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On Wednesday, Noble Capital analysts initiated coverage on Titan International stock (NYSE:TWI) with an outperform rating. The firm has set a price target of $11.00 for the stock, representing a 45% upside from the current price of $7.60. According to InvestingPro data, analyst targets range from $10.00 to $16.00.
Analysts at Noble Capital have expressed optimism about Titan International’s prospects, citing signs of an improving market environment. While tariff uncertainties remain a concern, InvestingPro analysis shows the company maintains strong liquidity with a current ratio of 2.26, though stock price movements have been notably volatile.
For the second quarter, Noble Capital projects Titan International to achieve revenue of $480 million and adjusted EBITDA of $31 million. The firm anticipates a loss of $0.02 per share for the quarter. This follows the company’s recent performance, with trailing twelve-month revenue of $1.85 billion and EBITDA of $85.8 million.
For the full year, Noble Capital forecasts $1,861 million in revenue and $113.8 million in adjusted EBITDA. The analysts expect a net loss of $0.15 per share and an adjusted net loss of $0.13 per share for the year. Get access to more detailed financial analysis and 12 additional ProTips for TWI through InvestingPro’s comprehensive research reports.
In other recent news, Titan International Inc. reported its first-quarter 2025 financial results, showcasing a mixed performance. The company exceeded revenue expectations, posting $491 million against a forecast of $460.68 million. However, it fell short on earnings per share (EPS), reporting $0.01 compared to the anticipated $0.04. This discrepancy indicates challenges in cost management or unexpected expenses. The company’s gross margin improved to 14%, up from 10.7% in the previous quarter, driven by strong performance in the consumer segment. Looking ahead, Titan International projects second-quarter revenue between $450 million and $500 million, with adjusted EBITDA guidance of $25 million to $35 million. Furthermore, Titan International’s strong raw material sourcing and manufacturing capabilities were highlighted during an earnings call, emphasizing its strategic positioning in the agricultural market. Despite market uncertainties, the company remains optimistic about its global operations and flexible production strategies.
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