Titan Machinery Inc. (NASDAQ:TITN) Given Average Recommendation of “Hold” by Analysts

Shares of Titan Machinery Inc. (NASDAQ:TITN) have been given an average rating of “Hold” by the seven research firms that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $21.50.

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

Titan Machinery Trading Down 0.5%

NASDAQ TITN opened at $16.46 on Monday. The company has a quick ratio of 0.24, a current ratio of 1.36 and a debt-to-equity ratio of 0.32. The stock’s 50-day simple moving average is $16.17 and its two-hundred day simple moving average is $17.68. Titan Machinery has a twelve month low of $12.50 and a twelve month high of $23.41. The company has a market capitalization of $384.67 million, a price-to-earnings ratio of -6.05 and a beta of 1.26.

Titan Machinery (NASDAQ:TITN) last issued its earnings results on Tuesday, November 25th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.41. Titan Machinery had a negative net margin of 2.43% and a negative return on equity of 10.30%. The company had revenue of $644.51 million for the quarter, compared to analysts’ expectations of $599.17 million. Titan Machinery has set its FY 2026 guidance at -2.000–1.500 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TITN. Quarry LP grew its stake in shares of Titan Machinery by 189.8% in the third 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. New York State Teachers Retirement System bought a new position in Titan Machinery in the 3rd quarter worth about $32,000. Tower Research Capital LLC TRC grew its position 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 valued at $52,000 after purchasing an additional 2,043 shares during the last quarter. BNP Paribas Financial Markets grew its position in Titan Machinery by 94.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,032 shares of the company’s stock valued at $67,000 after purchasing an additional 1,957 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in Titan Machinery during the 4th quarter valued at about $101,000. 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.