This summary was created by AI, based on 2 opinions in the last 12 months.
ServiceTitan (TTAN-Q) is a SAAS platform for tradespeople that recently went public and saw a strong market debut, with shares soaring 42%. The company has shown significant revenue growth and improvement in operating margins, indicating a positive trend. However, the PE ratio is rich and the growth rate plus operating margin falls short of the Wall Street test for tech software stocks. Overall, experts see promise in the company but advise caution due to valuations.
It's a tech platform for tradespeople. It just went public with a bang, soaring 42% yesterday in its market debut. Now, shares are expensive, but he's glad for their success during this IPO drought. They boasted 31% revenue growth in the last fiscal year and 24% in the first six months of the current year. They have found a great niche. Operating margins in the first six months of this fiscal year rose 5% vs. -5% in the year before. However, their growth rate and the operating margin when added together total 29 and fall short of 40 (the Wall Street test of passing 40 for tech software stocks). That said TTAN is trending in the right direction and looks promising overall. True, their PE is rich, but not unreasonable. It's worth buying at a lower 10x sales.
ServiceTitan is a American stock, trading under the symbol TTAN-Q on the NASDAQ (TTAN). It is usually referred to as NASDAQ:TTAN or TTAN-Q
In the last year, 2 stock analysts published opinions about TTAN-Q. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for ServiceTitan.
ServiceTitan was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for ServiceTitan.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of ServiceTitan published on Stockchase.
On 2025-01-06, ServiceTitan (TTAN-Q) stock closed at a price of $101.65.
They report Thursday, this SAAS for tradepeople. He expects them to deliver a fine quarter. Could buy this before the report.