Why RTI International Metals (RTI) Stock Is Lower Today

NEW YORK (TheStreet) -- Shares of RTI International Metals Inc. (RTI) are lower -2.88% to $26.67 on Tuesday after the company reported a decline in revenue and income for the 2014 first quarter.

The company reported revenue totaled $174.5 million, compared to $189.2 million from the 2013 first quarter.

RTI International said the net loss attributable to continuing operations was -$3.8 million, or -13 cents per dilutes share, compared to the same quarter last year when the company reported net income was $5.0 million, or 16 cents per diluted share.

Operating income was $1.6 million for the 2014 first quarter versus $13.6 million from the same period last year.

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The company is a global producer and supplier of advanced titanium mill products and a manufacturer of fabricated titanium and specialty metal components for defense, aerospace, energy and consumer markets.

TheStreet Ratings team rates RTI INTL METALS INC as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation:

"We rate RTI INTL METALS INC (RTI) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and poor profit margins."

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