SLIDESHOW: Top 10 Cheap Services Stocks
By Dividend Channel Staff, updated Sun, May 5, 10:08 PM
This Slide: #1 of 10 |
#10. Titan Machinery
Trading Symbol
TITN
Recent Price
22.82
TTM Earnings
4.94
PE Ratio (TTM)
4.6
Avg Past PE (TTM)
16.7
Market Cap
520.7M
#10. Titan Machinery
Trading Symbol
TITN
Recent Price
22.82
TTM Earnings
4.94
PE Ratio (TTM)
4.6
Avg Past PE (TTM)
16.7
Market Cap
520.7M
Titan Machinery owns and operates a network of agricultural and construction equipment stores in the U.S and Europe. Co. operates its business in three segments, Agriculture, Construction and International, within which it engages in four principal business activities: new and used equipment sales, whereby it sells new agricultural and construction equipment; parts sales, whereby it maintains a parts inventory to provide parts and repair and maintenance support to its customers; equipment repair and maintenance services, whereby it provides repair and maintenance services for its customers' equipment; and equipment rental and other activities, whereby it rents equipment to its customers. More details about Titan Machinery at: http://www.titanmachinery.com.
ETFs holding TITN »
Should Titan Machinery shares be counted among the Top 10 Cheap Services Stocks? To start, we see that the recent trading price for TITN stock is $22.82 (as of 5/3/2024). The most recent quarter's (MRQ) earnings result, annualized, was $4.2/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, Titan Machinery produced $4.94/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $5/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 4.6 for the TTM Median method, 5.4 for price to earnings using MRQ annualized, and 4.6 for current price/TTM earnings. Based on TITN's history, that recent TTM PE is low relative to the historical average, with the recent PE 72.5% lower than the average (TTM method) of 16.7.
Should Titan Machinery shares be counted among the Top 10 Cheap Services Stocks? To start, we see that the recent trading price for TITN stock is $22.82 (as of 5/3/2024). The most recent quarter's (MRQ) earnings result, annualized, was $4.2/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, Titan Machinery produced $4.94/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $5/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 4.6 for the TTM Median method, 5.4 for price to earnings using MRQ annualized, and 4.6 for current price/TTM earnings. Based on TITN's history, that recent TTM PE is low relative to the historical average, with the recent PE 72.5% lower than the average (TTM method) of 16.7.
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Strong Buy (3.60 out of 4) 65th percentile
(ranked higher than approx. 65% of all stocks covered)
Analysts' Target Price: TITN Forecast Based on data provided by Zacks Investment Research via Quandl.com |
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