A share price of Titan Machinery Inc [TITN] is currently trading at $17.77, up 4.25%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TITN shares have gain 24.01% over the last week, with a monthly amount drifted -2.04%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Titan Machinery Inc [NASDAQ: TITN] stock has seen the most recent analyst activity on January 27, 2025, when Robert W. Baird upgraded its rating to a Outperform and also boosted its price target to $25 from $14. Previously, Northland Capital downgraded its rating to Market Perform on August 20, 2024. On August 15, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $15 on the stock. B. Riley Securities downgraded its rating to a Neutral and decreased its price target to $20 on June 05, 2024. Lake Street initiated its recommendation with a Buy and recommended $50 as its price target on July 25, 2023. B. Riley Securities started tracking with a Buy rating for this stock on December 13, 2022, and assigned it a price target of $48. In a note dated November 24, 2021, Robert W. Baird downgraded an Neutral rating on this stock and boosted its target price from $37 to $41.
Titan Machinery Inc experienced fluctuations in its stock price throughout the past year between $12.30 and $24.92. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Titan Machinery Inc [NASDAQ: TITN] shares were valued at $17.77 at the most recent close of the market. An investor can expect a potential return of 40.69% based on the average TITN price forecast.
Analyzing the TITN fundamentals
Trailing Twelve Months sales for Titan Machinery Inc [NASDAQ:TITN] were 2.70B which represents -10.82% decline. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.06 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.08 points at the first support level, and at 16.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.14, and for the 2nd resistance point, it is at 18.52.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Titan Machinery Inc [NASDAQ:TITN] is 1.35. Further, the Quick Ratio stands at 0.19, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 0.15, the price to book ratio is 0.62.
Transactions by insiders
Recent insider trading involved Larsen Robert, Chief Financial Officer, that happened on May 28 ’24 when 275.0 shares were purchased. Director, Meyer David Joseph completed a deal on May 28 ’24 to buy 55000.0 shares. Meanwhile, Chief Financial Officer Larsen Robert bought 417.0 shares on Apr 01 ’24.
