B. Riley Forecasts Titan Machinery FY2026 Earnings

Titan Machinery Inc. (NASDAQ:TITN - Free Report) - Equities researchers at B. Riley issued their FY2026 earnings per share (EPS) estimates for Titan Machinery in a research report issued on Wednesday, March 26th. B. Riley analyst L. Burke expects that the company will post earnings per share of ($1.76) for the year. B. Riley has a "Neutral" rating and a $19.00 price objective on the stock. B. Riley also issued estimates for Titan Machinery's FY2027 earnings at $0.37 EPS.

Several other research firms have also weighed in on TITN. 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. Baird R W raised Titan Machinery from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 27th. One research analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $19.80.

Titan Machinery Stock Down 13.4 %

Shares of NASDAQ:TITN traded down $2.28 during midday trading on Monday, hitting $14.71. The stock had a trading volume of 344,349 shares, compared to its average volume of 262,099. The company has a market cap of $340.18 million, a P/E ratio of 10.98 and a beta of 1.27. The company has a quick ratio of 0.15, a current ratio of 1.32 and a debt-to-equity ratio of 0.20. The business's 50-day simple moving average is $17.07 and its 200-day simple moving average is $15.34. Titan Machinery has a 12 month low of $12.30 and a 12 month high of $24.31.

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Institutional Investors Weigh In On Titan Machinery

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

Insider Buying and Selling at Titan Machinery

In other news, Chairman David Joseph Meyer purchased 3,000 shares of Titan Machinery stock in a transaction that occurred on Monday, March 24th. The stock was acquired 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 of the company's stock, valued at $2,333,221.68. This trade represents a 2.22 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 10.28% 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.