Titan Machinery Inc. (NASDAQ:TITN) Given Average Rating of “Moderate Buy” by Analysts

Shares of Titan Machinery Inc. (NASDAQ:TITN) have earned an average rating of “Moderate Buy” from the seven research firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, two have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $22.25.

A number of equities research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Titan Machinery in a report on Wednesday, October 8th. Wall Street Zen raised Titan Machinery from a “sell” rating to a “hold” rating in a report on Friday, September 26th.

Institutional Investors Weigh In On Titan Machinery

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TITN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Titan Machinery by 109.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,817,108 shares of the company’s stock worth $30,964,000 after purchasing an additional 948,707 shares in the last quarter. Stephens Investment Management Group LLC bought a new stake in Titan Machinery during the second quarter worth approximately $7,606,000. Royce & Associates LP raised its holdings in Titan Machinery by 500.2% during the first quarter. Royce & Associates LP now owns 452,570 shares of the company’s stock worth $7,712,000 after purchasing an additional 377,170 shares in the last quarter. American Century Companies Inc. raised its holdings in Titan Machinery by 26.6% during the second quarter. American Century Companies Inc. now owns 1,571,648 shares of the company’s stock worth $31,134,000 after purchasing an additional 330,436 shares in the last quarter. Finally, Driehaus Capital Management LLC bought a new stake in Titan Machinery during the first quarter worth approximately $4,969,000. Institutional investors own 78.38% of the company’s stock.

Titan Machinery Stock Performance

Shares of TITN stock opened at $16.52 on Wednesday. The business has a 50 day moving average of $17.94 and a two-hundred day moving average of $18.74. The company has a market cap of $386.07 million, a P/E ratio of -6.12 and a beta of 1.27. The company has a quick ratio of 0.18, a current ratio of 1.31 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.

Titan Machinery (NASDAQ:TITN) last released its quarterly earnings results on Thursday, August 28th. The company reported ($0.26) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.56) by $0.30. The company had revenue of $546.43 million for the quarter, compared to analysts’ expectations of $503.80 million. Titan Machinery had a negative return on equity of 9.99% and a negative net margin of 2.37%. 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.