Titan Machinery Inc. (NASDAQ:TITN) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Titan Machinery Inc. (NASDAQ:TITN) have received an average recommendation of “Moderate Buy” from the seven research firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, two have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $22.25.

A number of brokerages have recently issued reports on TITN. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Titan Machinery in a report on Wednesday, October 8th. Wall Street Zen lowered Titan Machinery from a “hold” rating to a “sell” rating in a research report on Saturday, November 1st.

Institutional Investors Weigh In On Titan Machinery

A number of large investors have recently added to or reduced their stakes in TITN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Titan Machinery by 109.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,817,108 shares of the company’s stock valued at $30,964,000 after buying an additional 948,707 shares during the last quarter. Stephens Investment Management Group LLC purchased a new stake in Titan Machinery during the second quarter valued at $7,606,000. Royce & Associates LP lifted its holdings in Titan Machinery by 500.2% in the first quarter. Royce & Associates LP now owns 452,570 shares of the company’s stock valued at $7,712,000 after acquiring an additional 377,170 shares during the period. American Century Companies Inc. boosted its position in Titan Machinery by 26.6% in the second quarter. American Century Companies Inc. now owns 1,571,648 shares of the company’s stock worth $31,134,000 after purchasing an additional 330,436 shares during the last quarter. Finally, Driehaus Capital Management LLC bought a new stake in shares of Titan Machinery during the 1st quarter valued at about $4,969,000. Institutional investors own 78.38% of the company’s stock.

Titan Machinery Stock Up 5.4%

Shares of Titan Machinery stock opened at $15.75 on Friday. The company has a 50-day simple moving average of $16.44 and a two-hundred day simple moving average of $18.65. The stock has a market capitalization of $368.12 million, a PE ratio of -5.83 and a beta of 1.33. Titan Machinery has a 52-week low of $12.50 and a 52-week high of $23.41. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.18 and a current ratio of 1.31.

Titan Machinery (NASDAQ:TITN) last announced its quarterly earnings results on Thursday, August 28th. The company reported ($0.26) earnings per share for the quarter, beating the consensus estimate of ($0.56) by $0.30. The company had revenue of $546.43 million during the quarter, compared to the consensus estimate of $503.80 million. Titan Machinery had a negative net margin of 2.37% and a negative return on equity of 9.99%. Titan Machinery has set its FY 2026 guidance at -2.000–1.500 EPS.

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.