Titan America (NYSE:TTAM) Issues Earnings Results, Misses Estimates By $0.01 EPS

Titan America (NYSE:TTAM) posted its quarterly earnings results on Wednesday. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.01), Zacks reports.

Titan America Stock Performance

TTAM opened at $13.66 on Wednesday. Titan America has a 52 week low of $12.61 and a 52 week high of $17.78.

Analyst Ratings Changes

TTAM has been the subject of a number of analyst reports. Bank of America initiated coverage on shares of Titan America in a research note on Tuesday, March 4th. They set a “neutral” rating and a $16.50 target price for the company. Hsbc Global Res raised Titan America to a “strong-buy” rating in a research report on Wednesday, March 12th. Stifel Nicolaus initiated coverage on Titan America in a report on Tuesday, March 4th. They issued a “buy” rating and a $19.00 price objective on the stock. The Goldman Sachs Group started coverage on Titan America in a research note on Tuesday, March 4th. They set a “neutral” rating and a $19.00 target price for the company. Finally, BNP Paribas upgraded shares of Titan America to a “hold” rating in a research note on Tuesday, March 4th. Four investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Titan America has an average rating of “Moderate Buy” and an average price target of $18.36.

Titan America Company Profile

Titan America is a leading vertically integrated, multi-regional manufacturer and supplier of heavy building materials and services operating primarily on the Eastern Seaboard of the United States (the “Eastern Seaboard”). We are a leading provider of materials that contribute to lower carbon emissions than traditional building materials and/or beneficial reuse of waste materials.