Titan Machinery Stock Today

TITN Stock  USD 15.45  0.24  1.53%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Titan Machinery is selling at 15.45 as of the 30th of November 2024; that is 1.53 percent decrease since the beginning of the trading day. The stock's open price was 15.69. Titan Machinery has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat modest performance during the last 90 days. Equity ratings for Titan Machinery are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
6th of December 2007
Category
Industrials
Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores in the United States and Europe. Titan Machinery Inc. was founded in 1980 and is headquartered in West Fargo, North Dakota. Titan Machinery operates under Industrial Distribution classification in the United States and is traded on NASDAQ Exchange. The company has 23.13 M outstanding shares of which 1.13 M shares are at this time shorted by private and institutional investors with about 6.63 trading days to cover. More on Titan Machinery

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Titan Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanDavid Meyer
Thematic Ideas
(View all Themes)
Business ConcentrationTrading Companies & Distributors, Industrial Distribution, Industrials, NASDAQ Composite, NASDAQ Composite Total, Marketing, Stores, Industrials, Trading Companies & Distributors, Industrial Distribution, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.821.3846
Significantly Up
Slightly volatile
Gross Profit Margin0.140.1926
Way Down
Slightly volatile
Net Debt1.1 BB
Sufficiently Up
Pretty Stable
Total Current Liabilities1.2 B1.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total117.2 M182.2 M
Way Down
Very volatile
Total Assets2.1 BB
Sufficiently Up
Slightly volatile
Total Current Assets1.6 B1.5 B
Sufficiently Up
Slightly volatile
Debt Levels
Titan Machinery can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Titan Machinery's financial leverage. It provides some insight into what part of Titan Machinery's total assets is financed by creditors.
Liquidity
Titan Machinery currently holds 1.08 B in liabilities with Debt to Equity (D/E) ratio of 0.91, which is about average as compared to similar companies. Titan Machinery has a current ratio of 1.73, which is within standard range for the sector. Note, when we think about Titan Machinery's use of debt, we should always consider it together with its cash and equity.

Depreciation

20.01 Million
Titan Machinery (TITN) is traded on NASDAQ Exchange in USA. It is located in 644 East Beaton Drive, West Fargo, ND, United States, 58078-2648 and employs 3,338 people. Titan Machinery is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 357.32 M. Titan Machinery conducts business under Trading Companies & Distributors sector and is part of Industrials industry. The entity has 23.13 M outstanding shares of which 1.13 M shares are at this time shorted by private and institutional investors with about 6.63 trading days to cover. Titan Machinery currently holds about 142.06 M in cash with (32.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.38.
Check Titan Machinery Probability Of Bankruptcy
Ownership Allocation
Titan Machinery shows a total of 23.13 Million outstanding shares. The majority of Titan Machinery outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Titan Machinery to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Titan Machinery. Please pay attention to any change in the institutional holdings of Titan Machinery as this could imply that something significant has changed or is about to change at the company. Also note that roughly two hundred twenty-two thousand twenty-seven invesors are currently shorting Titan Machinery expressing very little confidence in its future performance.
Check Titan Ownership Details

Titan Stock Institutional Holders

InstituionRecorded OnShares
State Street Corp2024-06-30
536.6 K
Geode Capital Management, Llc2024-09-30
473.8 K
Arnhold & S. Bleichroeder Advisers, Llc2024-09-30
445.5 K
Aristotle Capital Boston, Llc2024-06-30
443.5 K
Dana Investment Advisors Inc2024-09-30
390.6 K
Deutsche Bank Ag2024-06-30
384.7 K
Victory Capital Management Inc.2024-09-30
356.1 K
Arrowmark Colorado Holdings, Llc (arrowmark Partners)2024-09-30
341.8 K
Sei Investments Co2024-06-30
306.6 K
Nantahala Capital Management, Llc2024-09-30
1.6 M
Blackrock Inc2024-06-30
1.6 M
View Titan Machinery Diagnostics

Titan Machinery Historical Income Statement

At this time, Titan Machinery's Net Income is very stable compared to the past year. As of the 30th of November 2024, Income Tax Expense is likely to grow to about 40.5 M, while Interest Expense is likely to drop about 13.6 M. View More Fundamentals

Titan Stock Against Markets

Titan Machinery Corporate Management

Robert LarsenCFO TreasurerProfile
Ray OchsnerChief OfficerProfile
Jeff BowmanChief OfficerProfile
Jason AndersonVice AdministrationProfile
When determining whether Titan Machinery offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Titan Machinery's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Titan Machinery Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Titan Machinery Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Titan Machinery. If investors know Titan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Titan Machinery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.66)
Earnings Share
1.35
Revenue Per Share
124.573
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0424
The market value of Titan Machinery is measured differently than its book value, which is the value of Titan that is recorded on the company's balance sheet. Investors also form their own opinion of Titan Machinery's value that differs from its market value or its book value, called intrinsic value, which is Titan Machinery's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Titan Machinery's market value can be influenced by many factors that don't directly affect Titan Machinery's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Titan Machinery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Titan Machinery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Titan Machinery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.