What is B. Riley's Forecast for Titan Machinery Q2 Earnings?

Titan Machinery Inc. (NASDAQ:TITN - Free Report) - Investment analysts at B. Riley boosted their Q2 2026 earnings per share (EPS) estimates for Titan Machinery in a report released on Tuesday, May 27th. B. Riley analyst L. Burke now anticipates that the company will post earnings per share of ($0.59) for the quarter, up from their prior forecast of ($0.61). B. Riley currently has a "Neutral" rating and a $22.00 target price on the stock. B. Riley also issued estimates for Titan Machinery's Q3 2026 earnings at ($0.35) EPS, Q4 2026 earnings at ($0.15) EPS, FY2026 earnings at ($1.66) EPS and FY2027 earnings at ($0.21) EPS.

Titan Machinery (NASDAQ:TITN - Get Free Report) last posted its quarterly earnings results on Thursday, May 22nd. The company reported ($0.58) EPS for the quarter, topping 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 firm had revenue of $594.34 million during the quarter, compared to analyst estimates of $445.76 million.

A number of other equities analysts have also commented on TITN. Lake Street Capital reaffirmed a "hold" rating and issued a $18.00 price target (up from $15.00) on shares of Titan Machinery in a report on Friday, May 23rd. Northland Securities upgraded Titan Machinery from a "market perform" rating to an "outperform" rating and set a $25.00 price objective on the stock in a research report on Friday, April 11th. Northland Capmk upgraded Titan Machinery from a "hold" rating to a "strong-buy" rating in a research report on Friday, April 11th. Finally, Robert W. Baird lowered 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. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Titan Machinery presently has a consensus rating of "Buy" and a consensus target price of $21.00.

Titan Machinery Stock Performance

Shares of Titan Machinery stock traded down $0.74 during trading hours on Thursday, reaching $19.00. The company had a trading volume of 278,862 shares, compared to its average volume of 262,589. Titan Machinery has a one year low of $12.30 and a one year high of $23.41. The business has a fifty day simple moving average of $17.74 and a 200 day simple moving average of $16.43. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.32 and a quick ratio of 0.15. The firm has a market cap of $438.63 million, a PE ratio of 14.18 and a beta of 1.35.

Institutional Investors Weigh In On Titan Machinery

Large investors have recently added to or reduced their stakes in the company. R Squared Ltd purchased a new stake in Titan Machinery during the fourth quarter valued at about $26,000. Russell Investments Group Ltd. raised its position in Titan Machinery by 51.2% during the fourth quarter. Russell Investments Group Ltd. now owns 2,605 shares of the company's stock valued at $37,000 after purchasing an additional 882 shares in the last quarter. US Bancorp DE raised its position in Titan Machinery by 23.8% during the fourth quarter. US Bancorp DE now owns 3,861 shares of the company's stock valued at $55,000 after purchasing an additional 741 shares in the last quarter. New York State Common Retirement Fund raised its position in Titan Machinery by 42.8% during the first quarter. New York State Common Retirement Fund now owns 4,674 shares of the company's stock valued at $80,000 after purchasing an additional 1,400 shares in the last quarter. Finally, State of Wyoming purchased a new stake in Titan Machinery during the first quarter valued at about $109,000. Hedge funds and other institutional investors own 78.38% of the company's stock.

Insider Buying and Selling

In other news, Chairman David Joseph Meyer purchased 3,000 shares of the stock in a transaction on Monday, March 24th. The shares were acquired at an average price of $16.86 per share, for a total transaction of $50,580.00. Following the completion of the transaction, the chairman now directly owns 138,388 shares of the company's stock, valued at approximately $2,333,221.68. This trade represents a 2.22% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Over the last quarter, insiders have acquired 26,182 shares of company stock worth $439,661. Corporate insiders own 10.28% of the company's stock.

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.