Titan Machinery (NASDAQ:TITN) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Titan Machinery (NASDAQ:TITN) from a sell rating to a hold rating in a report released on Saturday.

Several other equities analysts have also recently weighed in on the company. B. Riley boosted their price objective on Titan Machinery from $19.00 to $22.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 27th. Lake Street Capital restated a “hold” rating and set a $18.00 price target (up from $15.00) on shares of Titan Machinery in a research note on Friday, May 23rd. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $22.25.

Titan Machinery Price Performance

NASDAQ TITN opened at $20.00 on Friday. Titan Machinery has a twelve month low of $12.50 and a twelve month high of $23.41. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.18 and a current ratio of 1.33. The stock has a market capitalization of $461.60 million, a PE ratio of -7.41 and a beta of 1.30. The stock has a 50-day simple moving average of $19.90 and a 200 day simple moving average of $18.39.

Titan Machinery (NASDAQ:TITN) last posted its quarterly earnings data on Thursday, August 28th. The company reported ($0.26) earnings per share for the quarter, topping the consensus estimate of ($0.56) by $0.30. Titan Machinery had a negative return on equity of 9.91% and a negative net margin of 2.37%.The business had revenue of $546.43 million during the quarter, compared to analysts’ expectations of $503.80 million. Titan Machinery has set its FY 2026 guidance at -2.000–1.500 EPS.

Institutional Investors Weigh In On Titan Machinery

Large investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC grew its stake in shares of Titan Machinery by 352.2% in the 2nd 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 period. New York State Common Retirement Fund grew its stake in shares of Titan Machinery by 42.8% in the 1st quarter. New York State Common Retirement Fund now owns 4,674 shares of the company’s stock valued at $80,000 after purchasing an additional 1,400 shares during the period. State of Wyoming bought a new stake in shares of Titan Machinery in the 1st quarter valued at approximately $109,000. GAMMA Investing LLC grew its position in Titan Machinery by 6,432.3% during the 1st quarter. GAMMA Investing LLC now owns 12,150 shares of the company’s stock worth $207,000 after acquiring an additional 11,964 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in Titan Machinery by 29.3% during the 4th quarter. Wells Fargo & Company MN now owns 12,397 shares of the company’s stock worth $175,000 after acquiring an additional 2,808 shares during the last quarter. 78.38% of the stock is currently owned by institutional investors.

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.