Titan Machinery (NASDAQ:TITN) Announces Earnings Results, Misses Estimates By $0.04 EPS

Titan Machinery (NASDAQ:TITN) posted its quarterly earnings data on Thursday. The company reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.36) by ($0.04), FiscalAI reports. Titan Machinery had a negative return on equity of 8.44% and a negative net margin of 2.28%.The firm had revenue of $496.38 million during the quarter, compared to analyst estimates of $483.78 million. Titan Machinery updated its FY 2027 guidance to -1.750–1.250 EPS.

Titan Machinery Trading Down 1.7%

TITN opened at $18.81 on Thursday. The firm has a market capitalization of $438.27 million, a price-to-earnings ratio of -8.00 and a beta of 1.41. The company’s 50 day simple moving average is $19.09 and its two-hundred day simple moving average is $19.27. Titan Machinery has a 1-year low of $13.21 and a 1-year high of $25.00. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.38 and a quick ratio of 0.22.

Institutional Investors Weigh In On Titan Machinery

Several hedge funds and other institutional investors have recently made changes to their positions in TITN. Quarry LP lifted its position in Titan Machinery by 189.8% during the third quarter. Quarry LP now owns 1,536 shares of the company’s stock worth $26,000 after buying an additional 1,006 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in Titan Machinery by 352.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,623 shares of the company’s stock valued at $52,000 after buying an additional 2,043 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Titan Machinery by 94.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,032 shares of the company’s stock valued at $67,000 after buying an additional 1,957 shares in the last quarter. Graham Capital Management L.P. grew its holdings in Titan Machinery by 8.1% in the 4th quarter. Graham Capital Management L.P. now owns 11,640 shares of the company’s stock valued at $175,000 after buying an additional 869 shares in the last quarter. Finally, State of Wyoming increased its stake in shares of Titan Machinery by 48.2% in the 2nd quarter. State of Wyoming now owns 9,442 shares of the company’s stock worth $187,000 after acquiring an additional 3,070 shares during the last quarter. Institutional investors and hedge funds own 78.38% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on TITN. Wall Street Zen raised Titan Machinery from a “sell” rating to a “hold” rating in a research note on Saturday, June 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Titan Machinery in a research note on Monday, June 29th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $17.00.

About Titan Machinery

Titan Machinery, Inc is a leading full-service dealer specializing in the sale, rental, and servicing of agricultural and construction equipment. The company represents major brands such as Caterpillar, Case IH and New Holland, offering new and pre-owned tractors, combines, excavators, loaders and other heavy machinery. In addition to equipment sales, Titan provides parts distribution, preventative maintenance and field service support to help customers maximize uptime and productivity.

Beyond equipment transactions, Titan Machinery offers a comprehensive suite of support services.