Over the past three months, Titan Machinery Inc. [TITN] ended the trading day at $18.41 and exhibited a change of 4.78% with a 24 hour trading and reached upto the volume of 172.88K compared to its recorded trading volume of 0.85 million. TITN generated a 1 year amount change with 3.08%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 10.90% with an amount shift of 21.76% over the last month.

On 10, November 2020, Titan Machinery Inc. to Report Fiscal Third Quarter Ended October 31, 2020 Results on November 24, 2020. According to news published on Yahoo Finance, Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, announced today it will release financial results for the third quarter ended October 31, 2020, on Tuesday, November 24, 2020, followed by an investor conference call at 7:30 a.m. Central time (8:30 a.m. Eastern time).

Analyst Birdseye View:

The most recent analyst activity for Titan Machinery Inc. [NASDAQ:TITN] stock was on June 17, 2019, when it was Upgrade with an Outperform rating from Robert W. Baird, which also raised its 12-month price target on the stock from $18 to $24. On January 02, 2018, William Blair Upgrade a Mkt perform rating. On December 02, 2016, Standpoint Research Downgrade a Hold rating. On March 04, 2016, Robert W. Baird Upgrade an Outperform rating and increased its price target to $16. On December 15, 2015, Sidoti Upgrade a Buy rating. On June 04, 2015, Sidoti Downgrade a Neutral rating. Feltl & Co. elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $6.96 and a peak of $18.13. Right now, the middling Wall Street analyst 12-month amount mark is $17.00. At the most recent market close, shares of Titan Machinery Inc. [NASDAQ:TITN] were valued at $18.41. According to the average price forecast, investors can expect a potential return of -3.94%.

FUNDAMENTAL ANALYSIS

Titan Machinery Inc. [NASDAQ:TITN] most recently reported quarterly sales of 303.46 billion, which represented growth of -48.80%. This publicly-traded organization’s revenue is $809,659 per employee, while its income is $8,519 per employee. This company’s Gross Margin is currently 19.20%, its Operating Margin is 1.90%, its Pretax Margin is +1.12, and its Net Margin is +1.05. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 1.55, 4.04, 3.22 and 3.28 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 60.56 and the whole liability to whole assets at 54.32. It shows enduring liability to the whole principal at 14.89 and enduring liability to assets at 0.13 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 17.70 points at 1st support level, the second support level is making up to 16.99. But as of 1st resistance point, this stock is sitting at 19.08 and at 19.75 for 2nd resistance point.

Titan Machinery Inc. [TITN] reported its earnings at $0.29 per share in the fiscal quarter closing of 7/30/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.01/share signifying the difference of 0.3 and 3,000.00% surprise value. Comparing the previous quarter ending of 4/29/2020, the stated earnings were $0.15 calling estimates for -$0.12/share with the difference of 0.27 depicting the surprise of 225.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Titan Machinery Inc. [NASDAQ:TITN] is 1.60. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.09. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.21, it’s amount to book ratio is 0.79 and showing 23.51 of P/E (TTM) ratio.