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TITN $13.19

TITN target price
13.19
0
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Titan Machinery, Inc.
Type
Public
Traded as NASDAQ: TITN
Industry Agricultural equipment
Construction equipment
Headquarters Fargo, North Dakota, United States
Area served
Midwestern United States
Key people
David Meyer, CEO
Products Case IH, New Holland Agriculture, Case CE, New Holland Construction
Revenue $1.094 billion (2011)
Operating income
$44 million (2011)
Net income
$22 million (2011)
Number of employees
over 1800 (2011)
Website www.titanmachinery.com

Titan Machinery Incorporated is one of the largest American dealers of agricultural and construction equipment. It is based in Fargo, North Dakota and has locations throughout the Midwestern United States. The company is publicly traded on NASDAQ using the symbol TITN.

Titan was founded in 1980 and it is headquartered in West Fargo, North Dakota. Titan owns and operates one of the largest networks of full service agricultural and construction equipment stores in North America. These locations represent one or more of the CNHI brands: Case IH, New Holland Agriculture, Case CE, New Holland Construction, and CNH Industrial Capital.

In 2011, it acquired at least four dealership companies in the United States. As of April 1, 2013, Titan had 107 dealerships in Iowa, New Mexico, Arizona, Colorado, Minnesota, Montana, Nebraska, North Dakota, South Dakota, Wisconsin, and Wyoming. In late 2011, Titan announced that they had purchased two Case IH dealers in Bucharest and Timișoara, Romania bring its total to 119 dealerships in the world.

As of October 2016, Titan Machinery operates 90 dealerships in North American which are located in Arizona, Colorado, Iowa, Minnesota, Montana, Nebraska, New Mexico, North Dakota, South Dakota, Wisconsin and Wyoming as well as 19 European dealerships in Bulgaria, Romania, Serbia and Ukraine.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-21 Future report Set alerts
Q2 2022 2022-08-25 1.10 1.10
Q1 2022 2022-05-26 0.79 0.79
Q4 2021 2022-03-24 0.99 0.99
Q3 2021 2021-11-23 0.96 0.96
Q2 2021 2021-08-26 0.57 0.57
Q1 2021 2021-05-27 0.46 0.46
Q4 2020 2021-03-18 0.23 0.23
Q3 2020 2020-11-24 0.58 0.00
Q2 2020 2020-08-27 0.29 0.28

Ratings

2016-03-20 Reiterated Rating William Blair Underperform $9.00
2016-03-04 Upgrade Robert W. Baird Neutral to Outperform $12.00 to $16.00
2015-12-15 Upgrade Sidoti Neutral to Buy $12.00
2015-11-05 Initiated Coverage Avondale Partners Outperform
2015-09-10 Reiterated Rating William Blair Sell $10.00
2015-06-04 Downgrade Sidoti Buy to Neutral $16.00
2015-05-29 Upgrade Feltl & Co. Buy to Strong-Buy $20.50
2015-04-16 Reiterated Rating Robert W. Baird Hold $11.00 to $12.00
2014-09-10 Lower Price Target Robert W. Baird Neutral $17.00 to $15.00
2014-09-10 Lower Price Target William Blair $15.00 to $12.00
2014-04-11 Boost Price Target M Partners $16.25 to $16.75
2014-04-11 Upgrade Longbow Research Underperform to Neutral $13.00
2014-04-11 Boost Price Target William Blair $14.00 to $15.00
2014-02-13 Downgrade Longbow Research Neutral to Underperform $13.00
2014-02-04 Upgrade Cantor Fitzgerald Sell to Hold
2014-01-15 Downgrade Cantor Fitzgerald Hold to Sell
2013-12-06 Lower Price Target Feltl & Co. Buy $23.40 to $21.75
2013-10-29 Initiated Coverage Cantor Fitzgerald Hold
2013-10-15 Initiated Coverage Longbow Research Neutral
2013-05-24 Reiterated Feltl & Co. Buy $30 to $25
2013-05-24 Downgrade Robert W. Baird Outperform to Neutral $28 to $23
2013-04-10 Upgrade Standpoint Research Hold to Buy
2013-04-10 Reiterated Feltl & Co. Buy $32.60 to $30
2013-01-16 Initiated William Blair Outperform
2012-12-06 Reiterated Feltl & Co. Buy $27.75 to $32.60
2012-09-17 Initiated Standpoint Research Buy $28
2012-09-10 Downgrade Feltl & Co. Strong Buy to Buy $41.44 to $27.75
2012-04-09 Upgrade Robert W. Baird Neutral to Outperform $29 to $37
2010-08-17 Upgrade Feltl & Co. Buy to Strong Buy $16.88 to $22.75
2009-07-23 Initiated Feltl & Co. Hold $12
2008-01-15 Initiated Robert W. Baird Outperform $26
2016-03-20 Reiterated Rating William Blair Underperform $9.00
2016-03-04 Upgrade Robert W. Baird Neutral to Outperform $12.00 to $16.00
2015-12-15 Upgrade Sidoti Neutral to Buy $12.00
2015-11-05 Initiated Coverage Avondale Partners Outperform
2015-09-10 Reiterated Rating William Blair Sell $10.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Meyer David Joseph Chairman and CEO 3.34%  (715864) TITN /
CHRISTIANSON TONY 0.82%  (175000) ACAT / TITN /
Christianson Peter J. President and CFO 0.58%  (123730) TITN /
Kalvoda Mark P. Chief Financial Officer 0.48%  (103622) TITN /
Williams James Lloyd 0.24%  (50790) TITN /
Anderson Gordon Paul 0.22%  (47408) TITN /
Irwin James 0.13%  (27029) TITN /
DARDIS STANLEY K 0.12%  (25821) TITN /
WRIGHT THEODORE M 0.09%  (18394) CONN / TITN /
Christianson Ted O Vice President - Finance 0.08%  (16908) TITN /
Crosbie Theodore M 0.07%  (15793) TITN /
MACK RICHARD L 0.07%  (15228) MOS / TITN /
Horner Jody L 0.07%  (14682) TITN /
Erickson Stan K. 0.06%  (13495) ELMD / TITN /
Knutson Bryan J Chief Operating Officer 0.03%  (6764) TITN /
Henderson John W 0.02%  (5193) TITN /
BODE JOHN S 0.01%  (2000) TITN / VAL /