Titan Machinery (NASDAQ:TITN) Issues Quarterly Earnings Results

Titan Machinery (NASDAQ:TITN) posted its earnings results on Thursday. The company reported ($1.88) earnings per share for the quarter, missing the consensus estimate of ($0.87) by ($1.01), Zacks reports. The business had revenue of $759.90 million for the quarter, compared to the consensus estimate of $728.55 million. Titan Machinery had a return on equity of 5.91% and a net margin of 1.10%. The business’s revenue was down 10.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.05 earnings per share. Titan Machinery updated its FY 2026 guidance to -2.000–1.250 EPS and its FY26 guidance to ($2.00)-($1.25) EPS.

Titan Machinery Stock Up 1.2 %

TITN traded up $0.20 on Friday, hitting $16.83. 94,564 shares of the company were exchanged, compared to its average volume of 252,327. Titan Machinery has a 12 month low of $12.30 and a 12 month high of $26.15. The company has a market cap of $389.23 million, a PE ratio of 12.35 and a beta of 1.28. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.15 and a current ratio of 1.32. The stock’s fifty day moving average is $16.63 and its 200-day moving average is $15.09.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Baird R W upgraded Titan Machinery from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. Robert W. Baird cut their price target on Titan Machinery from $25.00 to $24.00 and set an “outperform” rating on the stock in a report on Friday. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Titan Machinery presently has a consensus rating of “Hold” and a consensus price target of $19.00.

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.