B. Riley Initiates Coverage on Titan Machinery (NASDAQ:TITN)

Investment analysts at B. Riley initiated coverage on shares of Titan Machinery (NASDAQ:TITN) in a note issued to investors on Thursday. The brokerage set a “neutral” rating and a $19.00 price target on the stock. B. Riley’s price target would indicate a potential upside of 10.02% from the company’s current price. B. Riley also issued estimates for Titan Machinery’s Q1 2026 earnings at ($0.79) EPS, Q2 2026 earnings at ($0.61) EPS, Q3 2026 earnings at ($0.26) EPS and Q4 2026 earnings at ($0.10) EPS.

Several other equities analysts have also issued reports on TITN. Baird R W upgraded Titan Machinery from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. Robert W. Baird cut their price target on shares of Titan Machinery from $25.00 to $24.00 and set an “outperform” rating on the stock in a research note on Friday, March 21st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Titan Machinery currently has an average rating of “Hold” and a consensus target price of $19.80.

Titan Machinery Stock Down 4.4 %

NASDAQ:TITN opened at $17.27 on Thursday. Titan Machinery has a 1 year low of $12.30 and a 1 year high of $24.87. The stock has a 50-day moving average price of $17.00 and a two-hundred day moving average price of $15.25. The stock has a market cap of $399.39 million, a price-to-earnings ratio of 12.89 and a beta of 1.28. The company has a current ratio of 1.32, a quick ratio of 0.15 and a debt-to-equity ratio of 0.20.

Insiders Place Their Bets

In other Titan Machinery news, Chairman David Joseph Meyer acquired 3,000 shares of Titan Machinery stock in a transaction dated Monday, March 24th. The stock was bought at an average cost of $16.86 per share, for a total transaction of $50,580.00. Following the purchase, the chairman now directly owns 138,388 shares in the company, valued at approximately $2,333,221.68. This represents a 2.22 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 10.28% of the company’s stock.

Institutional Trading of Titan Machinery

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Voss Capital LP boosted its position in Titan Machinery by 141.7% during the fourth quarter. Voss Capital LP now owns 684,459 shares of the company’s stock valued at $9,671,000 after purchasing an additional 401,302 shares during the last quarter. First Eagle Investment Management LLC boosted its holdings in shares of Titan Machinery by 42.4% in the 4th quarter. First Eagle Investment Management LLC now owns 634,509 shares of the company’s stock valued at $8,966,000 after buying an additional 188,998 shares during the last quarter. CenterBook Partners LP bought a new position in shares of Titan Machinery in the fourth quarter valued at $1,438,000. Hotchkis & Wiley Capital Management LLC grew its stake in shares of Titan Machinery by 16.9% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 583,830 shares of the company’s stock valued at $8,133,000 after buying an additional 84,330 shares in the last quarter. Finally, ArrowMark Colorado Holdings LLC increased its holdings in Titan Machinery by 28.4% during the third quarter. ArrowMark Colorado Holdings LLC now owns 341,832 shares of the company’s stock worth $4,762,000 after buying an additional 75,710 shares during the last quarter. Institutional investors and hedge funds own 78.38% of the company’s stock.

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.