Titan Machinery Inc. (NASDAQ:TITN) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Titan Machinery Inc. (NASDAQ:TITN) have received a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $22.25.

TITN has been the subject of several recent research reports. Weiss Ratings reissued a “sell (d)” rating on shares of Titan Machinery in a report on Saturday, September 27th. Wall Street Zen raised Titan Machinery from a “sell” rating to a “hold” rating in a research note on Friday, September 26th.

Institutional Trading of Titan Machinery

Institutional investors and hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC increased its stake in shares of Titan Machinery by 6,432.3% in the 1st quarter. GAMMA Investing LLC now owns 12,150 shares of the company’s stock valued at $207,000 after acquiring an additional 11,964 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Titan Machinery by 6.2% in the 1st quarter. Bank of New York Mellon Corp now owns 79,738 shares of the company’s stock valued at $1,359,000 after acquiring an additional 4,636 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Titan Machinery by 109.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,817,108 shares of the company’s stock valued at $30,964,000 after acquiring an additional 948,707 shares during the last quarter. EntryPoint Capital LLC bought a new stake in shares of Titan Machinery in the 1st quarter valued at about $339,000. Finally, New York State Common Retirement Fund increased its stake in Titan Machinery by 42.8% during the 1st quarter. New York State Common Retirement Fund now owns 4,674 shares of the company’s stock worth $80,000 after purchasing an additional 1,400 shares in the last quarter. 78.38% of the stock is owned by institutional investors.

Titan Machinery Stock Performance

Shares of NASDAQ:TITN opened at $16.57 on Friday. The stock has a market capitalization of $387.29 million, a P/E ratio of -6.14 and a beta of 1.27. Titan Machinery has a 1-year low of $12.50 and a 1-year high of $23.41. The company has a current ratio of 1.31, a quick ratio of 0.18 and a debt-to-equity ratio of 0.32. The business has a 50-day moving average price of $19.19 and a two-hundred day moving average price of $18.76.

Titan Machinery (NASDAQ:TITN) last announced its quarterly earnings data on Thursday, August 28th. The company reported ($0.26) earnings per share for the quarter, topping the consensus estimate of ($0.56) by $0.30. The firm had revenue of $546.43 million during the quarter, compared to analysts’ expectations of $503.80 million. Titan Machinery had a negative return on equity of 9.99% and a negative net margin of 2.37%. Titan Machinery has set its FY 2026 guidance at -2.000–1.500 EPS.

About Titan Machinery

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.