Titan International (NYSE:TWI) Releases Earnings Results
by Jessica Moore · The Cerbat GemTitan International (NYSE:TWI – Get Free Report) posted its quarterly earnings results on Thursday. The industrial products company reported ($0.38) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.39), reports. Titan International had a negative return on equity of 3.00% and a negative net margin of 4.72%.The firm had revenue of $505.07 million during the quarter, compared to the consensus estimate of $497.23 million.
Here are the key takeaways from Titan International’s conference call:
- Q1 results came in near the high end of guidance with revenues up 2.9% year‑over‑year and adjusted EBITDA of $31 million, led by an 11% increase in the EMC segment.
- Management views agriculture as cyclical (slightly down in 2026) with a likely rebound in 2027); Titan expects to be a leading indicator for OEM orders thanks to its global footprint and LSW product advantages, but timing is uncertain.
- EMC and European wheel businesses are outperforming—driven by OEM demand and FX tailwinds—and the company is investing in product innovation (including new consumer Goodyear offerings) and benefiting from the Carlstar acquisition.
- Liquidity and leverage remain pressured: operating cash used $47M, free cash flow was negative $60M, and net debt ended the quarter at $441M (4.3x leverage); management says reducing leverage is a key goal.
- Near‑term margin headwinds include an approximately $3M Q2 operating margin impact from the war in Ukraine/Iran‑related cost spikes and timing mismatches on OEM contracts; Q2 guidance is $470M–$490M revenue and $25M–$30M adjusted EBITDA while full‑year guidance is unchanged.
Titan International Stock Performance
Shares of TWI stock traded up $0.29 during trading hours on Friday, hitting $7.91. The stock had a trading volume of 736,256 shares, compared to its average volume of 712,716. The firm has a market capitalization of $506.65 million, a PE ratio of -7.91 and a beta of 1.50. Titan International has a twelve month low of $6.43 and a twelve month high of $11.70. The stock’s 50 day moving average is $8.17 and its 200 day moving average is $8.39. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.19 and a quick ratio of 1.20.
Insiders Place Their Bets
In other Titan International news, major shareholder Aipct Holdings Llc sold 3,041,288 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $8.95, for a total value of $27,219,527.60. Following the completion of the sale, the insider owned 8,880,478 shares of the company’s stock, valued at approximately $79,480,278.10. This trade represents a 25.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 25.00% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Titan International
A number of institutional investors have recently made changes to their positions in TWI. Invesco Ltd. grew its stake in shares of Titan International by 85.1% in the fourth quarter. Invesco Ltd. now owns 1,579,219 shares of the industrial products company’s stock worth $12,365,000 after purchasing an additional 725,926 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Titan International by 4.6% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 58,657 shares of the industrial products company’s stock valued at $459,000 after purchasing an additional 2,573 shares during the last quarter. Empowered Funds LLC raised its position in Titan International by 2.7% during the fourth quarter. Empowered Funds LLC now owns 605,173 shares of the industrial products company’s stock valued at $4,739,000 after buying an additional 15,971 shares during the period. XTX Topco Ltd acquired a new position in Titan International during the fourth quarter valued at $209,000. Finally, Bridgeway Capital Management LLC raised its position in Titan International by 6.1% during the fourth quarter. Bridgeway Capital Management LLC now owns 584,813 shares of the industrial products company’s stock valued at $4,579,000 after buying an additional 33,585 shares during the period. 80.39% of the stock is currently owned by institutional investors.
Titan International News Summary
Here are the key news stories impacting Titan International this week:
- Positive Sentiment: Q1 revenue beat consensus — Titan reported first‑quarter sales above analysts’ forecasts, driven by strength in its off‑highway wheels, tires and undercarriage businesses. This top‑line surprise is the primary positive catalyst cited by the market. Titan International, Inc. Reports First Quarter Financial Results
- Positive Sentiment: Guidance updated — Titan gave Q2 revenue guidance of $470–$490 million and FY2026 revenue guidance of $1.9–$2.0 billion, roughly in line with or slightly above consensus revenue expectations, which supports the constructive reaction from investors.
- Positive Sentiment: Investor outreach — Management will participate in the Oppenheimer Industrial Growth Virtual Conference, increasing analyst and investor engagement that can help rerate the stock if management can demonstrate margin recovery or sustained revenue growth. TITAN INTERNATIONAL, INC. TO PARTICIPATE IN OPPENHEIMER INDUSTRIAL GROWTH CONFERENCE
- Neutral Sentiment: Earnings call transcript available — The full Q1 earnings call transcript is published and provides details on demand trends, channel dynamics and cost drivers; useful for investors doing a deeper read but not an immediate price driver by itself. Titan International, Inc. (TWI) Q1 2026 Earnings Call Transcript
- Neutral Sentiment: Preview and coverage — Multiple previews and recap articles highlight the revenue beat and areas to watch (costs, inventory, end‑market demand) but add little new information beyond the release. Titan International tops Q1 revenue forecasts
- Negative Sentiment: Small EPS miss and margin pressure — EPS missed estimates by about $0.01 and the company still shows negative net margins and modest returns on equity; investors worried about cost/fee pressure and profitability have sold shares at points this week. Why Titan International (TWI) shares are falling today
Analysts Set New Price Targets
Several brokerages have recently weighed in on TWI. Weiss Ratings reissued a “sell (d-)” rating on shares of Titan International in a research note on Wednesday, April 22nd. DA Davidson set a $13.00 price target on shares of Titan International in a report on Tuesday, March 3rd. Finally, Wall Street Zen cut shares of Titan International from a “hold” rating to a “sell” rating in a research note on Saturday. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Titan International currently has a consensus rating of “Hold” and an average target price of $12.00.
Check Out Our Latest Stock Analysis on Titan International
About Titan International
Titan International, Inc is a leading global manufacturer of wheels, tires and undercarriage systems designed for off-highway vehicles. The company serves a diverse range of markets including agricultural, construction, earthmoving and consumer segments. Titan’s product portfolio encompasses a variety of tire sizes and tread designs, steel and cast centers, wheels, tracks and complete wheel‐and‐tire assemblies tailored to meet the needs of tractors, combines, skid steers, loaders, haul trucks and other specialized equipment.
In addition to original equipment manufacturing, Titan provides extensive aftermarket support through its network of distributors and sales offices.