Titan Machinery (NASDAQ:TITN) Releases FY25 Earnings Guidance

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

Titan Machinery Stock Performance

Shares of Titan Machinery stock opened at $15.69 on Friday. The company has a current ratio of 1.27, a quick ratio of 0.13 and a debt-to-equity ratio of 0.18. The stock’s fifty day moving average price is $14.34 and its 200-day moving average price is $15.73. The firm has a market cap of $362.91 million, a P/E ratio of 11.71 and a beta of 1.25. Titan Machinery has a 12 month low of $12.30 and a 12 month high of $29.30.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on TITN shares. Craig Hallum reduced their price objective 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. Robert W. Baird reduced their price target on Titan Machinery from $18.00 to $13.00 and set a “neutral” rating for the company in a research report on Thursday, August 15th. Lake Street Capital downgraded Titan Machinery from a “buy” rating to a “hold” rating and set a $15.00 price objective on the stock. in a research report on Thursday, August 15th. Northland Capmk downgraded shares of Titan Machinery from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 20th. Finally, Northland Securities reaffirmed a “market perform” rating and issued a $25.00 price objective on shares of Titan Machinery in a research report on Friday, September 13th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $21.00.

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.