Titan Machinery Inc. (TITN) Forms $16.20 Double Top; WALLBRIDGE MINING CO LTD ORDINARY SHARES (WLBMF) Shorts Decreased By 2.5%

Titan Machinery Inc. (NASDAQ:TITN) Logo

WALLBRIDGE MINING CO LTD ORDINARY SHARES (OTCMKTS:WLBMF) had a decrease of 2.5% in short interest. WLBMF’s SI was 3,900 shares in June as released by FINRA. Its down 2.5% from 4,000 shares previously. The stock increased 14.58% or $0.007 during the last trading session, reaching $0.055. About 400,000 shares traded or 2500.10% up from the average. Wallbridge Mining Company Limited (OTCMKTS:WLBMF) has 0.00% since June 24, 2017 and is . It has underperformed by 12.57% the S&P500.

Titan Machinery Inc. (TITN) formed double top with $17.50 target or 8.00% above today’s $16.20 share price. Titan Machinery Inc. (TITN) has $351.12 million valuation. The stock decreased 2.17% or $0.36 during the last trading session, reaching $16.2. About 242,576 shares traded. Titan Machinery Inc. (NASDAQ:TITN) has risen 25.52% since June 24, 2017 and is uptrending. It has outperformed by 12.95% the S&P500. Some Historical TITN News: 29/03/2018 – TITAN MACHINERY INC SEES 2019 DILUTED EPS $0.35 – $0.55; 30/04/2018 – Titan Machinery Inc. Announces Expansion into Germany; 29/03/2018 – Titan Machinery 4Q Adj Loss/Shr 10c; 29/03/2018 – Titan Machinery Sees FY19 EPS 35c-EPS 55c; 18/05/2018 – Titan Machinery Provides Advanced Precision Support with AgriSync; 31/05/2018 – Titan Machinery 1Q Loss/Shr 7c; 29/03/2018 – Titan Machinery Sees FY19 Equipment Margin 7.8%-8.3%; 31/05/2018 – Titan Machinery 1Q Rev $245.7M; 16/03/2018 Titan Machinery Closes Above 50-Day Moving Average: Technicals; 29/03/2018 – Titan Machinery Sees FY19 International Revenue Flat to Up 5%

Among 8 analysts covering Titan Machinery (NASDAQ:TITN), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Titan Machinery has $2600 highest and $15.0 lowest target. $22.40’s average target is 38.27% above currents $16.2 stock price. Titan Machinery had 17 analyst reports since August 6, 2015 according to SRatingsIntel. Piper Jaffray maintained the shares of TITN in report on Thursday, September 7 with “Hold” rating. As per Thursday, March 29, the company rating was maintained by Stephens. The stock of Titan Machinery Inc. (NASDAQ:TITN) has “Buy” rating given on Thursday, August 24 by Robert W. Baird. On Thursday, March 29 the stock rating was maintained by Robert W. Baird with “Buy”. William Blair upgraded Titan Machinery Inc. (NASDAQ:TITN) on Tuesday, January 2 to “Market Perform” rating. The company was downgraded on Friday, December 2 by Standpoint Research. On Thursday, August 6 the stock rating was downgraded by Zacks to “Buy”. The company was maintained on Tuesday, October 10 by Robert W. Baird. On Wednesday, April 4 the stock rating was maintained by William Blair with “Hold”. Piper Jaffray maintained the shares of TITN in report on Friday, October 27 with “Hold” rating.

Investors sentiment decreased to 1.13 in 2018 Q1. Its down 0.30, from 1.43 in 2017Q4. It fall, as 18 investors sold Titan Machinery Inc. shares while 36 reduced holdings. 22 funds opened positions while 39 raised stakes. 17.82 million shares or 5.42% more from 16.91 million shares in 2017Q4 were reported. 13,330 were reported by Wedge Capital L L P Nc. Amg Trust Retail Bank owns 40,367 shares. D E Shaw stated it has 120,723 shares. State Street reported 349,608 shares stake. Gsa Prtn Limited Liability Partnership holds 0.05% or 40,319 shares in its portfolio. Bluecrest Capital Mngmt accumulated 8,539 shares. Smith Asset Mngmt Grp Lp holds 3,373 shares or 0% of its portfolio. Granite Partners Ltd Liability Co has invested 0.03% in Titan Machinery Inc. (NASDAQ:TITN). Legal And General Group Public Lc accumulated 3,210 shares or 0% of the stock. Rhumbline Advisers stated it has 18,009 shares or 0% of all its holdings. Franklin Resources accumulated 166,000 shares. Weber Alan W has 13,500 shares for 0.15% of their portfolio. Federated Investors Pa reported 171,192 shares. Aristotle Cap Boston Limited Liability Corp accumulated 185,034 shares. Jacobs Levy Equity Management Incorporated has 0.03% invested in Titan Machinery Inc. (NASDAQ:TITN) for 68,016 shares.

Since January 3, 2018, it had 1 buying transaction, and 2 selling transactions for $1.35 million activity. On Wednesday, January 3 the insider Meyer David Joseph sold $1.35 million. Erickson Stan K. bought 3,000 shares worth $54,180. $56,763 worth of Titan Machinery Inc. (NASDAQ:TITN) was sold by Knutson Bryan J on Sunday, April 1.

Analysts await Titan Machinery Inc. (NASDAQ:TITN) to report earnings on August, 30. They expect $0.05 earnings per share, up 225.00% or $0.09 from last year’s $-0.04 per share. TITN’s profit will be $1.08M for 81.00 P/E if the $0.05 EPS becomes a reality. After $-0.07 actual earnings per share reported by Titan Machinery Inc. for the previous quarter, Wall Street now forecasts -171.43% EPS growth.

Wallbridge Mining Company Limited acquires, explores for, and develops mineral properties in North America. The company has market cap of $17.92 million. The firm primarily explores for and produces nickel, copper, platinum, palladium, gold, and other platinum group metals. It currently has negative earnings. It holds a 100% interest in the Fenelon gold property, which includes a block of 19 mining claims and 1 mining lease covering an aggregate area of 1,051.77 hectares located in west-central Quebec.

Titan Machinery Inc. (NASDAQ:TITN) Institutional Positions Chart