Annuncio • May 19
Titan Machinery Inc. to Report Q1, 2027 Results on Jun 09, 2026 Titan Machinery Inc. announced that they will report Q1, 2027 results on Jun 09, 2026 Annuncio • May 02
Titan Machinery Inc., Annual General Meeting, Jun 08, 2026 Titan Machinery Inc., Annual General Meeting, Jun 08, 2026. Major Estimate Revision • Mar 26
Consensus EPS estimates fall by 82% The consensus outlook for earnings per share (EPS) in fiscal year 2027 has deteriorated. 2027 revenue forecast decreased from US$2.22b to US$2.09b. Losses expected to increase from US$0.88 per share to US$1.60. Trade Distributors industry in the US expected to see average net income growth of 17% next year. Consensus price target down from US$23.25 to US$22.25. Share price rose 15% to US$16.20 over the past week. New Risk • Mar 19
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company. Annuncio • Mar 19
Titan Machinery Inc. Reports Impairment of Intangible and Long-Lived Assets for the Fourth Quarter Ended January 31, 2026 Titan Machinery Inc. reported Impairment of Intangible and Long-Lived Assets for the fourth quarter ended January 31, 2026. For the quarter, the company reported Impairment of Intangible and Long-Lived Assets of $1,464,000 compared to $105,000 a year ago. Annuncio • Mar 13
Titan Machinery Inc. Announces Board Changes Effective March 11, 2026 Titan Machinery Inc. announced that effective on March 11, 2026, Stan Erickson, a former Class II director and Lead Independent Director, resigned and retired from the Board of Directors of Titan Machinery Inc., consistent with the terms of the waiver of the Board's age-based retirement policy granted to Mr. Erickson in September 2025. In connection with Mr. Erickson's retirement, the Board elected Jody Horner to serve as the Board's new Lead Independent Director. Annuncio • Mar 05
Titan Machinery Inc. to Report Q4, 2026 Results on Mar 19, 2026 Titan Machinery Inc. announced that they will report Q4, 2026 results at 12:30 PM, US Eastern Standard Time on Mar 19, 2026 Reported Earnings • Nov 26
Third quarter 2026 earnings: EPS and revenues exceed analyst expectations Third quarter 2026 results: EPS: US$0.053 (down from US$0.074 in 3Q 2025). Revenue: US$644.5m (down 5.2% from 3Q 2025). Net income: US$1.20m (down 28% from 3Q 2025). Profit margin: 0.2% (in line with 3Q 2025). Revenue exceeded analyst estimates by 8.5%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 7.0% growth forecast for the Trade Distributors industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Annuncio • Nov 11
Titan Machinery Inc. to Report Q3, 2026 Results on Nov 25, 2025 Titan Machinery Inc. announced that they will report Q3, 2026 results Pre-Market on Nov 25, 2025 Reported Earnings • Aug 28
Second quarter 2026 earnings: EPS and revenues exceed analyst expectations Second quarter 2026 results: US$0.26 loss per share (further deteriorated from US$0.19 loss in 2Q 2025). Revenue: US$546.4m (down 14% from 2Q 2025). Net loss: US$6.00m (loss widened 39% from 2Q 2025). Revenue exceeded analyst estimates by 8.5%. Earnings per share (EPS) also surpassed analyst estimates by 46%. Revenue is expected to decline by 1.0% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in the US are expected to grow by 7.1%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Annuncio • Aug 14
Titan Machinery Inc. to Report Q2, 2026 Results on Aug 28, 2025 Titan Machinery Inc. announced that they will report Q2, 2026 results Pre-Market on Aug 28, 2025 Reported Earnings • May 23
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: US$0.58 loss per share (down from US$0.41 profit in 1Q 2025). Revenue: US$594.3m (down 5.5% from 1Q 2025). Net loss: US$13.2m (down 242% from profit in 1Q 2025). Revenue exceeded analyst estimates by 33%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in the US are expected to grow by 6.6%. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Annuncio • May 09
Titan Machinery Inc. to Report Q1, 2026 Results on May 22, 2025 Titan Machinery Inc. announced that they will report Q1, 2026 results on May 22, 2025 Annuncio • Apr 24
Titan Machinery Inc., Annual General Meeting, Jun 02, 2025 Titan Machinery Inc., Annual General Meeting, Jun 02, 2025. Major Estimate Revision • Mar 27
Consensus EPS estimates fall by 65% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$2.41b to US$2.18b. Losses expected to increase from US$1.09 per share to US$1.80. Trade Distributors industry in the US expected to see average net income growth of 7.1% next year. Consensus price target down from US$21.25 to US$20.60. Share price rose 8.7% to US$18.07 over the past week. Recent Insider Transactions • Mar 26
Chairman of the Board & Co-Founder recently bought US$430k worth of stock On the 24th of March, David Meyer bought around 26k shares on-market at roughly US$16.83 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of US$1.4m worth in shares. Buy Or Sell Opportunity • Mar 20
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 26% to US$16.63. The fair value is estimated to be US$13.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company became loss making. For the next 3 years, revenue is forecast to decline by 0.5% per annum. Earnings are forecast to grow by 51% per annum over the same time period. Annuncio • Mar 14
Titan Machinery Inc. to Report Q4, 2025 Results on Mar 20, 2025 Titan Machinery Inc. announced that they will report Q4, 2025 results on Mar 20, 2025 Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$18.12, the stock trades at a trailing P/E ratio of 13.6x. Average forward P/E is 18x in the Trade Distributors industry in the US. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$14.39 per share. Price Target Changed • Jan 27
Price target increased by 19% to US$20.00 Up from US$16.80, the current price target is an average from 5 analysts. New target price is 15% above last closing price of US$17.39. Stock is down 37% over the past year. The company is forecast to post a net loss per share of US$0.30 compared to earnings per share of US$4.93 last year. Buy Or Sell Opportunity • Jan 27
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 24% to US$17.39. The fair value is estimated to be US$14.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to decline by 2.1% per annum. Earnings are also forecast to decline by 51% per annum over the same time period. Major Estimate Revision • Dec 03
Consensus EPS estimates fall by 49% The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -US$0.217 to -US$0.325 per share. Revenue forecast unchanged at US$2.67b. Trade Distributors industry in the US expected to see average net income growth of 7.1% next year. Consensus price target up from US$16.80 to US$17.80. Share price fell 4.7% to US$15.31 over the past week. Annuncio • Nov 27
Titan Machinery Inc. Reports Impairment of Intangible and Long-Lived Assets for the Third Quarter Ended October 31, 2024 Titan Machinery Inc. reported Impairment of Intangible and Long-Lived Assets for the third quarter ended October 31, 2024. For the quarter, the company reported Impairment of Intangible and Long-Lived Assets of $264,000. Reported Earnings • Nov 26
Third quarter 2025 earnings: EPS exceeds analyst expectations Third quarter 2025 results: EPS: US$0.076 (down from US$1.32 in 3Q 2024). Revenue: US$679.8m (down 2.1% from 3Q 2024). Net income: US$1.71m (down 94% from 3Q 2024). Profit margin: 0.3% (down from 4.3% in 3Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 150%. Revenue is expected to decline by 2.2% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in the US are expected to grow by 5.4%. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Annuncio • Nov 26
Titan Machinery Inc. Revises Earnings Guidance for the Fiscal Year 2025 Titan Machinery Inc. revised earnings guidance for the fiscal year 2025. For the year, the company expects diluted loss per share to be in the range of $0.61 to $0.11 as compared to the previous guidance of Negative ($0.36) to $0.14. Annuncio • Nov 13
Titan Machinery Inc. to Report Q3, 2025 Results on Nov 26, 2024 Titan Machinery Inc. announced that they will report Q3, 2025 results on Nov 26, 2024 Buy Or Sell Opportunity • Nov 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.1% to US$14.83. The fair value is estimated to be US$18.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to decline by 1.8% per annum. Earnings are also forecast to decline by 46% per annum over the same time period. Buy Or Sell Opportunity • Oct 21
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to US$14.64. The fair value is estimated to be US$18.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to decline by 1.8% per annum. Earnings are also forecast to decline by 46% per annum over the same time period. Major Estimate Revision • Sep 05
Consensus EPS estimates upgraded to US$0.22 loss The consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -US$0.313 to -US$0.217 per share. Revenue forecast steady at US$2.66b. Trade Distributors industry in the US expected to see average net income growth of 3.5% next year. Consensus price target up from US$14.75 to US$16.80. Share price fell 2.6% to US$13.87 over the past week. Reported Earnings • Aug 30
Second quarter 2025 earnings: Revenues and EPS in line with analyst expectations Second quarter 2025 results: US$0.19 loss per share (down from US$1.38 profit in 2Q 2024). Revenue: US$633.7m (down 1.4% from 2Q 2024). Net loss: US$4.30m (down 114% from profit in 2Q 2024). Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in the US are expected to grow by 5.5%. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. New Risk • Aug 29
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 152% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (1.2% operating cash flow to total debt). Earnings are forecast to decline by an average of 152% per year for the foreseeable future. Annuncio • Aug 29
Titan Machinery Inc. Reports Impairment Charges for the Second Quarter Ended July 31, 2024 Titan Machinery Inc. reported impairment charges for the second quarter ended July 31, 2024. For the quarter, the company reported impairment of goodwill of $531,000 and impairment of intangible and long-lived assets was $942,000. Major Estimate Revision • Aug 15
Consensus EPS estimates have been downgraded. The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$2.91b to US$2.65b. Now expected to report a loss of US$0.33 per share instead of US$2.26 per share profit previously forecast. Trade Distributors industry in the US expected to see average net income growth of 5.5% next year. Consensus price target down from US$21.09 to US$19.25. Share price fell 12% to US$13.75 over the past week. Buy Or Sell Opportunity • Jul 18
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to US$16.82. The fair value is estimated to be US$21.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 2.1% per annum. Earnings are forecast to decline by 24% per annum over the same time period. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$17.60, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Trade Distributors industry in the US. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$21.72 per share. Major Estimate Revision • May 30
Consensus EPS estimates fall by 30% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$2.99b to US$2.91b. EPS estimate also fell from US$3.22 per share to US$2.27 per share. Net income forecast to shrink 44% next year vs 8.5% growth forecast for Trade Distributors industry in the US . Consensus price target down from US$31.80 to US$27.60. Share price fell 6.7% to US$18.43 over the past week. Reported Earnings • May 24
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: EPS: US$0.42 (down from US$1.19 in 1Q 2024). Revenue: US$628.7m (up 10% from 1Q 2024). Net income: US$9.44m (down 65% from 1Q 2024). Profit margin: 1.5% (down from 4.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 33%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Trade Distributors industry in the US. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Annuncio • May 24
Titan Machinery Inc. Revises Earnings Guidance for the Fiscal Year 2025 Titan Machinery Inc. revised earnings guidance for the fiscal year 2025. For the year, the company expects Diluted EPS of $2.25 to $2.75 against $3.00 to $3.50 expected previously. Valuation Update With 7 Day Price Move • May 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$19.75, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Trade Distributors industry in the US. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$14.14 per share. Annuncio • May 11
Titan Machinery Inc. to Report Q1, 2025 Results on May 23, 2024 Titan Machinery Inc. announced that they will report Q1, 2025 results on May 23, 2024 Annuncio • Apr 23
Titan Machinery Inc., Annual General Meeting, Jun 03, 2024 Titan Machinery Inc., Annual General Meeting, Jun 03, 2024, at 09:00 Central Standard Time. Agenda: To elect three directors each for a three-year term; to conduct an advisory vote on a non-binding resolution to approve the compensation of named executive officers; to ratify the appointment of Deloitte & Touche LLP as Independent Registered Public Accounting Firm for the fiscal year ending January 31, 2025; to approve the Second Amended and Restated Titan Machinery Inc. 2014 Equity Incentive Plan; and to transact such other business as may properly come before the Annual Meeting or any adjournment or postponement thereof. Major Estimate Revision • Mar 28
Consensus EPS estimates fall by 26%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$2.75b to US$3.00b. EPS estimate fell from US$4.38 to US$3.24 per share. Net income forecast to shrink 35% next year vs 5.0% growth forecast for Trade Distributors industry in the US . Consensus price target down from US$37.20 to US$31.80. Share price fell 9.9% to US$24.22 over the past week. Annuncio • Mar 23
Titan Machinery Inc. Provides Earnings Guidance for the Fiscal Year 2025 Titan Machinery Inc. provided earnings guidance for the fiscal year 2025. For the year, the company expects Diluted EPS to be in the range of $3.00 to $3.50. Reported Earnings • Mar 21
Full year 2024 earnings: EPS in line with analyst expectations despite revenue beat Full year 2024 results: EPS: US$5.00 (up from US$4.50 in FY 2023). Revenue: US$2.76b (up 25% from FY 2023). Net income: US$112.4m (up 12% from FY 2023). Profit margin: 4.1% (down from 4.6% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Trade Distributors industry in the US. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annuncio • Mar 14
Titan Machinery Inc. to Report Q4, 2024 Results on Mar 21, 2024 Titan Machinery Inc. announced that they will report Q4, 2024 results on Mar 21, 2024 Annuncio • Jan 19
Titan Machinery Inc. Elects Richard E. Lewis to Its Board of Directors, Effective February 1, 2024 Titan Machinery Inc. announced that it has elected Richard E. Lewis to its Board of Directors. Mr. Lewis’ term on the Board of Directors will begin February 1, 2024. With the election of Mr. Lewis, the Board will consist of nine directors, including seven independent directors. Mr. Lewis currently serves as director and the principal executive of Iron Capital Group, a company founded by Mr. Lewis in 2015. Iron Capital Group offers equipment leasing solutions to earthmoving and mining customers in Australian and North America. From 2009 to 2015, Mr. Lewis was a director and self-employed finance broker for Tracfin Pty Ltd, which provided equipment finance solutions to the mining, earthmoving, and agricultural segments of the Australian market. While working for Tracfin, Mr. Lewis also served as the Executive Director of the Tractor and Machinery Association of Australia, providing strategic consulting services to the organization. From 2003 to 2009, Mr. Lewis was employed by William Adams Pty Ltd. (a Caterpillar dealer located in Victoria and Tasmania, Australia), where he held business and sales positions. From 2002-2003, Mr. Lewis held the position of Regional Manager Asia Pacific for Caterpillar Redistribution Services Inc. (a subsidiary of Caterpillar Inc.), responsible for the redistribution of used and new Caterpillar machinery throughout the Caterpillar dealer network. From 1993 through 2001, Mr. Lewis worked in the Australian equipment finance industry, including employment with Caterpillar Financial Australia and CNH Capital. Mr. Lewis has served as a director of the Australian Tractor and Machinery Association (2002-2008), holding the position of chairperson for his final two years. In 2011, Mr. Lewis became a director of O’Connor & Sons Pty. Ltd. and was serving as Board Chair at the time of Titan’s acquisition of the O’Connors’ business in October 2023. Mr. Lewis earned a Bachelor of Business in Banking and Finance from the Monash University, Melbourne, Australia (1992). Price Target Changed • Dec 01
Price target decreased by 9.4% to US$38.20 Down from US$42.17, the current price target is an average from 5 analysts. New target price is 55% above last closing price of US$24.63. Stock is down 42% over the past year. The company is forecast to post earnings per share of US$4.94 for next year compared to US$4.50 last year. Reported Earnings • Dec 01
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: US$1.34 (down from US$1.82 in 3Q 2023). Revenue: US$694.1m (up 3.8% from 3Q 2023). Net income: US$30.2m (down 26% from 3Q 2023). Profit margin: 4.3% (down from 6.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Trade Distributors industry in the US. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Annuncio • Dec 01
Titan Machinery Inc. Provides Earnings Guidance for the Fiscal 2024 Titan Machinery Inc. provided earnings guidance for the Fiscal 2024. For the year, the company expects Diluted EPS to be $4.60 - $5.25. Annuncio • Nov 17
Titan Machinery Inc. to Report Q3, 2024 Results on Nov 30, 2023 Titan Machinery Inc. announced that they will report Q3, 2024 results on Nov 30, 2023 New Risk • Sep 06
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. High level of non-cash earnings (27% accrual ratio). Annuncio • Sep 01
Titan Machinery Inc. Reiterates Earnings Guidance for Fiscal 2024 Titan Machinery Inc. reiterated earnings guidance for fiscal 2024. The Company is reiterating its previous expectations for Fiscal 2024. Diluted EPS to be $4.60 - $5.25. Reported Earnings • Aug 31
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Second quarter 2024 results: EPS: US$1.39 (up from US$1.10 in 2Q 2023). Revenue: US$642.6m (up 29% from 2Q 2023). Net income: US$31.3m (up 27% from 2Q 2023). Profit margin: 4.9% (down from 5.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.1%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Trade Distributors industry in the US. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 31
Titan Machinery Inc. (NasdaqGS:TITN) entered into an agreement to acquire J.J. O'Connor & Sons Pty. Ltd. for $63 million. Titan Machinery Inc. (NasdaqGS:TITN) entered into an agreement to acquire J.J. O'Connor & Sons Pty. Ltd. for $63 million on August 30, 2023. The transaction will be funded with cash and Titan’s existing credit facility. J.J. O’Connor reported the revenue of $258 million and the EBITDA of $21.4 million for the period ended June 30, 2023. Titan Machinery will retain O’Connors’ management team following the integration. The Transaction is subject to customary closing conditions and is expected to close in the fourth quarter of calendar 2023. Annuncio • Aug 11
Titan Machinery Inc. to Report Q2, 2024 Results on Aug 31, 2023 Titan Machinery Inc. announced that they will report Q2, 2024 results on Aug 31, 2023 New Risk • Jun 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 4.0% per year for the foreseeable future. High level of non-cash earnings (27% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to US$25.25, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 11x in the Trade Distributors industry in the US. Total returns to shareholders of 144% over the past three years. Annuncio • May 26
Titan Machinery Inc. Reiterates Earnings Guidance for Fiscal 2024 Titan Machinery Inc. reiterated earnings guidance for fiscal 2024. The Company is reiterating its previous expectations for Fiscal 2024. Diluted EPS to be $4.50 - $5.10.