Titan Machinery (NASDAQ:TITN) Announces Quarterly Earnings Results

Titan Machinery (NASDAQ:TITN) announced its quarterly earnings data on Thursday. The company reported ($1.88) EPS for the quarter, missing the consensus estimate of ($0.87) by ($1.01), Zacks reports. Titan Machinery had a net margin of 1.10% and a return on equity of 5.91%. The business had revenue of $759.90 million for the quarter, compared to analyst estimates of $728.55 million. During the same quarter in the previous year, the firm posted $1.05 earnings per share. The business’s revenue was down 10.8% on a year-over-year basis. Titan Machinery updated its FY 2026 guidance to -2.000–1.250 EPS and its FY26 guidance to ($2.00)-($1.25) EPS.

Titan Machinery Stock Performance

TITN opened at $17.05 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.32 and a quick ratio of 0.15. The firm has a fifty day moving average price of $16.70 and a 200 day moving average price of $15.10. Titan Machinery has a 1 year low of $12.30 and a 1 year high of $24.92. The stock has a market cap of $394.30 million, a P/E ratio of 12.72 and a beta of 1.28.

Analysts Set New Price Targets

Several analysts have commented on the stock. Robert W. Baird decreased their price objective 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. 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. One analyst has rated the stock with a sell rating, four have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $19.00.

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.