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NASDAQ:TITN

Titan Machinery (TITN) Stock Price, News & Analysis

Titan Machinery logo
$14.05 +0.05 (+0.36%)
(As of 11/20/2024 ET)

About Titan Machinery Stock (NASDAQ:TITN)

Key Stats

Today's Range
$13.74
$14.19
50-Day Range
$13.25
$15.66
52-Week Range
$12.30
$29.30
Volume
175,455 shs
Average Volume
180,791 shs
Market Capitalization
$324.98 million
P/E Ratio
5.42
Dividend Yield
N/A
Price Target
$21.00
Consensus Rating
Hold

Company Overview

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. Its agricultural equipment includes machinery and attachments for use in the production of food, fiber, feed grain, feed stock, and renewable energy; and home and garden applications, as well as maintenance of commercial, residential, and government properties. The company's construction equipment comprises heavy construction machinery, light industrial machinery for commercial and residential construction, and road and highway construction machinery. It also sells maintenance and replacement parts. In addition, the company offers repair and maintenance services that include warranty repairs, off-site and on-site repair services, scheduling off-season maintenance services, and notifying customers of periodic service requirements; and training programs to customers. Further, it rents equipment; and provides ancillary equipment support services, such as equipment transportation, global positioning system signal subscriptions and other precision farming products, farm data management products, and CNH Industrial finance and insurance products. The company operates in Colorado, Idaho, Kansas, Missouri, Washington, Iowa, Minnesota, Montana, Nebraska, North Dakota, South Dakota, Wisconsin, and Wyoming, the United States; Bulgaria, Germany, Romania, and Ukraine, Europe; and New South Wales, South Australia, and Victoria, Australia. Titan Machinery Inc. was founded in 1980 and is headquartered in West Fargo, North Dakota.

Titan Machinery Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
56th Percentile Overall Score

TITN MarketRank™: 

Titan Machinery scored higher than 56% of companies evaluated by MarketBeat, and ranked 113th out of 215 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Titan Machinery has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Titan Machinery has only been the subject of 2 research reports in the past 90 days.

  • Read more about Titan Machinery's stock forecast and price target.
  • Earnings Growth

    Earnings for Titan Machinery are expected to decrease in the coming year, from $0.21 to ($0.52) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Titan Machinery is 5.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Titan Machinery is 5.42, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 96.69.

  • Price to Book Value per Share Ratio

    Titan Machinery has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Titan Machinery's valuation and earnings.
  • Percentage of Shares Shorted

    4.94% of the float of Titan Machinery has been sold short.
  • Short Interest Ratio / Days to Cover

    Titan Machinery has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in Titan Machinery has recently increased by 4.59%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Titan Machinery does not currently pay a dividend.

  • Dividend Growth

    Titan Machinery does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    4.94% of the float of Titan Machinery has been sold short.
  • Short Interest Ratio / Days to Cover

    Titan Machinery has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in Titan Machinery has recently increased by 4.59%, indicating that investor sentiment is decreasing.
    • Insider Buying vs. Insider Selling

      In the past three months, Titan Machinery insiders have not sold or bought any company stock.

    • Percentage Held by Insiders

      10.28% of the stock of Titan Machinery is held by insiders. A high percentage of insider ownership can be a sign of company health.

    • Percentage Held by Institutions

      78.38% of the stock of Titan Machinery is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

    • Read more about Titan Machinery's insider trading history.
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    TITN Stock News Headlines

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    Northland Securities Reaffirms Their Hold Rating on Titan Machinery (TITN)
    See More Headlines

    TITN Stock Analysis - Frequently Asked Questions

    Titan Machinery's stock was trading at $28.88 at the start of the year. Since then, TITN shares have decreased by 51.4% and is now trading at $14.05.
    View the best growth stocks for 2024 here
    .

    Titan Machinery Inc. (NASDAQ:TITN) posted its earnings results on Thursday, August, 29th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.27 by $0.10. The business's revenue was down 1.4% compared to the same quarter last year.

    Titan Machinery subsidiaries include Jaycox, HorizonWest, AGRAM Landtechnik Rollwitz GmbH, AGRAM Landtechnikvertrieb GmbH, Schoffman's Inc., Valley Farm Equipment  Inc., Winger Implement  Inc., and more.

    Top institutional shareholders of Titan Machinery include Praetorian PR LLC (2.62%), Hotchkis & Wiley Capital Management LLC (2.52%), State Street Corp (2.25%) and Geode Capital Management LLC (2.05%). Insiders that own company stock include David Joseph Meyer, Stan K Erickson and Robert Larsen.
    View institutional ownership trends
    .

    Shares of TITN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
    Compare Top Brokerages Here.

    Based on aggregate information from My MarketBeat watchlists, some other companies that Titan Machinery investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

    Company Calendar

    Last Earnings
    8/29/2024
    Today
    11/21/2024
    Next Earnings (Estimated)
    12/05/2024
    Fiscal Year End
    1/31/2025

    Industry, Sector and Symbol

    Industry
    Retail stores, not elsewhere classified
    Sub-Industry
    Trading Companies & Distributors
    Current Symbol
    NASDAQ:TITN
    CUSIP
    88830R10
    Employees
    3,604
    Year Founded
    1980

    Price Target and Rating

    Average Stock Price Target
    $21.00
    High Stock Price Target
    $42.00
    Low Stock Price Target
    $13.00
    Potential Upside/Downside
    +49.5%
    Consensus Rating
    Hold
    Rating Score (0-4)
    2.29
    Research Coverage
    7 Analysts

    Profitability

    Net Income
    $112.44 million
    Pretax Margin
    2.94%

    Debt

    Sales & Book Value

    Annual Sales
    $2.76 billion
    Cash Flow
    $6.14 per share
    Book Value
    $28.78 per share

    Miscellaneous

    Free Float
    20,750,000
    Market Cap
    $324.98 million
    Optionable
    Optionable
    Beta
    1.25

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    This page (NASDAQ:TITN) was last updated on 11/21/2024 by MarketBeat.com Staff
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