Titan Machinery Inc. (NASDAQ:TITN) Receives Average Rating of “Hold” from Brokerages

Titan Machinery Inc. (NASDAQ:TITN) has earned a consensus recommendation of “Hold” from the seven brokerages that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $21.50.

Several research analysts have recently commented on TITN shares. Wall Street Zen raised Titan Machinery from a “sell” rating to a “hold” rating in a research report on Saturday, December 6th. Robert W. Baird restated a “neutral” rating and set a $21.00 target price (down previously from $24.00) on shares of Titan Machinery in a research note on Monday, December 1st. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Titan Machinery in a report on Wednesday, October 8th. Finally, Baird R W lowered shares of Titan Machinery from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st.

Titan Machinery Trading Up 0.8%

Shares of Titan Machinery stock opened at $16.31 on Monday. Titan Machinery has a 1-year low of $12.50 and a 1-year high of $23.41. The company’s fifty day simple moving average is $16.16 and its 200-day simple moving average is $17.81. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.36 and a quick ratio of 0.24. The stock has a market capitalization of $381.16 million, a PE ratio of -6.00 and a beta of 1.26.

Titan Machinery (NASDAQ:TITN) last posted its quarterly earnings data on Tuesday, November 25th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.36) by $0.41. The firm had revenue of $644.51 million during the quarter, compared to analyst estimates of $599.17 million. Titan Machinery had a negative return on equity of 10.30% 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

A number of institutional investors have recently bought and sold shares of the business. Quarry LP lifted its position in shares of Titan Machinery by 189.8% in the third quarter. Quarry LP now owns 1,536 shares of the company’s stock valued at $26,000 after acquiring an additional 1,006 shares in the last quarter. New York State Teachers Retirement System purchased a new position in Titan Machinery during the third quarter valued at $32,000. Tower Research Capital LLC TRC grew its stake in Titan Machinery by 352.2% during the second quarter. Tower Research Capital LLC TRC now owns 2,623 shares of the company’s stock valued at $52,000 after acquiring an additional 2,043 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in Titan Machinery by 94.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,032 shares of the company’s stock valued at $67,000 after acquiring an additional 1,957 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Titan Machinery in the 4th quarter worth $101,000. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Titan Machinery Company Profile

Titan Machinery, Inc is a leading full-service dealer specializing in the sale, rental, and servicing of agricultural and construction equipment. The company represents major brands such as Caterpillar, Case IH and New Holland, offering new and pre-owned tractors, combines, excavators, loaders and other heavy machinery. In addition to equipment sales, Titan provides parts distribution, preventative maintenance and field service support to help customers maximize uptime and productivity.

Beyond equipment transactions, Titan Machinery offers a comprehensive suite of support services.