Titan Machinery (NASDAQ:TITN) Raised to Hold at B. Riley

B. Riley upgraded shares of Titan Machinery (NASDAQ:TITNFree Report) to a hold rating in a report released on Wednesday,Zacks.com reports. 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 research analysts also recently weighed in on the stock. Robert W. Baird lowered their target price on shares of Titan Machinery from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Friday, March 21st. Baird R W upgraded Titan Machinery from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $19.80.

Check Out Our Latest Research Report on Titan Machinery

Titan Machinery Stock Performance

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

Insiders Place Their Bets

In other Titan Machinery news, Chairman David Joseph Meyer purchased 3,000 shares of Titan Machinery stock in a transaction on Monday, March 24th. The stock was bought at an average cost of $16.86 per share, with a total value of $50,580.00. Following the transaction, the chairman now owns 138,388 shares of the company’s stock, valued at $2,333,221.68. This represents a 2.22 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 10.28% of the stock is currently owned by insiders.

Institutional Trading of Titan Machinery

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. American Century Companies Inc. lifted its position in Titan Machinery by 0.5% during the fourth quarter. American Century Companies Inc. now owns 1,229,637 shares of the company’s stock valued at $17,375,000 after purchasing an additional 5,938 shares during the period. Vanguard Group Inc. raised its stake in shares of Titan Machinery by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 1,193,202 shares of the company’s stock valued at $16,860,000 after buying an additional 4,955 shares during the last quarter. William Blair Investment Management LLC lifted its holdings in shares of Titan Machinery by 2.0% in the 4th quarter. William Blair Investment Management LLC now owns 920,090 shares of the company’s stock valued at $13,001,000 after buying an additional 17,689 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Titan Machinery by 5.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 868,401 shares of the company’s stock worth $12,270,000 after buying an additional 48,445 shares during the last quarter. Finally, Voss Capital LP grew its holdings in Titan Machinery by 141.7% during the fourth quarter. Voss Capital LP now owns 684,459 shares of the company’s stock worth $9,671,000 after acquiring an additional 401,302 shares during the period. Institutional investors and hedge funds own 78.38% of the company’s stock.

Titan Machinery Company Profile

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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.

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Analyst Recommendations for Titan Machinery (NASDAQ:TITN)

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