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

Titan America (NYSE:TTAM) posted its quarterly earnings data 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 Down 1.5 %

TTAM stock opened at $13.43 on Thursday. Titan America has a 1 year low of $12.61 and a 1 year high of $17.78.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. The Goldman Sachs Group started coverage on Titan America in a research note on Tuesday, March 4th. They issued a “neutral” rating and a $19.00 price target on the stock. Stifel Nicolaus assumed coverage on Titan America in a research report on Tuesday, March 4th. They issued a “buy” rating and a $19.00 price target for the company. Jefferies Financial Group initiated coverage on shares of Titan America in a research report on Wednesday, March 5th. They set a “buy” rating and a $19.00 price objective on the stock. Hsbc Global Res raised shares of Titan America to a “strong-buy” rating in a report on Wednesday, March 12th. Finally, Bank of America began coverage on shares of Titan America in a report on Tuesday, March 4th. They set a “neutral” rating and a $16.50 price target on the stock. Four research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price 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.