Titan Machinery Inc. Stock Downgraded (TITN)
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- TITN's revenue growth has slightly outpaced the industry average of 3.5%. Since the same quarter one year prior, revenues slightly increased by 4.7%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 37.74%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 105.55% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
- The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. In comparison to the other companies in the Trading Companies & Distributors industry and the overall market, TITAN MACHINERY INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.
- The gross profit margin for TITAN MACHINERY INC is rather low; currently it is at 16.70%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -0.09% trails that of the industry average.
-- Written by a member of TheStreet Ratings Staff
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