TITN Stock Overview
Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores in the United States and Europe.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$33.85|
|52 Week High||US$38.58|
|52 Week Low||US$17.92|
|1 Month Change||23.90%|
|3 Month Change||15.21%|
|1 Year Change||79.96%|
|3 Year Change||93.10%|
|5 Year Change||142.13%|
|Change since IPO||257.07%|
Recent News & Updates
The Return Trends At Titan Machinery (NASDAQ:TITN) Look Promising
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|TITN||US Trade Distributors||US Market|
Return vs Industry: TITN exceeded the US Trade Distributors industry which returned 39.9% over the past year.
Return vs Market: TITN exceeded the US Market which returned 21.3% over the past year.
|TITN Average Weekly Movement||6.1%|
|Trade Distributors Industry Average Movement||5.2%|
|Market Average Movement||5.9%|
|10% most volatile stocks in US Market||15.1%|
|10% least volatile stocks in US Market||2.2%|
Stable Share Price: TITN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TITN's weekly volatility (6%) has been stable over the past year.
About the Company
Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores in the United States and Europe. It operates through three segments: Agriculture, Construction, and International. 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.
Titan Machinery Fundamentals Summary
|TITN fundamental statistics|
Is TITN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TITN income statement (TTM)|
|Cost of Revenue||US$1.33b|
Last Reported Earnings
Oct 31, 2021
Next Earnings Date
|Earnings per share (EPS)||1.99|
|Net Profit Margin||2.69%|
How did TITN perform over the long term?See historical performance and comparison
Is Titan Machinery undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TITN ($33.85) is trading above our estimate of fair value ($22.7)
Significantly Below Fair Value: TITN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TITN is good value based on its PE Ratio (17x) compared to the US Trade Distributors industry average (20.5x).
PE vs Market: TITN is good value based on its PE Ratio (17x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: TITN is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: TITN is good value based on its PB Ratio (1.8x) compared to the US Trade Distributors industry average (2.4x).
How is Titan Machinery forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TITN's forecast earnings growth (16.8% per year) is above the savings rate (2%).
Earnings vs Market: TITN's earnings (16.8% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: TITN's earnings are forecast to grow, but not significantly.
Revenue vs Market: TITN's revenue (10.6% per year) is forecast to grow faster than the US market (10.1% per year).
High Growth Revenue: TITN's revenue (10.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TITN's Return on Equity is forecast to be low in 3 years time (14.6%).
How has Titan Machinery performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TITN has high quality earnings.
Growing Profit Margin: TITN's current net profit margins (2.7%) are higher than last year (1.4%).
Past Earnings Growth Analysis
Earnings Trend: TITN has become profitable over the past 5 years, growing earnings by 66.2% per year.
Accelerating Growth: TITN's earnings growth over the past year (132.8%) exceeds its 5-year average (66.2% per year).
Earnings vs Industry: TITN earnings growth over the past year (132.8%) exceeded the Trade Distributors industry 84.4%.
Return on Equity
High ROE: TITN's Return on Equity (10.7%) is considered low.
How is Titan Machinery's financial position?
Financial Position Analysis
Short Term Liabilities: TITN's short term assets ($604.2M) exceed its short term liabilities ($305.7M).
Long Term Liabilities: TITN's short term assets ($604.2M) exceed its long term liabilities ($136.0M).
Debt to Equity History and Analysis
Debt Level: TITN's net debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: TITN's debt to equity ratio has reduced from 150.9% to 60.6% over the past 5 years.
Debt Coverage: TITN's debt is well covered by operating cash flow (73.5%).
Interest Coverage: TITN's interest payments on its debt are well covered by EBIT (17.6x coverage).
What is Titan Machinery current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TITN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TITN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TITN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TITN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TITN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Meyer (68 yo)
Mr. David Joseph Meyer Co-Founded Titan Machinery, Inc. in 1980 and has been its Chairman and Director since 1980 and serves as its Chief Executive Officer. From 1976 to 1980, he served as a Partner in a C...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD483.55K) is below average for companies of similar size in the US market ($USD2.26M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Experienced Management: TITN's management team is seasoned and experienced (6.3 years average tenure).
Experienced Board: TITN's board of directors are considered experienced (5.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Titan Machinery Inc.'s employee growth, exchange listings and data sources
- Name: Titan Machinery Inc.
- Ticker: TITN
- Exchange: NasdaqGS
- Founded: 1980
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: US$750.641m
- Shares outstanding: 22.18m
- Website: https://www.titanmachinery.com
Number of Employees
- Titan Machinery Inc.
- 644 East Beaton Drive
- West Fargo
- North Dakota
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/26 23:22|
|End of Day Share Price||2021/11/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.