Titan Machinery Inc (NASDAQ: TITN): An Enticing Stock To Watch

Titan Machinery Inc (NASDAQ:TITN) shares, rose in value on Thursday, April 16, with the stock price up by 2.19% to the previous day’s close as strong demand from buyers drove the stock to $16.34.

Actively observing the price movement in the last trading, the stock closed the session at $15.99, falling within a range of $15.86 and $16.44. The value of beta (5-year monthly) was 1.274. Referring to stock’s 52-week performance, its high was $24.28, and the low was $12.30. On the whole, TITN has fluctuated by 10.93% over the past month.

With the market capitalization of Titan Machinery Inc currently standing at about $377.84 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-19.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.18B, with a low estimate of 422M and a high estimate of 482.3M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 445.75M.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TITN’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the price of TITN currently trading nearly -0.41% and -1.41% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.89, while the 7-day volatility ratio is showing 4.92% which for the 30-day chart, stands at 8.53%. Furthermore, Titan Machinery Inc (TITN)’s beta value is 1.34, and its average true range (ATR) is 1.11.

A comparison of Titan Machinery Inc (TITN) with its peers suggests the former has fared considerably weaker in the market. TITN showed an intraday change of 2.19% in last session, and over the past year, it shrunk by -29.17%%.

Data on historical trading for Titan Machinery Inc (NASDAQ:TITN) indicates that the trading volumes over the past 10 days have averaged 0.31 and over the past 3 months, they’ve averaged 348.95K. According to company’s latest data on outstanding shares, there are 23.12 million shares outstanding.

Nearly 10.82% of Titan Machinery Inc’s shares belong to company insiders and institutional investors own 87.23% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.24 million shares as on 2025-03-31, resulting in a short ratio of 3.63. According to the data, the short interest in Titan Machinery Inc (TITN) stood at 595.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.11 million. The stock has risen by 15.64% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TITN stock heading into the next quarter.

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