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Titan Machinery Inc. (TITN)
NASDAQ:TITN
Holding TITN?
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TITN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.30 - $29.30
Previous Close$15.33
Volume197.93K
Average Volume (3M)249.35K
Market Cap
$354.55M
Enterprise Value$493.26M
Total Cash (Recent Filing)$31.22M
Total Debt (Recent Filing)$169.93M
Price to Earnings (P/E)6.0
Beta0.97
Next Earnings
Nov 26, 2024EPS Estimate
$0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.58
Shares Outstanding23,127,775
10 Day Avg. Volume202,883
30 Day Avg. Volume249,349
Standard Deviation0.14
R-Squared0.23
Alpha-0.00884
Financial Highlights & Ratios
Price to Book (P/B)0.50
Price to Sales (P/S)0.13
Price to Cash Flow (P/CF)N/A
P/FCF Ratio6.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.18
Enterprise Value/Gross Profit0.93
Enterprise Value/Ebitda3.39
Forecast
1Y Price Target
$17.00Price Target Upside19.01% Upside
Rating ConsensusHold
Number of Analyst Covering5
Titan Machinery News
PremiumPre-Earnings
Is TITN a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Cost ManagementThe year-over-year decline of 5% in SG&A expenses indicates effective cost management, contributing to overall financial health.
Future Financial PerformanceAnalysts predict a modest improvement with acceleration in future financial performance, boosting margins and cutting interest expenses significantly.
Inventory ManagementManagement anticipates reaching a peak in inventory, setting the stage for future margin improvement and reduced interest expenses.
Bears Say
Earnings OutlookGuidance was cut significantly, with the EPS midpoint reduced from $2.50 per share to $0.25 per share due to margin pressure and elevated interest expenses.
Financial PerformanceThe dramatic increase in interest expense poses a significant challenge, compounding revenue declines and margin compression.
Inventory ManagementDespite softer demand conditions, new equipment inventories increased by 10% sequentially to $939 million, indicating potential overstock issues.
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Ownership Overview
10.76% Insiders
24.12% Mutual Funds
11.34% Other Institutional Investors
37.66% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TITN FAQ
What was Titan Machinery Inc.’s price range in the past 12 months?
Titan Machinery Inc. lowest stock price was $12.30 and its highest was $29.30 in the past 12 months.
What is Titan Machinery Inc.’s market cap?
Currently, no data Available
When is Titan Machinery Inc.’s upcoming earnings report date?
Titan Machinery Inc.’s upcoming earnings report date is Nov 26, 2024 which is in 3 days.
How were Titan Machinery Inc.’s earnings last quarter?
Titan Machinery Inc. released its earnings results on Aug 29, 2024. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.288 by -$0.118.
Is Titan Machinery Inc. overvalued?
According to Wall Street analysts Titan Machinery Inc.’s price is currently Undervalued.
Does Titan Machinery Inc. pay dividends?
Titan Machinery Inc. does not currently pay dividends.
What is Titan Machinery Inc.’s EPS estimate?
Titan Machinery Inc.’s EPS estimate is $0.03.
How many shares outstanding does Titan Machinery Inc. have?
Titan Machinery Inc. has 23,127,775 shares outstanding.
What happened to Titan Machinery Inc.’s price movement after its last earnings report?
Titan Machinery Inc. reported an EPS of $0.17 in its last earnings report, missing expectations of $0.288. Following the earnings report the stock price went up 0.778%.
Which hedge fund is a major shareholder of Titan Machinery Inc.?
Among the largest hedge funds holding Titan Machinery Inc.’s share is Hotchkis & Wiley Capital Management LLC. It holds Titan Machinery Inc.’s shares valued at 8M.
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Titan Machinery Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Hold
Average Price Target:
$17.00 (19.01% Upside)
$17.00 (19.01% Upside)
Blogger Sentiment
Bullish
TITN Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 150.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-39.26%
12-Months-Change
Fundamentals
Return on Equity
9.29%
Trailing 12-Months
Asset Growth
46.38%
Trailing 12-Months
Company Description
Titan Machinery Inc.
Titan Machinery, Inc. engages in the management of agricultural and construction equipment stores. It operates through the following segments: Agriculture, Construction, and International. The Agriculture segment sells, services, and rents machinery, and related parts and attachments, for uses ranging from large-scale farming to home and garden use in North America. The Construction segment focuses on machinery, and related parts and attachments, for uses ranging from heavy construction to light industrial machinery. The International segment deals with the customers in Eastern Europe. The company was founded by David Joseph Meyer in 1980 and is headquartered in West Fargo, ND.
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TITN Company Deck
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TITN Earnings Call
Q2 2024
0:00 / 0:00
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TITN Stock 12 Month Forecast
Average Price Target
$17.00
▲(19.01% Upside)
Technical Analysis
Best Analysts Covering TITN
1 Year
1 Year Success Rate
2/11 ratings generated profit
1 Year Average Return
-15.49%
assigned a buy rating 3 months ago
Copying Steven Dyer's trades and holding each position for 1 Year would result in 18.18% of your transactions generating a profit, with an average return of -15.49% per trade.
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