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

Titan Machinery (NASDAQ:TITN) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of -0.250-0.250 for the period, compared to the consensus 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 Stock Up 4.2 %

Shares of Titan Machinery stock opened at $16.07 on Wednesday. Titan Machinery has a 12 month low of $12.30 and a 12 month high of $29.30. The business has a fifty day simple moving average of $14.24 and a 200 day simple moving average of $15.79. The company has a quick ratio of 0.13, a current ratio of 1.27 and a debt-to-equity ratio of 0.18. The stock has a market cap of $371.70 million, a PE ratio of 6.20 and a beta of 1.25.

Titan Machinery (NASDAQ:TITN) last announced its quarterly earnings results on Thursday, August 29th. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $645.28 million. During the same period in the prior year, the business earned $1.38 earnings per share. The company’s revenue for the quarter was down 1.4% compared to the same quarter last year. Research analysts predict that Titan Machinery will post 0.21 EPS for the current year.

Analysts Set New Price Targets

TITN has been the topic of several recent research reports. Northland Securities reiterated a “market perform” rating and issued a $25.00 price target on shares of Titan Machinery in a research note on Friday, September 13th. Lake Street Capital lowered Titan Machinery from a “buy” rating to a “hold” rating and set a $15.00 target price on the stock. in a report on Thursday, August 15th. Robert W. Baird decreased their price target on Titan Machinery from $18.00 to $13.00 and set a “neutral” rating for the company in a research note on Thursday, August 15th. B. Riley dropped their price objective on Titan Machinery from $20.00 to $15.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 3rd. Finally, Craig Hallum decreased their target price on shares of Titan Machinery from $25.00 to $16.00 and set a “buy” rating for the company in a research note on Thursday, August 15th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $21.00.

About Titan Machinery

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.