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Last $27.23 USD
Change Today +0.41 / 1.53%
Volume 95.2K
As of 8:04 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

tower international inc (TOWR) Snapshot

Open
$26.81
Previous Close
$26.82
Day High
$27.43
Day Low
$26.72
52 Week High
07/24/14 - $37.15
52 Week Low
10/16/14 - $20.04
Market Cap
574.6M
Average Volume 10 Days
112.7K
EPS TTM
$2.33
Shares Outstanding
21.1M
EX-Date
--
P/E TM
11.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for TOWER INTERNATIONAL INC (TOWR)

tower international inc (TOWR) Related Businessweek News

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tower international inc (TOWR) Details

Tower International, Inc. manufactures and sells engineered automotive structural metal components and assemblies for the 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, spring and shock towers, shackles, radius arms, and brackets. Further, it provides complex body-in-white assemblies, comprising multiple components and sub-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.

7,800 Employees
Last Reported Date: 02/27/15
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: $502.1K
President of Americas
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2014.

tower international inc (TOWR) Key Developments

Tower International, Inc. Presents at Three Part Advisors East Coast IDEAS Investor Conference 2015, Jun-03-2015 10:40 AM

Tower International, Inc. Presents at Three Part Advisors East Coast IDEAS Investor Conference 2015, Jun-03-2015 10:40 AM. Venue: Boston Park Plaza, 50 Park Plaza at Arlington St., Boston, MA 02116, United States. Speakers: Derek Fiebig, Executive Director of Investor and External Relations.

Tower International, Inc. Reports Un-Audited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Year 2015

Tower International, Inc. reported un-audited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company’s revenue was $496,628,000 against $519,263,000 a year ago. Operating income was $23,927,000 compared to $24,638,000 a year ago. Income before provision for income taxes and equity in profit/loss of joint venture was $16,202,000 compared to $17,515,000 a year ago. Income from continuing operations was $14,197,000 or $0.66 per diluted share against $14,522,000 or $0.66 per diluted share a year ago. Net income attributable to the company was $14,041,000 or $0.66 per diluted share compared with $14,855,000 or $0.70 per diluted share a year ago. Net cash used in continuing operating activities was $6,794,000 million compared to net cash provided by continuing operating activities of $15,193,000 a year ago. Cash disbursed for purchases of property, plant and equipment was $9,562,000 compared to $8,663,000 a year ago. Diluted adjusted earnings per share (non-GAAP) was $0.82 compared to $0.69 a year ago. Adjusted EBITDA was $48,070,000 against $51,630,000 a year ago. Negative adjusted free cash flow was $6,243,000 against adjusted free cash of $14,933,000 a year ago. Net debt as on March 31, 2015 was $250,960,000 compared to $363,522,000 as on March 31, 2013. For the full year 2015, the company is lowering its revenue guidance by $50 million to $1.95 billion, essentially reflecting revised currency assumptions.  Adjusted EBITDA is now projected at $190 million, down $10 million from prior guidance, reflecting the revised currency assumptions, launch expense associated with the new business award, and lower-than-expected Brazil volume.  Despite these changes, the outlook for diluted adjusted earnings per share is being increased by 5 cents, to $3.15, reflecting the flow-through effect of First Quarter good news on the remaining quarters. Adjusted free cash flow is now projected at $25 million, largely reflecting partial deployment of the previously forecasted $60 million for capital spending to support the new business. Although not included in free cash flow, cash gains already received this year from re-pricing Tower's Euro debt swaps now total $32 million.

Tower International, Inc. to Report Q1, 2015 Results on May 07, 2015

Tower International, Inc. announced that they will report Q1, 2015 results at 11:00 AM, US Eastern Standard Time on May 07, 2015

 

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TOWR:US $27.23 USD +0.41

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Industry Analysis

TOWR

Industry Average

Valuation TOWR Industry Range
Price/Earnings 18.8x
Price/Sales 0.3x
Price/Book 13.9x
Price/Cash Flow 26.6x
TEV/Sales NM Not Meaningful
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