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 4.2 %

Shares of TITN stock opened at $16.07 on Wednesday. Titan Machinery has a 1-year low of $12.30 and a 1-year high of $29.30. The company has a current ratio of 1.27, a quick ratio of 0.13 and a debt-to-equity ratio of 0.18. The stock has a market cap of $371.70 million, a price-to-earnings ratio of 6.20 and a beta of 1.25. The stock has a 50-day moving average of $14.24 and a 200-day moving average of $15.79.

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 the consensus estimate of $0.26 by ($0.09). Titan Machinery had a return on equity of 10.38% and a net margin of 2.11%. The business had revenue of $633.70 million during the quarter, compared to the consensus estimate of $645.28 million. During the same period last year, the business posted $1.38 earnings per share. The business’s revenue was down 1.4% 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 year.

Analysts Set New Price Targets

Several research firms have weighed in on TITN. Northland Capmk downgraded shares of Titan Machinery from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 20th. Craig Hallum cut their price target on Titan Machinery from $25.00 to $16.00 and set a “buy” rating on the stock in a report on Thursday, August 15th. Robert W. Baird decreased their price objective on Titan Machinery from $18.00 to $13.00 and set a “neutral” rating for the company in a report on Thursday, August 15th. B. Riley cut their target price on Titan Machinery from $20.00 to $15.00 and set a “neutral” rating on the stock in a report on Tuesday, September 3rd. Finally, Northland Securities restated a “market perform” rating and set a $25.00 price target on shares of Titan Machinery in a research note on Friday, September 13th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $21.00.

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.