Comment
0
Tweet
0
Print
RSS Feeds

What to Expect from Titan Machinery

Monday - 4/8/2013, 2:00am  ET

Titan Machinery is expected to report Q4 earnings on April 10. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Titan Machinery's revenues will grow 14.5% and EPS will increase 9.5%.

The average estimate for revenue is $694.8 million. On the bottom line, the average EPS estimate is $0.92.

Revenue details
Last quarter, Titan Machinery notched revenue of $582.1 million. GAAP reported sales were 38% higher than the prior-year quarter's $423.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $0.66. GAAP EPS of $0.66 for Q3 were 8.2% higher than the prior-year quarter's $0.61 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 16.2%, 130 basis points worse than the prior-year quarter. Operating margin was 5.2%, 50 basis points worse than the prior-year quarter. Net margin was 2.4%, 60 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.11 billion. The average EPS estimate is $2.19.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 523 members out of 545 rating the stock outperform, and 22 members rating it underperform. Among 91 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 88 give Titan Machinery a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Titan Machinery is buy, with an average price target of $29.71.

If you're interested in companies like Titan Machinery, you might want to check out the jaw-dropping technology that's about to put 100 million Chinese factory workers out on the street – and the 3 companies that control it. We'll tell you all about them in "The Future is Made in America." Click here for instant access to this free report.

This article was originally published as What to Expect from Titan Machineryon Fool.com

Copyright © 2009 The Motley Fool, LLC. All rights reserved.