Brokers Set Expectations for Titan Machinery Q3 Earnings

Titan Machinery Inc. (NASDAQ:TITN - Free Report) - Stock analysts at Northland Capmk issued their Q3 2026 earnings estimates for Titan Machinery in a research note issued on Friday, May 23rd. Northland Capmk analyst E. Jackson expects that the company will post earnings per share of ($0.26) for the quarter. Northland Capmk currently has a "Strong-Buy" rating on the stock. Northland Capmk also issued estimates for Titan Machinery's FY2030 earnings at $0.22 EPS.

A number of other equities analysts have also weighed in on TITN. Northland Securities upgraded shares of Titan Machinery from a "market perform" rating to an "outperform" rating and set a $25.00 price objective for the company in a report on Friday, April 11th. Robert W. Baird dropped their price objective on Titan Machinery from $25.00 to $24.00 and set an "outperform" rating on the stock in a research report on Friday, March 21st. B. Riley boosted their target price on Titan Machinery from $19.00 to $22.00 and gave the stock a "neutral" rating in a research report on Tuesday. Finally, Lake Street Capital reaffirmed a "hold" rating and set a $18.00 price target (up previously from $15.00) on shares of Titan Machinery in a report on Friday, May 23rd. Two analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $21.00.

Titan Machinery Stock Down 0.1%

Shares of TITN traded down $0.02 during mid-day trading on Monday, reaching $19.72. The company had a trading volume of 12,228 shares, compared to its average volume of 261,373. The firm has a 50-day moving average price of $17.72 and a 200 day moving average price of $16.40. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.15 and a current ratio of 1.32. The company has a market capitalization of $455.26 million, a price-to-earnings ratio of 14.72 and a beta of 1.35. Titan Machinery has a 52 week low of $12.30 and a 52 week high of $23.41.

Titan Machinery (NASDAQ:TITN - Get Free Report) last announced its earnings results on Thursday, May 22nd. The company reported ($0.58) EPS for the quarter, beating analysts' consensus estimates of ($0.79) by $0.21. Titan Machinery had a return on equity of 5.91% and a net margin of 1.10%. The company had revenue of $594.34 million during the quarter, compared to the consensus estimate of $445.76 million.

Insider Buying and Selling

In other Titan Machinery news, Chairman David Joseph Meyer bought 3,000 shares of the business's stock in a transaction that occurred on Monday, March 24th. The stock was purchased at an average cost of $16.86 per share, with a total value of $50,580.00. Following the completion of the acquisition, the chairman now owns 138,388 shares in the company, valued at $2,333,221.68. This trade represents a 2.22% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders bought 26,182 shares of company stock valued at $439,661. 10.28% of the stock is owned by corporate insiders.

Institutional Trading of Titan Machinery

Several hedge funds have recently made changes to their positions in TITN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Titan Machinery by 109.2% during 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 purchasing an additional 948,707 shares during the last quarter. Bessemer Group Inc. bought a new stake in shares of Titan Machinery in the 1st quarter worth about $10,716,000. Voss Capital LP boosted its stake in shares of Titan Machinery by 141.7% during the 4th quarter. Voss Capital LP now owns 684,459 shares of the company's stock worth $9,671,000 after purchasing an additional 401,302 shares during the period. Royce & Associates LP grew its holdings in Titan Machinery by 500.2% during the 1st quarter. Royce & Associates LP now owns 452,570 shares of the company's stock valued at $7,712,000 after purchasing an additional 377,170 shares during the last quarter. Finally, Driehaus Capital Management LLC bought a new position in Titan Machinery during the 1st quarter valued at about $4,969,000. 78.38% of the stock is currently owned by hedge funds and other institutional investors.

Titan Machinery Company Profile

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.