Titan Machinery Inc. (TITN): Today's Featured Specialty Retail Loser

Titan Machinery ( TITN) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail loser. The industry as a whole closed the day up 1%. By the end of trading, Titan Machinery fell 72 cents (-2.2%) to $32.51 on average volume. Throughout the day, 405,829 shares of Titan Machinery exchanged hands as compared to its average daily volume of 477,800 shares. The stock ranged in price between $31.15-$33.16 after having opened the day at $33.01 as compared to the previous trading day's close of $33.23. Other company's within the Specialty Retail industry that declined today were: Birks & Mayors ( BMJ), down 7.9%, Sport Chalet ( SPCHA), down 5%, Bluefly ( BFLY), down 3.9%, and Hastings Entertainment ( HAST), down 2.8%.

Titan Machinery Inc. owns and operates a network of full service agricultural and construction equipment stores in the United States and Europe. It engages in the sale of new and used equipment. Titan Machinery has a market cap of $678.8 million and is part of the services sector. The company has a P/E ratio of 14.9, equal to the average specialty retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 49.4% year to date as of the close of trading on Tuesday. Currently there are five analysts that rate Titan Machinery a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Titan Machinery as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the positive front, Zale Corporation ( ZLC), up 13.3%, PetSmart ( PETM), up 13.1%, Zagg ( ZAGG), up 5.7%, and Coinstar ( CSTR), up 4.6%, were all gainers within the specialty retail industry with Netflix ( NFLX) being today's featured specialty retail industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the specialty retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).
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