Titan Machinery Inc. ($TITN) Cautious Buy or Hold to $18 Confident Investor Rating: Fair

Company name Titan Machinery Inc.
Stock ticker TITN
Live stock price [stckqut]TITN[/stckqut]
P/E compared to competitors Fair

MANAGEMENT EXECUTION

Employee productivity Fair
Sales growth Good
EPS growth Poor
P/E growth Good
EBIT growth Poor

ANALYSIS

Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $16.79
Target stock price (averages with growth) $21.24
Target stock price (averages with no growth) $14.74
Target stock price (manual assumptions) $19.08

The following company description is from Google Finance: http://www.google.com/finance?q=titn

Titan Machinery Inc. owns and operates a network of agricultural and construction equipment stores in the United States and Europe. It is a retail dealer of Case IH Agriculture equipment and a retail dealer of New Holland Agriculture, Case Construction and New Holland Construction equipment in the United States. It operates in two segments: Agriculture and Construction. The agricultural equipment, which it sells and services includes machinery and attachments for uses ranging from large-scale farming to home and garden use. The construction equipment it sells and services includes heavy construction and light industrial machinery for commercial and residential construction, road and highway construction and mining. In February 2013, it acquired Tucson Tractor Company. In March 2013, it acquired Adobe CE, LLC, consisting of one Case Construction equipment dealership located in Albuquerque, New Mexico.

 

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in Titan Machinery Inc. as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns. I am taking Titan off of my Watch List as I think there are other stocks that can perform better.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of Titan Machinery Inc. calculated?

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