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Recommendations
B. Riley identifies 5 top ideas across industrials coverage » 08:53
01/18/23
01/18
08:53
01/18/23
08:53
ALTG

Alta Equipment Group

$16.11 /

+0.17 (+1.07%)

, BWMN

Bowman Consulting

$22.45 /

+0.01 (+0.04%)

, MTZ

MasTec

$95.08 /

-2.965 (-3.02%)

, TITN

Titan Machinery

$42.60 /

-0.38 (-0.88%)

, TGLS

Tecnoglass

$32.84 /

+0.52 (+1.61%)

B. Riley analyst Alex…

B. Riley analyst Alex Rygiel identified his five top ideas across his industrials coverage, calling them out as companies he believes "could provide attractive alpha in 2023" with less downside risk than peers. He sees the five - Alta Equipment (ALTG), Bowman Consulting (BWMN), MasTec (MTZ), Titan Machinery (TITN) and Tecnoglass Inc. (TGLS) - having greater visibility in the near-term than most of his coverage and offering "attractive valuations," Rygiel tells investors. He has Buy ratings on all five stocks.

ShowHide Related Items >><<
TITN Titan Machinery
$42.60 /

-0.38 (-0.88%)

TGLS Tecnoglass
$32.84 /

+0.52 (+1.61%)

MTZ MasTec
$95.08 /

-2.965 (-3.02%)

BWMN Bowman Consulting
$22.45 /

+0.01 (+0.04%)

ALTG Alta Equipment Group
$16.11 /

+0.17 (+1.07%)

ALTG Alta Equipment Group
$16.11 /

+0.17 (+1.07%)

09/23/22 Northland
Alta Equipment Group initiated with an Outperform at Northland
08/10/22 B. Riley
Alta Equipment Group price target raised to $19 from $16 at B. Riley
05/11/22 B. Riley
Alta Equipment Group price target lowered to $16 from $22 at B. Riley
BWMN Bowman Consulting
$22.45 /

+0.01 (+0.04%)

08/15/22 B. Riley
Bowman Consulting price target raised to $27 from $23 at B. Riley
06/28/22 B. Riley
Bowman Consulting added to '25 for 22 List' at B. Riley
03/23/22 B. Riley
Bowman Consulting price target raised to $26 from $25 at B. Riley
MTZ MasTec
$95.08 /

-2.965 (-3.02%)

01/13/23 Barclays
MasTec price target raised to $115 from $100 at Barclays
12/27/22 Cowen
MasTec price target lowered to $120 from $125 at Cowen
11/07/22 B. Riley
MasTec price target raised to $112 from $90 at B. Riley
11/07/22 Credit Suisse
MasTec price target raised to $120 from $105 at Credit Suisse
TITN Titan Machinery
$42.60 /

-0.38 (-0.88%)

12/13/22 B. Riley
B. Riley starts 'defensive play' Titan Machinery with a Buy
12/13/22 B. Riley
Titan Machinery initiated with a Buy at B. Riley
11/30/22 Baird
Baird ups Titan Machinery target but tells investors to 'be careful'
08/25/22 Baird
Titan Machinery price target raised to $34 from $27 at Baird
TGLS Tecnoglass
$32.84 /

+0.52 (+1.61%)

12/02/22 B. Riley
Tecnoglass price target raised to $40 from $38 at B. Riley
11/04/22 Baird
Tecnoglass price target raised to $40 from $36 at Baird
08/05/22 B. Riley
Tecnoglass price target raised to $34 from $32 at B. Riley
05/05/22 B. Riley
Tecnoglass price target lowered to $32 from $37 at B. Riley
TITN Titan Machinery
$42.60 /

-0.38 (-0.88%)

TGLS Tecnoglass
$32.84 /

+0.52 (+1.61%)

MTZ MasTec
$95.08 /

-2.965 (-3.02%)

BWMN Bowman Consulting
$22.45 /

+0.01 (+0.04%)

ALTG Alta Equipment Group
$16.11 /

+0.17 (+1.07%)

  • 09
    Feb
TITN Titan Machinery
$42.60 /

-0.38 (-0.88%)

MTZ MasTec
$95.08 /

-2.965 (-3.02%)

Over a month ago
Hot Stocks
Titan Machinery to acquire Idaho dealership assets of Pioneer Farm Equipment » 16:10
12/19/22
12/19
16:10
12/19/22
16:10
TITN

Titan Machinery

$38.52 /

-0.55 (-1.41%)

Titan Machinery announced…

Titan Machinery announced that it has entered into a definitive purchase agreement to acquire the Idaho dealership assets of Pioneer Farm Equipment. The acquisition includes five full-line Case IH agriculture dealerships located in southeastern Idaho, two of which are also Case Construction equipment dealerships. For full calendar year 2021, Pioneer generated revenue of approximately $60M. The acquisition is expected to close in February 2023.David Meyer, Titan Machinery's Chairman and Chief Executive Officer, stated, "We are excited to announce our agreement to purchase Pioneer's Idaho dealership assets. The Pioneer team has been serving customers in the highly productive Snake River Valley area in southeastern Idaho for over two decades. This acquisition represents an ideal opportunity for us to build upon our recent Heartland acquisition, which has an established presence in the region with commercial application equipment customers. Further, this growing region was of particular interest to us given it supports large industry volumes and has similar crops and machine specifications to other markets served by Titan Machinery. We share similar cultures that are focused on attentive, personal, customer service and we look forward to welcoming their team to the Titan Machinery family."

ShowHide Related Items >><<
TITN Titan Machinery
$38.52 /

-0.55 (-1.41%)

TITN Titan Machinery
$38.52 /

-0.55 (-1.41%)

12/13/22 B. Riley
B. Riley starts 'defensive play' Titan Machinery with a Buy
12/13/22 B. Riley
Titan Machinery initiated with a Buy at B. Riley
11/30/22 Baird
Baird ups Titan Machinery target but tells investors to 'be careful'
08/25/22 Baird
Titan Machinery price target raised to $34 from $27 at Baird
TITN Titan Machinery
$38.52 /

-0.55 (-1.41%)

TITN Titan Machinery
$38.52 /

-0.55 (-1.41%)

Initiation
B. Riley starts 'defensive play' Titan Machinery with a Buy » 14:33
12/13/22
12/13
14:33
12/13/22
14:33
TITN

Titan Machinery

$39.99 /

+0.4 (+1.01%)

B. Riley analyst Alex…

B. Riley analyst Alex Rygiel initiated coverage of Titan Machinery with a Buy rating and $48 price target. He estimates that 85%-90% of Titan's total revenue is tied to the agriculture industry through ag and construction equipment sales to farmers and ranchers, making it "a defensive play in an uncertain economic environment." Despite headwinds within the company's Ukraine operations, which Rygiel thinks "continue to depress the equity valuation," Titan's recent financial performance has been strong, the analyst added.

ShowHide Related Items >><<
TITN Titan Machinery
$39.99 /

+0.4 (+1.01%)

TITN Titan Machinery
$39.99 /

+0.4 (+1.01%)

12/13/22 B. Riley
Titan Machinery initiated with a Buy at B. Riley
11/30/22 Baird
Baird ups Titan Machinery target but tells investors to 'be careful'
08/25/22 Baird
Titan Machinery price target raised to $34 from $27 at Baird
07/11/22 Baird
Baird trims Titan Machinery price target to $27, but 'likes' Heartland Ag deal
TITN Titan Machinery
$39.99 /

+0.4 (+1.01%)

TITN Titan Machinery
$39.99 /

+0.4 (+1.01%)

Initiation
Titan Machinery initiated with a Buy at B. Riley » 13:29
12/13/22
12/13
13:29
12/13/22
13:29
TITN

Titan Machinery

$39.93 /

+0.34 (+0.86%)

B. Riley analyst Alex…

B. Riley analyst Alex Rygiel initiated coverage of Titan Machinery with a Buy rating and $48 price target.

ShowHide Related Items >><<
TITN Titan Machinery
$39.93 /

+0.34 (+0.86%)

TITN Titan Machinery
$39.93 /

+0.34 (+0.86%)

11/30/22 Baird
Baird ups Titan Machinery target but tells investors to 'be careful'
08/25/22 Baird
Titan Machinery price target raised to $34 from $27 at Baird
07/11/22 Baird
Baird trims Titan Machinery price target to $27, but 'likes' Heartland Ag deal
05/27/22 Stephens
Titan Machinery price target lowered to $41 from $44 at Stephens
TITN Titan Machinery
$39.93 /

+0.34 (+0.86%)

TITN Titan Machinery
$39.93 /

+0.34 (+0.86%)

Recommendations
Baird ups Titan Machinery target but tells investors to 'be careful' » 14:34
11/30/22
11/30
14:34
11/30/22
14:34
TITN

Titan Machinery

$42.06 /

+7.16 (+20.52%)

Baird analyst Mircea…

Baird analyst Mircea Dobre raised the firm's price target on Titan Machinery to $40 from $34 and keeps a Neutral rating on the shares. The company's Q3 results exceeded expectations as demand remained strong, Dobre tells investors in a research note. Guidance was raised but further upside in Q4 is "highly likely," says the analyst. He sees a "uniquely favorable" current environment, with used pricing, manufacturer incentives, parts pricing, and lack of new equipment discounting "all boosting margin in ways that will prove unsustainable." As such, investors should "be careful," writes Dobre.

ShowHide Related Items >><<
TITN Titan Machinery
$42.06 /

+7.16 (+20.52%)

TITN Titan Machinery
$42.06 /

+7.16 (+20.52%)

08/25/22 Baird
Titan Machinery price target raised to $34 from $27 at Baird
07/11/22 Baird
Baird trims Titan Machinery price target to $27, but 'likes' Heartland Ag deal
05/27/22 Stephens
Titan Machinery price target lowered to $41 from $44 at Stephens
05/26/22 Baird
Titan Machinery price target raised to $32 from $30 at Baird
TITN Titan Machinery
$42.06 /

+7.16 (+20.52%)

TITN Titan Machinery
$42.06 /

+7.16 (+20.52%)

On The Fly
Fly Intel: Pre-market Movers » 09:00
11/30/22
11/30
09:00
11/30/22
09:00
BIIB

Biogen

$291.47 /

-0.49 (-0.17%)

, HZNP

Horizon Therapeutics

$78.78 /

+0.69 (+0.88%)

, WOOF

Petco

$9.48 /

-0.185 (-1.92%)

, TITN

Titan Machinery

$34.89 /

-0.52 (-1.47%)

, DCI

Donaldson

$59.28 /

-0.44 (-0.74%)

, ENB

Enbridge

$40.86 /

-0.34 (-0.83%)

, BBW

Build-A-Bear

$19.36 /

+0.54 (+2.87%)

, XPEV

XPeng

$7.35 /

+0.44 (+6.37%)

, WDAY

Workday

$143.37 /

-1.98 (-1.36%)

, LESL

Leslie's

$15.07 /

+0.47 (+3.22%)

, HRL

Hormel Foods

$48.17 /

-0.945 (-1.92%)

, CRWD

Crowdstrike

$137.99 /

-1.6 (-1.15%)

, ASTS

AST SpaceMobile

$6.35 /

-0.01 (-0.16%)

, JNJ

Johnson & Johnson

$176.04 /

-1.26 (-0.71%)

, AMGN

Amgen

$282.00 /

-0.67 (-0.24%)

, SNY

Sanofi

$45.89 /

+0.33 (+0.72%)

, ESALY

Eisai

$64.75 /

-0.35 (-0.54%)

Check out this morning's…

ShowHide Related Items >><<
XPEV XPeng
$7.35 /

+0.44 (+6.37%)

WOOF Petco
$9.48 /

-0.185 (-1.92%)

WDAY Workday
$143.37 /

-1.98 (-1.36%)

TITN Titan Machinery
$34.89 /

-0.52 (-1.47%)

SNY Sanofi
$45.89 /

+0.33 (+0.72%)

LESL Leslie's
$15.07 /

+0.47 (+3.22%)

JNJ Johnson & Johnson
$176.04 /

-1.26 (-0.71%)

HZNP Horizon Therapeutics
$78.78 /

+0.69 (+0.88%)

HRL Hormel Foods
$48.17 /

-0.945 (-1.92%)

ESALY Eisai
$64.75 /

-0.35 (-0.54%)

ENB Enbridge
$40.86 /

-0.34 (-0.83%)

DCI Donaldson
$59.28 /

-0.44 (-0.74%)

CRWD Crowdstrike
$137.99 /

-1.6 (-1.15%)

BIIB Biogen
$291.47 /

-0.49 (-0.17%)

BBW Build-A-Bear
$19.36 /

+0.54 (+2.87%)

ASTS AST SpaceMobile
$6.35 /

-0.01 (-0.16%)

AMGN Amgen
$282.00 /

-0.67 (-0.24%)

BIIB Biogen
$291.47 /

-0.49 (-0.17%)

11/30/22 Mizuho
Mizuho says Biogen not mentioned in 90 minute lecanemab presentation
11/30/22 Jefferies
Biogen price target raised to $350 from $325 at Jefferies
11/30/22 Wedbush
Biogen price target raised to $247 from $218 at Wedbush
11/30/22 JPMorgan
Biogen Alzheimer's data increases approval confidence, says JPMorgan
HZNP Horizon Therapeutics
$78.78 /

+0.69 (+0.88%)

11/30/22 Cowen
Horizon Therapeutics takeout in $120-$140 range reasonable, says Cowen
11/30/22 Wells Fargo
Horizon Therapeutics takeover value could be $135/share, says Wells Fargo
11/01/22 H.C. Wainwright
Horizon Therapeutics initiated with a Neutral at H.C. Wainwright
10/25/22 Piper Sandler
Horizon Therapeutics price target lowered to $88 from $90 at Piper Sandler
WOOF Petco
$9.48 /

-0.185 (-1.92%)

11/28/22 Wedbush
Black Friday winners Include Best Buy, losers include Pets, says Wedbush
11/28/22 Needham
Petco price target lowered to $20 from $30 at Needham
10/31/22 Citi
Petco price target lowered to $15 from $19 at Citi
10/21/22 Jefferies
Petco transferred with a Hold at Jefferies
TITN Titan Machinery
$34.89 /

-0.52 (-1.47%)

08/25/22 Baird
Titan Machinery price target raised to $34 from $27 at Baird
07/11/22 Baird
Baird trims Titan Machinery price target to $27, but 'likes' Heartland Ag deal
05/27/22 Stephens
Titan Machinery price target lowered to $41 from $44 at Stephens
05/26/22 Baird
Titan Machinery price target raised to $32 from $30 at Baird
DCI Donaldson
$59.28 /

-0.44 (-0.74%)

09/01/22 Baird
Donaldson price target lowered to $59 from $61 at Baird
07/18/22 Stifel
Donaldson price target lowered to $51 from $53 at Stifel
06/02/22 Baird
Donaldson price target lowered to $61 from $65 at Baird
03/03/22 Baird
Donaldson price target lowered to $65 from $70 at Baird
ENB Enbridge
$40.86 /

-0.34 (-0.83%)

11/07/22 National Bank
Enbridge downgraded to Sector Perform from Outperform at National Bank
10/20/22 Scotiabank
Enbridge price target lowered to C$56 from C$62 at Scotiabank
10/19/22 Morgan Stanley
Enbridge price target lowered to C$64 from C$67 at Morgan Stanley
09/12/22 Raymond James
Enbridge upgraded to Outperform from Market Perform at Raymond James
BBW Build-A-Bear
$19.36 /

+0.54 (+2.87%)

XPEV XPeng
$7.35 /

+0.44 (+6.37%)

11/28/22 Jefferies
XPeng downgraded to Underperform at Jefferies ahead of 'challenging year'
11/28/22 Jefferies
XPeng downgraded to Underperform from Hold at Jefferies
11/22/22 DBS Bank
XPeng initiated with a Buy at DBS Bank (earlier)
11/17/22 UBS
XPeng upgraded to Buy from Neutral at UBS
WDAY Workday
$143.37 /

-1.98 (-1.36%)

11/30/22 Deutsche Bank
Workday price target lowered to $215 from $230 at Deutsche Bank
11/30/22 Baird
Workday price target lowered to $223 from $235 at Baird
11/30/22 JPMorgan
Workday price target lowered to $223 from $235 at JPMorgan
11/30/22 Mizuho
Workday price target lowered to $200 from $220 at Mizuho
LESL Leslie's
$15.07 /

+0.47 (+3.22%)

11/28/22 Stifel
Leslie's price target lowered to $17 from $20 at Stifel
11/15/22 Baird
Leslie's downgraded to Neutral from Outperform at Baird
10/03/22 MKM Partners
MKM Partners starts Leslie's at Neutral, sees higher costs impact profitability
10/03/22 MKM Partners
Leslie's initiated with a Neutral at MKM Partners
HRL Hormel Foods
$48.17 /

-0.945 (-1.92%)

09/22/22 Argus
Hormel Foods price target lowered to $53 from $54 at Argus
09/02/22 Piper Sandler
Hormel Foods price target lowered to $47 from $48 at Piper Sandler
08/23/22 Stephens
Hormel Foods price target raised to $55 from $50 at Stephens
03/15/22 Goldman Sachs
Hormel Foods downgraded to Sell from Neutral at Goldman Sachs
CRWD Crowdstrike
$137.99 /

-1.6 (-1.15%)

11/30/22 Needham
Crowdstrike price target lowered to $165 from $225 at Needham
11/30/22 DA Davidson
Crowdstrike price target lowered to $145 from $235 at DA Davidson
11/30/22 MKM Partners
Crowdstrike price target lowered to $190 from $200 at MKM Partners
11/30/22 Morgan Stanley
Morgan Stanley says investors should 'buy the dip' in Crowdstrike after Q3
ASTS AST SpaceMobile
$6.35 /

-0.01 (-0.16%)

11/23/22 Deutsche Bank
AST SpaceMobile price target raised to $32 from $30 at Deutsche Bank
10/28/22 B. Riley
AST SpaceMobile initiated with a Buy at B. Riley
10/19/22 Barclays
AST SpaceMobile price target lowered to $15 from $29 at Barclays
08/17/22 Deutsche Bank
AST SpaceMobile price target lowered to $30 from $31 at Deutsche Bank
JNJ Johnson & Johnson
$176.04 /

-1.26 (-0.71%)

11/29/22 Craig-Hallum
Craig-Hallum sees potential for competing Apollo Endosurgery bids
11/28/22 Morgan Stanley
Genmab risk/reward favorable into arbitration ruling, says Morgan Stanley
11/17/22 Credit Suisse
Johnson & Johnson initiated with a Neutral at Credit Suisse
AMGN Amgen
$282.00 /

-0.67 (-0.24%)

11/17/22 Credit Suisse
Amgen initiated with an Underperform at Credit Suisse
11/08/22 Oppenheimer
Amgen price target raised to $300 from $290 at Oppenheimer
11/08/22 Truist
Amgen price target raised to $280 from $266 at Truist
SNY Sanofi
$45.89 /

+0.33 (+0.72%)

11/14/22 Oppenheimer
Biogen price target raised to $315 from $300 at Oppenheimer
10/14/22 Barclays
Sanofi price target lowered to EUR 85 from EUR 105 at Barclays
10/06/22 Jefferies
Provention Bio price target raised to $15 from $10 at Jefferies
ESALY Eisai
$64.75 /

-0.35 (-0.54%)

11/29/22 Jefferies
Prothena data from AD/PD abstract 'promising,' says Jefferies
11/14/22 Jefferies
Biogen scarcity value goes up after Roche miss in Alzheimer's, says Jefferies
XPEV XPeng
$7.35 /

+0.44 (+6.37%)

WOOF Petco
$9.48 /

-0.185 (-1.92%)

WDAY Workday
$143.37 /

-1.98 (-1.36%)

TITN Titan Machinery
$34.89 /

-0.52 (-1.47%)

SNY Sanofi
$45.89 /

+0.33 (+0.72%)

LESL Leslie's
$15.07 /

+0.47 (+3.22%)

JNJ Johnson & Johnson
$176.04 /

-1.26 (-0.71%)

HZNP Horizon Therapeutics
$78.78 /

+0.69 (+0.88%)

HRL Hormel Foods
$48.17 /

-0.945 (-1.92%)

ENB Enbridge
$40.86 /

-0.34 (-0.83%)

DCI Donaldson
$59.28 /

-0.44 (-0.74%)

CRWD Crowdstrike
$137.99 /

-1.6 (-1.15%)

BIIB Biogen
$291.47 /

-0.49 (-0.17%)

BBW Build-A-Bear
$19.36 /

+0.54 (+2.87%)

ASTS AST SpaceMobile
$6.35 /

-0.01 (-0.16%)

AMGN Amgen
$282.00 /

-0.67 (-0.24%)

  • 30
    Nov
  • 15
    Dec
XPEV XPeng
$7.35 /

+0.44 (+6.37%)

SNY Sanofi
$45.89 /

+0.33 (+0.72%)

JNJ Johnson & Johnson
$176.04 /

-1.26 (-0.71%)

HZNP Horizon Therapeutics
$78.78 /

+0.69 (+0.88%)

HRL Hormel Foods
$48.17 /

-0.945 (-1.92%)

ENB Enbridge
$40.86 /

-0.34 (-0.83%)

CRWD Crowdstrike
$137.99 /

-1.6 (-1.15%)

BIIB Biogen
$291.47 /

-0.49 (-0.17%)

ASTS AST SpaceMobile
$6.35 /

-0.01 (-0.16%)

AMGN Amgen
$282.00 /

-0.67 (-0.24%)

XPEV XPeng
$7.35 /

+0.44 (+6.37%)

WOOF Petco
$9.48 /

-0.185 (-1.92%)

WDAY Workday
$143.37 /

-1.98 (-1.36%)

TITN Titan Machinery
$34.89 /

-0.52 (-1.47%)

SNY Sanofi
$45.89 /

+0.33 (+0.72%)

JNJ Johnson & Johnson
$176.04 /

-1.26 (-0.71%)

HZNP Horizon Therapeutics
$78.78 /

+0.69 (+0.88%)

HRL Hormel Foods
$48.17 /

-0.945 (-1.92%)

ESALY Eisai
$64.75 /

-0.35 (-0.54%)

CRWD Crowdstrike
$137.99 /

-1.6 (-1.15%)

BIIB Biogen
$291.47 /

-0.49 (-0.17%)

ASTS AST SpaceMobile
$6.35 /

-0.01 (-0.16%)

AMGN Amgen
$282.00 /

-0.67 (-0.24%)

XPEV XPeng
$7.35 /

+0.44 (+6.37%)

WDAY Workday
$143.37 /

-1.98 (-1.36%)

SNY Sanofi
$45.89 /

+0.33 (+0.72%)

LESL Leslie's
$15.07 /

+0.47 (+3.22%)

JNJ Johnson & Johnson
$176.04 /

-1.26 (-0.71%)

ENB Enbridge
$40.86 /

-0.34 (-0.83%)

CRWD Crowdstrike
$137.99 /

-1.6 (-1.15%)

BIIB Biogen
$291.47 /

-0.49 (-0.17%)

ASTS AST SpaceMobile
$6.35 /

-0.01 (-0.16%)

AMGN Amgen
$282.00 /

-0.67 (-0.24%)

Earnings
Titan Machinery raises FY23 EPS view to $4.55-$4.85 from $3.70-$4.00 » 06:50
11/30/22
11/30
06:50
11/30/22
06:50
TITN

Titan Machinery

$34.89 /

-0.52 (-1.47%)

Consensus is for FY23 EPS…

Consensus is for FY23 EPS $3.97. Raises FY23 segment revenue as follows: Agriculture to up 55%-60%, from up 50%-55%; Construction to down 0-5% from down 5%-10%; and reaffirms international revenue segment view down 0-5%.

ShowHide Related Items >><<
TITN Titan Machinery
$34.89 /

-0.52 (-1.47%)

TITN Titan Machinery
$34.89 /

-0.52 (-1.47%)

08/25/22 Baird
Titan Machinery price target raised to $34 from $27 at Baird
07/11/22 Baird
Baird trims Titan Machinery price target to $27, but 'likes' Heartland Ag deal
05/27/22 Stephens
Titan Machinery price target lowered to $41 from $44 at Stephens
05/26/22 Baird
Titan Machinery price target raised to $32 from $30 at Baird
TITN Titan Machinery
$34.89 /

-0.52 (-1.47%)

TITN Titan Machinery
$34.89 /

-0.52 (-1.47%)

Earnings
Titan Machinery reports Q3 EPS $1.82, consensus $1.16 » 06:46
11/30/22
11/30
06:46
11/30/22
06:46
TITN

Titan Machinery

$34.89 /

-0.52 (-1.47%)

Reports Q3 revenue…

Reports Q3 revenue $668.8M, consensus $597.35M. David Meyer, Titan Machinery's Chairman and CEO, stated, "We delivered another consecutive quarter of record financial results, with third quarter earnings per share of $1.82. The ongoing strength of the agriculture sector combined with our customer-centric focus drove consolidated revenue growth of 47%, which was supported by strong contribution across each of our revenue streams - equipment, parts and service. Our business continues to operate with great efficiency, allowing us to drive significant operating leverage on the higher levels of revenue that we have achieved. This is demonstrated in our record consolidated pre-tax margin of 8.2% that we delivered in the fiscal third quarter, with each of our operating segments experiencing pre-tax margin expansion. Given these strong Q3 results, coupled with our expectations for the solid market fundamentals continuing through the fourth quarter, we are increasing our earnings per share modeling assumption for FY23 to a midpoint of $4.70 per share."

ShowHide Related Items >><<
TITN Titan Machinery
$34.89 /

-0.52 (-1.47%)

TITN Titan Machinery
$34.89 /

-0.52 (-1.47%)

08/25/22 Baird
Titan Machinery price target raised to $34 from $27 at Baird
07/11/22 Baird
Baird trims Titan Machinery price target to $27, but 'likes' Heartland Ag deal
05/27/22 Stephens
Titan Machinery price target lowered to $41 from $44 at Stephens
05/26/22 Baird
Titan Machinery price target raised to $32 from $30 at Baird
TITN Titan Machinery
$34.89 /

-0.52 (-1.47%)

TITN Titan Machinery
$34.89 /

-0.52 (-1.47%)

Over a quarter ago
Hot Stocks
Titan Machinery announces appointment of Larsen as CFO » 08:02
09/30/22
09/30
08:02
09/30/22
08:02
TITN

Titan Machinery

$27.79 /

-1.76 (-5.96%)

, CNHI

CNH Industrial

$11.23 /

-0.205 (-1.79%)

Titan Machinery (TITN)…

Titan Machinery (TITN) announced the appointment of Robert Larsen as the Company's Chief Financial Officer, CFO, and Treasurer, effective December 1, 2022. Larsen intends to join the Company on November 1, 2022. Larsen will succeed Mark Kalvoda, who will continue as the Company's Chief Financial Officer and Treasurer until the effective date of Larsen's appointment. To ensure a smooth and orderly transition, Kalvoda will remain as an employee of the Company in an advisory capacity through January 15, 2023. Mr. Larsen joins Titan Machinery from CNH Industrial (CNHI) where he currently serves as the Head of Finance for CNH Industrial's team focused on precision technology, which includes the acquired agriculture business operations of Raven Industries.

ShowHide Related Items >><<
TITN Titan Machinery
$27.79 /

-1.76 (-5.96%)

CNHI CNH Industrial
$11.23 /

-0.205 (-1.79%)

TITN Titan Machinery
$27.79 /

-1.76 (-5.96%)

08/25/22 Baird
Titan Machinery price target raised to $34 from $27 at Baird
07/11/22 Baird
Baird trims Titan Machinery price target to $27, but 'likes' Heartland Ag deal
05/27/22 Stephens
Titan Machinery price target lowered to $41 from $44 at Stephens
05/26/22 Baird
Titan Machinery price target raised to $32 from $30 at Baird
CNHI CNH Industrial
$11.23 /

-0.205 (-1.79%)

09/27/22 Baird
CNH Industrial initiated with an Outperform at Baird
08/01/22 Deutsche Bank
CNH Industrial price target raised to $17 from $16 at Deutsche Bank
07/13/22 Deutsche Bank
CNH Industrial price target lowered to $16 from $18 at Deutsche Bank
07/12/22 JPMorgan
CNH Industrial price target lowered to $14 from $20 at JPMorgan
TITN Titan Machinery
$27.79 /

-1.76 (-5.96%)

CNHI CNH Industrial
$11.23 /

-0.205 (-1.79%)

CNHI CNH Industrial
$11.23 /

-0.205 (-1.79%)

TITN Titan Machinery
$27.79 /

-1.76 (-5.96%)

Recommendations
Titan Machinery price target raised to $34 from $27 at Baird » 16:09
08/25/22
08/25
16:09
08/25/22
16:09
TITN

Titan Machinery

$32.81 /

+1.81 (+5.84%)

Baird analyst Mircea…

Baird analyst Mircea Dobre raised the firm's price target on Titan Machinery to $34 from $27 and keeps a Neutral rating on the shares. Titan is "executing well" and its fiscal Q2 results exceeded expectations as demand remained strong, but the current environment is "uniquely favorable as used equipment prices break new records," boosting margins, Dobre said. While he remains constructive on Ag fundamentals, he tells investors he has "a hard time extrapolating the current environment," leaving him on the sidelines.

ShowHide Related Items >><<
TITN Titan Machinery
$32.81 /

+1.81 (+5.84%)

TITN Titan Machinery
$32.81 /

+1.81 (+5.84%)

07/11/22 Baird
Baird trims Titan Machinery price target to $27, but 'likes' Heartland Ag deal
05/27/22 Stephens
Titan Machinery price target lowered to $41 from $44 at Stephens
05/26/22 Baird
Titan Machinery price target raised to $32 from $30 at Baird
11/24/21
Fly Intel: Top five analyst downgrades
TITN Titan Machinery
$32.81 /

+1.81 (+5.84%)

TITN Titan Machinery
$32.81 /

+1.81 (+5.84%)

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