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 family of brands, as well as equipment from various other manufacturers. Its agricultural equipment comprise tractors, combines and attachments, application equipment and sprayers, planting and seeding equipment, tillage equipment, hay and forage equipment, and precision farming technology and related equipment 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 include compact track loaders, compaction equipment, cranes, crawler dozers, excavators, forklifts, loader/backhoes, loader/tool carriers, motor graders, skid steer loaders, telehandlers, and wheel loaders 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, on-site and off-site repair services, and scheduling off-season maintenance services, as well as notifies customers of periodic service requirements; provides training programs to customers; and sells extended warranty services. Further, it rents equipment; and provides ancillary equipment support services. The company operates in North Dakota, South Dakota, Iowa, Minnesota, Montana, Nebraska, Wyoming, Wisconsin, Colorado, Arizona, and New Mexico, the United States; and Romania, Bulgaria, Serbia, and Ukraine, Europe. Titan Machinery Inc. was founded in 1980 and is headquartered in West Fargo, North Dakota.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Retail stores, not elsewhere classified
Sub-IndustryTrading Companies & Distributors
SectorRetail/Wholesale
SymbolNASDAQ:TITN
CUSIP88830R10
Phone701-356-0130
Debt
Debt-to-Equity Ratio0.07
Current Ratio1.43
Quick Ratio0.29
Price-To-Earnings
Trailing P/E Ratio-148.17
Forward P/E Ratio28.22
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.20 billion
Price / Sales0.33
Cash Flow$1.0120 per share
Price / Cash17.57
Book Value$14.67 per share
Price / Book1.21
Profitability
EPS (Most Recent Fiscal Year)($0.12)
Net Income$-7,040,000.00
Net Margins0.63%
Return on Equity2.16%
Return on Assets0.86%
Miscellaneous
Employees2,112
Outstanding Shares22,220,000
Market Cap$395.93 million
