Titan Machinery (NASDAQ:TITN) Updates FY 2025 Earnings Guidance

Titan Machinery (NASDAQ:TITN) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 2.250-2.750 for the period, compared to the consensus earnings per share estimate of 3.180. The company issued revenue guidance of -.

Titan Machinery Price Performance

Titan Machinery stock opened at $18.66 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.19 and a current ratio of 1.32. Titan Machinery has a 52 week low of $18.49 and a 52 week high of $35.88. The stock has a market capitalization of $425.82 million, a P/E ratio of 4.49 and a beta of 1.41. The stock has a fifty day moving average of $23.40 and a 200-day moving average of $25.43.

Titan Machinery (NASDAQ:TITN) last posted its earnings results on Thursday, May 23rd. The company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.26). The company had revenue of $628.70 million during the quarter, compared to the consensus estimate of $664.18 million. Titan Machinery had a return on equity of 15.15% and a net margin of 3.37%. On average, sell-side analysts expect that Titan Machinery will post 2.5 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TITN. TheStreet cut Titan Machinery from a b- rating to a c+ rating in a report on Monday, February 26th. Robert W. Baird dropped their price objective on shares of Titan Machinery from $24.00 to $18.00 and set a neutral rating for the company in a report on Friday. Craig Hallum cut their target price on shares of Titan Machinery from $30.00 to $25.00 and set a buy rating on the stock in a research report on Friday. Finally, StockNews.com downgraded shares of Titan Machinery from a hold rating to a sell rating in a research note on Friday. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of Moderate Buy and a consensus target price of $35.80.

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.