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

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

Several research firms recently weighed in on TITN. Wall Street Zen lowered Titan Machinery from a “hold” rating to a “sell” rating in a report on Saturday, November 1st. Weiss Ratings reiterated a “sell (d)” rating on shares of Titan Machinery in a research report on Wednesday, October 8th.

Titan Machinery Stock Performance

NASDAQ TITN opened at $19.49 on Friday. The company has a quick ratio of 0.18, a current ratio of 1.31 and a debt-to-equity ratio of 0.32. Titan Machinery has a twelve month low of $12.50 and a twelve month high of $23.41. The business has a 50-day moving average price of $16.38 and a 200-day moving average price of $18.65. The firm has a market cap of $455.54 million, a price-to-earnings ratio of -7.22 and a beta of 1.33.

Titan Machinery (NASDAQ:TITN) last announced its quarterly earnings results on Tuesday, November 25th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.36) by $0.41. Titan Machinery had a negative net margin of 2.37% and a negative return on equity of 9.99%. The business had revenue of $644.51 million for the quarter, compared to analysts’ expectations of $599.17 million. Titan Machinery has set its FY 2026 guidance at -2.000–1.500 EPS.

Hedge Funds Weigh In On Titan Machinery

A number of institutional investors have recently modified their holdings of the stock. Quarry LP lifted its stake in Titan Machinery by 189.8% in the third quarter. Quarry LP now owns 1,536 shares of the company’s stock worth $26,000 after acquiring an additional 1,006 shares during the period. New York State Teachers Retirement System purchased a new stake in shares of Titan Machinery in the 3rd quarter worth approximately $32,000. Tower Research Capital LLC TRC lifted its position in shares of Titan Machinery by 352.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,623 shares of the company’s stock worth $52,000 after purchasing an additional 2,043 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of Titan Machinery by 94.3% during the third quarter. BNP Paribas Financial Markets now owns 4,032 shares of the company’s stock valued at $67,000 after purchasing an additional 1,957 shares in the last quarter. Finally, New York State Common Retirement Fund increased its holdings in Titan Machinery by 42.8% during the first quarter. New York State Common Retirement Fund now owns 4,674 shares of the company’s stock valued at $80,000 after buying an additional 1,400 shares during the period. 78.38% of the stock is owned by hedge funds and other institutional investors.

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.