For its third fiscal quarter (ending October 31), Titan Machinery Inc (NASDAQ: TITN) has reported a -94% decline in E.P.S. from $1.32 a year ago to $0.08 in the current quarter. E.P.S. were $1.35 for the latest four quarters through October 31 versus $4.68 for the same period a year ago — a decline of -71%.
Recent Price Action
On 11/26/24, Titan Machinery Inc (NASDAQ: TITN) stock enjoyed a large increase of 4.2%, closing at $16.07. Moreover, this advance was accompanied by unusually high trading volume at 190% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 12.8% during the last week.
Current PriceTarget Research Rating
Titan Machinery has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Titan Machinery has a slightly positive Appreciation Score of 66 but a very low Power Rating of 2, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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