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 year. 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 analysts have issued 12 month target prices for Titan Machinery's shares. Their TITN share price forecasts range from $30.00 to $53.00. On average, they expect the company's stock price to reach $43.67 in the next twelve months. This suggests a possible upside of 41.7% from the stock's current price.
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Titan Machinery's stock was trading at $39.73 at the start of the year. Since then, TITN stock has decreased by 22.5% and is now trading at $30.81.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 25th 2023.
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Titan Machinery Inc. (NASDAQ:TITN) issued its quarterly earnings results on Thursday, March, 16th. The company reported $0.81 EPS for the quarter, missing the consensus estimate of $1.07 by $0.26. The business had revenue of $583 million for the quarter, compared to analyst estimates of $692.90 million. Titan Machinery had a net margin of 4.61% and a trailing twelve-month return on equity of 21.43%. The firm's revenue was up 14.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.99 EPS.

ETFs with the largest weight of Titan Machinery (NASDAQ:TITN) stock in their portfolio include Global X AgTech & Food Innovation ETF (KROP), First Trust Dow Jones Select Microcap Index Fund (FDM), Inspire Fidelis Multi Factor ETF (FDLS), Roundhill Acquirers Deep Value ETF (DEEP), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), ERShares NextGen Entrepreneurs ETF (ERSX), iShares US Small Cap Value Factor ETF (SVAL) and Distillate Small/Mid Cash Flow ETF (DSMC).

Titan Machinery updated its FY 2024 earnings guidance on Thursday, March, 16th. The company provided earnings per share guidance of $4.50-$5.10 for the period, compared to the consensus estimate of $4.77. 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."

Titan Machinery's stock is owned by a variety of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (7.79%), Principal Financial Group Inc. (4.83%), Global Alpha Capital Management Ltd. (2.31%), Morgan Stanley (2.05%), Aristotle Capital Boston LLC (1.93%) and Geode Capital Management LLC (1.67%). Insiders that own company stock include Bryan J Knutson, David Joseph Meyer, Stan K Erickson and Tony Christianson.
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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 $30.81.

Titan Machinery (NASDAQ:TITN) has a market capitalization of $699.70 million and generates $2.21 billion in revenue each year. The company earns $101.87 million in net income (profit) each year or $4.50 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.