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

Titan Machinery (NASDAQ:TITN) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of -1.750–1.250 for the period, compared to the consensus earnings per share estimate of -1.260. The company issued revenue guidance of -.

Titan Machinery Stock Performance

NASDAQ:TITN opened at $23.85 on Tuesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.41 and a quick ratio of 0.24. The firm has a 50-day moving average of $20.16 and a two-hundred day moving average of $18.11. The stock has a market cap of $555.94 million, a P/E ratio of -10.02 and a beta of 1.38. Titan Machinery has a 1-year low of $13.21 and a 1-year high of $25.00.

Titan Machinery (NASDAQ:TITN) last posted its quarterly earnings data on Tuesday, June 9th. The company reported ($0.55) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.05. The company had revenue of $522.38 million during the quarter, compared to analysts’ expectations of $485.61 million. Titan Machinery had a negative net margin of 2.23% and a negative return on equity of 8.40%. During the same period in the prior year, the company posted ($0.58) EPS. Titan Machinery has set its FY 2027 guidance at -1.750–1.250 EPS. On average, research analysts expect that Titan Machinery will post -1.7 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on TITN shares. Wall Street Zen raised shares of Titan Machinery from a “sell” rating to a “hold” rating in a research report on Saturday. Robert W. Baird cut their target price on shares of Titan Machinery from $21.00 to $17.00 and set a “neutral” rating on the stock in a research note on Friday, March 20th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $17.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD grew its position in Titan Machinery by 8.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 22,364 shares of the company’s stock worth $337,000 after purchasing an additional 1,705 shares during the last quarter. Marshall Wace LLP bought a new position in Titan Machinery in the 4th quarter worth about $264,000. Brevan Howard Capital Management LP bought a new position in Titan Machinery in the 3rd quarter worth about $265,000. Algert Global LLC bought a new position in Titan Machinery in the 3rd quarter worth about $274,000. Finally, Two Sigma Investments LP grew its position in Titan Machinery by 41.0% in the 3rd quarter. Two Sigma Investments LP now owns 15,497 shares of the company’s stock worth $259,000 after purchasing an additional 4,510 shares during the last quarter. 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.