some FUNDAMENTALs for TITAN:
TELECOM equipment supplier breaking into comercial and military applications from only military. see news..
Two analysts follow stock 1 buy 1 strong sell (100% improvement from Dec)
5 yr growth rate is 25% First call eps for 97 is ~.53 cnts or so and that translates to a much higher share price in JAN. Most analysts have not adjusted to accommodate the February news..see below.
THE OPPORTUNITY I think may materialize due to the restructuring and new contracts and new comercial sterilization product. see below.
BOOK VALUE = 2.93
MKT CAP = 56 mill
CURRENT RATIO = 1.2 good
Long term debt = 5 mill
Total assets = 118.7 mill
insider holdings 6%
shares out 16 mill
9 month sales 95 mill
1.9% shorts
income has been negative and so has earnings.. but again it may be in the past now. income (3.58)
vs 1.72 earnings (.28) vs .09.
Highlights:
SAN DIEGO (February 7, 1997) -- The Titan Corporation (NYSE:TTN) has launched its SureBeam(R) On-Site medical device sterilization system, the only small, low-cost, turnkey system available today for in-house manufacturing use.
SAN DIEGO (February 13, 1997) -- The Titan Corporation (NYSE:TTN)
and Cycomm International, Inc. (AMEX:CYI) have completed an asset purchase agreement
under which Cycomm purchased substantially all of the assets of Titan's TEMPEST computing
products division, Delta Data. Terms of the agreement were not disclosed.
SAN DIEGO (February 18, 1997) -- The Titan Corporation (NYSE:TTN)
announced today that it has received an order from Raytheon E-Systems,
Greenville, Texas, for Mini-DAMA (V)3 terminals to be installed aboard AP-3C maritime patrol aircraft, owned and operated by the Royal Australian Air Force. Raytheon E-Systems is prime contractor for modifications to the AP-3's and will install the Titan Linkabit-produced systems in its Greenville
facility.
SAN DIEGO (February 19, 1997) -- The Titan Corporation (NYSE:TTN) has received a $50 million task ordering contract to provide communications systems integration and
installation support for the U.S. government.
Under terms of the contract, Titan will provide engineering design and analysis, and test and evaluation of various shipboard, vehicular and shore-based radio frequency (RF) communications and surveillance systems.
"This contract, which extends over a five-year period, further strengthens Titan's position as a
leading provider of communications systems installation and integration," said Titan President and
Chief Executive Officer Gene W. Ray.
SAN DIEGO (February 25, 1997) -- The Titan Corporation (NYSE:TTN) today reported net income of $202,000, or break-even earnings per share for the fourth quarter ended December 31,
1996, compared to a 1995 fourth quarter net loss of $5,531,000, or $.41 per share. The 1995
results included a pre-tax restructuring charge of $5,431,000.
these are recent news events... but there is more Please jump in and help us asses this investment..
BTW check EPS at stocksmart.com
OR check FIRST CALL..
luis |
