Titan Machinery Stock Forecast, Price & News

Titan Machinery (NASDAQ:TITN) Frequently Asked Questions

Is Titan Machinery a buy right now?

3 Wall Street 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 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 283.8% and is now trading at $32.20.
View which stocks have been most impacted by COVID-19.

Are investors shorting Titan Machinery?

Titan Machinery saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 343,900 shares, a decline of 36.0% from the October 31st total of 537,100 shares. Based on an average daily volume of 161,100 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.7% of the shares of the company are sold short.
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) posted its quarterly earnings data on Tuesday, November, 23rd. The company reported $0.96 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.68 by $0.28. The firm had revenue of $454 million for the quarter, compared to analysts' expectations of $429.88 million. Titan Machinery had a net margin of 2.10% and a trailing twelve-month return on equity of 11.04%. The business's quarterly revenue was up 25.8% compared to the same quarter last year. During the same period in the prior year, the business earned $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, November, 30th. The company provided EPS guidance of $2.400-$2.600 for the period, compared to the Thomson Reuters consensus estimate of $2.150. The company issued revenue guidance of -.

What price target have analysts set for TITN?

3 equities research analysts have issued 1 year price targets for Titan Machinery's shares. Their forecasts range from $40.00 to $41.00. On average, they expect Titan Machinery's stock price to reach $40.33 in the next year. This suggests a possible upside of 25.3% 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), Air Lease (AL), MSC Industrial Direct (MSM), Applied Industrial Technologies (AIT), Beacon Roofing Supply (BECN), 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 a number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (7.56%), BlackRock Inc. (6.23%), Principal Financial Group Inc. (3.55%), Bank of New York Mellon Corp (3.21%), Granahan Investment Management Inc. MA (2.25%) and Morgan Stanley (1.57%). 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 Brandywine Global Investment Management LLC, Two Sigma Investments LP, Two Sigma Advisers LP, Granahan Investment Management Inc. MA, Renaissance Technologies LLC, Lisanti Capital Growth LLC, Arrowstreet Capital Limited Partnership, and Citadel Advisors LLC. Company insiders that have sold Titan Machinery company stock in the last year include Bryan J Knutson, 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 acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Goldman Sachs Group Inc., BlackRock Inc., Massachusetts Financial Services Co. MA, Sigma Planning Corp, Bank of New York Mellon Corp, Monarch Partners Asset Management LLC, and SummerHaven Investment Management LLC.
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.
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What is Titan Machinery's stock price today?

One share of TITN stock can currently be purchased for approximately $32.20.

How much money does Titan Machinery make?

Titan Machinery has a market capitalization of $727.59 million and generates $1.41 billion in revenue each year. The company earns $19.36 million in net income (profit) each year or $1.44 on an earnings per share basis.

How many employees does Titan Machinery have?

Titan Machinery employs 2,316 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.