Trade Report: Today, Recent Analysts’ Ratings Changes for Tower International (TOWR)

Today, Recent Analysts’ Ratings Changes for Tower International (TOWR)

Tower International (NYSE: TOWR) recently received a number of ratings updates from brokerages and research firms:

Tower International Inc. (NYSE:TOWR) traded down 0.19% on Friday, reaching $26.30. The company’s stock had a trading volume of 47,244 shares. The firm has a market cap of $534.92 million, a price-to-earnings ratio of 3.37 and a beta of 1.90. The firm has a 50 day moving average of $23.47 and a 200 day moving average of $22.60. Tower International Inc. has a 12 month low of $18.75 and a 12 month high of $31.41.

Tower International (NYSE:TOWR) last announced its earnings results on Wednesday, November 2nd. The company reported $0.90 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.10. The company had revenue of $457 million for the quarter, compared to analysts’ expectations of $468.20 million. Tower International had a return on equity of 148.27% and a net margin of 8.48%. Tower International’s quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.54 earnings per share. Analysts anticipate that Tower International Inc. will post $3.31 earnings per share for the current year.

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