NASDAQ:TITN - Titan Machinery Stock Price, Forecast & News

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

Titan Machinery Inc. (NASDAQ:TITN) posted its quarterly earnings results on Tuesday, November, 26th. The company reported $0.44 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.47 by $0.03. The business earned $360.90 million during the quarter, compared to analysts' expectations of $373.65 million. Titan Machinery had a net margin of 0.85% and a return on equity of 4.88%. The firm's quarterly revenue was up .0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.49 earnings per share. View Titan Machinery's Earnings History.

Titan Machinery is scheduled to release their next quarterly earnings announcement on Wednesday, March 25th 2020. View Earnings Estimates for Titan Machinery.

2 Wall Street analysts have issued twelve-month price objectives for Titan Machinery's shares. Their forecasts range from $23.00 to $24.00. On average, they anticipate Titan Machinery's share price to reach $23.50 in the next year. This suggests a possible upside of 113.8% from the stock's current price. View Analyst Price Targets for 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.

News coverage about TITN stock has been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Titan Machinery earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave press coverage 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 company's share price in the near term. View News Stories for Titan Machinery.

Titan Machinery saw a increase in short interest in January. As of January 15th, there was short interest totalling 412,500 shares, an increase of 27.0% from the December 31st total of 324,900 shares. Based on an average daily trading volume, of 143,200 shares, the short-interest ratio is currently 2.9 days. Currently, 2.2% of the company's stock 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), Air Lease (AL), MSC Industrial Direct (MSM), GATX (GATX), Applied Industrial Technologies (AIT), Aircastle (AYR), Beacon Roofing Supply (BECN), WESCO International (WCC), Kaman (KAMN), Rush Enterprises (RUSHA), H&E Equipment Services (HEES) and MRC Global (MRC).

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

Titan Machinery's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (4.64%), Global Alpha Capital Management Ltd. (4.09%), Renaissance Technologies LLC (1.81%), State Street Corp (1.71%), Rutabaga Capital Management LLC MA (1.61%) and Charles Schwab Investment Management Inc. (1.35%). 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 FMR LLC, Mackay Shields LLC, Landscape Capital Management L.L.C., Assenagon Asset Management S.A., Goldman Sachs Group Inc., AQR Capital Management LLC, Acadian Asset Management LLC and Geode Capital Management LLC. 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 for Titan Machinery.

TITN stock was acquired by a variety of institutional investors in the last quarter, including Global Alpha Capital Management Ltd., Penn Capital Management Co. Inc., Alliancebernstein L.P., Bank of Montreal Can, Renaissance Technologies LLC, Wedge Capital Management L L P NC, Sei Investments Co. and Bank of New York Mellon Corp. View Insider Buying and Selling 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 $10.99.

Titan Machinery has a market capitalization of $245.67 million and generates $1.26 billion in revenue each year. The company earns $12.18 million in net income (profit) each year or $0.67 on an earnings per share basis. Titan Machinery employs 1,661 workers across the globe.View Additional Information About Titan Machinery.

The official website for Titan Machinery is http://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]