Notable negative changes in Titan Machinery Inc (NASDAQ: TITN) fundamentals have recently occurred: the consensus estimate for January, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for January, 2025 decreased significantly.
Titan Machinery Inc (NASDAQ: TITN). Important negative changes in investment behavior have recently occurred: negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TITN is expected to continue to be a modest Value Builder.
Titan Machinery has a current Value Trend Rating of C (Low 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 86 but a very low Power Rating of 2, leading to the Low Neutral Value Trend Rating.
Recent Price Action
On 6/7/24, Titan Machinery Inc (NASDAQ: TITN) stock declined by -2.6%, closing at $17.41. However, below average trading volume at 77% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -5.5% during the last week.
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