Terex Stock Gets Reduced EPS Estimate from Zacks Research

Key Points

• Zacks Research cut Terex’s Q1 2027 EPS estimate to $0.97 from $1.07; its current full-year earnings consensus is $4.92 per share.
• Terex’s latest quarter beat expectations, with EPS of $1.50 versus $1.42 forecast and revenue of $2.20 billion versus $2.16 billion; revenue rose 58.4% year over year.
• Analysts have a consensus “Moderate Buy” rating and a $77.10 price target. Terex also declared a quarterly dividend of $0.17 per share, equivalent to a 1.2% yield.

Terex Corporation (NYSE:TEX - Free Report) - Investment analysts at Zacks Research decreased their Q1 2027 earnings estimates for Terex in a report issued on Thursday, November 12th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $0.97 per share for the quarter, down from their previous estimate of $1.07. The consensus estimate for Terex's current full-year earnings is $4.92 per share. Zacks Research also issued estimates for Terex's Q3 2027 earnings at $1.63 EPS, Q1 2028 earnings at $1.21 EPS, Q2 2028 earnings at $1.86 EPS and Q3 2028 earnings at $1.79 EPS.

Terex (NYSE:TEX - Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The industrial products company reported $1.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.42 by $0.08. The business had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.16 billion. Terex had a return on equity of 11.79% and a net margin of 2.64%. The company's quarterly revenue was up 58.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.50 earnings per share.

A number of other analysts also recently issued reports on the company. JPMorgan Chase & Co. dropped their price objective on shares of Terex from $68.00 to $58.00 and set a "neutral" rating for the company in a research note on Thursday, October 8th. Morgan Stanley reduced their target price on shares of Terex from $86.00 to $84.00 and set an "overweight" rating on the stock in a research note on Thursday, October 29th. Barclays raised their target price on shares of Terex from $65.00 to $70.00 and gave the stock an "overweight" rating in a report on Monday, July 20th. Citigroup dropped their price target on shares of Terex from $80.00 to $65.00 and set a "buy" rating for the company in a research note on Monday, October 12th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Terex in a research note on Thursday, October 15th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $77.10.

Terex Stock Performance

NYSE TEX opened at $57.54 on Friday. The business's 50 day moving average price is $55.94 and its 200-day moving average price is $61.72. Terex has a fifty-two week low of $41.70 and a fifty-two week high of $74.69. The company has a market cap of $6.47 billion, a P/E ratio of 29.06, a P/E/G ratio of 1.07 and a beta of 1.48. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.92 and a current ratio of 1.76.

Institutional Trading of Terex

A number of hedge funds and other institutional investors have recently bought and sold shares of TEX. AlphaGrep UK Ltd acquired a new stake in Terex during the 3rd quarter worth about $222,000. First Trust Advisors LP increased its holdings in shares of Terex by 11.0% in the third quarter. First Trust Advisors LP now owns 19,484 shares of the industrial products company's stock valued at $1,025,000 after purchasing an additional 1,932 shares during the period. Advisors Asset Management Inc. acquired a new position in shares of Terex in the third quarter valued at about $7,352,000. First Eagle Investment Management LLC acquired a new position in shares of Terex in the third quarter valued at about $11,902,000. Finally, Edgestream Partners L.P. purchased a new position in shares of Terex in the third quarter worth about $367,000. Hedge funds and other institutional investors own 92.88% of the company's stock.

Terex Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Monday, November 9th will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Monday, November 9th. Terex's dividend payout ratio is 34.34%.

About Terex

Terex Corporation designs, manufactures and supports equipment used in construction, infrastructure, utilities, materials processing and environmental services. Its products include aerial work platforms and machinery for crushing, screening, washing and conveying materials, along with equipment for waste handling and other specialized applications. The company sells equipment and aftermarket services worldwide through a portfolio of brands that includes Genie, Powerscreen, Finlay and Terex. Its customers include contractors, equipment rental companies, municipalities and businesses involved in mining, recycling and infrastructure work.

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