Titan Machinery Inc. (NASDAQ:TITN) Receives Consensus Rating of “Hold” from Brokerages

Titan Machinery Inc. (NASDAQ:TITNGet Free Report) has been assigned an average rating of “Hold” from the five analysts that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $21.50.

TITN has been the subject of a number of research analyst reports. Wall Street Zen raised Titan Machinery from a “sell” rating to a “hold” rating in a research report on Saturday, December 6th. Robert W. Baird restated a “neutral” rating and issued a $21.00 price objective (down previously from $24.00) on shares of Titan Machinery in a research note on Monday, December 1st. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Titan Machinery in a research note on Thursday, January 22nd.

Check Out Our Latest Stock Report on Titan Machinery

Titan Machinery Stock Performance

Shares of TITN stock opened at $19.03 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.36 and a quick ratio of 0.24. The firm has a 50-day moving average of $16.42 and a 200-day moving average of $17.33. Titan Machinery has a one year low of $12.50 and a one year high of $23.41. The company has a market cap of $444.73 million, a P/E ratio of -7.00 and a beta of 1.28.

Titan Machinery (NASDAQ:TITNGet Free Report) last issued its quarterly earnings data on Tuesday, November 25th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.41. The business had revenue of $644.51 million during the quarter, compared to the consensus estimate of $599.17 million. Titan Machinery had a negative net margin of 2.43% and a negative return on equity of 10.30%. 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 modified their holdings of the stock. Royal Bank of Canada increased its stake in shares of Titan Machinery by 8.1% during the 1st quarter. Royal Bank of Canada now owns 66,882 shares of the company’s stock worth $1,140,000 after purchasing an additional 4,988 shares during the last quarter. Stephens Investment Management Group LLC bought a new position in Titan Machinery during the second quarter valued at $7,606,000. Pullen Investment Management LLC purchased a new stake in Titan Machinery in the second quarter worth $668,000. Boston Partners purchased a new stake in Titan Machinery in the second quarter worth $508,000. Finally, Creative Planning raised its stake in shares of Titan Machinery by 25.9% in the second quarter. Creative Planning now owns 19,124 shares of the company’s stock valued at $379,000 after buying an additional 3,939 shares during the period. 78.38% of the stock is owned by institutional investors.

About Titan Machinery

(Get Free Report)

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.

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Analyst Recommendations for Titan Machinery (NASDAQ:TITN)

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