Titan Machinery (NASDAQ:TITN – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of -2.000–1.250 for the period, compared to the consensus estimate of -1.800. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the company. Northland Capmk raised Titan Machinery from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 11th. Robert W. Baird cut their price objective on shares of Titan Machinery from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Friday, March 21st. B. Riley initiated coverage on shares of Titan Machinery in a report on Thursday, March 27th. They set a “neutral” rating and a $19.00 target price on the stock. Baird R W upgraded shares of Titan Machinery from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. Finally, Northland Securities raised shares of Titan Machinery from a “market perform” rating to an “outperform” rating and set a $25.00 price target for the company in a research note on Friday, April 11th. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Titan Machinery currently has a consensus rating of “Moderate Buy” and an average price target of $19.80.
Read Our Latest Stock Report on TITN
Titan Machinery Stock Performance
Insider Buying and Selling at Titan Machinery
In other news, Chairman David Joseph Meyer acquired 3,000 shares of the firm’s 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 completion of the transaction, the chairman now owns 138,388 shares of the company’s stock, valued at $2,333,221.68. The trade was a 2.22% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders bought 26,182 shares of company stock valued at $439,661 in the last quarter. Company insiders own 10.28% of the company’s stock.
Institutional Trading of Titan Machinery
A hedge fund recently raised its stake in Titan Machinery stock. Royal Bank of Canada grew its holdings in Titan Machinery Inc. (NASDAQ:TITN – Free Report) by 8.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 66,882 shares of the company’s stock after buying an additional 4,988 shares during the quarter. Royal Bank of Canada owned approximately 0.29% of Titan Machinery worth $1,140,000 at the end of the most recent quarter. Institutional investors own 78.38% of the company’s stock.
About Titan Machinery
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.
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