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Last $11.55 USD
Change Today +0.15 / 1.32%
Volume 75.3K
TITN On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 2:20 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

titan machinery inc (TITN) Snapshot

Open
$11.31
Previous Close
$11.40
Day High
$11.66
Day Low
$11.28
52 Week High
07/17/15 - $16.99
52 Week Low
12/10/14 - $10.69
Market Cap
247.1M
Average Volume 10 Days
164.0K
EPS TTM
$-0.22
Shares Outstanding
21.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for TITAN MACHINERY INC (TITN)

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titan machinery inc (TITN) Details

Titan Machinery Inc. owns and operates a network of full service agricultural and construction equipment stores in the United States and Europe. The company operates through three segments: Agriculture, Construction, and International. It 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. The company’s agricultural equipment include application equipment and sprayers, combines and attachments, hay and forage equipment, planting and seeding equipment, precision farming technology, tillage equipment, and tractors for farming, and home and garden applications. The company’s construction equipment comprise articulated trucks, compact track loaders, compaction equipment, cranes, crawler dozers, excavators, forklifts, loader/backhoes, loader/tool carriers, motor graders, skid steer loaders, telehandlers, and wheel loaders for commercial and residential construction, road and highway construction, and mining applications. Titan Machinery Inc. also sells maintenance and replacement parts of equipment that it sells, as well as for other types of equipment. In addition, the company provides repair and maintenance services consisting of warranty repairs, on-site repair services, and scheduling off-season maintenance services, as well as notifies customers of periodic service requirements; provides training programs to customers; and sells extended warranty services. Further, it rents equipment; and provides ancillary equipment support activities. As of April 15, 2015, the company operated a network of 92 North American dealerships in North Dakota, South Dakota, Iowa, Minnesota, Montana, Nebraska, Wyoming, Wisconsin, Colorado, Arizona, and New Mexico, including 2 outlet stores; and 16 European dealerships in Romania, Bulgaria, Serbia, and Ukraine. Titan Machinery Inc. was founded in 1980 and headquartered in West Fargo, North Dakota.

2,541 Employees
Last Reported Date: 04/15/15
Founded in 1980

titan machinery inc (TITN) Top Compensated Officers

Co-Founder, Chairman of Board and Chief Execu...
Total Annual Compensation: $500.0K
Co-Founder and Chairman of International Oper...
Total Annual Compensation: $500.0K
Chief Financial Officer
Total Annual Compensation: $306.7K
Compensation as of Fiscal Year 2015.

titan machinery inc (TITN) Key Developments

Titan Machinery Appoints Jody Horner to Board of Directors

Titan Machinery Inc. announced that it has appointed Jody Horner to its Board of Directors. Ms. Horner’s term will begin August 1, 2015. With the appointment of Ms. Horner, the Board now consists of nine board members, including seven independent members. Since February 2015, Ms. Horner has served as President of Midland University, a private liberal arts college located in Fremont, Nebraska. Prior to joining Midland University, Ms. Horner spent over 30 years at Cargill, Inc., serving in a variety of leadership roles. From 2008 to February 2015, Ms. Horner held dual roles, including President of Cargill Meat Solutions.

Titan Machinery Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended April 30, 2015; Reiterates Earnings Guidance for the Fiscal Year 2016

Titan Machinery Inc. announced unaudited consolidated earnings results for the first quarter ended April 30, 2015. For the quarter, the total revenue was $353,196,000 against $465,463,000 a year ago. Loss before income taxes was $8,826,000 against $8,626,000 a year ago. Adjusted pre-tax loss was $4,646,000 against $2,299,000 a year ago. Adjusted net loss attributable to it’s common stockholders was $2,930,000 or $0.13 per diluted share against $1,515,000 or $0.07 per diluted share a year ago. Net cash provided by operating activities was $14,306,000 against net cash used for operating activities of $54,602,000 a year ago. Property and equipment purchases were $2,282,000 against $5,707,000 a year ago. Adjusted EBITDA was $5,118,000 against $7,641,000 a year ago. Pre-tax loss for the first quarter of fiscal 2016 was $8.8 million, which is essentially flat compared to pre-tax loss of $8.6 million in the first quarter of last year. Net loss attributable to common stockholders was $6.2 million, or loss per diluted share of $0.29, compared to $6.5 million, or $0.31 per diluted share, for the first quarter of fiscal 2015. The net loss includes adjustments totaling $3.3 million, or $0.16 per diluted share, compared to adjustments totaling $5.0 million, or $0.24 per diluted share, for the first quarter of fiscal 2015. Excluding all non-GAAP adjustments, adjusted net loss attributable to common stockholders was $2.9 million, or $0.13 per diluted share, compared to adjusted net loss attributable to common stockholders for the first quarter of fiscal 2015 of $1.5 million, or $0.07 per diluted share. For the fiscal year 2016, the company is reiterating the modeling assumptions for fiscal 2016 that agriculture same store sales are expected to be down 20.0% to 25.0% and expects to be profitable on an adjusted diluted earnings per share basis.

Titan Machinery, Inc. to Report Q1, 2016 Results on May 28, 2015

Titan Machinery, Inc. announced that they will report Q1, 2016 results at 8:30 AM, US Eastern Standard Time on May 28, 2015

 

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