Titan International traded at $6.90 this Friday August 14th, increasing $0.11 or 1.62 percent since the previous trading session. Looking back, over the last four weeks, Titan International gained 9.69 percent. Over the last 12 months, its price fell by 18.92 percent. Looking ahead, we forecast Titan International to be priced at 6.75 by the end of this quarter and at 6.33 in one year, according to Trading Economics global macro models projections and analysts expectations.
Titan International, Inc. is a global manufacturer of off-highway wheels, tires, assemblies and undercarriage products. As a manufacturer in the off-highway industry, it produces a range of products to meet the specifications of original equipment manufacturers (OEMs). It manufactures and sells certain tires under the Goodyear Farm Tire and Titan Tire brands and has complete research and development test facilities to validate wheel and rim designs. It operates through three segments: Agricultural, Earthmoving/Construction and Consumer. Agricultural segment rims, wheels, tires, and undercarriage systems and components are manufactured for use on various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment, and are sold directly to OEMs and to the aftermarket through independent distributors, equipment dealers, and Titan’s distribution centers.