Titan Machinery Inc (NASDAQ: TITN) has reported earnings for its fourth fiscal quarter (ending January 31) of $1.05 versus $0.80 for the same period a year ago. For the latest four quarters through January 31, E.P.S. were $4.93 versus $4.50 for the same period a year ago.
Recent Price Action
Titan Machinery Inc (NASDAQ: TITN) stock suffered a large decline of -6.7% on 3/21/24. The stock closed at $25.06. Moreover, exceptionally high trading volume at 301% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -2.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, TITN is expected to continue to be a Value Builder.
Titan Machinery has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Titan Machinery has a very high Appreciation Score of 89 but a poor Power Rating of 23, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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