Free Trial
NASDAQ:TITN

Titan Machinery (TITN) Stock Price, News & Analysis

$14.11
-0.28 (-1.95%)
(As of 09/20/2024 ET)

About Titan Machinery Stock (NASDAQ:TITN)

Key Stats

Today's Range
$13.98
$14.43
50-Day Range
$12.88
$17.89
52-Week Range
$12.30
$29.30
Volume
655,385 shs
Average Volume
234,131 shs
Market Capitalization
$326.36 million
P/E Ratio
3.39
Dividend Yield
N/A
Price Target
$21.00
Consensus Rating
Hold

Company Overview

Titan Machinery Inc. owns and operates a network of full service agricultural and construction equipment stores in the United States, Europe, and Australia. It operates through four segments: Agriculture, Construction, Europe, and Australia. 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, feed stock, and renewable energy; and home and garden applications, as well as maintenance of commercial, residential, and government properties. The company's construction equipment comprises heavy construction machinery, light industrial machinery for commercial and residential construction, and road and highway construction machinery. 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, such as equipment transportation, global positioning system signal subscriptions and other precision farming products, farm data management products, and CNH Industrial finance and insurance products. The company operates in Colorado, Idaho, Kansas, Missouri, Washington, Iowa, Minnesota, Montana, Nebraska, North Dakota, South Dakota, Wisconsin, and Wyoming, the United States; Bulgaria, Germany, Romania, and Ukraine, Europe; and New South Wales, South Australia, and Victoria, Australia. Titan Machinery Inc. was founded in 1980 and is headquartered in West Fargo, North Dakota.

Titan Machinery Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 93rd Percentile

Titan Machinery scored higher than 93% of companies evaluated by MarketBeat, and ranked 30th out of 208 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Titan Machinery has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Titan Machinery has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Titan Machinery's stock forecast and price target.
  • Earnings Growth

    Earnings for Titan Machinery are expected to decrease in the coming year, from $0.21 to ($0.52) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Titan Machinery is 3.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.02.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Titan Machinery is 3.40, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 23.41.

  • Price to Book Value per Share Ratio

    Titan Machinery has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Titan Machinery's valuation and earnings.
  • Percentage of Shares Shorted

    3.91% of the float of Titan Machinery has been sold short.
  • Short Interest Ratio / Days to Cover

    Titan Machinery has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Titan Machinery has recently increased by 25.87%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Titan Machinery does not currently pay a dividend.

  • Dividend Growth

    Titan Machinery does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.91% of the float of Titan Machinery has been sold short.
  • Short Interest Ratio / Days to Cover

    Titan Machinery has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Titan Machinery has recently increased by 25.87%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Titan Machinery has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Titan Machinery this week, compared to 3 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added Titan Machinery to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • 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

    10.28% of the stock of Titan Machinery is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    78.38% of the stock of Titan Machinery is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Titan Machinery's insider trading history.
Receive TITN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Titan Machinery and its competitors with MarketBeat's FREE daily newsletter.

TITN Stock News Headlines

Titan Machinery Inc (TITN) Trading 5.86% Higher on Sep 19
“Buffett Indicator” Predicts 62% Stock Market Crash
The last time the "Buffett Indicator" flashed this red was in 2000 - right before the market crashed 50%.
Northland Securities Reaffirms Their Hold Rating on Titan Machinery (TITN)
See More Headlines

TITN Stock Analysis - Frequently Asked Questions

Titan Machinery's stock was trading at $28.88 at the start of the year. Since then, TITN stock has decreased by 51.0% and is now trading at $14.15.
View the best growth stocks for 2024 here
.

Titan Machinery Inc. (NASDAQ:TITN) posted its earnings results on Thursday, August, 29th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by $0.10. Titan Machinery's revenue was down 1.4% compared to the same quarter last year.

Titan Machinery subsidiaries include Jaycox, HorizonWest, AGRAM Landtechnik Rollwitz GmbH, AGRAM Landtechnikvertrieb GmbH, Schoffman's Inc., Valley Farm Equipment  Inc., Winger Implement  Inc., and others.

Top institutional shareholders of Titan Machinery include Dimensional Fund Advisors LP (7.17%), American Century Companies Inc. (5.06%), William Blair Investment Management LLC (4.08%) and Dana Investment Advisors Inc. (1.69%). Insiders that own company stock include David Joseph Meyer, Stan K Erickson and Robert Larsen.
View institutional ownership trends
.

Shares of TITN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Titan Machinery investors own include Intel (INTC), Micron Technology (MU), Starbucks (SBUX), Cisco Systems (CSCO), General Electric (GE), Pfizer (PFE) and Twitter (TWTR).

Company Calendar

Last Earnings
8/29/2024
Today
9/20/2024
Next Earnings (Estimated)
12/05/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Retail stores, not elsewhere classified
Sub-Industry
Trading Companies & Distributors
Current Symbol
NASDAQ:TITN
CUSIP
88830R10
Employees
3,604
Year Founded
1980

Price Target and Rating

Average Stock Price Target
$21.00
High Stock Price Target
$42.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+48.2%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
$112.44 million
Pretax Margin
2.94%

Debt

Sales & Book Value

Annual Sales
$2.76 billion
Cash Flow
$6.65 per share
Book Value
$28.52 per share

Miscellaneous

Free Float
20,472,000
Market Cap
$327.75 million
Optionable
Optionable
Beta
1.26

Social Links

The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

This page (NASDAQ:TITN) was last updated on 9/20/2024 by MarketBeat.com Staff
From Our Partners