Titan Machinery (NASDAQ:TITN) Issues FY 2025 Earnings Guidance

Titan Machinery (NASDAQ:TITN) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of -0.250-0.250 for the period, compared to the consensus earnings per share estimate of 0.290. The company issued revenue guidance of -. Titan Machinery also updated its FY25 guidance to ($0.25)-$0.25 EPS.

Titan Machinery Trading Up 1.8 %

Shares of NASDAQ TITN opened at $15.42 on Tuesday. The business has a fifty day simple moving average of $14.24 and a two-hundred day simple moving average of $15.79. Titan Machinery has a twelve month low of $12.30 and a twelve month high of $29.30. The firm has a market cap of $356.66 million, a PE ratio of 5.95 and a beta of 1.25. The company has a quick ratio of 0.13, a current ratio of 1.27 and a debt-to-equity ratio of 0.18.

Titan Machinery (NASDAQ:TITN) last posted its quarterly earnings data on Thursday, August 29th. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.09). The business had revenue of $633.70 million during the quarter, compared to analyst estimates of $645.28 million. Titan Machinery had a return on equity of 10.38% and a net margin of 2.11%. The firm’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.38 EPS. Analysts expect that Titan Machinery will post 0.21 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently commented on TITN shares. Northland Securities restated a “market perform” rating and set a $25.00 price target on shares of Titan Machinery in a research report on Friday, September 13th. Craig Hallum reduced their target price on shares of Titan Machinery from $25.00 to $16.00 and set a “buy” rating for the company in a research report on Thursday, August 15th. B. Riley reduced their price objective on Titan Machinery from $20.00 to $15.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 3rd. Lake Street Capital cut shares of Titan Machinery from a “buy” rating to a “hold” rating and set a $15.00 price target for the company. in a research note on Thursday, August 15th. Finally, Robert W. Baird lowered their price target on Titan Machinery from $18.00 to $13.00 and set a “neutral” rating for the company in a report on Thursday, August 15th. One analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Titan Machinery presently has an average rating of “Hold” and a consensus price target of $21.00.

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.