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

Titan Machinery (NASDAQ:TITN) issued an update on its FY 2025 earnings guidance on Tuesday morning. 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.

Titan Machinery Stock Down 2.4 %

Shares of NASDAQ TITN opened at $15.69 on Thursday. The firm has a market capitalization of $362.91 million, a PE ratio of 6.06 and a beta of 1.25. The company has a current ratio of 1.27, a quick ratio of 0.13 and a debt-to-equity ratio of 0.18. Titan Machinery has a 1 year low of $12.30 and a 1 year high of $29.30. The firm’s 50-day moving average is $14.30 and its 200-day moving average is $15.73.

Titan Machinery (NASDAQ:TITN) last released its quarterly earnings data 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 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 previous year, the business earned $1.38 EPS. The firm’s revenue was down 1.4% compared to the same quarter last year. Equities analysts expect that Titan Machinery will post 0.21 EPS for the current year.

Analysts Set New Price Targets

TITN has been the subject of several research analyst reports. Robert W. Baird reduced their price target on shares of Titan Machinery from $18.00 to $13.00 and set a “neutral” rating for the company in a report on Thursday, August 15th. Lake Street Capital cut shares of Titan Machinery from a “buy” rating to a “hold” rating and set a $15.00 price target for the company. in a report on Thursday, August 15th. Northland Capmk lowered shares of Titan Machinery from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 20th. Northland Securities reissued a “market perform” rating and issued a $25.00 price objective on shares of Titan Machinery in a research report on Friday, September 13th. Finally, B. Riley cut their price objective on shares of Titan Machinery from $20.00 to $15.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 3rd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Titan Machinery presently has a consensus rating of “Hold” and an average 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.