Titan Machinery Inc. (NASDAQ:TITN) Receives $21.50 Average Target Price from Brokerages

Titan Machinery Inc. (NASDAQ:TITN) has earned a consensus rating of “Hold” from the seven ratings firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $21.50.

Several equities analysts have recently weighed in on TITN shares. Wall Street Zen upgraded shares of Titan Machinery from a “sell” rating to a “hold” rating in a research note on Saturday, December 6th. Baird R W downgraded shares of Titan Machinery from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Weiss Ratings reiterated a “sell (d)” rating on shares of Titan Machinery in a research note on Wednesday, October 8th. Finally, Robert W. Baird reissued a “neutral” rating and set a $21.00 target price (down previously from $24.00) on shares of Titan Machinery in a report on Monday, December 1st.

Titan Machinery Stock Performance

Shares of TITN opened at $16.46 on Monday. Titan Machinery has a 1 year low of $12.50 and a 1 year high of $23.41. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.36 and a quick ratio of 0.24. The stock’s fifty day moving average price is $16.17 and its two-hundred day moving average price is $17.73. The firm has a market cap of $384.67 million, a PE ratio of -6.05 and a beta of 1.26.

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

Institutional Trading of Titan Machinery

Institutional investors have recently added to or reduced their stakes in the stock. Quarry LP grew its holdings in Titan Machinery by 189.8% during the 3rd quarter. Quarry LP now owns 1,536 shares of the company’s stock valued at $26,000 after buying an additional 1,006 shares in the last quarter. New York State Teachers Retirement System bought a new position in shares of Titan Machinery in the third quarter valued at approximately $32,000. Tower Research Capital LLC TRC grew 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 valued at $52,000 after acquiring an additional 2,043 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in Titan Machinery by 94.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,032 shares of the company’s stock worth $67,000 after acquiring an additional 1,957 shares during the period. Finally, SG Americas Securities LLC purchased a new stake in Titan Machinery in the 4th quarter worth approximately $101,000. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Titan Machinery Company Profile

Titan Machinery, Inc is a leading full-service dealer specializing in the sale, rental, and servicing of agricultural and construction equipment. The company represents major brands such as Caterpillar, Case IH and New Holland, offering new and pre-owned tractors, combines, excavators, loaders and other heavy machinery. In addition to equipment sales, Titan provides parts distribution, preventative maintenance and field service support to help customers maximize uptime and productivity.

Beyond equipment transactions, Titan Machinery offers a comprehensive suite of support services.