NASDAQ:TITNTitan Machinery Stock Price, Forecast & News

$10.38

+0.03 (+0.29 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

$10.05

Now: $10.38▼

$10.55

50-Day Range

$8.33

MA: $9.19▼

$10.87

52-Week Range

$6.96

Now: $10.38▼

$21.88

Volume164,905 shs

Average Volume159,412 shs

Market Capitalization$231.57 million

P/E Ratio13.83

Dividend YieldN/A

Beta1.96

Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores. It operates through three segments: Agriculture, Construction, and International. 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, and renewable energy; and home and garden applications, as well as maintenance of commercial, residential, and government properties. The company's construction equipment comprise heavy construction machinery, light industrial machinery for commercial and residential construction, road and highway construction machinery, and mining operations equipment. 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. The company operates in Arizona, Colorado, Iowa, Minnesota, Montana, Nebraska, New Mexico, North Dakota, South Dakota, Wisconsin, and Wyoming, the United States; and Bulgaria, Germany, Romania, Serbia, and Ukraine, Europe. Titan Machinery Inc. was founded in 1980 and is headquartered in West Fargo, North Dakota.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Titan Machinery has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $15.00, Titan Machinery has a potential upside of 44.6% from its current price of $10.38.
Amount of Analyst Coverage
Titan Machinery has only been the subject of 2 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Titan Machinery has received 244 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Titan Machinery has received 376 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Titan Machinery has received 60.65% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Titan Machinery and other stocks. Vote “Outperform” if you believe TITN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TITN will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Titan Machinery does not currently pay a dividend.
Dividend Growth
Titan Machinery does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Titan Machinery insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 15.37% of the stock of Titan Machinery is held by insiders.
Percentage Held by Institutions
74.73% of the stock of Titan Machinery is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for Titan Machinery are expected to grow by 541.67% in the coming year, from $0.12 to $0.77 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Titan Machinery is 13.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of Titan Machinery is 13.83, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 39.24.
Price to Book Value per Share Ratio
Titan Machinery has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.00 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Retail stores, not elsewhere classified

Sub-IndustryTrading Companies & Distributors

SectorRetail/Wholesale

Current SymbolNASDAQ:TITN

Previous Symbol

CUSIP88830R10

CIK1409171

Webwww.titanmachinery.com

Phone701-356-0130

Debt

Debt-to-Equity Ratio0.37

Current Ratio1.47

Quick Ratio0.26

Price-To-Earnings

Trailing P/E Ratio13.83

Forward P/E Ratio86.46

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.31 billion

Price / Sales0.18

Cash Flow$2.05 per share

Price / Cash Flow5.05

Book Value$15.44 per share

Price / Book0.67

Profitability

EPS (Most Recent Fiscal Year)$0.79

Net Income$13.95 million

Net Margins1.25%

Return on Equity6.05%

Return on Assets2.04%

Miscellaneous

Employees1,730

Outstanding Shares22,320,000

Market Cap$231.57 million

Next Earnings Date9/3/2020 (Estimated)

OptionableOptionable

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Titan Machinery (NASDAQ:TITN) Frequently Asked Questions

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

Titan Machinery's stock was trading at $8.39 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TITN stock has increased by 23.7% and is now trading at $10.3750. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Titan Machinery?

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.

When is Titan Machinery's next earnings date?

Titan Machinery is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Titan Machinery.

How were Titan Machinery's earnings last quarter?

Titan Machinery Inc. (NASDAQ:TITN) released its quarterly earnings data on Thursday, May, 28th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.12) by $0.27. The business earned $310.21 million during the quarter, compared to analysts' expectations of $257.60 million. Titan Machinery had a return on equity of 6.05% and a net margin of 1.25%. View Titan Machinery's earnings history.

What price target have analysts set for TITN?

2 analysts have issued 1-year price objectives for Titan Machinery's stock. Their forecasts range from $15.00 to $15.00. On average, they expect Titan Machinery's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 44.6% from the stock's current price. View analysts' price targets for Titan Machinery.

Has Titan Machinery been receiving favorable news coverage?

Media coverage about TITN stock has been trending somewhat negative on Friday, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Titan Machinery earned a daily sentiment score of -1.9 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutTitan Machinery.

Are investors shorting Titan Machinery?

Titan Machinery saw a increase in short interest in 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 daily trading volume, of 175,100 shares, the short-interest ratio is currently 2.2 days. Approximately 2.1% of the shares of the stock are sold short. View Titan Machinery's Current Options Chain.

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), MSC Industrial Direct (MSM), Air Lease (AL), Applied Industrial Technologies (AIT), GATX (GATX), Beacon Roofing Supply (BECN), WESCO International (WCC), Rush Enterprises (RUSHA), Kaman (KAMN), H&E Equipment Services (HEES), MRC Global (MRC) and Textainer Group (TGH). View all 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), Cisco Systems (CSCO), Starbucks (SBUX), Adobe (ADBE), General Electric (GE), Micron Technology (MU), Netflix (NFLX), NVIDIA (NVDA), Pfizer (PFE) and Verizon Communications (VZ).

Who are Titan Machinery's key executives?

Titan Machinery's management team includes the following people:

Mr. David Joseph Meyer, Co-Founder, Chairman of Board & CEO (Age 66)
Mr. Mark P. Kalvoda, CFO & Treasurer (Age 47)
Mr. Bryan Knutson, Chief Operating Officer (Age 41)
Mr. Jason Anderson, VP of HR & Admin.
Mr. Steve Noack, Gen. Counsel, Compliance Officer & Corp. Sec.

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 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 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 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.

Which major investors are buying Titan Machinery stock?

TITN stock was purchased 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Titan Machinery's stock price today?

One share of TITN stock can currently be purchased for approximately $10.38.

How big of a company is Titan Machinery?

Titan Machinery has a market capitalization of $231.57 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.

What is Titan Machinery's official website?

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

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 or via email at [email protected]

This page was last updated on 6/5/2020 by MarketBeat.com Staff