Q3 EPS Estimates for Titan Machinery Boosted by Analyst

Titan Machinery Inc. (NASDAQ:TITN) – Research analysts at Northland Securities lifted their Q3 2028 earnings estimates for shares of Titan Machinery in a research report issued to clients and investors on Wednesday, September 2nd. Northland Securities analyst T. Jackson now expects that the company will earn $0.36 per share for the quarter, up from their previous forecast of $0.32. The consensus estimate for Titan Machinery’s current full-year earnings is ($1.63) per share.

TITN has been the topic of several other reports. Weiss Ratings restated a “sell (d-)” rating on shares of Titan Machinery in a report on Monday, June 29th. Robert W. Baird set a $29.00 price objective on Titan Machinery and gave the company an “outperform” rating in a report on Monday. Finally, Wall Street Zen lowered Titan Machinery from a “hold” rating to a “sell” rating in a report on Saturday, August 29th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Titan Machinery has an average rating of “Hold” and an average price target of $29.00.

Titan Machinery Trading Up 13.9%

Shares of NASDAQ:TITN opened at $23.39 on Thursday. The company has a current ratio of 1.38, a quick ratio of 0.22 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $544.99 million, a PE ratio of -9.39 and a beta of 1.43. Titan Machinery has a 1 year low of $13.21 and a 1 year high of $25.00. The firm has a fifty day moving average price of $19.04 and a 200 day moving average price of $19.31.

Titan Machinery (NASDAQ:TITN) last released its quarterly earnings results on Thursday, August 27th. The company reported ($0.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.36) by ($0.04). Titan Machinery had a negative net margin of 2.46% and a negative return on equity of 9.06%. The business had revenue of $496.38 million for the quarter, compared to the consensus estimate of $483.78 million. Titan Machinery has set its FY 2027 guidance at -1.750–1.250 EPS.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Quarry LP lifted its position in Titan Machinery by 189.8% during the 3rd 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. Legal & General Group Plc acquired a new stake in shares of Titan Machinery in the second quarter valued at about $45,000. Tower Research Capital LLC TRC grew its position 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 stake 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 worth $67,000 after purchasing an additional 1,957 shares during the period. Finally, California State Teachers Retirement System increased its stake in shares of Titan Machinery by 441.4% in the second quarter. California State Teachers Retirement System now owns 6,188 shares of the company’s stock worth $131,000 after purchasing an additional 5,045 shares during the period. Institutional investors own 78.38% of the company’s stock.

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.