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NASDAQ: TITN

How to Buy Titan Machinery Stock

Titan Machinery Inc

Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores in the United States and Europe. It operates through three segments: Agriculture, Construction, and International.

Titan Machinery stock last closed at $22.86, up 0.31% from the previous day, and has decreased 27.68% in one year. It has underperformed other stocks in the Industrial Distribution industry by 0.58 percentage points. Titan Machinery stock is currently +6.62% from its 52-week low of $21.44, and -36.29% from its 52-week high of $35.88.

There are currently 22.85M shares of TITN outstanding. The market value of TITN is $522.32M. In the last 24 hours, 133,123 TITN shares were traded.

How to Buy Titan Machinery Stock

Wondering how to invest in Titan Machinery stock? Here's how.
  1. Figure out where to buy Titan Machinery stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Titan Machinery stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Select your payment method and add your info.
  4. Research Titan Machinery stock: The Titan Machinery ticker symbol is TITN. Is Titan Machinery stock a good investment? Should you buy shares of TITN? How do TITN's underlying business fundamentals look? Do top analysts think Titan Machinery is a good buy? Why has TITN's stock price moved recently? (Hint: Our stock research website can help you understand if TITN is a good stock to buy).
  5. Make your TITN buy order: Decide if you will purchase TITN shares at the current market price or use a limit order to purchase TITN stock at a particular price.
  6. Get notifications regarding your TITN investment: Create a watchlist to important updates regarding your new investment in Titan Machinery shares.

Step 1: Figure out where to buy Titan Machinery stock

You will need an online brokerage account in order to access the NASDAQ market and buy TITN shares.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've chosen the right brokerage, the next step is to fill out some personal details so you can buy TITN stock today.

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Step 3: Fund your investment account

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Step 4: Research Titan Machinery stock

After you have figured out the best place to buy Titan Machinery stock, it's crucial to evaluate their stock before you buy, so you truly understand the risk as well as the upside.

Titan Machinery quick stats

TITN Price
$22.86
1w %
-4.27%
1y %
-27.68%
5y %
33.68%
P/E
4.64x
P/B
0.79x
P/S
0.19x
PEG
0.12x
Revenue
$2.76B
Earnings
$112.44M
Fore. Rev. Growth
3.22%
Fore. Earn. Growth
N/A
Market Cap
$522.32M
Next Earnings
May 23, 2024
Next Dividend
N/A

Fundamentals of Titan Machinery

WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on TITN's stock page.

Is TITN stock properly valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge TITN's fair value.

Using relative valuations measures:

  • TITN may be undervalued based on its P/E ratio of 4.64x, relative to Industrial Distribution industry P/E ratio of 507.62x
  • TITN could be undervalued based on its P/B ratio of 0.79x, relative to Industrial Distribution industry P/B ratio of 6.71x
  • TITN could be undervalued based on its PEG ratio of 0.12x

You can do additional valuation analysis on TITN's stock here.

TITN Financial Health

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the TITN balance sheet.
  • There are more short-term assets than long-term liabilities on the TITN balance sheet.
  • TITN has $38.07M in cash and short term investments. This is enough to cover its annual cash burn of $87.51M.

Negative Financial Indicators:

  • TITN has a relatively high debt to equity ratio of 2.03.
  • Total TITN debt is higher than 5 years ago, relative to shareholder equity.
  • TITN has cash burn of 87507000. It does not have enough cash and short-term investments to cover this.
  • TITN profit margin has gone down from 4.6% to 4.1% in the past year.

Is it a good time to buy TITN stock, according to analysts?

Out of 1 Wall Street analysts who give forecasts on TITN, the consensus analyst rating on Titan Machinery is a Strong Buy

Please note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Titan Machinery stock forecast page.

TITN Technicals

SMA10
23.43
SMA20
23.67
SMA50
25.02
SMA100
25.95
SMA200
26.92
MACD
-0.58
MACD Signal
-0.54
MACD Histogram
-0.04
RSI
39.04
Stochastic %K
7.57
Stochastic %D
10.96
StochRSI %K
2.75
StochRSI %D
16.41

TITN Performance Metrics

Last year, TITN earnings were $112.44M. In the past five year, TITN's earnings have gone up by 55.06% per year. This was faster than the Industrial Distribution industry average of 12.08%.

Last year, TITN revenue was $2.76B. In the past 5 year, TITN's revenue has increased by 16.94% per year. This was slower than the Industrial Distribution industry average of 23.39%.

You can analyze TITN's earnings and revenue performance here.

Who is buying/selling TITN?

In the last year, executives and large shareholders at TITN have sold more shares than they have bought.

Bryan J. Knutson, Chief Executive Officer of TITN, was the latest TITN insider to sell. They sold $212,232.00 worth of TITN shares on Apr 1, 2024.

Research more about who owns TITN shares here.

Does TITN provide a stable income stream?

No, Titan Machinery doesn't provide an income stream by paying out dividends.

TITN Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Make your TITN buy order

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given price, use a limit order.

Click the Open Trade button and your broker will execute your order.

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Step 6: Get notifications regarding your TITN investment

Now that you own some shares in TITN, you'll want to stay up-to-date on your new investment.

Start a watchlist to monitor your TITN stock.

TITN Feed

How to Buy Stock in Titan Machinery

To summarize, here are the 6 steps to buy stock in Titan Machinery:

  1. Figure out where to buy Titan Machinery stock
  2. Sign up for your brokerage account
  3. Fund your investment account
  4. Research Titan Machinery stock
  5. Make your TITN buy order
  6. Get notifications regarding your TITN investment

If you require a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your investment in Titan Machinery, add TITN to your watchlist below.

NASDAQ: TITN
$22.86+0.07 (+0.31%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: TITN
$22.86+0.07 (+0.31%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Titan Machinery share?

As of Apr 18, 2024, it costs $22.86 to buy one share of Titan Machinery stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.437 shares of TITN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Titan Machinery stock?

According to 1 Wall Street analysts who monitor Titan Machinery, their consensus recommendation is to buy Titan Machinery stock.

What is the best way to buy Titan Machinery stock?

One way to place an order for Titan Machinery stock is with a brokerage account.
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