Desjardins Weighs in on Titanium Transportation Group Inc.’s Q2 2021 Earnings (CVE:TTR)

Titanium Transportation Group Inc. (CVE:TTR) – Research analysts at Desjardins decreased their Q2 2021 EPS estimates for shares of Titanium Transportation Group in a research note issued on Wednesday, May 12th. Desjardins analyst B. Poirier now expects that the company will post earnings per share of $0.03 for the quarter, down from their previous forecast of $0.04. Desjardins currently has a “Buy” rating and a $6.00 target price on the stock. Desjardins also issued estimates for Titanium Transportation Group’s Q4 2021 earnings at $0.06 EPS, FY2021 earnings at $0.18 EPS, FY2022 earnings at $0.26 EPS and FY2023 earnings at $0.30 EPS.

Separately, Cormark set a C$6.25 target price on shares of Titanium Transportation Group in a report on Friday.

Shares of Titanium Transportation Group stock opened at C$3.90 on Friday. The company has a debt-to-equity ratio of 128.19, a quick ratio of 1.18 and a current ratio of 1.24. Titanium Transportation Group has a 52-week low of C$1.06 and a 52-week high of C$4.34. The stock has a market capitalization of C$169.48 million and a price-to-earnings ratio of 22.94. The company’s 50 day moving average price is C$3.92 and its 200-day moving average price is C$3.11.

Titanium Transportation Group (CVE:TTR) last posted its quarterly earnings results on Tuesday, March 9th. The company reported C$0.06 EPS for the quarter, topping the consensus estimate of C$0.03 by C$0.03. The business had revenue of C$65.85 million for the quarter, compared to analysts’ expectations of C$52.30 million.

About Titanium Transportation Group

Titanium Transportation Group Inc, together with its subsidiaries, provides asset-based transportation and logistics services in North America. It operates through two segments, Truck Transportation and Logistics. The Truck Transportation segment provides pickup and delivery of general merchandise by long-haul, dedicated, and local trucking services through various trailer types, including 53' dry vans, flatbeds, step-decks, heavy axle trailers, and other specialty equipment.

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Earnings History and Estimates for Titanium Transportation Group (CVE:TTR)

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