Titan Machinery Inc. (NASDAQ:TITN) Given Average Rating of “Hold” by Analysts

Shares of Titan Machinery Inc. (NASDAQ:TITN) have earned an average rating of “Hold” from the five brokerages that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $21.50.

Several research analysts recently issued reports 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 reiterated a “neutral” rating and issued a $21.00 target price (down from $24.00) on shares of Titan Machinery in a report on Monday, December 1st. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Titan Machinery in a research report on Thursday, January 22nd.

Titan Machinery Stock Up 1.6%

Shares of NASDAQ TITN opened at $18.99 on Friday. 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 company has a market cap of $443.80 million, a price-to-earnings ratio of -6.98 and a beta of 1.28. Titan Machinery has a 12 month low of $12.50 and a 12 month high of $23.41. The stock has a 50-day moving average price of $16.30 and a two-hundred day moving average price of $17.30.

Titan Machinery (NASDAQ:TITN) last posted its quarterly earnings results on Tuesday, November 25th. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.41. Titan Machinery had a negative net margin of 2.43% and a negative return on equity of 10.30%. The company had revenue of $644.51 million for the quarter, compared to the consensus estimate of $599.17 million. Titan Machinery has set its FY 2026 guidance at -2.000–1.500 EPS.

Institutional Trading of Titan Machinery

A number of institutional investors have recently bought and sold shares of TITN. Stephens Investment Management Group LLC acquired a new position in shares of Titan Machinery during the second quarter valued at about $7,606,000. American Century Companies Inc. boosted its stake in Titan Machinery by 26.6% during the 2nd quarter. American Century Companies Inc. now owns 1,571,648 shares of the company’s stock valued at $31,134,000 after purchasing an additional 330,436 shares during the last quarter. Next Century Growth Investors LLC acquired a new position in Titan Machinery during the 2nd quarter valued at about $4,755,000. Millennium Management LLC increased its holdings in Titan Machinery by 1,847.9% during the 3rd quarter. Millennium Management LLC now owns 242,805 shares of the company’s stock worth $4,065,000 after purchasing an additional 230,340 shares in the last quarter. Finally, CenterBook Partners LP raised its stake in shares of Titan Machinery by 199.8% in the second quarter. CenterBook Partners LP now owns 216,054 shares of the company’s stock worth $4,280,000 after purchasing an additional 143,979 shares during the last quarter. Institutional investors own 78.38% of the company’s stock.

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.