Tower International Inc (TOWR) EPS Estimated At $0.77

October 13, 2017 - By Winifred Garcia

 Tower International Inc (TOWR) EPS Estimated At $0.77
Investors sentiment increased to 1.18 in 2017 Q2. Its up 0.15, from 1.03 in 2017Q1. It is positive, as 18 investors sold Tower International Inc shares while 37 reduced holdings. 21 funds opened positions while 44 raised stakes. 18.03 million shares or 0.08% less from 18.04 million shares in 2017Q1 were reported.
Thompson Siegel Walmsley Ltd holds 29,524 shares or 0.01% of its portfolio. Financial Bank Of Mellon invested in 263,023 shares. Prudential Public Limited reported 0.05% stake. Secor Advsr Ltd Partnership invested 0.15% in Tower International Inc (NYSE:TOWR). Victory Capital Mngmt, Ohio-based fund reported 58,762 shares. Tower Rech Cap Lc (Trc) invested in 1,220 shares. Grantham Mayo Van Otterloo & Llc holds 58,565 shares. Putnam Investments Limited Liability Corp has invested 0% of its portfolio in Tower International Inc (NYSE:TOWR). Voya Investment Management Lc stated it has 0% in Tower International Inc (NYSE:TOWR). Tudor Inv Et Al has 0.01% invested in Tower International Inc (NYSE:TOWR) for 14,277 shares. Bridgeway Capital Mngmt holds 186,300 shares. State Board Of Administration Of Florida Retirement invested in 18,167 shares. Wells Fargo And Commerce Mn holds 0% or 217,493 shares. The Pennsylvania-based Vanguard Group Incorporated has invested 0% in Tower International Inc (NYSE:TOWR). Phocas Fincl Corp stated it has 0.54% in Tower International Inc (NYSE:TOWR).

Analysts await Tower International Inc (NYSE:TOWR) to report earnings on November, 1. They expect $0.77 earnings per share, down 14.44 % or $0.13 from last year’s $0.9 per share. TOWR’s profit will be $15.80M for 8.98 P/E if the $0.77 EPS becomes a reality. After $0.97 actual earnings per share reported by Tower International Inc for the previous quarter, Wall Street now forecasts -20.62 % negative EPS growth. The stock increased 0.18% or $0.05 during the last trading session, reaching $27.65. About 61,066 shares traded. Tower International Inc (NYSE:TOWR) has risen 16.50% since October 14, 2016 and is uptrending. It has underperformed by 0.20% the S&P500.

Tower International Inc (NYSE:TOWR) Ratings Coverage

Among 5 analysts covering Tower International Inc (NYSE:TOWR), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Tower International Inc had 7 analyst reports since October 20, 2015 according to SRatingsIntel. On Friday, June 30 the stock rating was maintained by FBR Capital with “Buy”. The stock of Tower International Inc (NYSE:TOWR) earned “Neutral” rating by Citigroup on Wednesday, February 15. The rating was initiated by Seaport Global with “Buy” on Tuesday, August 9. The rating was upgraded by Wells Fargo on Monday, March 21 to “Outperform”. The stock of Tower International Inc (NYSE:TOWR) earned “Market Perform” rating by Wells Fargo on Friday, April 29. JP Morgan reinitiated Tower International Inc (NYSE:TOWR) rating on Friday, April 29. JP Morgan has “Neutral” rating and $27 target.

Tower International, Inc. is a global maker of engineered automotive structural metal components and assemblies primarily serving original equipment manufacturers . The company has market cap of $567.41 million. The Company’s product portfolio includes body-structure stampings, frame and other chassis structures, and welded assemblies for small and large cars, crossovers, pickups and sport utility vehicles (SUVs). It has a 8.58 P/E ratio. The Firm offers body structures and assemblies, including structural metal components, such as body pillars, roof rails and side sills.

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