
Terex Corporation (NYSE:TEX – Free Report) – Zacks Research increased their FY2025 earnings estimates for shares of Terex in a report released on Thursday, November 20th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $4.91 per share for the year, up from their previous estimate of $4.81. The consensus estimate for Terex’s current full-year earnings is $4.83 per share. Zacks Research also issued estimates for Terex’s Q2 2026 earnings at $1.60 EPS and Q4 2026 earnings at $1.36 EPS.
A number of other brokerages have also commented on TEX. Raymond James Financial raised Terex from a “market perform” rating to an “outperform” rating and set a $70.00 price objective on the stock in a report on Monday, October 27th. UBS Group reduced their target price on shares of Terex from $52.00 to $51.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Citigroup lowered their price target on shares of Terex from $58.00 to $52.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Wall Street Zen upgraded shares of Terex from a “hold” rating to a “buy” rating in a research note on Sunday, October 19th. Finally, Truist Financial set a $62.00 target price on shares of Terex in a research report on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $56.55.
Terex Price Performance
Terex stock opened at $43.27 on Monday. The company has a market capitalization of $2.84 billion, a price-to-earnings ratio of 16.15, a PEG ratio of 5.69 and a beta of 1.76. The company has a current ratio of 2.08, a quick ratio of 1.11 and a debt-to-equity ratio of 1.31. Terex has a 12 month low of $31.53 and a 12 month high of $58.66. The stock’s 50 day moving average is $50.65 and its 200-day moving average is $49.41.
Terex (NYSE:TEX – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The industrial products company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.28. Terex had a net margin of 3.46% and a return on equity of 15.95%. The firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same period in the prior year, the firm earned $1.46 EPS. The business’s revenue was up 14.4% on a year-over-year basis. Terex has set its FY 2025 guidance at 4.700-5.100 EPS.
Hedge Funds Weigh In On Terex
Several hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of Terex by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 6,749,354 shares of the industrial products company’s stock worth $254,991,000 after buying an additional 44,254 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Terex by 3.4% during the third quarter. Dimensional Fund Advisors LP now owns 3,357,963 shares of the industrial products company’s stock worth $172,262,000 after acquiring an additional 110,928 shares in the last quarter. Wellington Management Group LLP bought a new position in shares of Terex in the third quarter worth about $121,724,000. Fuller & Thaler Asset Management Inc. boosted its stake in shares of Terex by 8.8% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 2,338,868 shares of the industrial products company’s stock valued at $88,362,000 after purchasing an additional 188,195 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of Terex by 1.4% in the 1st quarter. American Century Companies Inc. now owns 1,765,690 shares of the industrial products company’s stock valued at $66,708,000 after purchasing an additional 24,484 shares in the last quarter. Institutional investors own 92.88% of the company’s stock.
Insider Transactions at Terex
In other news, Director Andra Rush acquired 2,120 shares of the stock in a transaction on Friday, October 31st. The stock was acquired at an average cost of $46.59 per share, for a total transaction of $98,770.80. Following the completion of the transaction, the director directly owned 25,428 shares in the company, valued at approximately $1,184,690.52. This trade represents a 9.10% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 1.90% of the stock is owned by company insiders.
Terex Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Monday, November 10th will be given a dividend of $0.17 per share. The ex-dividend date is Monday, November 10th. This represents a $0.68 annualized dividend and a dividend yield of 1.6%. Terex’s dividend payout ratio (DPR) is currently 28.94%.
About Terex
Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Materials Processing (MP) and Aerial Work Platforms (AWP). The MP segment designs, manufactures, services, and markets materials processing and specialty equipment, includes crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands.
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