Titan Machinery (NASDAQ:TITN) Updates FY25 Earnings Guidance

Titan Machinery (NASDAQ:TITN) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of ($0.25)-$0.25 for the period, compared to the consensus estimate of $0.14. Titan Machinery also updated its FY 2025 guidance to -0.250-0.250 EPS.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TITN. Northland Capmk downgraded Titan Machinery from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 20th. B. Riley cut their target price 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. Northland Securities reaffirmed a “market perform” rating and issued a $25.00 price target on shares of Titan Machinery in a research report on Friday, September 13th. Robert W. Baird cut 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, Lake Street Capital lowered shares of Titan Machinery from a “buy” rating to a “hold” rating and set a $15.00 price objective for the company. in a research note on Thursday, August 15th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $21.00.

Titan Machinery Price Performance

Shares of NASDAQ:TITN opened at $16.07 on Wednesday. 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 firm has a market cap of $371.70 million, a price-to-earnings ratio of 6.20 and a beta of 1.25. The business has a 50-day simple moving average of $14.24 and a two-hundred day simple moving average of $15.79. Titan Machinery has a fifty-two week low of $12.30 and a fifty-two week high of $29.30.

Titan Machinery (NASDAQ:TITN) last issued its quarterly earnings data 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 net margin of 2.11% and a return on equity of 10.38%. The company had revenue of $633.70 million for the quarter, compared to the consensus estimate of $645.28 million. During the same quarter last year, the company earned $1.38 EPS. The firm’s revenue for the quarter was down 1.4% on a year-over-year basis. On average, analysts expect that Titan Machinery will post 0.21 earnings per share for the current year.

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.