Titan Machinery (NASDAQ:TITN – Get Free Report) is projected to post its Q1 2026 quarterly earnings results before the market opens on Thursday, May 22nd. Analysts expect Titan Machinery to post earnings of ($0.79) per share and revenue of $445.76 million for the quarter.
Titan Machinery Stock Performance
TITN opened at $20.86 on Tuesday. The business’s 50 day moving average is $16.96 and its 200-day moving average is $16.12. The stock has a market cap of $481.57 million, a PE ratio of 15.57 and a beta of 1.35. The company has a current ratio of 1.32, a quick ratio of 0.15 and a debt-to-equity ratio of 0.20. Titan Machinery has a twelve month low of $12.30 and a twelve month high of $24.17.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on the company. B. Riley assumed coverage on Titan Machinery in a report on Thursday, March 27th. They set a “neutral” rating and a $19.00 price target on the stock. Northland Capmk raised Titan Machinery from a “hold” rating to a “strong-buy” rating in a report on Friday, April 11th. Baird R W upgraded shares of Titan Machinery from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. Northland Securities upgraded shares of Titan Machinery from a “market perform” rating to an “outperform” rating and set a $25.00 price objective on the stock in a research note on Friday, April 11th. Finally, Robert W. Baird lowered their price objective 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 investment analyst has rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.80.
Insider Activity at Titan Machinery
In related news, Chairman David Joseph Meyer acquired 3,000 shares of the stock in a transaction that occurred on Monday, March 24th. The shares were acquired at an average price of $16.86 per share, for a total transaction of $50,580.00. Following the completion of the purchase, the chairman now directly owns 138,388 shares of the company’s stock, valued at $2,333,221.68. The trade was a 2.22% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders have purchased 26,182 shares of company stock worth $439,661 over the last quarter. 10.28% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Titan Machinery stock. Royal Bank of Canada boosted its holdings in Titan Machinery Inc. (NASDAQ:TITN – Free Report) by 8.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 66,882 shares of the company’s stock after buying an additional 4,988 shares during the quarter. Royal Bank of Canada owned 0.29% of Titan Machinery worth $1,140,000 as of its most recent SEC filing. 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.
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