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

August 13, 2018 - By James Douglas

Titan Machinery Inc. (NASDAQ:TITN) LogoInvestors sentiment decreased to 1.13 in 2018 Q1. Its down 0.30, from 1.43 in 2017Q4. It dropped, as 18 investors sold Titan Machinery Inc. shares while 36 reduced holdings. 22 funds opened positions while 39 raised stakes. 17.82 million shares or 5.42% more from 16.91 million shares in 2017Q4 were reported.
Barclays Plc owns 7,827 shares. California Public Employees Retirement accumulated 43,057 shares. Bnp Paribas Arbitrage Sa reported 4,033 shares or 0% of all its holdings. D E Shaw Communication Inc, a New York-based fund reported 120,723 shares. Stone Ridge Asset Limited Liability Co has invested 0.04% in Titan Machinery Inc. (NASDAQ:TITN). Hancock owns 14,406 shares for 0.02% of their portfolio. Millennium Lc stated it has 205,619 shares. Switzerland-based Swiss Fincl Bank has invested 0% in Titan Machinery Inc. (NASDAQ:TITN). Trexquant Inv Lp, a Connecticut-based fund reported 23,501 shares. Glob X Llc holds 13,415 shares. Natl Bank Of Ny Mellon reported 80,432 shares or 0% of all its holdings. Moreover, Credit Suisse Ag has 0% invested in Titan Machinery Inc. (NASDAQ:TITN). Tiaa Cref Management Ltd Co reported 166,473 shares or 0% of all its holdings. Fmr Limited Liability Corp, Massachusetts-based fund reported 2.29M shares. Granahan Invest Inc Ma reported 1.21% in Titan Machinery Inc. (NASDAQ:TITN).

Since April 1, 2018, it had 1 insider purchase, and 1 insider sale for $2,583 activity. 3,000 shares were bought by Erickson Stan K., worth $54,180 on Friday, June 1.

Analysts expect Titan Machinery Inc. (NASDAQ:TITN) to report $0.09 EPS on August, 30.They anticipate $0.13 EPS change or 325.00 % from last quarter’s $-0.04 EPS. TITN’s profit would be $1.95M giving it 40.97 P/E if the $0.09 EPS is correct. After having $-0.07 EPS previously, Titan Machinery Inc.’s analysts see -228.57 % EPS growth. The stock decreased 3.22% or $0.49 during the last trading session, reaching $14.75. About 153,066 shares traded. Titan Machinery Inc. (NASDAQ:TITN) has risen 25.52% since August 13, 2017 and is uptrending. It has outperformed by 12.95% the S&P500.

Titan Machinery Inc. (NASDAQ:TITN) Ratings Coverage

Among 4 analysts covering Titan Machinery Inc (NASDAQ:TITN), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Titan Machinery Inc had 4 analyst reports since March 29, 2018 according to SRatingsIntel. William Blair maintained Titan Machinery Inc. (NASDAQ:TITN) on Wednesday, April 4 with “Hold” rating. The rating was maintained by Stephens with “Hold” on Thursday, March 29. On Thursday, March 29 the stock rating was maintained by Robert W. Baird with “Buy”.

Titan Machinery Inc. owns and operates a network of full service agricultural and construction equipment stores in the United States and Europe. The company has market cap of $319.69 million. It operates through three divisions: Agriculture, Construction, and International. It currently has negative earnings. The firm sells new and used equipment comprising agricultural and construction equipment manufactured under the CNH family of brands, as well as equipment from various other manufacturers.

Titan Machinery Inc. (NASDAQ:TITN) Institutional Positions Chart

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