Titan Machinery (NASDAQ:TITN) Upgraded at Wall Street Zen

Titan Machinery (NASDAQ:TITN) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

TITN has been the subject of several other research reports. Robert W. Baird reiterated a “neutral” rating and issued a $21.00 price objective (down previously from $24.00) on shares of Titan Machinery in a research report on Monday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Titan Machinery in a research note on Wednesday, October 8th. Finally, Baird R W cut shares of Titan Machinery from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $21.50.

Titan Machinery Price Performance

Shares of NASDAQ:TITN opened at $15.94 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. The company has a market cap of $372.52 million, a P/E ratio of -5.86 and a beta of 1.25. Titan Machinery has a 52 week low of $12.50 and a 52 week high of $23.41. The company has a 50-day moving average price of $16.27 and a 200 day moving average price of $18.47.

Titan Machinery (NASDAQ:TITN) last released its earnings results on Tuesday, November 25th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.36) by $0.41. The company had revenue of $644.51 million for the quarter, compared to analysts’ expectations of $599.17 million. Titan Machinery had a negative return on equity of 10.31% and a negative net margin of 2.43%.Titan Machinery has set its FY 2026 guidance at -2.000–1.500 EPS.

Institutional Investors Weigh In On Titan Machinery

Several hedge funds have recently modified their holdings of TITN. Quarry LP lifted its position in Titan Machinery by 189.8% during the third quarter. Quarry LP now owns 1,536 shares of the company’s stock valued at $26,000 after buying an additional 1,006 shares in the last quarter. New York State Teachers Retirement System purchased a new position in Titan Machinery in the third quarter valued at about $32,000. Tower Research Capital LLC TRC lifted its stake in shares of Titan Machinery by 352.2% during the second 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 in the last quarter. BNP Paribas Financial Markets lifted 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 worth $67,000 after purchasing an additional 1,957 shares in the last quarter. Finally, State of Wyoming purchased a new stake in shares of Titan Machinery in the first quarter worth about $109,000. 78.38% of the stock is owned by institutional investors and hedge funds.

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.