Titan Machinery Stock Forecast, Price & News

Titan Machinery (NASDAQ:TITN) Frequently Asked Questions

Is Titan Machinery a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Titan Machinery in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Titan Machinery stock.
View analyst ratings for Titan Machinery or view top-rated stocks.

How has Titan Machinery's stock been impacted by Coronavirus (COVID-19)?

Titan Machinery's stock was trading at $8.39 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TITN stock has increased by 252.2% and is now trading at $29.55.
View which stocks have been most impacted by COVID-19.

Are investors shorting Titan Machinery?

Titan Machinery saw a drop in short interest in December. As of December 31st, there was short interest totaling 240,300 shares, a drop of 29.2% from the December 15th total of 339,200 shares. Based on an average daily trading volume, of 161,800 shares, the short-interest ratio is currently 1.5 days. Currently, 1.2% of the company's stock are short sold.
View Titan Machinery's Short Interest.

When is Titan Machinery's next earnings date?

Titan Machinery is scheduled to release its next quarterly earnings announcement on Thursday, March 17th 2022.
View our earnings forecast for Titan Machinery.

How were Titan Machinery's earnings last quarter?

Titan Machinery Inc. (NASDAQ:TITN) issued its earnings results on Tuesday, November, 23rd. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.28. The firm had revenue of $454 million for the quarter, compared to the consensus estimate of $429.88 million. Titan Machinery had a trailing twelve-month return on equity of 12.95% and a net margin of 2.71%. The company's revenue was up 25.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.58 earnings per share.
View Titan Machinery's earnings history.

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

Titan Machinery issued an update on its FY 2022 earnings guidance on Tuesday, December, 7th. The company provided EPS guidance of $2.400-$2.600 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.150. The company issued revenue guidance of -.

What price target have analysts set for TITN?

3 brokers have issued twelve-month target prices for Titan Machinery's shares. Their forecasts range from $40.00 to $41.00. On average, they expect Titan Machinery's share price to reach $40.33 in the next twelve months. This suggests a possible upside of 36.5% from the stock's current price.
View analysts' price targets for Titan Machinery or view top-rated stocks among Wall Street analysts.

Who are Titan Machinery's key executives?

Titan Machinery's management team includes the following people:

• David Joseph Meyer, Chairman & Chief Executive Officer
• Bryan Knutson, Chief Operating Officer
• Mark P. Kalvoda, Treasurer, Chief Financial & Accounting Officer
• Steve Noack, Secretary, General Counsel & Compliance Officer
• Jason Anderson, VP-Human Resources & Administration

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

25 employees have rated Titan Machinery CEO David J. Meyer on Glassdoor.com. David J. Meyer has an approval rating of 82% among Titan Machinery's employees.

Who are some of Titan Machinery's key competitors?

Some companies that are related to Titan Machinery include Fastenal (FAST), W.W. Grainger (GWW), United Rentals (URI), Watsco (WSO), WESCO International (WCC), MSC Industrial Direct (MSM), Air Lease (AL), Beacon Roofing Supply (BECN), Applied Industrial Technologies (AIT), GATX (GATX), Rush Enterprises (RUSHA), Textainer Group (TGH), H&E Equipment Services (HEES), Kaman (KAMN) and BlueLinx (BXC).
View all of TITN's competitors.

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).

What is Titan Machinery's stock symbol?

Titan Machinery trades on the NASDAQ under the ticker symbol "TITN."

Who are Titan Machinery's major shareholders?

Titan Machinery's stock is owned by many different institutional and retail investors. Top institutional investors include Hennessy Advisors Inc. (0.54%), Strs Ohio (0.11%), Exchange Traded Concepts LLC (0.08%), Russell Investments Group Ltd. (0.07%), Diversified Trust Co (0.03%) and Denali Advisors LLC (0.02%). Company insiders that own Titan Machinery stock include Bryan J Knutson, David Joseph Meyer and Tony Christianson.
View institutional ownership trends for Titan Machinery.

Which major investors are selling Titan Machinery stock?

TITN stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Russell Investments Group Ltd., and Hennessy Advisors Inc.. Company insiders that have sold Titan Machinery company stock in the last year include David Joseph Meyer, and Tony Christianson.
View insider buying and selling activity for Titan Machinery or view top insider-selling stocks.

Which major investors are buying Titan Machinery stock?

TITN stock was bought by a variety of institutional investors in the last quarter, including Exchange Traded Concepts LLC, Diversified Trust Co, Denali Advisors LLC, and Koshinski Asset Management Inc..
View insider buying and selling activity for Titan Machinery or or view top insider-buying stocks.

How do I buy shares of Titan Machinery?

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

What is Titan Machinery's stock price today?

One share of TITN stock can currently be purchased for approximately $29.55.

How much money does Titan Machinery make?

Titan Machinery has a market capitalization of $667.56 million and generates $1.41 billion in revenue each year. The company earns $19.36 million in net income (profit) each year or $1.97 on an earnings per share basis.

How many employees does Titan Machinery have?

Titan Machinery employs 2,249 workers across the globe.

When was Titan Machinery founded?

Titan Machinery was founded in 1980.

What is Titan Machinery's official website?

The official website for Titan Machinery is www.titanmachinery.com.

Where are Titan Machinery's headquarters?

Titan Machinery is headquartered at 644 EAST BEATON DRIVE, WEST FARGO ND, 58078.

How can I contact Titan Machinery?

Titan Machinery's mailing address is 644 EAST BEATON DRIVE, WEST FARGO ND, 58078. The company can be reached via phone at (701) 356-0130, via email at [email protected], or via fax at 701-356-0139.