B. Riley Initiates Coverage on Titan Machinery (NASDAQ:TITN)

Investment analysts at B. Riley initiated coverage on shares of Titan Machinery (NASDAQ:TITN) in a research note issued to investors on Thursday. The brokerage set a “neutral” rating and a $19.00 price target on the stock. B. Riley’s price target would indicate a potential upside of 10.02% from the stock’s current price. B. Riley also issued estimates for Titan Machinery’s Q1 2026 earnings at ($0.79) EPS, Q2 2026 earnings at ($0.61) EPS, Q3 2026 earnings at ($0.26) EPS and Q4 2026 earnings at ($0.10) EPS.

Other equities analysts have also recently issued reports about the stock. Robert W. Baird reduced their price objective on shares of Titan Machinery from $25.00 to $24.00 and set an “outperform” rating for the company in a research report on Friday, March 21st. Baird R W raised shares of Titan Machinery from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. One analyst has rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Titan Machinery currently has a consensus rating of “Hold” and a consensus price target of $19.80.

Titan Machinery Stock Performance

TITN opened at $17.27 on Thursday. The company has a quick ratio of 0.15, a current ratio of 1.32 and a debt-to-equity ratio of 0.20. The stock has a market cap of $399.39 million, a price-to-earnings ratio of 12.89 and a beta of 1.28. Titan Machinery has a 12-month low of $12.30 and a 12-month high of $24.87. The business has a 50 day moving average of $17.00 and a 200-day moving average of $15.25.

Insider Transactions at Titan Machinery

In other Titan Machinery news, Chairman David Joseph Meyer bought 3,000 shares of the firm’s stock in a transaction on Monday, March 24th. The shares were purchased at an average price of $16.86 per share, for a total transaction of $50,580.00. Following the transaction, the chairman now directly owns 138,388 shares in the company, valued at approximately $2,333,221.68. This trade represents a 2.22 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 10.28% of the company’s stock.

Institutional Investors Weigh In On Titan Machinery

Hedge funds and other institutional investors have recently made changes to their positions in the business. R Squared Ltd acquired a new stake in Titan Machinery during the fourth quarter worth approximately $26,000. Russell Investments Group Ltd. lifted its position in shares of Titan Machinery by 51.2% during the 4th quarter. Russell Investments Group Ltd. now owns 2,605 shares of the company’s stock valued at $37,000 after acquiring an additional 882 shares during the period. Truvestments Capital LLC bought a new stake in shares of Titan Machinery during the 3rd quarter valued at $41,000. US Bancorp DE grew its holdings in shares of Titan Machinery by 23.8% during the 4th quarter. US Bancorp DE now owns 3,861 shares of the company’s stock worth $55,000 after purchasing an additional 741 shares in the last quarter. Finally, FMR LLC increased its position in shares of Titan Machinery by 142.5% in the third quarter. FMR LLC now owns 5,262 shares of the company’s stock worth $73,000 after purchasing an additional 3,092 shares during the period. 78.38% of the stock is currently owned by institutional investors and hedge funds.

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.