Zacks Research Has Pessimistic View of Terex Q2 Earnings

Terex Corporation (NYSE:TEX) – Research analysts at Zacks Research reduced their Q2 2026 earnings estimates for Terex in a research note issued to investors on Friday, June 26th. Zacks Research analyst Team now forecasts that the industrial products company will earn $1.24 per share for the quarter, down from their previous forecast of $1.25. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Terex’s current full-year earnings is $4.84 per share.

Terex (NYSE:TEX) last issued its quarterly earnings data on Friday, May 1st. The industrial products company reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.20. The business had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.70 billion. Terex had a net margin of 1.87% and a return on equity of 13.43%. The firm’s quarterly revenue was up 41.1% on a year-over-year basis. During the same period last year, the business posted $0.83 earnings per share. Terex has set its FY 2026 guidance at 4.500-5.000 EPS.

Several other research firms also recently issued reports on TEX. Wall Street Zen downgraded Terex from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Raymond James Financial raised Terex from an “outperform” rating to a “strong-buy” rating and set a $85.00 price objective for the company in a research report on Monday, May 11th. DA Davidson upgraded Terex to a “strong-buy” rating and set a $81.00 price objective for the company in a report on Wednesday, June 24th. JPMorgan Chase & Co. dropped their target price on Terex from $76.00 to $60.00 and set a “neutral” rating on the stock in a research report on Friday, April 10th. Finally, Barclays assumed coverage on Terex in a research note on Tuesday, March 31st. They issued an “overweight” rating and a $65.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Terex presently has a consensus rating of “Moderate Buy” and an average price target of $75.82.

Terex Price Performance

Shares of NYSE TEX opened at $71.83 on Monday. The company has a fifty day moving average price of $62.44 and a 200 day moving average price of $61.00. The firm has a market cap of $8.20 billion, a PE ratio of 34.37, a PEG ratio of 1.13 and a beta of 1.53. The company has a current ratio of 1.84, a quick ratio of 0.88 and a debt-to-equity ratio of 0.57. Terex has a 1-year low of $41.70 and a 1-year high of $74.69.

Terex Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Monday, June 8th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.68 annualized dividend and a yield of 0.9%. Terex’s dividend payout ratio is 32.54%.

Insiders Place Their Bets

In other Terex news, insider Joshua Gross sold 5,874 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $61.53, for a total value of $361,427.22. Following the completion of the transaction, the insider directly owned 48,706 shares in the company, valued at $2,996,880.18. This trade represents a 10.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Terex

Institutional investors and hedge funds have recently made changes to their positions in the stock. UMB Bank n.a. boosted its holdings in shares of Terex by 15.0% in the 4th quarter. UMB Bank n.a. now owns 1,451 shares of the industrial products company’s stock valued at $77,000 after buying an additional 189 shares during the last quarter. M&T Bank Corp increased its holdings in Terex by 3.1% during the second quarter. M&T Bank Corp now owns 7,497 shares of the industrial products company’s stock worth $350,000 after buying an additional 225 shares during the last quarter. Perigon Wealth Management LLC raised its position in Terex by 2.5% during the fourth quarter. Perigon Wealth Management LLC now owns 9,246 shares of the industrial products company’s stock worth $494,000 after acquiring an additional 228 shares in the last quarter. Drum Hill Capital LLC raised its position in Terex by 0.6% during the fourth quarter. Drum Hill Capital LLC now owns 48,067 shares of the industrial products company’s stock worth $2,566,000 after acquiring an additional 278 shares in the last quarter. Finally, Kestra Advisory Services LLC raised its position in Terex by 4.0% during the first quarter. Kestra Advisory Services LLC now owns 7,369 shares of the industrial products company’s stock worth $436,000 after acquiring an additional 286 shares in the last quarter. Institutional investors own 92.88% of the company’s stock.

About Terex

Terex Corporation is a global manufacturer of lifting and material-handling plant and equipment, serving a range of industries that includes construction, infrastructure, energy, manufacturing and shipping logistics. Its product portfolio encompasses aerial work platforms, rough terrain and tower cranes, port and cargo handling equipment, material processing machinery and utility products. These offerings are marketed under well-known brands such as Genie®, Terex® AWP, Terex® Cranes, Demag®, and Powerscreen®, and are designed to meet diverse application requirements from building sites to industrial facilities and ports.

Headquartered in Westport, Connecticut, Terex traces its roots back to 1933 and has grown through strategic acquisitions and organic expansion.