Titan Machinery (NASDAQ:TITN) Releases FY 2027 Earnings Guidance

Titan Machinery (NASDAQ:TITN) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share guidance of -1.750–1.250 for the period, compared to the consensus estimate of -1.460. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on TITN shares. Wall Street Zen raised shares of Titan Machinery from a “sell” rating to a “hold” rating in a research note on Saturday, June 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Titan Machinery in a research note on Monday, June 29th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $17.00.

Titan Machinery Trading Down 1.7%

TITN opened at $18.81 on Thursday. Titan Machinery has a 1-year low of $13.21 and a 1-year high of $25.00. The company has a market cap of $438.27 million, a P/E ratio of -8.00 and a beta of 1.41. The company has a fifty day moving average price of $19.09 and a two-hundred day moving average price of $19.27. The company has a current ratio of 1.38, a quick ratio of 0.22 and a debt-to-equity ratio of 0.34.

Titan Machinery (NASDAQ:TITN) last announced its quarterly earnings results on Thursday, August 27th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.36) by ($0.04). Titan Machinery had a negative return on equity of 8.44% and a negative net margin of 2.28%.The firm had revenue of $496.38 million during 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. Analysts predict that Titan Machinery will post -1.5 EPS for the current fiscal year.

Institutional Investors Weigh In On Titan Machinery

Institutional investors and hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Titan Machinery by 1.3% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,817,554 shares of the company’s stock valued at $30,426,000 after purchasing an additional 23,272 shares during the last quarter. Nantahala Capital Management LLC lifted its holdings in shares of Titan Machinery by 11.3% in the fourth quarter. Nantahala Capital Management LLC now owns 1,220,520 shares of the company’s stock valued at $18,357,000 after purchasing an additional 124,288 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Titan Machinery by 4.1% in the third quarter. Vanguard Group Inc. now owns 1,214,954 shares of the company’s stock valued at $20,338,000 after purchasing an additional 48,343 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Titan Machinery by 26.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 561,602 shares of the company’s stock valued at $8,446,000 after buying an additional 117,138 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Titan Machinery by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 502,976 shares of the company’s stock valued at $7,566,000 after buying an additional 1,728 shares during the last quarter. 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.