Northland Securities Predicts Titan Machinery Q1 Earnings

Titan Machinery Inc. (NASDAQ:TITNFree Report) – Equities research analysts at Northland Securities issued their Q1 2028 earnings estimates for Titan Machinery in a research report issued to clients and investors on Monday, June 15th. Northland Securities analyst T. Jackson anticipates that the company will earn ($0.60) per share for the quarter. The consensus estimate for Titan Machinery’s current full-year earnings is ($1.50) per share. Northland Securities also issued estimates for Titan Machinery’s Q2 2028 earnings at ($0.21) EPS, Q3 2028 earnings at $0.32 EPS and Q4 2028 earnings at ($0.32) EPS.

Several other research firms also recently weighed in on TITN. Robert W. Baird reduced their price objective on shares of Titan Machinery from $21.00 to $17.00 and set a “neutral” rating for the company in a report on Friday, March 20th. Wall Street Zen raised shares of Titan Machinery from a “sell” rating to a “hold” rating in a report on Saturday, June 6th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $17.00.

View Our Latest Report on Titan Machinery

Titan Machinery Stock Performance

TITN stock opened at $19.91 on Tuesday. The company has a market capitalization of $463.90 million, a P/E ratio of -8.47 and a beta of 1.38. The company has a 50-day simple moving average of $20.48 and a 200 day simple moving average of $18.24. Titan Machinery has a fifty-two week low of $13.21 and a fifty-two week high of $25.00. The company has a quick ratio of 0.22, a current ratio of 1.38 and a debt-to-equity ratio of 0.34.

Titan Machinery (NASDAQ:TITNGet Free Report) last posted its quarterly earnings data on Tuesday, June 9th. The company reported ($0.55) earnings per share for the quarter, topping the consensus estimate of ($0.60) by $0.05. The business had revenue of $522.38 million during the quarter, compared to the consensus estimate of $485.61 million. Titan Machinery had a negative net margin of 2.28% and a negative return on equity of 8.44%. During the same quarter in the prior year, the company posted ($0.58) earnings per share. Titan Machinery has set its FY 2027 guidance at -1.750–1.250 EPS.

Institutional Investors Weigh In On Titan Machinery

A number of institutional investors and hedge funds have recently bought and sold shares of the business. State of Wyoming lifted its holdings in Titan Machinery by 3.0% in the 1st quarter. State of Wyoming now owns 24,568 shares of the company’s stock valued at $411,000 after acquiring an additional 715 shares during the last quarter. Graham Capital Management L.P. lifted its holdings in Titan Machinery by 8.1% in the 4th quarter. Graham Capital Management L.P. now owns 11,640 shares of the company’s stock valued at $175,000 after acquiring an additional 869 shares during the last quarter. Gabelli Funds LLC lifted its holdings in Titan Machinery by 1.1% in the 2nd quarter. Gabelli Funds LLC now owns 95,500 shares of the company’s stock valued at $1,892,000 after acquiring an additional 1,000 shares during the last quarter. Quarry LP lifted its holdings in Titan Machinery by 189.8% in the 3rd quarter. Quarry LP now owns 1,536 shares of the company’s stock valued at $26,000 after acquiring an additional 1,006 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in Titan Machinery by 14.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 8,341 shares of the company’s stock valued at $140,000 after acquiring an additional 1,063 shares during the last quarter. 78.38% of the stock is owned by institutional investors and hedge funds.

About Titan Machinery

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Titan Machinery (NASDAQ:TITN)

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