Titan Machinery (NASDAQ:TITN) Coverage Initiated at B. Riley

B. Riley initiated coverage on shares of Titan Machinery (NASDAQ:TITN - Free Report) in a research note released on Thursday. The brokerage issued a neutral rating and a $19.00 price target on the stock. 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.

Other research analysts have also issued research reports about the stock. Robert W. Baird dropped their price objective on shares of Titan Machinery from $25.00 to $24.00 and set an "outperform" rating for the company in a report on Friday, March 21st. Baird R W raised Titan Machinery from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 27th. One 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 issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $19.80.

Titan Machinery Price Performance

Titan Machinery stock traded down $0.20 during mid-day trading on Thursday, reaching $17.08. The company had a trading volume of 70,532 shares, compared to its average volume of 260,159. The business has a fifty day simple moving average of $17.00 and a 200 day simple moving average of $15.28. The company has a market cap of $394.88 million, a P/E ratio of 12.73 and a beta of 1.28. Titan Machinery has a fifty-two week low of $12.30 and a fifty-two week high of $24.87. The company has a current ratio of 1.32, a quick ratio of 0.15 and a debt-to-equity ratio of 0.20.

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Insiders Place Their Bets

In other news, Chairman David Joseph Meyer bought 22,524 shares of Titan Machinery stock in a transaction dated Friday, March 21st. The stock was bought at an average cost of $16.83 per share, for a total transaction of $379,078.92. Following the purchase, the chairman now directly owns 135,388 shares in the company, valued at approximately $2,278,580.04. This represents a 19.96 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 10.28% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in TITN. R Squared Ltd acquired a new position in shares of Titan Machinery during the fourth quarter worth approximately $26,000. Russell Investments Group Ltd. increased its holdings in Titan Machinery by 51.2% during the 4th quarter. Russell Investments Group Ltd. now owns 2,605 shares of the company's stock worth $37,000 after purchasing an additional 882 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of Titan Machinery in the third quarter valued at approximately $41,000. US Bancorp DE boosted its position in shares of Titan Machinery by 23.8% during the fourth quarter. US Bancorp DE now owns 3,861 shares of the company's stock valued at $55,000 after buying an additional 741 shares during the last quarter. Finally, FMR LLC grew its holdings in Titan Machinery by 142.5% during the third quarter. FMR LLC now owns 5,262 shares of the company's stock worth $73,000 after buying an additional 3,092 shares in the last quarter. 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.