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Titan America SA

Titan America SA

TTAM
$14.60USD↓-0.54%-0.08 today

MARKET CAP

2.7B

P/E (TTM)

15.3x

FWD P/E

12.4x

DAY RANGE

$15 – $15

52W RANGE

$14
$20

AI Summary

Stalk
StalkMedium

TTAM has shown early structural repair after a prolonged downtrend, evidenced by a bullish pivot point off oversold EMAs. Medium-term bias is bullish as mean reversion signals align, but short-term timing is neutral pending a clean breakout above recent highs or a pullback into the 9/20 EMA support zone. Long-term trend remains bearish below the 200-day SMA, warranting deferred entry and selective stalking of pullbacks.

  • ↑Q2 revenue grew 9.6% YoY to $471 M driven by infrastructure demand
  • ↑Keystone Cement acquisition set to deliver $30 M annual run-rate synergies by 2029
  • ↓Residential demand suffering from high mortgage rates and affordability issues
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Titan America SA (NYSE:TTAM) is a leading construction materials company focused on cement, aggregates, and ready-mix concrete, operating primarily in key markets of the United States. With a vertically integrated business model, Titan America aims to optimize logistics and enhance operational efficiencies while capitalizing on opportunities within the infrastructure and non-residential construction sectors. The company also emphasizes sustainability through innovations in its product offerings, positioning it favorably in an evolving market landscape.

Bull says

  • ↑Q2 revenue grew 9.6% YoY to $471 M driven by infrastructure demand
  • ↑Keystone Cement acquisition set to deliver $30 M annual run-rate synergies by 2029
  • ↑Adjusted EBITDA margin steady at 21.4% on integrated operations
  • ↑H1 operating cash flow reached $137 M, free cash flow at $50 M
  • ↑Analyst revisions are positive, indicating optimism on earnings
  • ↑Infrastructure funding (IIJA) supports material demand growth

Bear says

  • ↓Residential demand suffering from high mortgage rates and affordability issues
  • ↓Q2 logistical issues drove costs up and limited margin expansion
  • ↓H1 capital expenditures of $87 M strain cash flow and flexibility
  • ↓Net income fell to $43 M from $51 M despite slight EBITDA growth
  • ↓High short interest and volatility signal investor skepticism
  • ↓Low liquidity and lack of dividend yield raise financing concerns

Investment themes with TTAM

Infrastructure Development↓ -1.13%

DE · HWM · TT

Earnings Call · Q4 2024 · Mgmt. Guidance

Updated 05-09-2026neutral

Transcript signals

Bull points

  • I'm pleased to report that 2024 was a record year for Titan Amerif.
  • we achieved full-year revenue of $1.63 billion, representing growth of 2.7% compared to 2023.
  • our adjusted EBITDA grew by 12.8% to $370.4 million, significantly outpacing our revenue growth.

Bear points

  • Our fourth quarter was more challenging, primarily due to adverse weather conditions across our regions.
  • Revenue for the quarter was $389.8 million compared to $399.1 million in Q4 2023, and adjusted EBITDA was $83.5 million compared to $87.2 million in the prior year quarter.
  • The fourth quarter saw more pronounced volume challenges in some areas, with cement volumes down 7.4 percent compared to Q4 2023, reflecting the impact of hurricane activity and significant rainfall in our markets.
Read full transcript analysis ›