Titan International (NYSE:TWI) Stock Price Up 7.6% - What's Next?

Titan International, Inc. (NYSE:TWI - Get Free Report) shares shot up 7.6% on Monday . The stock traded as high as $8.89 and last traded at $8.8350. 70,579 shares were traded during mid-day trading, a decline of 89% from the average session volume of 627,113 shares. The stock had previously closed at $8.21.Get Titan International alerts:Analyst Upgrades and DowngradesTWI has been the subject of several research analyst reports. Wall Street Zen raised shares of Titan International from a "sell" rating to a "hold" rating in a report on Saturday, November 8th. Weiss Ratings restated a "sell (e+)" rating on shares of Titan International in a research report on Monday, December 1st. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $11.33.View Our Latest Research Report on TWITitan International Trading Up 3.4%The company has a debt-to-equity ratio of 0.97, a current ratio of 2.28 and a quick ratio of 1.25. The company has a market capitalization of $542.81 million, a price-to-earnings ratio of -84.95 and a beta of 1.39. The business's 50-day moving average price is $7.75 and its two-hundred day moving average price is $8.46. Titan International (NYSE:TWI - Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The industrial products company reported $0.04 EPS for the quarter, topping analysts' consensus estimates of ($0.03) by $0.07. The firm had revenue of $466.47 million for the quarter, compared to analyst estimates of $458.74 million. Titan International had a positive return on equity of 1.38% and a negative net margin of 0.34%. Research analysts predict that Titan International, Inc. will post 0.03 earnings per share for the current year. Institutional Investors Weigh In On Titan InternationalSeveral institutional investors and hedge funds have recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Titan International by 60.9% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,636 shares of the industrial products company's stock valued at $140,000 after buying an additional 6,297 shares during the period. Jefferies Financial Group Inc. bought a new position in Titan International in the first quarter valued at approximately $143,000. Charles Schwab Investment Management Inc. raised its position in Titan International by 38.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 685,446 shares of the industrial products company's stock valued at $5,751,000 after purchasing an additional 191,035 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Titan International during the first quarter valued at approximately $281,000. Finally, Donald Smith & CO. Inc. lifted its stake in Titan International by 51.6% during the first quarter. Donald Smith & CO. Inc. now owns 759,486 shares of the industrial products company's stock worth $6,372,000 after purchasing an additional 258,581 shares during the last quarter. Institutional investors own 80.39% of the company's stock. Titan International Company Profile (Get Free Report)Titan International, Inc, together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in the United States and internationally. The company operates in Agricultural, Earthmoving/Construction, and Consumer segments. It offers wheels, tires, and undercarriage systems and components for various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment.Recommended StoriesFive stocks we like better than Titan InternationalWhat is Insider Trading? What You Can Learn from Insider TradingD-Wave's 22% Surge: What's Behind the December Rally?Stock Average Calculator Netflix Wins the Streaming Wars: The $82B Warner Bros. DealThe Basics of Support and Resistance5 Robotics Stocks Catching Momentum After New Policy TailwindsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Titan International Right Now?Before you consider Titan International, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Titan International wasn't on the list.While Titan International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here