machinery used in earthmoving, mining, and construction.

Titans business is segmented into three primary categories: Agricultural, Earthmoving/Construction, and Consumer. The Agricultural segment provides wheels, tires, and components for farming equipment, while the Earthmoving/Construction segment serves the heavy machinery market. The Consumer segment offers products for outdoor power equipment, power sports, and other niche applications. The companys products are sold directly to original equipment manufacturers (OEMs) and through various distribution channels, including independent distributors and equipment dealers.

With a rich history dating back to 1890, Titan International has established itself as a prominent player in the industry, with its headquarters located in West Chicago, Illinois. The companys commitment to delivering high-quality products and innovative solutions has enabled it to maintain a strong presence in the global market.

Analyzing the , we observe that the stocks last price is $7.02, with a 20-day simple moving average (SMA) of $6.99, indicating a slight upward trend. The 50-day and 200-day SMAs are $7.67 and $7.70, respectively, suggesting a potential resistance level around $7.70. The average true range (ATR) is $0.51, representing a 7.32% volatility. Considering the , the market capitalization is approximately $446.57 million, with a forward price-to-earnings (P/E) ratio of 50.00, indicating a relatively high valuation.

Based on the and , a potential forecast for Titan International is that the stock may experience a short-term correction due to the high valuation and potential resistance at $7.70. However, if the company can demonstrate improved profitability and revenue growth, the stock may rebound and potentially break through the resistance level. A key level to watch is the 52-week high of $9.39, which could be a target for the stock if the companys fundamentals continue to improve. Conversely, a decline below the 52-week low of $6.27 could indicate a more significant downturn.