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 earnings per share guidance of ($0.25)-$0.25 for the period, compared to the consensus earnings per share estimate of $0.14. Titan Machinery also updated its FY 2025 guidance to -0.250-0.250 EPS.

Titan Machinery Stock Up 1.8 %

Shares of NASDAQ:TITN opened at $15.42 on Tuesday. Titan Machinery has a 1-year low of $12.30 and a 1-year high of $29.30. 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 stock has a market cap of $356.66 million, a P/E ratio of 5.95 and a beta of 1.25. The firm has a fifty day moving average price of $14.24 and a 200 day moving average price of $15.79.

Titan Machinery (NASDAQ:TITN) last announced 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). The business had revenue of $633.70 million for the quarter, compared to analyst estimates of $645.28 million. Titan Machinery had a return on equity of 10.38% and a net margin of 2.11%. Titan Machinery’s quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the company posted $1.38 EPS. Sell-side analysts predict that Titan Machinery will post 0.21 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on TITN. Lake Street Capital downgraded 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 report on Thursday, August 15th. Robert W. Baird decreased their target price 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. 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 restated a “market perform” rating and issued a $25.00 price target on shares of Titan Machinery in a report on Friday, September 13th. Finally, B. Riley lowered their target price on Titan Machinery from $20.00 to $15.00 and set a “neutral” rating on the stock in a report on Tuesday, September 3rd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Titan Machinery 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.