Shares of ServiceTitan Inc. (NASDAQ:TTAN - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the seventeen ratings firms that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation, thirteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $126.8571.
Several brokerages recently issued reports on TTAN. Needham & Company LLC reiterated a "buy" rating and issued a $140.00 price objective on shares of ServiceTitan in a research report on Friday, June 6th. Piper Sandler reaffirmed an "overweight" rating and set a $150.00 price objective (up from $125.00) on shares of ServiceTitan in a research report on Tuesday, July 22nd. KeyCorp set a $140.00 price objective on ServiceTitan and gave the stock an "overweight" rating in a research report on Wednesday, July 16th. Robert W. Baird upped their price objective on ServiceTitan from $106.00 to $124.00 and gave the stock an "outperform" rating in a research report on Wednesday, June 4th. Finally, Stifel Nicolaus upped their price objective on ServiceTitan from $110.00 to $125.00 and gave the stock a "buy" rating in a research report on Friday, May 30th.
Get Our Latest Report on TTAN
ServiceTitan Stock Up 0.9%
Shares of ServiceTitan stock traded up $0.94 during trading on Tuesday, reaching $104.82. 494,367 shares of the company were exchanged, compared to its average volume of 675,655. The company has a quick ratio of 4.82, a current ratio of 4.82 and a debt-to-equity ratio of 0.07. ServiceTitan has a twelve month low of $79.81 and a twelve month high of $131.33. The business has a 50-day moving average price of $109.04 and a 200-day moving average price of $106.70.
ServiceTitan (NASDAQ:TTAN - Get Free Report) last announced its quarterly earnings data on Thursday, June 5th. The company reported $0.18 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.06. The company had revenue of $215.69 million for the quarter, compared to analyst estimates of $208.61 million. The firm's revenue was up 26.6% compared to the same quarter last year. ServiceTitan has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. On average, equities analysts predict that ServiceTitan will post -1.98 earnings per share for the current year.
Insider Transactions at ServiceTitan
In other news, Director William J.G. Griffith sold 90,917 shares of the company's stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $109.99, for a total transaction of $9,999,960.83. Following the completion of the transaction, the director directly owned 483,635 shares of the company's stock, valued at $53,195,013.65. This represents a 15.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Iconiq Strategic Partners V, L sold 52,082 shares of the company's stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $109.99, for a total value of $5,728,499.18. Following the sale, the insider owned 648,606 shares in the company, valued at $71,340,173.94. The trade was a 7.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,546,850 shares of company stock valued at $164,753,189 over the last three months. 51.72% of the stock is currently owned by corporate insiders.
Institutional Trading of ServiceTitan
Several institutional investors and hedge funds have recently bought and sold shares of TTAN. Geode Capital Management LLC bought a new stake in ServiceTitan during the fourth quarter worth about $6,484,000. Barclays PLC bought a new position in ServiceTitan during the 4th quarter worth $267,000. Walleye Capital LLC bought a new position in ServiceTitan during the 4th quarter worth $354,000. Capital International Investors bought a new position in shares of ServiceTitan in the 4th quarter valued at $42,982,000. Finally, First Trust Advisors LP bought a new stake in ServiceTitan during the 4th quarter worth $2,560,000.
About ServiceTitan
(
Get Free Report)
ServiceTitan, Inc engages in the collection of field service activities required to install, maintain, and service the infrastructure and systems of residences and commercial buildings. The company was founded by Ara Mahdessian and Vahe Kuzoyan on June 8, 2008 and is headquartered in Glendale, CA.
Further Reading
Before you consider ServiceTitan, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ServiceTitan wasn't on the list.
While ServiceTitan currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
