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

Titan Machinery (NASDAQ:TITNGet Free Report) released its earnings results on Thursday. The company reported ($1.88) EPS for the quarter, missing the consensus estimate of ($0.87) by ($1.01), Zacks reports. The firm had revenue of $759.90 million during the quarter, compared to analyst estimates of $728.55 million. Titan Machinery had a net margin of 1.10% and a return on equity of 5.91%. The firm’s quarterly revenue was down 10.8% on a year-over-year basis. During the same period last year, the business posted $1.05 earnings per share. 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 Trading Up 1.2 %

TITN stock traded up $0.20 during midday trading on Friday, hitting $16.83. 94,564 shares of the company’s stock were exchanged, compared to its average volume of 252,327. The stock’s fifty day moving average price is $16.63 and its 200-day moving average price is $15.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.15 and a current ratio of 1.32. The company has a market cap of $389.23 million, a PE ratio of 12.35 and a beta of 1.28. Titan Machinery has a one year low of $12.30 and a one year high of $26.15.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Baird R W raised Titan Machinery from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. Robert W. Baird decreased their price objective on Titan Machinery from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Friday. One analyst has rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Titan Machinery presently has a consensus rating of “Hold” and a consensus target price of $19.00.

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About Titan Machinery

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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.

See Also

Earnings History for Titan Machinery (NASDAQ:TITN)

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