Titan Machinery (NASDAQ:TITN) Issues FY 2025 Earnings Guidance

Titan Machinery (NASDAQ:TITN - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of -0.250-0.250 for the period, compared to the consensus EPS estimate of 0.290. The company issued revenue guidance of -. Titan Machinery also updated its FY25 guidance to ($0.25)-$0.25 EPS.

Titan Machinery Price Performance

NASDAQ TITN traded up $0.31 on Tuesday, hitting $15.73. The stock had a trading volume of 261,459 shares, compared to its average volume of 229,232. Titan Machinery has a 52-week low of $12.30 and a 52-week high of $29.30. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.13 and a current ratio of 1.27. The company has a market capitalization of $363.83 million, a price-to-earnings ratio of 5.58 and a beta of 1.25. The firm has a 50-day moving average of $14.24 and a 200-day moving average of $15.79.

Titan Machinery (NASDAQ:TITN - Get Free Report) last posted its earnings results on Thursday, August 29th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.09). Titan Machinery had a return on equity of 10.38% and a net margin of 2.11%. The firm had revenue of $633.70 million during the quarter, compared to analysts' expectations of $645.28 million. During the same quarter in the prior year, the company earned $1.38 earnings per share. The business's revenue for the quarter was down 1.4% compared to the same quarter last year. Equities analysts expect that Titan Machinery will post 0.21 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on TITN shares. Lake Street Capital cut shares of Titan Machinery from a "buy" rating to a "hold" rating and set a $15.00 price objective on the stock. in a research report on Thursday, August 15th. Northland Securities restated a "market perform" rating and set a $25.00 price objective on shares of Titan Machinery in a research report on Friday, September 13th. B. Riley lowered their price objective on shares of Titan Machinery from $20.00 to $15.00 and set a "neutral" rating on the stock in a research report on Tuesday, September 3rd. Robert W. Baird lowered their price objective on shares of Titan Machinery from $18.00 to $13.00 and set a "neutral" rating on the stock in a research report on Thursday, August 15th. Finally, Northland Capmk cut shares of Titan Machinery from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 20th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, Titan Machinery has an average rating of "Hold" and a consensus price target of $21.00.

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.