Titan Machinery Inc. (NASDAQ:TITN) Receives $22.25 Consensus PT from Analysts

Shares of Titan Machinery Inc. (NASDAQ:TITN) have been given a consensus recommendation of “Moderate Buy” by the seven research firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $22.25.

A number of brokerages recently commented on TITN. Wall Street Zen downgraded shares of Titan Machinery from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Titan Machinery in a research report on Wednesday, October 8th.

Titan Machinery Stock Performance

Titan Machinery stock opened at $16.42 on Wednesday. The firm’s 50 day simple moving average is $17.58 and its 200-day simple moving average is $18.77. The company has a market cap of $383.78 million, a P/E ratio of -6.08 and a beta of 1.27. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.31 and a quick ratio of 0.18. Titan Machinery has a fifty-two week low of $12.50 and a fifty-two week high of $23.41.

Titan Machinery (NASDAQ:TITN) last announced its quarterly earnings data on Thursday, August 28th. The company reported ($0.26) EPS for the quarter, beating analysts’ consensus estimates of ($0.56) by $0.30. Titan Machinery had a negative net margin of 2.37% and a negative return on equity of 9.99%. The firm had revenue of $546.43 million for the quarter, compared to the consensus estimate of $503.80 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 the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Titan Machinery by 109.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,817,108 shares of the company’s stock valued at $30,964,000 after acquiring an additional 948,707 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Titan Machinery by 6.2% in the first quarter. Bank of New York Mellon Corp now owns 79,738 shares of the company’s stock valued at $1,359,000 after acquiring an additional 4,636 shares during the last quarter. EntryPoint Capital LLC acquired a new stake in Titan Machinery in the first quarter valued at approximately $339,000. New York State Common Retirement Fund lifted its stake in Titan Machinery by 42.8% in the first quarter. New York State Common Retirement Fund now owns 4,674 shares of the company’s stock valued at $80,000 after acquiring an additional 1,400 shares during the last quarter. Finally, Trexquant Investment LP lifted its stake in Titan Machinery by 87.0% in the first quarter. Trexquant Investment LP now owns 60,936 shares of the company’s stock valued at $1,038,000 after acquiring an additional 28,345 shares during the last quarter. 78.38% of the stock is owned by hedge funds and other institutional investors.

Titan Machinery Company Profile

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.