Titan Machinery (NASDAQ:TITN) Issues FY 2026 Earnings Guidance

Titan Machinery (NASDAQ:TITN - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of -2.000--1.250 for the period, compared to the consensus estimate of -1.800. The company issued revenue guidance of -.

Titan Machinery Price Performance

NASDAQ:TITN traded up $0.63 during mid-day trading on Tuesday, reaching $20.54. 92,609 shares of the company were exchanged, compared to its average volume of 264,984. Titan Machinery has a 12 month low of $12.30 and a 12 month high of $23.41. The company has a fifty day moving average of $17.54 and a 200 day moving average of $16.31. The company has a quick ratio of 0.15, a current ratio of 1.32 and a debt-to-equity ratio of 0.20. The stock has a market cap of $474.28 million, a PE ratio of 15.31 and a beta of 1.35.

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

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. B. Riley increased their target price on Titan Machinery from $19.00 to $22.00 and gave the stock a "neutral" rating in a research note on Tuesday. Northland Securities raised shares of Titan Machinery from a "market perform" rating to an "outperform" rating and set a $25.00 price target for the company in a research note on Friday, April 11th. Robert W. Baird decreased their price target on shares of Titan Machinery from $25.00 to $24.00 and set an "outperform" rating for the company in a research note on Friday, March 21st. Baird R W raised shares of Titan Machinery from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 27th. Finally, Northland Capmk raised shares of Titan Machinery from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 11th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $21.00.

Insiders Place Their Bets

In related news, Chairman David Joseph Meyer acquired 3,000 shares of Titan Machinery stock in a transaction 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 transaction, the chairman now directly owns 138,388 shares in the company, valued at $2,333,221.68. This trade represents a 2.22% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders purchased a total of 26,182 shares of company stock valued at $439,661 over the last ninety days. 10.28% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Titan Machinery

A hedge fund recently raised its stake in Titan Machinery stock. Royal Bank of Canada grew its holdings in Titan Machinery Inc. (NASDAQ:TITN - Free Report) by 8.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 66,882 shares of the company's stock after acquiring an additional 4,988 shares during the quarter. Royal Bank of Canada owned 0.29% of Titan Machinery worth $1,140,000 as of its most recent SEC filing. 78.38% of the stock is currently owned by hedge funds and other institutional investors.

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.