Titan Machinery (NASDAQ:TITN) Downgraded by Northland Capmk to Hold

Northland Capmk cut shares of Titan Machinery (NASDAQ:TITN) from a strong-buy rating to a hold rating in a report published on Tuesday, Zacks.com reports. Northland Capmk also issued estimates for Titan Machinery’s Q2 2025 earnings at ($0.12) EPS, Q3 2025 earnings at $0.19 EPS, Q4 2025 earnings at ($0.50) EPS, FY2025 earnings at ($0.02) EPS, FY2026 earnings at ($1.36) EPS, FY2027 earnings at ($0.57) EPS, FY2028 earnings at $0.15 EPS and FY2029 earnings at $0.37 EPS.

Other analysts have also recently issued reports about the company. Robert W. Baird cut their price objective on Titan Machinery from $18.00 to $13.00 and set a neutral rating for the company in a research report on Thursday, August 15th. B. Riley lowered Titan Machinery from a buy rating to a neutral rating and lowered their price target for the stock from $32.00 to $20.00 in a research note on Wednesday, June 5th. StockNews.com lowered Titan Machinery from a hold rating to a sell rating in a research note on Friday, May 24th. Craig Hallum lowered their price target on Titan Machinery from $25.00 to $16.00 and set a buy rating on the stock in a research note on Thursday, August 15th. Finally, Lake Street Capital lowered Titan Machinery from a buy rating to a hold rating and set a $15.00 price objective on the stock. in a research note on Thursday, August 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of Hold and an average target price of $20.17.

Titan Machinery Stock Up 2.9 %

Shares of TITN stock opened at $14.21 on Tuesday. The stock has a 50 day moving average of $15.89 and a 200 day moving average of $20.79. The company has a current ratio of 1.29, a quick ratio of 0.15 and a debt-to-equity ratio of 0.16. The stock has a market cap of $324.27 million, a P/E ratio of 3.45 and a beta of 1.31. Titan Machinery has a twelve month low of $12.30 and a twelve month high of $34.99.

Titan Machinery (NASDAQ:TITN) last posted its quarterly earnings data on Thursday, May 23rd. The company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.26). The business had revenue of $628.70 million during the quarter, compared to analysts’ expectations of $664.18 million. Titan Machinery had a net margin of 3.37% and a return on equity of 14.93%. As a group, sell-side analysts expect that Titan Machinery will post 0.25 EPS for the current year.

Insider Activity

In other news, Director David Joseph Meyer acquired 55,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 28th. The shares were purchased at an average price of $18.12 per share, for a total transaction of $996,600.00. Following the acquisition, the director now owns 1,805,000 shares of the company’s stock, valued at $32,706,600. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 10.28% of the company’s stock.

Institutional Investors Weigh In On Titan Machinery

Several large investors have recently bought and sold shares of TITN. Cetera Advisors LLC purchased a new position in shares of Titan Machinery in the 1st quarter valued at about $1,095,000. Quest Partners LLC purchased a new position in shares of Titan Machinery in the 4th quarter valued at about $165,000. Los Angeles Capital Management LLC purchased a new position in shares of Titan Machinery in the 4th quarter valued at about $301,000. Dimensional Fund Advisors LP boosted its position in shares of Titan Machinery by 1.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,783,274 shares of the company’s stock valued at $51,501,000 after purchasing an additional 22,176 shares during the period. Finally, Gabelli Funds LLC boosted its position in shares of Titan Machinery by 31.4% in the 4th quarter. Gabelli Funds LLC now owns 92,000 shares of the company’s stock valued at $2,657,000 after purchasing an additional 22,000 shares during the period. Hedge funds and other institutional investors own 78.38% of the company’s stock.

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.