Titan Machinery (NASDAQ:TITN) Releases FY 2027 Earnings Guidance

Titan Machinery (NASDAQ:TITN) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of -1.750–1.250 for the period, compared to the consensus estimate of -0.950. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of brokerages have issued reports on TITN. Weiss Ratings reiterated a “sell (d)” rating on shares of Titan Machinery in a research report on Thursday, January 22nd. Robert W. Baird lowered their price target on Titan Machinery from $21.00 to $17.00 and set a “neutral” rating on the stock in a research report on Friday, March 20th. Finally, Wall Street Zen downgraded Titan Machinery from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $20.50.

Titan Machinery Price Performance

Shares of NASDAQ:TITN traded up $1.00 during trading on Thursday, reaching $19.78. The stock had a trading volume of 165,190 shares, compared to its average volume of 180,719. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.24 and a current ratio of 1.41. The business has a fifty day moving average price of $17.84 and a 200-day moving average price of $16.78. The stock has a market cap of $461.86 million, a PE ratio of -8.31 and a beta of 1.26. Titan Machinery has a 1-year low of $13.21 and a 1-year high of $23.41.

Titan Machinery (NASDAQ:TITN) last issued its quarterly earnings results on Thursday, March 19th. The company reported ($1.43) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.99) by ($0.44). The firm had revenue of $641.83 million during the quarter, compared to analyst estimates of $615.53 million. Titan Machinery had a negative return on equity of 8.40% and a negative net margin of 2.23%.

Institutional Trading of Titan Machinery

Institutional investors have recently made changes to their positions in the company. Quarry LP boosted its stake in shares of 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 acquiring an additional 1,006 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Titan Machinery by 352.2% in the second quarter. Tower Research Capital LLC TRC now owns 2,623 shares of the company’s stock valued at $52,000 after purchasing an additional 2,043 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Titan Machinery by 94.3% in the third quarter. BNP Paribas Financial Markets now owns 4,032 shares of the company’s stock valued at $67,000 after purchasing an additional 1,957 shares during the last quarter. State of Wyoming increased its holdings in shares of Titan Machinery by 48.2% in the second quarter. State of Wyoming now owns 9,442 shares of the company’s stock valued at $187,000 after purchasing an additional 3,070 shares during the last quarter. Finally, Graham Capital Management L.P. increased its holdings in shares of Titan Machinery by 8.1% in the fourth quarter. Graham Capital Management L.P. now owns 11,640 shares of the company’s stock valued at $175,000 after purchasing an additional 869 shares during the last quarter. 78.38% of the stock is owned by institutional investors and hedge funds.

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.