Titan Machinery (NASDAQ:TITN) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Titan Machinery Inc. (NASDAQ:TITN) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $17.35 and traded as high as $17.87. Titan Machinery shares last traded at $17.24, with a volume of 179,224 shares.

Analyst Ratings Changes

A number of brokerages recently issued reports on TITN. Robert W. Baird reissued a “neutral” rating and issued a $21.00 target price (down from $24.00) on shares of Titan Machinery in a research report on Monday, December 1st. Weiss Ratings reiterated a “sell (d)” rating on shares of Titan Machinery in a research note on Thursday, January 22nd. Finally, Wall Street Zen upgraded shares of Titan Machinery from a “sell” rating to a “hold” rating in a research report on Saturday, December 6th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Titan Machinery presently has a consensus rating of “Hold” and a consensus target price of $21.50.

Titan Machinery Stock Up 2.1%

The company has a market capitalization of $402.90 million, a PE ratio of -6.34 and a beta of 1.28. The company has a current ratio of 1.36, a quick ratio of 0.24 and a debt-to-equity ratio of 0.32. The firm has a 50 day simple moving average of $16.25 and a two-hundred day simple moving average of $17.35.

Titan Machinery (NASDAQ:TITN) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.05 earnings per share 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 the consensus estimate 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 Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Quarry LP increased its position in Titan Machinery by 189.8% during the 3rd quarter. Quarry LP now owns 1,536 shares of the company’s stock worth $26,000 after purchasing 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 third quarter valued at approximately $32,000. Tower Research Capital LLC TRC grew its holdings 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 worth $52,000 after acquiring an additional 2,043 shares during the period. BNP Paribas Financial Markets raised its position in Titan Machinery by 94.3% in the third quarter. BNP Paribas Financial Markets now owns 4,032 shares of the company’s stock worth $67,000 after acquiring an additional 1,957 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new position in Titan Machinery in the fourth quarter worth $101,000. 78.38% of the stock is owned by hedge funds and other institutional investors.

About Titan Machinery

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.