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Stock impact report

Titan Machinery Q2: Industry Volatility Continues [Seeking Alpha]

Titan Machinery Inc. (TITN) 
Last titan machinery inc. earnings: 3/26 06:45 am Check Earnings Report
US:NASDAQ Investor Relations: ir.titanmachinery.com
Company Research Source: Seeking Alpha
Macroeconomic weakness continues to weigh on agricultural equipment sales and construction activity. Excess inventories require Titan Machinery to continue selling equipment, as very weak margins are still pressuring the earnings outlook immensely. A slight sales guidance raise and the USDA's positive net farm income expectations are cautious positives for Titan Machinery. I estimate TITN stock to have a fair value of $16.60 in a base scenario. The valuation remains volatile due to Titan Machinery's uncertain cash flow outlook. Monty Rakusen/DigitalVision via Getty Images Titan Machinery Inc. NASDAQ: TITN ) reported the company's fiscal Q2 results from the May-July period on the 28 th of August. The agricultural and construction equipment retailer has continued to report weak earnings This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions wi Show less Read more
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