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

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

Wall Street Analysts Forecast Growth

A number of analysts recently commented on TITN shares. Northland Capmk cut shares of Titan Machinery from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 20th. Craig Hallum cut their price objective on Titan Machinery from $25.00 to $16.00 and set a “buy” rating on the stock in a report on Thursday, August 15th. Lake Street Capital cut Titan Machinery from a “buy” rating to a “hold” rating and set a $15.00 target price for the company. in a research note on Thursday, August 15th. Robert W. Baird cut their price target on shares of Titan Machinery from $18.00 to $13.00 and set a “neutral” rating on the stock in a research note on Thursday, August 15th. Finally, B. Riley lowered their price objective on shares of Titan Machinery from $20.00 to $15.00 and set a “neutral” rating for the company in a research report on Tuesday, September 3rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Titan Machinery presently has a consensus rating of “Hold” and an average target price of $21.00.

Titan Machinery Trading Down 2.4 %

Titan Machinery stock opened at $15.69 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.27 and a quick ratio of 0.13. The firm has a 50-day moving average of $14.34 and a 200-day moving average of $15.73. The company has a market cap of $362.91 million, a price-to-earnings ratio of 11.71 and a beta of 1.25. Titan Machinery has a one year low of $12.30 and a one year high of $29.30.

Titan Machinery (NASDAQ:TITN) last released its earnings results on Thursday, August 29th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.09). Titan Machinery had a net margin of 1.10% and a return on equity of 5.93%. The firm had revenue of $633.70 million during the quarter, compared to the consensus estimate of $645.28 million. During the same period in the prior year, the business posted $1.38 earnings per share. Titan Machinery’s quarterly revenue was down 1.4% compared to the same quarter last year. On average, equities analysts expect that Titan Machinery will post 0.21 earnings per share for the current fiscal 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.