Terex Corporation (TEX) - What Are Researchers Thinking About This Stock?

Key Points

• Analysts have a “Moderate Buy” consensus on Terex, with five buy, two strong-buy, and five hold ratings. The average 12-month price target is $75.64, although several firms recently lowered their targets.
• Institutional investors own approximately 92.88% of Terex’s shares, with several hedge funds and investment managers increasing their positions.
• Terex recently exceeded quarterly earnings and revenue estimates, reporting $1.37 in EPS and $2.24 billion in revenue. The stock opened at $51.24, below its 50-day and 200-day moving averages, and management issued fiscal 2026 EPS guidance of $4.70–$5.10.

Shares of Terex Corporation (NYSE:TEX - Get Free Report) have received a consensus rating of "Moderate Buy" from the twelve analysts that are currently covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $75.64.

Several brokerages have issued reports on TEX. Truist Financial dropped their target price on shares of Terex from $96.00 to $85.00 and set a "buy" rating on the stock in a report on Monday, October 5th. Barclays lifted their price objective on shares of Terex from $65.00 to $70.00 and gave the stock an "overweight" rating in a research note on Monday, July 20th. JPMorgan Chase & Co. dropped their price target on Terex from $68.00 to $58.00 and set a "neutral" rating on the stock in a research note on Thursday, October 8th. Morgan Stanley reaffirmed an "overweight" rating and issued a $86.00 price objective on shares of Terex in a report on Monday, August 3rd. Finally, Citigroup dropped their target price on Terex from $80.00 to $65.00 and set a "buy" rating on the stock in a report on Monday.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC grew its position in shares of Terex by 7.6% in the second quarter. GAMMA Investing LLC now owns 2,290 shares of the industrial products company's stock valued at $166,000 after purchasing an additional 161 shares during the period. QRG Capital Management Inc. increased its holdings in shares of Terex by 2.7% in the second quarter. QRG Capital Management Inc. now owns 7,847 shares of the industrial products company's stock valued at $568,000 after purchasing an additional 208 shares during the last quarter. Arizona State Retirement System lifted its position in Terex by 0.7% during the second quarter. Arizona State Retirement System now owns 31,373 shares of the industrial products company's stock worth $2,271,000 after buying an additional 210 shares in the last quarter. Kestra Advisory Services LLC boosted its stake 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 buying an additional 286 shares during the last quarter. Finally, Optiver Holding B.V. grew its holdings in Terex by 67.5% in the 1st quarter. Optiver Holding B.V. now owns 782 shares of the industrial products company's stock valued at $46,000 after buying an additional 315 shares in the last quarter. Hedge funds and other institutional investors own 92.88% of the company's stock.

Terex Trading Up 1.1%

TEX opened at $51.24 on Tuesday. The stock's 50 day moving average price is $61.02 and its 200-day moving average price is $62.48. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.93 and a current ratio of 1.82. The stock has a market cap of $5.85 billion, a price-to-earnings ratio of 26.14, a P/E/G ratio of 0.77 and a beta of 1.47. Terex has a one year low of $41.70 and a one year high of $74.69.

Terex (NYSE:TEX - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.23 by $0.14. The company had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.14 billion. Terex had a net margin of 2.23% and a return on equity of 12.24%. The firm's revenue was up 50.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.49 EPS. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. On average, equities analysts forecast that Terex will post 4.97 EPS for the current year.

About Terex

Terex Corporation is a global manufacturer of equipment used in construction, infrastructure development, utilities, recycling, and materials processing. The company designs, manufactures and supports machinery that helps customers lift, move, process and manage materials in a range of industrial and commercial applications.

Terex operates primarily through its Materials Processing and Aerial Work Platforms segments. Its product portfolio includes crushing and screening equipment, conveyors, washing and recycling systems, material handlers, rough-terrain and telescopic handlers, aerial work platforms, utility equipment and related aftermarket parts and services.

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