Titan Machinery (TITN) to Release Earnings on Thursday

Titan Machinery (NASDAQ:TITNGet Free Report) will likely be posting its Q1 2026 quarterly earnings results before the market opens on Thursday, May 22nd. Analysts expect Titan Machinery to post earnings of ($0.79) per share and revenue of $445.76 million for the quarter.

Titan Machinery Trading Down 1.1%

NASDAQ:TITN opened at $20.63 on Wednesday. The stock’s 50 day moving average price is $17.09 and its 200 day moving average price is $16.15. Titan Machinery has a 52 week low of $12.30 and a 52 week high of $23.91. The company has a market capitalization of $476.26 million, a P/E ratio of 15.40 and a beta of 1.35. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.15 and a current ratio of 1.32.

Insider Activity at Titan Machinery

In other news, Chairman David Joseph Meyer acquired 3,000 shares of the stock in a transaction on Monday, March 24th. The shares were purchased at an average price of $16.86 per share, for a total transaction of $50,580.00. Following the transaction, the chairman now directly owns 138,388 shares of the company’s stock, valued at approximately $2,333,221.68. This represents a 2.22% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders have acquired 26,182 shares of company stock worth $439,661. Company insiders own 10.28% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Titan Machinery stock. Royal Bank of Canada grew its position in shares of Titan Machinery Inc. (NASDAQ:TITNFree Report) by 8.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 66,882 shares of the company’s stock after purchasing an additional 4,988 shares during the quarter. Royal Bank of Canada owned approximately 0.29% of Titan Machinery worth $1,140,000 as of its most recent SEC filing. 78.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on TITN shares. Baird R W raised Titan Machinery from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. Northland Securities upgraded Titan Machinery from a “market perform” rating to an “outperform” rating and set a $25.00 price objective for the company in a research report on Friday, April 11th. Northland Capmk upgraded shares of Titan Machinery from a “hold” rating to a “strong-buy” rating in a report on Friday, April 11th. B. Riley began coverage on Titan Machinery in a research report on Thursday, March 27th. They issued a “neutral” rating and a $19.00 price objective for the company. Finally, Robert W. Baird cut their target price on Titan Machinery from $25.00 to $24.00 and set an “outperform” rating on the stock in a research note on Friday, March 21st. One research analyst has rated the stock with a sell rating, two have given a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $19.80.

View Our Latest Analysis on Titan Machinery

Titan Machinery Company Profile

(Get Free Report)

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.

See Also

Earnings History for Titan Machinery (NASDAQ:TITN)

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