Zacks Gives Neutral Rating to Titanium Metals Corp (TIE)
Shares of Titanium Metals Corp opened at 13.32 on Monday. Titanium Metals Corp has a 52 week low of $12.75 and a 52 week high of $19.46. The company has a market cap of $2.333 billion and a P/E ratio of 21.28.
Titanium Metals Corp last announced its earnings results on Tuesday, May 8th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.01. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. On average, analysts predict that Titanium Metals Corp will post $0.19 earnings per share next quarter.
Separately, analysts at Citigroup (NYSE: C) upgraded shares of Titanium Metals Corp from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, April 26th.
Titanium Metals Corporation (TIMET) is a producer of titanium melted and mill products. The Company has titanium production facilities in the United States and Europe.