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Titan Machinery Inc   (NASDAQ: TITN)
    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail
 
Price: $26.2200 $3.39 14.849%
Day's High: $26.899999618530273 Week Perf: 27.47 %
Day's Low: $ 22.68 30 Day Perf: 36.28 %
Volume (M): 873,100 52 Wk High: $ 26.90
Volume (M$): $ 0 52 Wk Avg: $18.22
Open: $22.89 52 Wk Low: $13.21



 Market Capitalization (Millions $) 602
 Shares Outstanding (Millions) 23
 Employees 3,114
 Revenues (TTM) (Millions $) 2,305
 Net Income (TTM) (Millions $) -30
 Cash Flow (TTM) (Millions $) -3
 Capital Exp. (TTM) (Millions $) 0

Business Description


Titan Machinery Inc. is a publicly traded company that operates as a dealer of agricultural and construction equipment in the United States and Europe. The company was founded in 1980 and is headquartered in Fargo, North Dakota. The company has over 90 dealerships, including 13 stores in Europe, and operates in a diverse range of businesses, including agriculture, construction, and lawn/garden equipment.

Titan Machinery has a strong presence throughout the Midwest and Great Plains regions of the United States, with locations in North Dakota, South Dakota, Iowa, Minnesota, Montana, and several other states. In addition to its domestic operations, Titan Machinery also operates in the United Kingdom, Romania, and Bulgaria, where it serves customers with a wide range of agricultural and construction equipment.

The company's product offerings include tractors, combines, sprayers, tillage equipment, planting and seeding equipment, precision agriculture technology, grain handling and storage equipment, and construction equipment such as excavators, backhoes, bulldozers, and skid steers. Titan Machinery also provides parts and service for its equipment and offers equipment rentals to customers.

One of Titan Machinery's key strengths is its relationship with its customers. The company has a large and well-established customer base among farmers and contractors, and it has built a reputation for providing high-quality equipment and dependable service. In addition, the company has implemented several initiatives to improve its customer experience, such as the Titan Advantage Program, which provides customers with extended warranties, financing options, and other benefits.

Another key strength of Titan Machinery is its focus on innovation and technology. The company is constantly exploring new ways to improve its products and services, including the use of precision agriculture technology to optimize crop yields and reduce waste. Titan Machinery is also investing in digital platforms and other tools to improve its supply chain and customer service operations.

Overall, Titan Machinery is a well-established and highly respected company in the agricultural and construction equipment industry. With a strong focus on customer service, innovation, and technology, the company is well-positioned to continue growing and expanding its business in the years ahead.


   Company Address: 644 East Beaton Drive West Fargo, 58078 ND
   Company Phone Number: 356-0130   Stock Exchange / Ticker: NASDAQ TITN


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
DE        10.03% 
MTW        9.29% 
• View Complete Report
   



Merger and Acquisition

Titan Machinery Inc, a prominent network of agricultural and construction equipment stores, has recently made a significant acquisition On January 10, 2024, the company successfully closed the deal to acquire the assets of Scott Supply, Co, a full-line combined Case IH and New Holland Agriculture dealership situated in Mitchell, South Dakota

Published Thu, Jan 11 2024 9:05 PM UTC

Titan Machinery Inc., a prominent network of agricultural and construction equipment stores, has recently made a significant acquisition. On January 10, 2024, the company successfully closed the deal to acquire the assets of Scott Supply, Co., a full-line combined Case IH and New Holland Agriculture dealership situated in Mitchell, South Dakota.
Scott Supply, Co. has pro...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) -
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 0.26
Price to Sales (Expected) -
Price to Book 1.08
PEG (TTM) -

Financial Strength Current
Quick Ratio 0.04
Working Capital Ratio 1.38
Leverage Ratio (MRQ) 1.92
Total Debt to Equity 0.36
Interest Coverage (TTM) 0.3
Debt Coverage (TTM) 0.02

Per Share Current
Earnings (TTM) -2.49 $
Revenues (TTM) 100.39 $
Cash Flow (TTM) -
Cash 1.29 $
Book Value 24.29 $
Dividend (TTM) 0 $

Efficiency Current
Revenue per Employee (TTM) 740,241
Net Income per Employee (TTM) -9,736
Receivable Turnover Ratio (TTM) 18.57
Inventory Turnover Ratio (TTM) 2.05
Asset Turnover Ratio (TTM) 1.38

Profitability Ratios Current
Gross Margin (MRQ) 18.61 %
Operating Margin (MRQ) -0.46 %
Net Margin (MRQ) 0 %
Net Cash Flow Margin (MRQ) 0 %
Effective Tax Rate (TTM) -

Management Effectiveness Current
Return On Assets (TTM) -
Return On Investment (TTM) -
Return On Equity (TTM) -
Dividend Yield -
Pay out Ratio (TTM) -



Titan Machinery Inc's Segments
Sales of Equipment    139.64 % of total Revenue
Sales of Parts    42.38 % of total Revenue
Service Sales    18.17 % of total Revenue
Rental and Other    5.04 % of total Revenue
Other Revenue    0.8 % of total Revenue
Revenue from Contracts with Customers    201 % of total Revenue
Rental    4.24 % of total Revenue
Agriculture    131.84 % of total Revenue
Construction    29.43 % of total Revenue
Europe_Segment    25.49 % of total Revenue
Australia_segment    18.47 % of total Revenue
UNITED STATES    161.28 % of total Revenue
AUSTRALIA    18.47 % of total Revenue
Non-US    25.49 % of total Revenue





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