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

Shares of Titan Machinery Inc. (NASDAQ:TITN) have been assigned an average rating of “Hold” from the seven analysts that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $21.50.

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Quarry LP increased its position in shares of Titan Machinery by 189.8% during the third quarter. Quarry LP now owns 1,536 shares of the company’s stock valued at $26,000 after buying an additional 1,006 shares during the period. New York State Teachers Retirement System bought a new stake in Titan Machinery during the 3rd quarter worth approximately $32,000. Tower Research Capital LLC TRC increased its holdings 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 worth $52,000 after acquiring an additional 2,043 shares during the period. BNP Paribas Financial Markets lifted its stake in Titan Machinery by 94.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,032 shares of the company’s stock worth $67,000 after purchasing an additional 1,957 shares in the last quarter. Finally, State of Wyoming bought a new position in Titan Machinery in the 1st quarter valued at $109,000. Institutional investors own 78.38% of the company’s stock.

Titan Machinery Price Performance

Titan Machinery stock opened at $15.92 on Thursday. The business’s 50 day simple moving average is $16.25 and its 200 day simple moving average is $18.21. Titan Machinery has a 12 month low of $12.50 and a 12 month high of $23.41. The company has a market cap of $372.05 million, a price-to-earnings ratio of -5.85 and a beta of 1.25. The company has a current ratio of 1.36, a quick ratio of 0.24 and a debt-to-equity ratio of 0.32.

Titan Machinery (NASDAQ:TITN) last released its earnings results on Tuesday, November 25th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business 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.

About Titan Machinery

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.