Titan Machinery Inc. (TITN)

NASDAQ: TITN · IEX Real-Time Price · USD
23.17
+0.16 (0.70%)
Apr 23, 2024, 10:00 AM EDT - Market open
0.70%
Market Cap 525.75M
Revenue (ttm) 2.76B
Net Income (ttm) 112.44M
Shares Out 22.85M
EPS (ttm) 4.93
PE Ratio 4.67
Forward PE 6.50
Dividend n/a
Ex-Dividend Date n/a
Volume 11,818
Open 22.90
Previous Close 23.01
Day's Range 22.88 - 23.17
52-Week Range 21.44 - 35.88
Beta 1.40
Analysts Strong Buy
Price Target 45.50 (+98.3%)
Earnings Date May 23, 2024

About TITN

Titan Machinery Inc. owns and operates a network of full service agricultural and construction equipment stores in the United States, Europe, and Australia. It operates through four segments: Agriculture, Construction, Europe, and Australia. 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. Its agricultural equipment includes machinery and attachments for use in the production of food, fiber, f... [Read more]

Sector Industrials
IPO Date Dec 6, 2007
Employees 3,338
Stock Exchange NASDAQ
Ticker Symbol TITN
Full Company Profile

Financial Performance

In 2023, TITN's revenue was $2.76 billion, an increase of 24.86% compared to the previous year's $2.21 billion. Earnings were $112.44 million, an increase of 10.38%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for TITN stock is "Strong Buy." The 12-month stock price forecast is $45.5, which is an increase of 98.30% from the latest price.

Price Target
$45.5
(98.30% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Titan Machinery Inc. Announces Results for Fiscal Fourth Quarter and Full Year Ended January 31, 2024

- Revenue for Fiscal 2024 increased 24.9% to a record $2.8 billion -

4 weeks ago - GlobeNewsWire

Titan Machinery Inc. to Report Fiscal Fourth Quarter and Full Year Ended January 31, 2024 Results on Thursday, March 21, 2024

WEST FARGO, N.D., March 13, 2024 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, announced today it will rele...

5 weeks ago - GlobeNewsWire

Titan Machinery Elects New Board Member

WEST FARGO, N.D., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (NASDAQ:TITN) announced today that it has elected Richard E. Lewis to its Board of Directors. Mr. Lewis' term on the Board of D...

3 months ago - GlobeNewsWire

Titan Machinery Announces Acquisition of Scott Supply, Co.

WEST FARGO, N.D., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today announced that it has a...

3 months ago - GlobeNewsWire

Titan Machinery Inc. to Participate in the 2024 ICR Conference

WEST FARGO, N.D., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today announced that manageme...

3 months ago - GlobeNewsWire

Titan Machinery Inc. Announces Results for Fiscal Third Quarter Ended October 31, 2023

- Record Revenue for Third Quarter of Fiscal 2024 of $694.1 million, with EPS of $1.32 - - Closes Acquisition of J.J. O'Connor & Sons Pty. Ltd. in October 2023 - - Updates Fiscal 2024 Modeling Assumpt...

5 months ago - GlobeNewsWire

Titan Machinery Inc. to Report Fiscal Third Quarter Ended October 31, 2023 Results on Thursday, November 30, 2023

WEST FARGO, N.D., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, announced today it will relea...

5 months ago - GlobeNewsWire

Titan Machinery Inc. Announces Leadership Succession to Drive Next Phase of Growth

President and COO Bryan Knutson to Become President and CEO Chairman and CEO David Meyer to Assume Role of Executive Chairman WEST FARGO, N.D., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (...

6 months ago - GlobeNewsWire

Titan Machinery Inc. Announces Results for Fiscal Second Quarter Ended July 31, 2023

- Revenue for Second Quarter of Fiscal 2024 Increased 29.4% to $642.6 million -

8 months ago - GlobeNewsWire

Titan Machinery Inc. Announces Strategic Acquisition of O'Connors

- Australia's leading Case IH dealership group with strong presence in high horsepower equipment -

8 months ago - GlobeNewsWire

Titan Machinery Inc. Announces Results for Fiscal First Quarter Ended April 30, 2023

- Revenue for First Quarter of Fiscal 2024 Increased 23.6% to $569.6 million -

11 months ago - GlobeNewsWire

Titan Machinery Inc. to Report Fiscal First Quarter Ended April 30, 2023 Results on May 25, 2023

WEST FARGO, N.D., May 11, 2023 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, announced today it will releas...

1 year ago - GlobeNewsWire

Titan Machinery Inc. Announces Results for Fiscal Fourth Quarter and Full Year Ended January 31, 2023

- Revenue for Fiscal 2023 Increased 29.1% to $2.2 billion -

1 year ago - GlobeNewsWire

Titan Machinery Inc. to Report Fiscal Fourth Quarter and Full Year Ended January 31, 2023 Results on March 16, 2023

WEST FARGO, N.D., March 09, 2023 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, announced today it will rele...

1 year ago - GlobeNewsWire

Titan Machinery Inc. to Present at the 2023 ICR Conference

WEST FARGO, N.D., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today announced that manageme...

1 year ago - GlobeNewsWire

Titan Machinery Announces Acquisition of Idaho Dealerships

WEST FARGO, N.D., Dec. 19, 2022 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today announced that it has e...

1 year ago - GlobeNewsWire

Titan Machinery Inc. Announces Results for Fiscal Third Quarter Ended October 31, 2022

- Revenue for Third Quarter of Fiscal 2023 Increased 47.3% to $668.8 million -

1 year ago - GlobeNewsWire

Titan Machinery Inc. to Report Fiscal Third Quarter Ended October 31, 2022 Results on November 30, 2022

WEST FARGO, N.D., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, announced today it will relea...

1 year ago - GlobeNewsWire

Titan Machinery Announces Appointment of Bo Larsen as Chief Financial Officer

WEST FARGO, N.D., Sept. 30, 2022 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today announced the appointm...

1 year ago - GlobeNewsWire

Titan Machinery Inc. Announces Results for Fiscal Second Quarter Ended July 31, 2022

- Revenue for Second Quarter of Fiscal 2023 Increased 31.5% to $496.5 million -

1 year ago - GlobeNewsWire

Titan Machinery Inc. to Report Fiscal Second Quarter Ended July 31, 2022 Results on August 25, 2022

WEST FARGO, N.D., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, announced today it will relea...

1 year ago - GlobeNewsWire

D.A. Davidson Advises Leading Manufacturer and Distributor of Agriculture Equipment Heartland AG Systems on Its Sale to Titan Machinery

IRVINE, Calif.--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it has served as the exclusive financial advisor to Heartland AG Systems, Inc. and its affiliates (Heartland). Heartland is th...

1 year ago - Business Wire

Titan Machinery Inc. Announces Strategic Acquisition of Heartland Ag Systems

- Strategically provides Titan Machinery access to the Case IH full-line of application equipment products, enhancing competitiveness -

1 year ago - GlobeNewsWire

Titan Machinery Inc. Announces Results for Fiscal First Quarter Ended April 30, 2022

- Revenue for First Quarter of Fiscal 2023 Increased 23.7% to $461.0 million -

2 years ago - GlobeNewsWire

Titan Machinery Inc. to Report Fiscal First Quarter Ended April 30, 2022 Results on May 26, 2022

WEST FARGO, N.D., May 16, 2022 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, announced today it will releas...

2 years ago - GlobeNewsWire