NASDAQ:TITN

Titan Machinery (TITN) Stock Price, News & Analysis

$22.66
-0.47 (-2.03%)
(As of 04/24/2024 ET)
Today's Range
$22.41
$23.24
50-Day Range
$22.66
$27.12
52-Week Range
$21.44
$35.88
Volume
212,874 shs
Average Volume
181,499 shs
Market Capitalization
$517.76 million
P/E Ratio
4.59
Dividend Yield
N/A
Price Target
$45.33

Titan Machinery MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
100.1% Upside
$45.33 Price Target
Short Interest
Healthy
3.56% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.52
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
5.67%
From $3.35 to $3.54 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.21 out of 5 stars

Retail/Wholesale Sector

54th out of 199 stocks

Retail Stores, Not Elsewhere Classified Industry

3rd out of 13 stocks

TITN stock logo

About Titan Machinery Stock (NASDAQ:TITN)

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.

TITN Stock Price History

TITN Stock News Headlines

Titan Machinery Inc. (NASDAQ:TITN) Short Interest Update
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Q4 2024 Titan Machinery Inc Earnings Call
Titan Machinery: Cheap Enough
TITN Apr 2024 25.000 call
Titan Machinery Inc.
See More Headlines
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Company Calendar

Last Earnings
3/21/2024
Today
4/24/2024
Next Earnings (Estimated)
5/23/2024
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
$45.33
High Stock Price Target
$50.00
Low Stock Price Target
$42.00
Potential Upside/Downside
+100.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$112.44 million
Pretax Margin
5.48%

Debt

Sales & Book Value

Annual Sales
$2.76 billion
Cash Flow
$6.21 per share
Book Value
$28.78 per share

Miscellaneous

Free Float
20,448,000
Market Cap
$517.78 million
Optionable
Optionable
Beta
1.41

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TITN Stock Analysis - Frequently Asked Questions

Should I buy or sell Titan Machinery stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Titan Machinery in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TITN shares.
View TITN analyst ratings
or view top-rated stocks.

What is Titan Machinery's stock price target for 2024?

4 analysts have issued 1 year price objectives for Titan Machinery's stock. Their TITN share price targets range from $42.00 to $50.00. On average, they predict the company's stock price to reach $45.33 in the next year. This suggests a possible upside of 100.1% from the stock's current price.
View analysts price targets for TITN
or view top-rated stocks among Wall Street analysts.

How have TITN shares performed in 2024?

Titan Machinery's stock was trading at $28.88 at the beginning of the year. Since then, TITN shares have decreased by 21.5% and is now trading at $22.66.
View the best growth stocks for 2024 here
.

Are investors shorting Titan Machinery?

Titan Machinery saw a decline in short interest in March. As of March 31st, there was short interest totaling 726,600 shares, a decline of 20.9% from the March 15th total of 918,600 shares. Based on an average trading volume of 183,700 shares, the short-interest ratio is presently 4.0 days. Approximately 3.6% of the company's shares are sold short.
View Titan Machinery's Short Interest
.

When is Titan Machinery's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our TITN earnings forecast
.

How were Titan Machinery's earnings last quarter?

Titan Machinery Inc. (NASDAQ:TITN) announced its quarterly earnings results on Thursday, March, 21st. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.99 by $0.06. The business earned $852.10 million during the quarter, compared to analyst estimates of $734.99 million. Titan Machinery had a trailing twelve-month return on equity of 18.40% and a net margin of 4.08%. Titan Machinery's quarterly revenue was up 46.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.81 EPS.

What ETFs hold Titan Machinery's stock?

ETFs with the largest weight of Titan Machinery (NASDAQ:TITN) stock in their portfolio include Global X AgTech & Food Innovation ETF (KROP) and ERShares NextGen Entrepreneurs ETF (ERSX).First Trust Dow Jones Select Microcap Index Fund (FDM).

What guidance has Titan Machinery issued on next quarter's earnings?

Titan Machinery updated its FY 2025 earnings guidance on Thursday, March, 21st. The company provided earnings per share guidance of 3.000-3.500 for the period, compared to the consensus estimate of 4.400. The company issued revenue guidance of -.

What is David J. Meyer's approval rating as Titan Machinery's CEO?

25 employees have rated Titan Machinery Chief Executive Officer David J. Meyer on Glassdoor.com. David J. Meyer has an approval rating of 82% among the company's employees.

What other stocks do shareholders of Titan Machinery own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Titan Machinery investors own include Intel (INTC), Micron Technology (MU), Starbucks (SBUX), Cisco Systems (CSCO), General Electric (GE), Pfizer (PFE), Twitter (TWTR), Verizon Communications (VZ), AbbVie (ABBV) and Adobe (ADBE).

Who are Titan Machinery's major shareholders?

Titan Machinery's stock is owned by many different institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (0.91%), Hennessy Advisors Inc. (0.12%), MBM Wealth Consultants LLC (0.08%) and Los Angeles Capital Management LLC (0.05%). Insiders that own company stock include David Joseph Meyer, Stan K Erickson and Tony Christianson.
View institutional ownership trends
.

How do I buy shares of Titan Machinery?

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.

Does Titan Machinery have any subsidiaries?
The following companies are subsidiares of Titan Machinery: AGRAM Landtechnik Rollwitz GmbH, AGRAM Landtechnikvertrieb GmbH, Aberdeen Equipment Co., Anderson Power and Equipment Inc., Avoca Operations  Inc., Farm Power  Inc., Fergus International  Inc., Greenfield Operations  Inc., H.C. Clark Implement Co.  Inc., HorizonWest, Huron Equipment Co., Jaycox, NW Property Solutions LLC, Piorier Equipment Company Inc, Quad County Implement Inc., RAJ Equipment, Red Power International  Inc., Redfield Equipment Co., Reiten and Young International  Inc., Richland County Implement  Inc., Schoffman's Inc., Smith International  Inc., Titan European Holdings S.a.r.l., Titan Machinery Austria GmbH, Titan Machinery Bulgaria AD, Titan Machinery Deutschland GmbH, Titan Machinery Romania S.R.L., Titan Machinery Ukraine LLC, Twin City Implement  Inc., Valley Farm Equipment  Inc., Vern Anderson  Inc., Western Plains Machinery Co., and Winger Implement  Inc..
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This page (NASDAQ:TITN) was last updated on 4/25/2024 by MarketBeat.com Staff

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