Titanium Metals Corp. produces and supplies titanium sponge and mill products to the aerospace and industrial markets. For the six months ended 6/30/97, net sales increased 52% to $351 million. Net income rose from $10.2 million to $36.1 million. Revenues benefitted from higher prices and an increase in mill product volume. Earnings also benefitted from the absence of a $4.3 million special charge related to the IMI Titanium acquisition.
52-Week Low/High
$24.50/$38.375ÿ
Market
Capitalization
$1.17B
Shares Outstanding/Float
31.5M/12.6M
Per-Share Data
Book Value/Earnings/Sales/Cash
$11.46/$2.34/$20.18/$2.66ÿ
Price/Earnings
(ttm)
15.88ÿ
Net Income(ttm)/Sales(ttm)/Profit Margin
$75.4M/$634.7M/12%
Current Ratio (mrq)
3.17ÿ
TIMT was awarded a multi-year deal from Boeing, who is the largest titanium user in the world, in August of this year. Earnings are due out in the next couple of weeks, hoping for another good quarter.ÿ |
