Titan Machinery Inc. (NASDAQ:TITN) Receives Average Recommendation of “Hold” from Analysts

Titan Machinery Inc. (NASDAQ:TITN) has been given an average recommendation of “Hold” by the seven analysts that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $21.50.

TITN has been the subject of a number of analyst reports. Baird R W cut Titan Machinery from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Wall Street Zen upgraded Titan Machinery from a “sell” rating to a “hold” rating in a report on Saturday, December 6th. Robert W. Baird reaffirmed a “neutral” rating and set a $21.00 target price (down previously from $24.00) on shares of Titan Machinery in a research report on Monday, December 1st. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Titan Machinery in a research report on Wednesday, October 8th.

Institutional Investors Weigh In On Titan Machinery

Institutional investors and hedge funds have recently bought and sold shares of the business. Quarry LP raised its position in Titan Machinery by 189.8% in the third quarter. Quarry LP now owns 1,536 shares of the company’s stock worth $26,000 after purchasing an additional 1,006 shares in the last quarter. New York State Teachers Retirement System acquired a new position in Titan Machinery during the third quarter worth $32,000. Tower Research Capital LLC TRC raised its stake in Titan Machinery by 352.2% during the second quarter. Tower Research Capital LLC TRC now owns 2,623 shares of the company’s stock worth $52,000 after acquiring an additional 2,043 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Titan Machinery by 94.3% during the third quarter. BNP Paribas Financial Markets now owns 4,032 shares of the company’s stock valued at $67,000 after acquiring an additional 1,957 shares during the period. Finally, State of Wyoming acquired a new stake in shares of Titan Machinery in the 1st quarter valued at $109,000. Institutional investors own 78.38% of the company’s stock.

Titan Machinery Stock Performance

TITN stock opened at $16.26 on Thursday. The firm has a 50 day moving average of $16.24 and a two-hundred day moving average of $18.25. Titan Machinery has a 12 month low of $12.50 and a 12 month high of $23.41. The company has a market capitalization of $380.00 million, a price-to-earnings ratio of -5.98 and a beta of 1.25. The company has a quick ratio of 0.24, a current ratio of 1.36 and a debt-to-equity ratio of 0.32.

Titan Machinery (NASDAQ:TITN) last released its quarterly earnings data on Tuesday, November 25th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.36) by $0.41. The business had revenue of $644.51 million during the quarter, compared to analyst estimates of $599.17 million. Titan Machinery had a negative net margin of 2.43% and a negative return on equity of 10.30%. Titan Machinery has set its FY 2026 guidance at -2.000–1.500 EPS.

Titan Machinery Company Profile

Titan Machinery Inc owns and operates a network of full service agricultural and construction equipment stores in the United States, Europe, and Australia. It operates through four segments: Agriculture, Construction, Europe, and Australia. The company sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well as equipment from various other manufacturers.