Last $35.14 USD
Change Today +1.61 / 4.80%
Volume 228.8K
TOWR On Other Exchanges
Symbol
Exchange
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As of 8:04 PM 09/2/14 All times are local (Market data is delayed by at least 15 minutes).

tower international inc (TOWR) Snapshot

Open
$33.49
Previous Close
$33.53
Day High
$35.37
Day Low
$33.49
52 Week High
07/1/14 - $37.50
52 Week Low
10/8/13 - $18.86
Market Cap
728.1M
Average Volume 10 Days
153.6K
EPS TTM
$2.78
Shares Outstanding
20.7M
EX-Date
--
P/E TM
12.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for TOWER INTERNATIONAL INC (TOWR)

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tower international inc (TOWR) Details

Tower International, Inc. manufactures and sells engineered structural metal components and assemblies for the automotive original equipment manufacturers in the Americas and Internationally. It operates through two segments, the Americas and International. The company offers body-structure stampings, frames, and other chassis structures, as well as complex welded assemblies for small and large cars, crossovers, pickups, and sport utility vehicles (SUVs). It also provides body structures and assemblies comprising structural metal components, including body pillars, roof rails, and side sills; and Class A surfaces and assemblies that consist of body sides, hoods, doors, fenders, and pickup truck boxes. In addition, the company offers lower vehicle frames and structures, such as pickup truck and SUV full frames, automotive engine and rear suspension cradles, floor pan components, and cross members; and stamped, formed, and welded suspension components, including control arms, suspension links, track bars, spring and shock towers, shackles, twist axles, radius arms, stabilizer bars, trailing axles, and brackets. Further, it provides body-in-white assemblies comprising front and rear floor pan assemblies, and door/pillar assemblies. The company was formerly known as Tower Automotive, LLC and changed its name to Tower International, Inc. in October 2010. Tower International, Inc. was founded in 1993 and is headquartered in Livonia, Michigan.

8,700 Employees
Last Reported Date: 03/7/14
Founded in 1993

tower international inc (TOWR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $840.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $472.5K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $577.5K
President of Tower Europe
Total Annual Compensation: $502.8K
President of Americas
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2013.

tower international inc (TOWR) Key Developments

Tower International, Inc. Presents at Midwest IDEAS Investor Conference 2014, Aug-27-2014 11:30 AM

Tower International, Inc. Presents at Midwest IDEAS Investor Conference 2014, Aug-27-2014 11:30 AM. Venue: Chicago Hard Rock Hotel, 230 N. Michigan Avenue, Chicago, Illinois, United States.

Tower International, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Revised Earnings Guidance for the Full Year of 2014

Tower International, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company’s revenues were $576,566,000 against $555,878,000 a year ago. Operating income was $27,206,000 against $20,585,000 a year ago. Net income attributable to company was $16,096,000 or $0.75 basic and diluted per share against net loss attributable to company of $45,111,000 or $2.22 basic and diluted per share a year ago. Adjusted EBITDA was $59,096,000 against $62,215,000 a year ago. Diluted adjusted income was $0.93 per share against $1.03 per share a year ago. For the six months, the company’s revenues were $1,124,941,000 against $1,090,018,000 a year ago. Operating income was $52,600,000 against $41,763,000 a year ago. Net income attributable to company was $30,951,000 or $1.50 diluted per share against income of $42,563,000 or $2.10 diluted per share a year ago. Adjusted EBITDA was $113,310,000 against $114,281,000 a year ago. Diluted adjusted income was $1.66 per share against $1.36 per share a year ago. Net cash provided by continuing operating activities was $22,753,000 against $11,802,000 a year ago. Cash disbursed for purchases of property, plant and equipment, net was $34,262,000 against $30,192,000 a year ago. Net debt as on June 30, 2014 was $372,751,000. The company revised earnings guidance for the full year of 2014. For full year 2014, the company is increasing its outlook for revenue by $25 million to $50 million, to $2.20 billion to $2.225 billion. The company now expects adjusted EBITDA of $217 million to $220 million, up $2 million to $5 million from prior guidance, and adjusted earnings per share of $2.95 to $3.05, an increase of 5 cents to 15 cents. The company business model is revised to increase the target for adjusted free cash flow to 4% of revenue in 2016, up from the prior target of 3% of revenue by 2015, reflecting anticipated further improvement in adjusted EBITDA less capital expenditures and a further decrease in interest expense.

Tower International, Inc. to Report Q2, 2014 Results on Jul 31, 2014

Tower International, Inc. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Jul 31, 2014

 

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TOWR:US $35.14 USD +1.61

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Industry Analysis

TOWR

Industry Average

Valuation TOWR Industry Range
Price/Earnings 13.2x
Price/Sales 0.3x
Price/Book 6.5x
Price/Cash Flow 12.4x
TEV/Sales NM Not Meaningful
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