kicked off on Monday, with Titan Machinery Inc (NASDAQ: TITN) stock price up 4.25% from the previous day of trading, before settling in for the closing price of $17.05. TITN’s price has ranged from $12.30 to $24.92 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Industrials Sector giant was 20.20%. Meanwhile, its annual earnings per share averaged -37.79%. With a float of $20.64 million, this company’s outstanding shares have now reached $23.13 million.
Let’s determine the extent of company efficiency that accounts for 3604 employees. In terms of profitability, gross margin is 14.42%, operating margin of 0.15%, and the pretax margin is -1.85%.
Titan Machinery Inc (TITN) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Industrial Distribution Industry. The insider ownership of Titan Machinery Inc is 10.76%, while institutional ownership is 87.51%. The most recent insider transaction that took place on May 28 ’24, was worth 4,947. In this transaction Chief Financial Officer of this company bought 275 shares at a rate of $17.99, taking the stock ownership to the 16,407 shares. Before that another transaction happened on May 28 ’24, when Company’s Director bought 55,000 for $18.12, making the entire transaction worth $996,600. This insider now owns 1,805,000 shares in total.
Titan Machinery Inc (TITN) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -37.79% per share during the next fiscal year.
Titan Machinery Inc (NASDAQ: TITN) Trading Performance Indicators
Here are Titan Machinery Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.15. Likewise, its price to free cash flow for the trailing twelve months is 4.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.64, a number that is poised to hit -0.91 in the next quarter and is forecasted to reach -0.20 in one year’s time.
Technical Analysis of Titan Machinery Inc (TITN)
Looking closely at Titan Machinery Inc (NASDAQ: TITN), its last 5-days average volume was 0.65 million, which is a jump from its year-to-date volume of 0.32 million. As of the previous 9 days, the stock’s Stochastic %D was 91.38%. Additionally, its Average True Range was 1.14.
During the past 100 days, Titan Machinery Inc’s (TITN) raw stochastic average was set at 72.09%, which indicates a significant decrease from 98.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.11% in the past 14 days, which was higher than the 56.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.66, while its 200-day Moving Average is $15.36. However, in the short run, Titan Machinery Inc’s stock first resistance to watch stands at $18.14. Second resistance stands at $18.52. The third major resistance level sits at $19.20. If the price goes on to break the first support level at $17.08, it is likely to go to the next support level at $16.40. Should the price break the second support level, the third support level stands at $16.02.
Titan Machinery Inc (NASDAQ: TITN) Key Stats
With a market capitalization of 410.95 million, the company has a total of 23,126K Shares Outstanding. Currently, annual sales are 2,758 M while annual income is 112,440 K. The company’s previous quarter sales were 679,820 K while its latest quarter income was 1,710 K.
