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

Titan Machinery Inc. (NASDAQ:TITN) has been assigned an average recommendation of “Hold” from the five ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $21.50.

Several equities analysts recently issued reports on the company. Robert W. Baird reaffirmed a “neutral” rating and set a $21.00 price objective (down from $24.00) on shares of Titan Machinery in a report on Monday, December 1st. Weiss Ratings restated a “sell (d)” rating on shares of Titan Machinery in a report on Thursday, January 22nd. Finally, Wall Street Zen raised Titan Machinery from a “sell” rating to a “hold” rating in a research report on Saturday, December 6th.

Institutional Trading of Titan Machinery

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Quarry LP lifted its stake in Titan Machinery by 189.8% during 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 during the last quarter. New York State Teachers Retirement System acquired a new position in Titan Machinery during the 3rd quarter worth $32,000. Tower Research Capital LLC TRC increased its stake in Titan Machinery by 352.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,623 shares of the company’s stock valued at $52,000 after buying an additional 2,043 shares during the period. BNP Paribas Financial Markets increased its stake 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, SG Americas Securities LLC acquired a new position in shares of Titan Machinery during the 4th quarter valued at $101,000. 78.38% of the stock is owned by institutional investors.

Titan Machinery Trading Up 5.0%

TITN opened at $18.60 on Friday. 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 has a 52 week low of $12.50 and a 52 week high of $23.41. The business’s 50 day moving average is $16.22 and its two-hundred day moving average is $17.32. The firm has a market cap of $434.68 million, a price-to-earnings ratio of -6.84 and a beta of 1.28.

Titan Machinery (NASDAQ:TITN) last announced its 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. The business had revenue of $644.51 million during the quarter, compared to the consensus estimate 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 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.