Titan Machinery Inc. (NASDAQ:TITN – Free Report) – Investment analysts at Northland Securities dropped their Q2 2027 earnings per share estimates for shares of Titan Machinery in a research note issued to investors on Monday, June 15th. Northland Securities analyst T. Jackson now forecasts that the company will post earnings of ($0.41) per share for the quarter, down from their previous forecast of ($0.33). The consensus estimate for Titan Machinery’s current full-year earnings is ($1.50) per share. Northland Securities also issued estimates for Titan Machinery’s Q3 2027 earnings at $0.02 EPS, Q4 2027 earnings at ($0.73) EPS, FY2028 earnings at ($0.81) EPS, FY2029 earnings at ($0.52) EPS, FY2030 earnings at ($0.33) EPS and FY2031 earnings at ($0.26) EPS.
Titan Machinery (NASDAQ:TITN – Get Free Report) last issued its quarterly earnings data on Tuesday, June 9th. The company reported ($0.55) EPS for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.05. Titan Machinery had a negative net margin of 2.28% and a negative return on equity of 8.44%. The firm had revenue of $522.38 million for the quarter, compared to analysts’ expectations of $485.61 million. During the same period in the prior year, the company earned ($0.58) EPS. Titan Machinery has set its FY 2027 guidance at -1.750–1.250 EPS.
Check Out Our Latest Stock Report on TITN
Titan Machinery Stock Down 1.8%
TITN stock opened at $19.56 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.38 and a quick ratio of 0.22. The company’s 50 day simple moving average is $20.52 and its 200-day simple moving average is $18.25. Titan Machinery has a 12 month low of $13.21 and a 12 month high of $25.00. The firm has a market capitalization of $455.79 million, a PE ratio of -8.32 and a beta of 1.38.
Institutional Trading of Titan Machinery
A number of hedge funds have recently bought and sold shares of TITN. State of Wyoming boosted its holdings in shares of Titan Machinery by 3.0% during the first quarter. State of Wyoming now owns 24,568 shares of the company’s stock worth $411,000 after purchasing an additional 715 shares during the last quarter. Graham Capital Management L.P. lifted its position in Titan Machinery by 8.1% during the fourth quarter. Graham Capital Management L.P. now owns 11,640 shares of the company’s stock worth $175,000 after buying an additional 869 shares during the period. Gabelli Funds LLC lifted its position in Titan Machinery by 1.1% during the second quarter. Gabelli Funds LLC now owns 95,500 shares of the company’s stock worth $1,892,000 after buying an additional 1,000 shares during the period. Quarry LP boosted its stake in Titan Machinery by 189.8% in the 3rd quarter. Quarry LP now owns 1,536 shares of the company’s stock worth $26,000 after buying an additional 1,006 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in Titan Machinery by 14.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 8,341 shares of the company’s stock worth $140,000 after buying an additional 1,063 shares during the last quarter. Institutional investors and hedge funds own 78.38% of the company’s stock.
About Titan Machinery
Titan Machinery, Inc is a leading full-service dealer specializing in the sale, rental, and servicing of agricultural and construction equipment. The company represents major brands such as Caterpillar, Case IH and New Holland, offering new and pre-owned tractors, combines, excavators, loaders and other heavy machinery. In addition to equipment sales, Titan provides parts distribution, preventative maintenance and field service support to help customers maximize uptime and productivity.
Beyond equipment transactions, Titan Machinery offers a comprehensive suite of support services.
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