Titan America SA (NYSE:TTAM) Maintains Stable Pric…

From Financial Modeling Prep: 2025-03-26 07:00:00

Titan America SA (NYSE:TTAM) is a major player in the building materials industry, operating along the U.S. East Coast and globally. Analysts maintain a stable price target of $18.33 for the company. In 2024, Titan America reported a revenue of $1.63 billion, a 2.7% increase from the previous year. Despite strong performance, stock price has remained flat post IPO.

Goldman Sachs sets a price target of $19 for Titan America, showing optimism for future prospects. However, analysts are cautious due to potential margin reversion concerns. Titan America plans to raise $100 million through an IPO, with strong financial health and $143.7 million in free cash flow over the past year. New shareholders may have limited influence as it is a ‘controlled company’.

Investors should monitor Titan America’s earnings updates and strategic moves. The company’s focus on operations in Florida and its environmentally friendly network with lower CO2 emissions are factors that could impact its market position and growth. Analysts remain cautious about margin fluctuations, leading to a conservative stance before revising their neutral outlook.



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