$0.09 EPS Expected for Titan Machinery Inc. (TITN)

November 14, 2017 - By Ellis Scott

 $0.09 EPS Expected for Titan Machinery Inc. (TITN)
Investors sentiment increased to 1.68 in 2017 Q2. Its up 0.21, from 1.47 in 2017Q1. It improved, as 10 investors sold Titan Machinery Inc. shares while 24 reduced holdings. 19 funds opened positions while 38 raised stakes. 16.64 million shares or 1.56% less from 16.90 million shares in 2017Q1 were reported.
Federated Investors Inc Pa owns 416,032 shares or 0.02% of their US portfolio. Panagora Asset Management holds 68,007 shares. Ny State Common Retirement Fund invested in 21,200 shares or 0% of the stock. Acadian Asset Management Limited has 404,349 shares. Meeder Asset has invested 0% of its portfolio in Titan Machinery Inc. (NASDAQ:TITN). Bridgeway Capital Mngmt has invested 0.04% in Titan Machinery Inc. (NASDAQ:TITN). Bogle Invest L P De holds 65,617 shares. Morgan Stanley invested in 423,408 shares or 0% of the stock. Swiss Bancorporation holds 32,800 shares. 6,000 were accumulated by Paradigm Asset Management Co Ltd. Texas-based Next Group Incorporated Incorporated has invested 0% in Titan Machinery Inc. (NASDAQ:TITN). Kennedy Capital Mngmt holds 0.06% or 165,386 shares in its portfolio. Jpmorgan Chase & stated it has 0.01% of its portfolio in Titan Machinery Inc. (NASDAQ:TITN). Franklin Resource Inc stated it has 0% in Titan Machinery Inc. (NASDAQ:TITN). Legal General Grp Incorporated Pcl owns 5,001 shares.

Since May 26, 2017, it had 0 insider purchases, and 1 insider sale for $775,356 activity.

Analysts await Titan Machinery Inc. (NASDAQ:TITN) to report earnings on November, 29. They expect $0.09 EPS, up 1,000.00 % or $0.10 from last year’s $-0.01 per share. TITN’s profit will be $1.98 million for 40.69 P/E if the $0.09 EPS becomes a reality. After $-0.04 actual EPS reported by Titan Machinery Inc. for the previous quarter, Wall Street now forecasts -325.00 % EPS growth. The stock increased 2.73% or $0.39 during the last trading session, reaching $14.65. About 91,478 shares traded. Titan Machinery Inc. (NASDAQ:TITN) has risen 40.41% since November 15, 2016 and is uptrending. It has outperformed by 23.71% the S&P500.

Titan Machinery Inc. (NASDAQ:TITN) Ratings Coverage

Among 5 analysts covering Titan Machinery (NASDAQ:TITN), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Titan Machinery had 10 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Tuesday, October 10 by Robert W. Baird. Piper Jaffray maintained the shares of TITN in report on Friday, October 27 with “Hold” rating. On Thursday, August 24 the stock rating was maintained by Robert W. Baird with “Buy”. The company was upgraded on Tuesday, December 15 by Sidoti. Standpoint Research downgraded the stock to “Hold” rating in Friday, December 2 report. Piper Jaffray maintained it with “Hold” rating and $1800 target in Friday, August 4 report. The firm has “Hold” rating given on Thursday, September 7 by Piper Jaffray. The company was downgraded on Thursday, August 6 by Zacks.

Titan Machinery Inc. owns and operates a network of service agricultural and construction equipment stores in the United States and Europe. The company has market cap of $322.75 million. The Firm engages in four principal business activities: new and used equipment sales; parts sales; repair and maintenance services, and equipment rental and other activities. It currently has negative earnings. It has three business divisions: Agriculture, Construction and International.

More notable recent Titan Machinery Inc. (NASDAQ:TITN) news were published by: Globenewswire.com which released: “Titan Machinery Inc. Announces Results for Fiscal Second Quarter Ended July 31 …” on August 31, 2017, also Globenewswire.com with their article: “Titan Machinery Inc. to Host Investor Day in New York City on December 12th” published on November 09, 2017, Fool.com published: “Why Titan Machinery, Science Applications International, and Worthington …” on March 30, 2017. More interesting news about Titan Machinery Inc. (NASDAQ:TITN) were released by: Globenewswire.com and their article: “Titan Machinery and Decisive Farming team up to deliver precision ag services …” published on February 22, 2017 as well as Globenewswire.com‘s news article titled: “Titan Machinery Inc. Announces Dealership Restructuring Plan” with publication date: February 09, 2017.

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