Saturday, April 13, 2013

Investopedia: Titan Machinery's Margin Problem

Although I have mentioned it before in previous articles on Titan Machinery (Nasdaq:TITN), it bears repeating – Titan Machinery is pursuing a risky, debt-fueled roll-up model that puts a premium on driving solid long-term operating leverage. This makes the company's fourth quarter miss all the more concerning. While I'm the last person to advocate freaking out (or abandoning a position) over one bad quarter, the long-term impact to fair value of even a half-point adjustment to margin estimates can be significant.

Please follow this link for more:
http://www.investopedia.com/stock-analysis/041213/titan-machinerys-margin-problem-titn-cnh-de-uri.aspx

No comments: