Witnessing the stock’s movement on the chart, on March 16, 2023, Titan Machinery Inc. (NASDAQ: TITN) had a quiet start as it plunged -19.46% to $31.86. During the day, the stock rose to $33.00 and sunk to $29.50 before settling in for the price of $39.56 at the close. Taking a more long-term approach, TITN posted a 52-week range of $21.50-$47.87.
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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 7.10%. Meanwhile, its Annual Earning per share during the time was 45.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 239.70%. This publicly-traded company’s shares outstanding now amounts to $22.39 million, simultaneously with a float of $20.04 million. The organization now has a market capitalization sitting at $774.52 million. At the time of writing, stock’s 50-day Moving Average stood at $43.26, while the 200-day Moving Average is $34.02.
While finding the extent of efficiency of the company that is accounted for 2288 employees. For the Profitability, stocks gross margin was +19.44, operating margin was +5.36 and Pretax Margin of +5.08.
Titan Machinery Inc. (TITN) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Industrial Distribution industry. Titan Machinery Inc.’s current insider ownership accounts for 11.14%, in contrast to 83.00% institutional ownership.
Titan Machinery Inc. (TITN) Earnings and Revenue Records
As on 10/30/2022, Multinational firm has announced its last quarter scores, in which it reported $1.83 earnings per share (EPS) for the period topping the consensus outlook (set at $1.16) by $0.67. This company achieved a net margin of +3.80 while generating a return on equity of 16.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1 per share during the current fiscal year.
Titan Machinery Inc.’s EPS increase for this current 12-month fiscal period is 239.70% and is forecasted to reach 4.77 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 25.00% through the next 5 years, which can be compared against the 45.30% growth it accomplished over the previous five years trading on the market.
Titan Machinery Inc. (NASDAQ: TITN) Trading Performance Indicators
Let’s observe the current performance indicators for Titan Machinery Inc. (TITN). It’s Quick Ratio in the last reported quarter now stands at 0.40. The Stock has managed to achieve an average true range (ATR) of 2.60. Alongside those numbers, its PE Ratio stands at $6.80, and its Beta score is 1.70. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.36.
In the same vein, TITN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.69, a figure that is expected to reach 1.13 in the next quarter, and analysts are predicting that it will be 4.77 at the market close of one year from today.
Technical Analysis of Titan Machinery Inc. (TITN)
Going through the that latest performance of [Titan Machinery Inc., TITN]. Its last 5-days volume of 0.73 million indicated improvement to the volume of 0.27 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 16.75% While, its Average True Range was 3.10.
Raw Stochastic average of Titan Machinery Inc. (TITN) in the period of the previous 100 days is set at 12.85%, which indicates a major rise in contrast to 12.85% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 98.34% that was higher than 63.27% volatility it exhibited in the past 100-days period.