Media coverage about Titan Machinery (NASDAQ:TITN) has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Titan Machinery earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.3154115028223 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Shares of Titan Machinery (NASDAQ:TITN) traded up 1.07% on Friday, reaching $15.17. 83,903 shares of the company traded hands. The company’s market capitalization is $326.84 million. The firm has a 50-day moving average of $15.35 and a 200-day moving average of $15.99. Titan Machinery has a 52-week low of $8.68 and a 52-week high of $19.22.

Titan Machinery (NASDAQ:TITN) last announced its earnings results on Thursday, August 31st. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.03). Titan Machinery had a negative net margin of 1.61% and a negative return on equity of 3.69%. The company had revenue of $268.87 million for the quarter, compared to analysts’ expectations of $260.08 million. During the same period in the prior year, the company earned ($0.12) earnings per share. The company’s revenue for the quarter was down 3.4% on a year-over-year basis. On average, equities research analysts forecast that Titan Machinery will post ($0.21) earnings per share for the current fiscal year.

Several research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Titan Machinery from a “buy” rating to a “hold” rating in a research note on Wednesday, July 26th. ValuEngine raised shares of Titan Machinery from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub downgraded shares of Titan Machinery from a “buy” rating to a “hold” rating in a research note on Saturday, August 5th. Piper Jaffray Companies set a $18.00 target price on shares of Titan Machinery and gave the company a “hold” rating in a research note on Friday, August 4th. Finally, Robert W. Baird set a $18.00 target price on shares of Titan Machinery and gave the company a “buy” rating in a research note on Thursday, August 24th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $18.50.

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In related news, Director Stan K. Erickson bought 8,302 shares of Titan Machinery stock in a transaction dated Wednesday, September 6th. The stock was acquired at an average cost of $12.50 per share, with a total value of $103,775.00. Following the completion of the acquisition, the director now directly owns 13,495 shares in the company, valued at approximately $168,687.50. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 16.08% of the company’s stock.

About Titan Machinery

Titan Machinery Inc owns and operates a network of service agricultural and construction equipment stores in the United States and Europe. The Company engages in four principal business activities: new and used equipment sales; parts sales; repair and maintenance services, and equipment rental and other activities.

Insider Buying and Selling by Quarter for Titan Machinery (NASDAQ:TITN)

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