Is Titan Machinery Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: TITN) stock is to Strong Buy TITN stock.
Out of 3 analysts, 3 (100%) are recommending TITN as a Strong Buy, 0 (0%) are recommending TITN as a Buy, 0 (0%) are recommending TITN as a Hold, 0 (0%) are recommending TITN as a Sell, and 0 (0%) are recommending TITN as a Strong Sell.
What is TITN's forecast return on equity (ROE) for 2024-2024?
(NASDAQ: TITN) forecast ROE is 13.56%, which is considered weak.
What is TITN's Price Target?
According to 3 Wall Street analysts that have issued a 1 year TITN price target, the average TITN price target is $46.67, with the highest TITN stock price forecast at $50.00 and the lowest TITN stock price forecast at $44.00.
On average, Wall Street analysts predict that Titan Machinery's share price could reach $46.67 by Sep 1, 2024. The average Titan Machinery stock price prediction forecasts a potential upside of 79.49% from the current TITN share price of $26.00.
What is TITN's forecast return on assets (ROA) for 2024-2024?
(NASDAQ: TITN) forecast ROA is 5.34%, which is lower than the forecast US Industrial Distribution industry average of 16.31%.
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