David Meyer - Titan Machinery Chairman of the Board, CEO

3TY Stock  EUR 18.20  3.20  14.95%   

Chairman

Mr. David J. Meyer is Chairman of the company and Chief Executive officer of the company. Mr. Meyer worked for JI Case Company in 1975. From 1976 to 1980, Mr. Meyer was a partner in a CaseNew Holland Dealership with locations in Lisbon, North Dakota and Wahpeton, North Dakota. In 1980, Mr. Meyer, along with a partner, founded Titan Machinery Inc. Mr. Meyer has served on both the Case CE and CaseIH Agriculture Dealer Advisory Boards. Mr. Meyer is the past chairman and current board member of the North Dakota Implement Dealers Association. Among other attributes, skills and qualifications, the Board believes that Mr. Meyer is uniquely qualified to serve as a director and the Board Chair because he is the person most familiar with the Company history, business and industry, and is capable of effectively identifying strategic priorities and leading the discussion and execution of strategy.
Age 70
Phone701 356 0130
Webhttps://www.titanmachinery.com

Titan Machinery Management Efficiency

The company has return on total asset (ROA) of 0.0902 % which means that it generated a profit of $0.0902 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2296 %, meaning that it generated $0.2296 on every $100 dollars invested by stockholders. Titan Machinery's management efficiency ratios could be used to measure how well Titan Machinery manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 74.77 M in total debt with debt to equity ratio (D/E) of 170.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Titan Machinery has a current ratio of 1.36, which is within standard range for the sector. Debt can assist Titan Machinery until it has trouble settling it off, either with new capital or with free cash flow. So, Titan Machinery's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Titan Machinery sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Titan to invest in growth at high rates of return. When we think about Titan Machinery's use of debt, we should always consider it together with cash and equity.
Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores. Titan Machinery Inc. was founded in 1980 and is headquartered in West Fargo, North Dakota. TITAN MACHINERY operates under Industrial Distribution classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1550 people. Titan Machinery (3TY) is traded on Frankfurt Exchange in Germany and employs 2,288 people.

Management Performance

Titan Machinery Leadership Team

Elected by the shareholders, the Titan Machinery's board of directors comprises two types of representatives: Titan Machinery inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Titan. The board's role is to monitor Titan Machinery's management team and ensure that shareholders' interests are well served. Titan Machinery's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Titan Machinery's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Meyer, Chairman of the Board, CEO
Mark Kalvoda, Advisor
Robert Larsen, CFO Treasurer
Ray Ochsner, Chief Officer
Jeff Bowman, Chief Officer
Bryan Knutson, COO, Vice President - Ag Operations
Jason Anderson, VP Admin
Steve Noack, Compliance Counsel

Titan Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Titan Machinery a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Titan Machinery offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Titan Machinery's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Titan Machinery Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Titan Machinery Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Titan Machinery. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Titan Stock please use our How to Invest in Titan Machinery guide.
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When running Titan Machinery's price analysis, check to measure Titan Machinery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Titan Machinery is operating at the current time. Most of Titan Machinery's value examination focuses on studying past and present price action to predict the probability of Titan Machinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Titan Machinery's price. Additionally, you may evaluate how the addition of Titan Machinery to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Titan Machinery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Titan Machinery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Titan Machinery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.