EPS for Tower International Inc (TOWR) Expected At $0.77

October 13, 2017 - By Adrian Erickson

 EPS for Tower International Inc (TOWR) Expected At $0.77
Investors sentiment increased to 1.18 in 2017 Q2. Its up 0.15, from 1.03 in 2017Q1. It improved, 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.
Dimensional Fund Advsr Limited Partnership holds 0.01% or 1.11 million shares. Howe Rusling reported 140 shares. Swiss Comml Bank reported 0% in Tower International Inc (NYSE:TOWR). Northern Tru reported 222,111 shares. Sterneck Cap Ltd Liability Corporation holds 0.7% of its portfolio in Tower International Inc (NYSE:TOWR) for 52,003 shares. Goldman Sachs Group Inc has invested 0% of its portfolio in Tower International Inc (NYSE:TOWR). Barclays Public Limited holds 0% or 8,139 shares in its portfolio. Prudential Plc owns 688,000 shares or 0.05% of their US portfolio. Prudential Financial Inc holds 0.01% of its portfolio in Tower International Inc (NYSE:TOWR) for 431,569 shares. Nationwide Fund Advsr has invested 0.01% in Tower International Inc (NYSE:TOWR). Employees Retirement System Of Ohio holds 0% or 2,370 shares in its portfolio. Cap Fund, France-based fund reported 18,000 shares. Chicago Equity Prtnrs Lc owns 29,990 shares for 0.02% of their portfolio. Globeflex Cap L P accumulated 0.34% or 61,988 shares. Bluemountain Cap Limited Co stated it has 0.08% of its portfolio in Tower International Inc (NYSE:TOWR).

Wall Street await Tower International Inc (NYSE:TOWR) to release earnings on November, 1. Analysts forecast earnings per share of $0.77, down exactly $0.13 or 14.44 % from 2014’s $0.9 EPS. The expected TOWR’s profit could reach $15.80M giving the stock 8.98 P/E in the case that $0.77 earnings per share is reported. After posting $0.97 EPS for the previous quarter, Tower International Inc’s analysts now forecast -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. The firm earned “Outperform” rating on Monday, March 21 by Wells Fargo. The stock of Tower International Inc (NYSE:TOWR) has “Market Perform” rating given on Friday, April 29 by Wells Fargo. Seaport Global initiated Tower International Inc (NYSE:TOWR) on Tuesday, August 9 with “Buy” rating. The firm earned “Neutral” rating on Friday, April 29 by JP Morgan. FBR Capital maintained the stock with “Buy” rating in Friday, June 30 report. The firm earned “Neutral” rating on Wednesday, February 15 by Citigroup.

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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