Titan Machinery (NASDAQ:TITN) Updates FY25 Earnings Guidance

Titan Machinery (NASDAQ:TITN) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of ($0.25)-$0.25 for the period, compared to the consensus estimate of $0.14. Titan Machinery also updated its FY 2025 guidance to -0.250-0.250 EPS.

Analysts Set New Price Targets

Several research analysts have weighed in on TITN shares. B. Riley cut their price target on Titan Machinery from $20.00 to $15.00 and set a “neutral” rating for the company in a report on Tuesday, September 3rd. Robert W. Baird reduced their target price on Titan Machinery from $18.00 to $13.00 and set a “neutral” rating on the stock in a research report on Thursday, August 15th. Northland Capmk cut Titan Machinery from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 20th. Northland Securities reaffirmed a “market perform” rating and set a $25.00 price objective on shares of Titan Machinery in a research note on Friday, September 13th. Finally, Lake Street Capital cut shares of Titan Machinery from a “buy” rating to a “hold” rating and set a $15.00 target price on the stock. in a research report on Thursday, August 15th. One equities research 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. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $21.00.

Titan Machinery Trading Down 2.4 %

NASDAQ:TITN opened at $15.69 on Thursday. Titan Machinery has a 12 month low of $12.30 and a 12 month high of $29.30. The business’s 50-day moving average is $14.30 and its two-hundred day moving average is $15.73. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.27 and a quick ratio of 0.13. The firm has a market capitalization of $362.91 million, a PE ratio of 6.06 and a beta of 1.25.

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

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.