Q2 EPS Forecast for Titan Machinery Reduced by Analyst

Titan Machinery Inc. (NASDAQ:TITN) – Northland Securities decreased their Q2 2027 EPS estimates for Titan Machinery in a report issued on Monday, June 15th. Northland Securities analyst T. Jackson now anticipates that the company will post earnings per share of ($0.41) for the quarter, down from their prior forecast of ($0.33). The consensus estimate for Titan Machinery’s current full-year earnings is ($1.50) per share. Northland Securities also issued estimates for Titan Machinery’s Q3 2027 earnings at $0.02 EPS, Q4 2027 earnings at ($0.73) EPS, FY2028 earnings at ($0.81) EPS, FY2029 earnings at ($0.52) EPS, FY2030 earnings at ($0.33) EPS and FY2031 earnings at ($0.26) EPS.

Titan Machinery (NASDAQ:TITN) last announced its quarterly earnings data on Tuesday, June 9th. The company reported ($0.55) earnings per share (EPS) for the quarter, beating the consensus estimate 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 2.28% and a negative return on equity of 8.44%. During the same period in the previous year, the company earned ($0.58) EPS. Titan Machinery has set its FY 2027 guidance at -1.750–1.250 EPS.

Several other equities research analysts have also commented on TITN. Wall Street Zen upgraded Titan Machinery from a “sell” rating to a “hold” rating in a research note on Saturday, June 6th. Robert W. Baird decreased their target price on Titan Machinery from $21.00 to $17.00 and set a “neutral” rating for the company in a report on Friday, March 20th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Titan Machinery currently has a consensus rating of “Reduce” and an average target price of $17.00.

Titan Machinery Price Performance

Shares of Titan Machinery stock opened at $19.56 on Wednesday. The business’s fifty day moving average price is $20.52 and its 200 day moving average price is $18.25. Titan Machinery has a twelve month low of $13.21 and a twelve month high of $25.00. 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 $455.79 million, a P/E ratio of -8.32 and a beta of 1.38.

Institutional Investors Weigh In On Titan Machinery

A number of large investors have recently modified their holdings of the stock. Janus Henderson Group PLC boosted its holdings in Titan Machinery by 137.9% in the 1st quarter. Janus Henderson Group PLC now owns 719,639 shares of the company’s stock worth $12,032,000 after acquiring an additional 417,190 shares during the period. Quantinno Capital Management LP raised its stake in shares of Titan Machinery by 13.5% during the first quarter. Quantinno Capital Management LP now owns 43,061 shares of the company’s stock valued at $720,000 after purchasing an additional 5,130 shares during the period. Renaissance Technologies LLC lifted its position in shares of Titan Machinery by 33.5% during the first quarter. Renaissance Technologies LLC now owns 101,797 shares of the company’s stock worth $1,702,000 after purchasing an additional 25,569 shares in the last quarter. State of Wyoming lifted its position in shares of Titan Machinery by 3.0% during the first quarter. State of Wyoming now owns 24,568 shares of the company’s stock worth $411,000 after purchasing an additional 715 shares in the last quarter. Finally, Stephens Investment Management Group LLC boosted its stake in shares of Titan Machinery by 21.6% in the first quarter. Stephens Investment Management Group LLC now owns 680,469 shares of the company’s stock valued at $11,377,000 after purchasing an additional 120,880 shares during the period. Institutional investors and hedge funds 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.