Should I buy or sell Titan Machinery stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Titan Machinery in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TITN shares. View TITN analyst ratings or view top-rated stocks .

What is Titan Machinery's stock price target for 2024?

4 Wall Street analysts have issued 1-year price objectives for Titan Machinery's shares. Their TITN share price targets range from $42.00 to $50.00. On average, they expect the company's share price to reach $45.33 in the next year. This suggests a possible upside of 94.9% from the stock's current price. View analysts price targets for TITN or view top-rated stocks among Wall Street analysts .

How have TITN shares performed in 2024?

Titan Machinery's stock was trading at $28.88 at the start of the year. Since then, TITN stock has decreased by 19.5% and is now trading at $23.26. View the best growth stocks for 2024 here .

Are investors shorting Titan Machinery?

Titan Machinery saw a drop in short interest in March. As of March 31st, there was short interest totaling 726,600 shares, a drop of 20.9% from the March 15th total of 918,600 shares. Based on an average daily trading volume, of 183,700 shares, the days-to-cover ratio is currently 4.0 days. Approximately 3.6% of the company's stock are sold short. View Titan Machinery's Short Interest .

When is Titan Machinery's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024. View our TITN earnings forecast .

How were Titan Machinery's earnings last quarter?

Titan Machinery Inc. (NASDAQ:TITN) announced its quarterly earnings data on Thursday, March, 21st. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.06. The business earned $852.10 million during the quarter, compared to analyst estimates of $734.99 million. Titan Machinery had a net margin of 4.08% and a trailing twelve-month return on equity of 18.40%. The business's revenue was up 46.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.81 earnings per share.

What ETFs hold Titan Machinery's stock?

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) and Roundhill Acquirers Deep Value ETF (DEEP) . ERShares NextGen Entrepreneurs ETF (ERSX) .

What guidance has Titan Machinery issued on next quarter's earnings?

Titan Machinery updated its FY 2025 earnings guidance on Thursday, March, 21st. The company provided earnings per share (EPS) guidance of 3.000-3.500 for the period, compared to the consensus estimate of 4.400. The company issued revenue guidance of -.

What is David J. Meyer's approval rating as Titan Machinery's CEO?

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.

What other stocks do shareholders of Titan Machinery own?

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) .

Who are Titan Machinery's major shareholders?

Titan Machinery's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.05%). Insiders that own company stock include David Joseph Meyer , Stan K Erickson and Tony Christianson . View institutional ownership trends .

How do I buy shares of Titan Machinery?

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 .

Does Titan Machinery have any subsidiaries?

The following companies are subsidiares of Titan Machinery: AGRAM Landtechnik Rollwitz GmbH, AGRAM Landtechnikvertrieb GmbH, Aberdeen Equipment Co., Anderson Power and Equipment Inc., Avoca Operations Inc., Farm Power Inc., Fergus International Inc., Greenfield Operations Inc., H.C. Clark Implement Co. Inc., HorizonWest, Huron Equipment Co., Jaycox, NW Property Solutions LLC, Piorier Equipment Company Inc, Quad County Implement Inc., RAJ Equipment, Red Power International Inc., Redfield Equipment Co., Reiten and Young International Inc., Richland County Implement Inc., Schoffman's Inc., Smith International Inc., Titan European Holdings S.a.r.l., Titan Machinery Austria GmbH, Titan Machinery Bulgaria AD, Titan Machinery Deutschland GmbH, Titan Machinery Romania S.R.L., Titan Machinery Ukraine LLC, Twin City Implement Inc., Valley Farm Equipment Inc., Vern Anderson Inc., Western Plains Machinery Co., and Winger Implement Inc.. Read More

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NASDAQ:TITN

Titan Machinery (TITN) Stock Price, News & Analysis

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$23.26

-0.13 (-0.56%)

(As of 04/15/2024 ET)

Compare

Today's Range: $23.20
▼
$23.79
50-Day Range: $23.26
▼
$28.09
52-Week Range: $21.44
▼
$35.88

Volume: 147,299 shs
Average Volume: 182,623 shs
Market Capitalization: $531.47 million

P/E Ratio: 4.71
Dividend Yield: N/A
Price Target: $45.33

Get Titan Machinery alerts:

Titan Machinery MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 94.9% Upside
$45.33 Price Target
Short Interest: Healthy
3.56% of Float Sold Short
Dividend Strength: N/A
Sustainability: -3.52
Upright™ Environmental Score
News Sentiment: 1.57
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 5.67%
From $3.35 to $3.54 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.64 out of 5 stars

Retail/Wholesale Sector

23rd out of 201 stocks

Retail Stores, Not Elsewhere Classified Industry

4th out of 12 stocks

3.5

Analyst's Opinion

Consensus Rating
Titan Machinery has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Titan Machinery has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
3.56% 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 4.
Change versus previous month
Short interest in Titan Machinery has recently decreased by 20.90%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Titan Machinery does not currently pay a dividend.
Dividend Growth
Titan Machinery does not have a long track record of dividend growth.

1.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Titan Machinery has received a -34.46% net impact score from Upright. The largest negative impact of Titan Machinery in category "GHG emissions" seems to be driven mostly by its "Retail and wholesale of loader tractors", "Retail and wholesale of road rollers", "Retail and wholesale of agricultural tractors", "Retail and wholesale of backhoe loaders", "Retail and wholesale of motor graders", and "Retail and wholesale of tractor implements for tillage" products. See details.
Environmental Sustainability
The Environmental Impact score for Titan Machinery is -3.52.

3.6

News and Social Media Coverage

News Sentiment
Titan Machinery has a news sentiment score of 1.57. 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 0.56 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 2 articles on an average week.
Search Interest
Only 2 people have searched for TITN on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
MarketBeat Follows
2 people have added Titan Machinery to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

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
10.51% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Titan Machinery are expected to grow by 5.67% in the coming year, from $3.35 to $3.54 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Titan Machinery is 4.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Titan Machinery is 4.71, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 26.43.
Price to Book Value per Share Ratio
Titan Machinery has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Titan Machinery Stock (NASDAQ:TITN)

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.

TITN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TITN Stock News Headlines

April 15, 2024 | americanbankingnews.com

Titan Machinery Inc. (NASDAQ:TITN) Short Interest Update

April 12, 2024 | investorplace.com

Could These 3 Stocks be the Biggest Bargains of Q2 2024

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

April 3, 2024 | investorplace.com

The 3 Most Undervalued Small-Cap Stocks to Buy in April 2024

March 24, 2024 | insidermonkey.com

Titan Machinery Inc. (NASDAQ:TITN) Q4 2024 Earnings Call Transcript

March 23, 2024 | finance.yahoo.com

Titan Machinery Inc. (NASDAQ:TITN) Just Reported Earnings, And Analysts Cut Their Target Price

March 22, 2024 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: Amprius Technologies Inc (AMPX), EMCOR Group (EME) and Titan Machinery (TITN)

March 22, 2024 | finance.yahoo.com

Q4 2024 Titan Machinery Inc Earnings Call

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

March 21, 2024 | finance.yahoo.com

Titan Machinery Inc (TITN) Reports Record Revenue and Earnings for Fiscal 2024

March 21, 2024 | seekingalpha.com

Titan Machinery Inc. 2023 Q4 - Results - Earnings Call Presentation

March 21, 2024 | investorplace.com

TITN Stock Earnings: Titan Machinery Beats EPS, Beats Revenue for Q4 2024

March 21, 2024 | sfgate.com

Titan Machinery: Fiscal Q4 Earnings Snapshot

March 21, 2024 | msn.com

Titan Machinery beats top-line and bottom-line estimates; initiates FY25 outlook

March 21, 2024 | finance.yahoo.com

Titan Machinery Inc. Announces Results for Fiscal Fourth Quarter and Full Year Ended January 31, 2024

March 21, 2024 | globenewswire.com

Titan Machinery Inc. Announces Results for Fiscal Fourth Quarter and Full Year Ended January 31, 2024

March 20, 2024 | msn.com

Mandan Titan Machinery is helping farmers get ready for spring planting

March 19, 2024 | markets.businessinsider.com

Analysts Are Bullish on Top Industrial Goods Stocks: Titan Machinery (TITN), KBR (KBR)

March 18, 2024 | seekingalpha.com

Titan Machinery: Cheap Enough

March 16, 2024 | finance.yahoo.com

TITN Apr 2024 25.000 call

March 13, 2024 | investorplace.com

The 3 Most Undervalued Small-Cap Stocks to Buy in March 2024

March 13, 2024 | globenewswire.com

Titan Machinery Inc. to Report Fiscal Fourth Quarter and Full Year Ended January 31, 2024 Results on Thursday, March 21, 2024

March 11, 2024 | finance.yahoo.com

What Titan Machinery Inc.'s (NASDAQ:TITN) ROE Can Tell Us

March 8, 2024 | msn.com

Titan Machinery’s (NASDAQ:TITN) Ambitious Expansion Creates Deep Value Opportunity

March 1, 2024 | wsj.com

Titan Machinery Inc.

February 23, 2024 | benzinga.com

Titan Machinery Stock (NASDAQ:TITN) Dividends: History, Yield and Dates

February 18, 2024 | finance.yahoo.com

TITN Mar 2024 20.000 put

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Company Calendar

Last Earnings: 3/21/2024
Today: 4/15/2024
Next Earnings (Estimated): 5/23/2024
Fiscal Year End: 1/31/2025

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Retail/Wholesale
Industry: Retail stores, not elsewhere classified
Sub-Industry: Trading Companies & Distributors
Current Symbol: NASDAQ:TITN
CUSIP: 88830R10
CIK: 1409171
Web: www.titanmachinery.com
Phone: (701) 356-0130
Fax: 701-356-0139
Employees: 3,338
Year Founded: 1980

Price Target and Rating

Average Stock Price Target: $45.33
High Stock Price Target: $50.00
Low Stock Price Target: $42.00
Potential Upside/Downside: +94.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.94
Trailing P/E Ratio: 4.71
Forward P/E Ratio: 6.94
P/E Growth: N/A
Net Income: $112.44 million
Net Margins: 4.08%
Pretax Margin: 5.48%
Return on Equity: 18.40%
Return on Assets: 6.88%

Debt

Debt-to-Equity Ratio: 0.16
Current Ratio: 1.32
Quick Ratio: 0.19

Sales & Book Value

Annual Sales: $2.76 billion
Price / Sales: 0.19
Cash Flow: $6.27 per share
Price / Cash Flow: 3.71
Book Value: $28.78 per share
Price / Book: 0.81

Miscellaneous

Outstanding Shares: 22,849,000
Free Float: 20,448,000
Market Cap: $531.47 million
Optionable: Optionable
Beta: 1.41

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Key Executives

Mr. David Joseph Meyer (Age 71)
Executive Chairman of the Board & Co-Founder
Comp: $486.88k
Mr. Bryan J. Knutson (Age 46)
President, CEO & Director
Comp: $1.16M
Mr. Robert Larsen (Age 39)
CFO & Treasurer
Comp: $786.42k
Mr. Jason Anderson
Vice President of Human Resources & Administration
Mr. Steve Noack
General Counsel, Compliance Officer & Corporate Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TITN Stock Analysis - Frequently Asked Questions

Should I buy or sell Titan Machinery stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Titan Machinery in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TITN shares.
View TITN analyst ratings or view top-rated stocks.
What is Titan Machinery's stock price target for 2024?: 4 Wall Street analysts have issued 1-year price objectives for Titan Machinery's shares. Their TITN share price targets range from $42.00 to $50.00. On average, they expect the company's share price to reach $45.33 in the next year. This suggests a possible upside of 94.9% from the stock's current price.
View analysts price targets for TITN or view top-rated stocks among Wall Street analysts.
How have TITN shares performed in 2024?: Titan Machinery's stock was trading at $28.88 at the start of the year. Since then, TITN stock has decreased by 19.5% and is now trading at $23.26.
View the best growth stocks for 2024 here.
Are investors shorting Titan Machinery?: Titan Machinery saw a drop in short interest in March. As of March 31st, there was short interest totaling 726,600 shares, a drop of 20.9% from the March 15th total of 918,600 shares. Based on an average daily trading volume, of 183,700 shares, the days-to-cover ratio is currently 4.0 days. Approximately 3.6% of the company's stock are sold short.
View Titan Machinery's Short Interest.
When is Titan Machinery's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our TITN earnings forecast.
How were Titan Machinery's earnings last quarter?: Titan Machinery Inc. (NASDAQ:TITN) announced its quarterly earnings data on Thursday, March, 21st. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.06. The business earned $852.10 million during the quarter, compared to analyst estimates of $734.99 million. Titan Machinery had a net margin of 4.08% and a trailing twelve-month return on equity of 18.40%. The business's revenue was up 46.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.81 earnings per share.
What ETFs hold Titan Machinery's stock?: 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) and Roundhill Acquirers Deep Value ETF (DEEP).ERShares NextGen Entrepreneurs ETF (ERSX).

What guidance has Titan Machinery issued on next quarter's earnings?: Titan Machinery updated its FY 2025 earnings guidance on Thursday, March, 21st. The company provided earnings per share (EPS) guidance of 3.000-3.500 for the period, compared to the consensus estimate of 4.400. The company issued revenue guidance of -.
What is David J. Meyer's approval rating as Titan Machinery's CEO?: 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.
What other stocks do shareholders of Titan Machinery own?: 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).
Who are Titan Machinery's major shareholders?: Titan Machinery's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.05%). Insiders that own company stock include David Joseph Meyer, Stan K Erickson and Tony Christianson.
View institutional ownership trends.
How do I buy shares of Titan Machinery?: 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.
Does Titan Machinery have any subsidiaries?: The following companies are subsidiares of Titan Machinery: AGRAM Landtechnik Rollwitz GmbH, AGRAM Landtechnikvertrieb GmbH, Aberdeen Equipment Co., Anderson Power and Equipment Inc., Avoca Operations Inc., Farm Power Inc., Fergus International Inc., Greenfield Operations Inc., H.C. Clark Implement Co. Inc., HorizonWest, Huron Equipment Co., Jaycox, NW Property Solutions LLC, Piorier Equipment Company Inc, Quad County Implement Inc., RAJ Equipment, Red Power International Inc., Redfield Equipment Co., Reiten and Young International Inc., Richland County Implement Inc., Schoffman's Inc., Smith International Inc., Titan European Holdings S.a.r.l., Titan Machinery Austria GmbH, Titan Machinery Bulgaria AD, Titan Machinery Deutschland GmbH, Titan Machinery Romania S.R.L., Titan Machinery Ukraine LLC, Twin City Implement Inc., Valley Farm Equipment Inc., Vern Anderson Inc., Western Plains Machinery Co., and Winger Implement Inc..
Read More

This page (NASDAQ:TITN) was last updated on 4/16/2024 by MarketBeat.com Staff

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Titan Machinery (TITN) Stock Price, News & Analysis

Titan Machinery MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Titan Machinery Stock (NASDAQ:TITN)

TITN Stock Price History

TITN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

TITN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™