NASDAQ:TITNTitan Machinery Stock Price, Forecast & News

Titan Machinery's stock was trading at $8.39 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TITN shares have increased by 9.3% and is now trading at $9.17. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Titan Machinery in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Titan Machinery.

Titan Machinery is scheduled to release its next quarterly earnings announcement on Thursday, May 28th 2020. View our earnings forecast for Titan Machinery.

Titan Machinery will be holding an earnings conference call on Thursday, May 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Titan Machinery Inc. (NASDAQ:TITN) released its earnings results on Thursday, March, 26th. The company reported $0.02 EPS for the quarter, topping the consensus estimate of $0.01 by $0.01. The company had revenue of $351 million for the quarter, compared to analysts' expectations of $362.50 million. Titan Machinery had a return on equity of 5.24% and a net margin of 1.07%. The business's revenue was down 2.4% on a year-over-year basis. During the same quarter last year, the business posted ($0.04) EPS. View Titan Machinery's earnings history.

2 equities research analysts have issued twelve-month price targets for Titan Machinery's stock. Their forecasts range from $15.00 to $15.00. On average, they expect Titan Machinery's share price to reach $15.00 in the next year. This suggests a possible upside of 63.6% from the stock's current price. View analysts' price targets for Titan Machinery.

Media coverage about TITN stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Titan Machinery earned a news sentiment score of 1.5 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutTitan Machinery.

Titan Machinery saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 388,400 shares, an increase of 26.1% from the April 15th total of 307,900 shares. Based on an average trading volume of 175,100 shares, the days-to-cover ratio is currently 2.2 days. Approximately 2.1% of the shares of the company are short sold. View Titan Machinery's Current Options Chain.

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

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

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

Titan Machinery's stock is owned by a variety of retail and institutional investors. Top institutional investors include Global Alpha Capital Management Ltd. (7.58%), BlackRock Inc. (6.48%), Granahan Investment Management Inc. MA (3.68%), Deutsche Bank AG (3.62%), Aristotle Capital Boston LLC (3.15%) and Invesco Ltd. (2.60%). Company insiders that own Titan Machinery stock include Bryan J Knutson, David Joseph Meyer, Stan K Erickson and Tony Christianson. View institutional ownership trends for Titan Machinery.

TITN stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Federated Hermes Inc., Acadian Asset Management LLC, Nuveen Asset Management LLC, AQR Capital Management LLC, Invenomic Capital Management LP, Squarepoint Ops LLC, and Morgan Stanley. Company insiders that have sold Titan Machinery company stock in the last year include Bryan J Knutson, and Tony Christianson. View insider buying and selling activity for Titan Machinery.

TITN stock was bought by a variety of institutional investors in the last quarter, including Global Alpha Capital Management Ltd., Assenagon Asset Management S.A., Penn Capital Management Co. Inc., Deutsche Bank AG, Invesco Ltd., Honkamp Krueger Financial Services Inc., Geode Capital Management LLC, and Massachusetts Financial Services Co. MA. View insider buying and selling activity for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TITN stock can currently be purchased for approximately $9.17.

Titan Machinery has a market capitalization of $204.67 million and generates $1.31 billion in revenue each year. The company earns $13.95 million in net income (profit) each year or $0.79 on an earnings per share basis. Titan Machinery employs 1,730 workers across the globe.

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

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 or via email at [email protected]