Titan Machinery (NASDAQ:TITN - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Thursday, March 20th. Analysts expect Titan Machinery to post earnings of ($0.87) per share and revenue of $728.55 million for the quarter.
Titan Machinery Trading Up 3.2 %
Shares of TITN stock traded up $0.45 during trading hours on Friday, hitting $14.49. The company had a trading volume of 217,600 shares, compared to its average volume of 247,611. The company's fifty day moving average is $16.56 and its 200 day moving average is $15.08. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.32 and a quick ratio of 0.15. Titan Machinery has a fifty-two week low of $12.30 and a fifty-two week high of $27.13. The stock has a market capitalization of $335.10 million, a PE ratio of 10.81 and a beta of 1.28.
Wall Street Analysts Forecast Growth
TITN has been the topic of a number of research reports. Baird R W upgraded shares of Titan Machinery from a "hold" rating to a "strong-buy" rating in a report on Monday, January 27th. Robert W. Baird upgraded shares of Titan Machinery from a "neutral" rating to an "outperform" rating and increased their target price for the stock from $14.00 to $25.00 in a report on Monday, January 27th. One research analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $19.20.
View Our Latest Analysis on TITN
About Titan Machinery
(
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Titan Machinery Inc owns and operates a network of full service agricultural and construction equipment stores in the United States, Europe, and Australia. It operates through four segments: Agriculture, Construction, Europe, and Australia. The company sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well as equipment from various other manufacturers.
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