Titan Machinery Inc. (TITN) to Release Quarterly Earnings on Thursday
Titan Machinery Inc. (NASDAQ:TITN) is set to announce its earnings results before the market opens on Thursday, August 31st. Analysts expect the company to announce earnings of ($0.01) per share for the quarter.
Shares of Titan Machinery Inc. (TITN) opened at 15.74 on Wednesday. The stock’s 50 day moving average is $17.22 and its 200 day moving average is $15.98. Titan Machinery Inc. has a 12 month low of $8.68 and a 12 month high of $19.22. The firm’s market cap is $336.40 million.
TITN has been the topic of a number of analyst reports. Zacks Investment Research downgraded Titan Machinery from a “buy” rating to a “hold” rating in a report on Saturday, July 1st. BidaskClub downgraded Titan Machinery from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 12th. ValuEngine upgraded Titan Machinery from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Robert W. Baird set a $18.00 price target on Titan Machinery and gave the company a “buy” rating in a report on Thursday, August 24th. Finally, Piper Jaffray Companies set a $18.00 price target on Titan Machinery and gave the company a “hold” rating in a report on Friday, August 4th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Titan Machinery presently has an average rating of “Hold” and a consensus price target of $18.50.
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About Titan Machinery
Titan Machinery Inc owns and operates a network of service agricultural and construction equipment stores in the United States and Europe. The Company engages in four principal business activities: new and used equipment sales; parts sales; repair and maintenance services, and equipment rental and other activities.
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