Titan Machinery (NASDAQ:TITN) Earns "Sell (D)" Rating from Weiss Ratings

Key Points

• Titan Machinery's stock has been given a "sell (D)" rating by Weiss Ratings, indicating a negative outlook on the company's performance.
• In contrast, Wall Street Zen recently upgraded Titan Machinery's rating from "sell" to a "hold" rating, reflecting differing analyst opinions.
• The company's recent quarterly earnings report showed a revenue of $546.43 million, exceeding estimates, but it still posted a loss of $0.26 per share.

Titan Machinery (NASDAQ:TITN - Get Free Report)'s stock had its "sell (d)" rating reissued by equities researchers at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded shares of Titan Machinery from a "sell" rating to a "hold" rating in a research report on Friday, September 26th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $22.25.

Titan Machinery Price Performance

Shares of NASDAQ:TITN opened at $16.11 on Wednesday. The company has a quick ratio of 0.18, a current ratio of 1.31 and a debt-to-equity ratio of 0.32. Titan Machinery has a fifty-two week low of $12.50 and a fifty-two week high of $23.41. The firm has a 50-day simple moving average of $18.98 and a 200 day simple moving average of $18.76. The company has a market cap of $376.49 million, a PE ratio of -5.97 and a beta of 1.27.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC boosted its holdings in shares of Titan Machinery by 6,432.3% in the first 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Titan Machinery by 109.2% in the first 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 in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Titan Machinery by 6.2% in the first 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 in the last quarter. EntryPoint Capital LLC bought a new position in shares of Titan Machinery in the first quarter valued at approximately $339,000. Finally, New York State Common Retirement Fund boosted its holdings in shares of Titan Machinery by 42.8% in the first quarter. New York State Common Retirement Fund now owns 4,674 shares of the company's stock valued at $80,000 after acquiring an additional 1,400 shares in the last quarter. 78.38% of the stock is currently owned by 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.

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