Mark Kalvoda - Titan Machinery CFO Treasurer
TITN Stock | USD 15.42 0.28 1.85% |
CFO
Mr. Mark Kalvoda is Chief Financial Officer of Titan Machinery Inc. He served as Chief Financial Officer in April 2011 and previously served as Chief Accounting Officer since September 2007. Prior to joining us, he held various positions between 2004 and 2007 at American Crystal Sugar Co., including Corporationrationrate Controller, Assistant Secretary and Assistant Treasurer. Prior to working for American Crystal Sugar Co., he served in various financial positions within Hormel Foods Corporationrationration. since 2011.
Age | 52 |
Tenure | 13 years |
Address | 644 East Beaton Drive, West Fargo, ND, United States, 58078-2648 |
Phone | 701 356 0130 |
Web | https://www.titanmachinery.com |
Mark Kalvoda Latest Insider Activity
Tracking and analyzing the buying and selling activities of Mark Kalvoda against Titan Machinery stock is an integral part of due diligence when investing in Titan Machinery. Mark Kalvoda insider activity provides valuable insight into whether Titan Machinery is net buyers or sellers over its current business cycle. Note, Titan Machinery insiders must abide by specific rules, including filing SEC forms every time they buy or sell Titan Machinery'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Mark Kalvoda over six months ago Acquisition by Mark Kalvoda of 38238 shares of Titan Machinery subject to Rule 16b-3 |
Titan Machinery Management Efficiency
The company has return on total asset (ROA) of 0.0424 % which means that it generated a profit of $0.0424 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0944 %, meaning that it created $0.0944 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. At this time, Titan Machinery's Return On Tangible Assets are very stable compared to the past year. As of the 26th of November 2024, Return On Assets is likely to grow to 0.06, while Return On Capital Employed is likely to drop 0.13. At this time, Titan Machinery's Return On Tangible Assets are very stable compared to the past year. As of the 26th of November 2024, Intangibles To Total Assets is likely to grow to 0.06, while Other Assets are likely to drop 0.95.Management Performance
Return On Equity | 0.0944 | ||||
Return On Asset | 0.0424 |
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, Co-Founder, Chairman of Board and CEO | ||
Mark Kalvoda, CFO Treasurer | ||
Robert Larsen, CFO Treasurer | ||
Ray Ochsner, Chief Officer | ||
Jeff Bowman, Chief Officer | ||
Bryan Knutson, COO, Vice President - Ag Operations | ||
Jason Anderson, Vice Administration | ||
Steve Noack, Compliance Counsel | ||
Steve JD, 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.
Return On Equity | 0.0944 | ||||
Return On Asset | 0.0424 | ||||
Profit Margin | 0.02 % | ||||
Operating Margin | 0.03 % | ||||
Current Valuation | 1.66 B | ||||
Shares Outstanding | 23.13 M | ||||
Shares Owned By Insiders | 10.52 % | ||||
Shares Owned By Institutions | 90.41 % | ||||
Number Of Shares Shorted | 1.02 M | ||||
Price To Earning | 40.56 X |
Pair Trading with Titan Machinery
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Titan Machinery position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Titan Machinery will appreciate offsetting losses from the drop in the long position's value.Moving together with Titan Stock
0.68 | DSGR | Distribution Solutions | PairCorr |
0.61 | FAST | Fastenal Fiscal Year End 16th of January 2025 | PairCorr |
0.68 | FERG | Ferguson Plc Earnings Call Tomorrow | PairCorr |
0.62 | AIT | Applied Industrial | PairCorr |
The ability to find closely correlated positions to Titan Machinery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Titan Machinery when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Titan Machinery - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Titan Machinery to buy it.
The correlation of Titan Machinery is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Titan Machinery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Titan Machinery moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Titan Machinery can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map 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 closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Titan Machinery. If investors know Titan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Titan Machinery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.66) | Earnings Share 2.64 | Revenue Per Share 124.573 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0424 |
The market value of Titan Machinery is measured differently than its book value, which is the value of Titan that is recorded on the company's balance sheet. Investors also form their own opinion of Titan Machinery's value that differs from its market value or its book value, called intrinsic value, which is Titan Machinery's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Titan Machinery's market value can be influenced by many factors that don't directly affect Titan Machinery's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.