Titan Machinery - TITN Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Titan Machinery in the last twelve months. 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" TITN shares.
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3 Wall Street analysts have issued 12-month target prices for Titan Machinery's stock. Their TITN share price forecasts range from $34.00 to $46.00. On average, they predict the company's share price to reach $40.00 in the next year. This suggests a possible upside of 41.6% from the stock's current price.
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Titan Machinery's stock was trading at $33.69 at the beginning of the year. Since then, TITN shares have decreased by 16.1% and is now trading at $28.25.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 22nd 2022.
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Titan Machinery Inc. (NASDAQ:TITN) announced its earnings results on Thursday, August, 25th. The company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.39. The firm earned $496.50 million during the quarter, compared to the consensus estimate of $439.78 million. Titan Machinery had a trailing twelve-month return on equity of 19.61% and a net margin of 4.52%. The company's revenue for the quarter was up 31.5% on a year-over-year basis. During the same period last year, the company posted $0.57 earnings per share.

Titan Machinery issued an update on its FY 2023 earnings guidance on Tuesday, September, 20th. The company provided earnings per share guidance of $3.70-$4.00 for the period, compared to the consensus estimate of $3.18. The company issued revenue guidance of -.

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.

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).

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

Shares of TITN stock 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.
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One share of TITN stock can currently be purchased for approximately $28.25.

Titan Machinery (NASDAQ:TITN) has a market capitalization of $637.60 million and generates $1.71 billion in revenue each year. The company earns $66.05 million in net income (profit) each year or $3.84 on an earnings per share basis.

The company employs 2,436 workers across the globe.

Titan Machinery's mailing address is 644 EAST BEATON DRIVE, WEST FARGO ND, 58078. The official website for the company is www.titanmachinery.com. The company can be reached via phone at (701) 356-0130, via email at john.mills@icrinc.com, or via fax at 701-356-0139.