Titan Machinery (NASDAQ:TITN) Releases Quarterly Earnings Results, Misses Expectations By $1.01 EPS

Titan Machinery (NASDAQ:TITN - Get Free Report) posted its earnings results on Thursday. The company reported ($1.88) earnings per share for the quarter, missing analysts' consensus estimates of ($0.87) by ($1.01), Zacks reports. The firm had revenue of $759.90 million during the quarter, compared to the consensus estimate of $728.55 million. Titan Machinery had a net margin of 1.10% and a return on equity of 5.91%. The firm's revenue was down 10.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.05 EPS. 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

Shares of NASDAQ:TITN traded up $0.21 during mid-day trading on Tuesday, reaching $17.98. 556,195 shares of the company traded hands, compared to its average volume of 253,550. Titan Machinery has a 52 week low of $12.30 and a 52 week high of $24.89. The firm has a market cap of $415.81 million, a PE ratio of 13.42 and a beta of 1.28. The company's 50 day moving average price is $16.84 and its 200-day moving average price is $15.18. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.32 and a quick ratio of 0.15.

Insider Buying and Selling at Titan Machinery

In other Titan Machinery news, Chairman David Joseph Meyer purchased 22,524 shares of the business's stock in a transaction on Friday, March 21st. The stock was acquired at an average price of $16.83 per share, for a total transaction of $379,078.92. Following the purchase, the chairman now owns 135,388 shares of the company's stock, valued at approximately $2,278,580.04. This represents a 19.96 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 10.28% of the company's stock.

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Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. 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. Baird R W raised shares of Titan Machinery from a "hold" rating to a "strong-buy" rating in a report on Monday, January 27th. One analyst has rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $19.00.

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.