Northland Securities Predicts Titan Machinery Q1 Earnings

Titan Machinery Inc. (NASDAQ:TITN) – Northland Securities issued their Q1 2028 EPS estimates for Titan Machinery in a research note issued to investors on Monday, June 15th. Northland Securities analyst T. Jackson expects that the company will post earnings of ($0.60) per share for the quarter. 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 Q2 2028 earnings at ($0.21) EPS, Q3 2028 earnings at $0.32 EPS and Q4 2028 earnings at ($0.32) EPS.

Several other analysts have also weighed in on the stock. Robert W. Baird lowered their target price on shares of Titan Machinery from $21.00 to $17.00 and set a “neutral” rating for the company in a research note on Friday, March 20th. Wall Street Zen upgraded shares of Titan Machinery from a “sell” rating to a “hold” rating in a research note on Saturday, June 6th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $17.00.

Titan Machinery Stock Down 1.7%

TITN stock opened at $19.91 on Tuesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.38 and a quick ratio of 0.22. Titan Machinery has a 1-year low of $13.21 and a 1-year high of $25.00. The firm has a fifty day moving average price of $20.48 and a two-hundred day moving average price of $18.24. The firm has a market cap of $463.90 million, a price-to-earnings ratio of -8.47 and a beta of 1.38.

Titan Machinery (NASDAQ:TITN) last released its earnings results on Tuesday, June 9th. The company reported ($0.55) earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $485.61 million. During the same quarter in the previous year, the firm earned ($0.58) earnings per share. Titan Machinery has set its FY 2027 guidance at -1.750–1.250 EPS.

Hedge Funds Weigh In On Titan Machinery

Several hedge funds and other institutional investors have recently modified their holdings of the company. 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 valued at $411,000 after acquiring an additional 715 shares during the period. Graham Capital Management L.P. boosted its holdings in shares of Titan Machinery by 8.1% during the fourth quarter. Graham Capital Management L.P. now owns 11,640 shares of the company’s stock valued at $175,000 after acquiring an additional 869 shares during the period. Gabelli Funds LLC boosted its holdings in shares of Titan Machinery by 1.1% during the second quarter. Gabelli Funds LLC now owns 95,500 shares of the company’s stock valued at $1,892,000 after acquiring an additional 1,000 shares during the period. Quarry LP boosted its holdings in shares of Titan Machinery by 189.8% during the third quarter. Quarry LP now owns 1,536 shares of the company’s stock valued at $26,000 after acquiring an additional 1,006 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Titan Machinery by 14.6% during the third quarter. PNC Financial Services Group Inc. now owns 8,341 shares of the company’s stock valued at $140,000 after acquiring an additional 1,063 shares during the period. 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.