Research Analysts Set Expectations for Terex Q3 Earnings

Key Points

• Zacks Research lowered Terex’s Q3 2026 EPS forecast to $1.32 from $1.40, while analysts estimate full-year 2026 earnings of $4.96 per share.
• Analyst sentiment remains positive overall, with Terex holding a consensus “Moderate Buy” rating and an average price target of $78.91, despite JPMorgan cutting its target to $68.
• Terex recently beat quarterly expectations with $1.37 EPS and $2.24 billion in revenue, while shares opened at $66.28 and the company declared a quarterly dividend of $0.17 per share.

Terex Corporation (NYSE:TEX - Free Report) - Investment analysts at Zacks Research cut their Q3 2026 EPS estimates for Terex in a research report issued on Thursday, August 13th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $1.32 per share for the quarter, down from their prior estimate of $1.40. The consensus estimate for Terex's current full-year earnings is $4.96 per share. Zacks Research also issued estimates for Terex's Q2 2027 earnings at $1.55 EPS, FY2027 earnings at $5.74 EPS and Q1 2028 earnings at $1.26 EPS.

Several other equities research analysts also recently weighed in on TEX. Truist Financial increased their price target on Terex from $92.00 to $96.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Citigroup lifted their target price on shares of Terex from $75.00 to $80.00 and gave the company a "buy" rating in a report on Tuesday, July 14th. Barclays raised their price objective on shares of Terex from $65.00 to $70.00 and gave the company an "overweight" rating in a research report on Monday, July 20th. JPMorgan Chase & Co. cut their target price on Terex from $80.00 to $68.00 and set a "neutral" rating for the company in a research note on Friday, July 31st. Finally, Evercore reissued an "outperform" rating and issued a $81.00 target price on shares of Terex in a report on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $78.91.

Terex Trading Down 2.8%

Shares of TEX stock opened at $66.28 on Friday. The company has a market capitalization of $7.57 billion, a P/E ratio of 33.81, a price-to-earnings-growth ratio of 1.04 and a beta of 1.51. The company has a current ratio of 1.82, a quick ratio of 0.93 and a debt-to-equity ratio of 0.54. The business's 50 day moving average is $66.50 and its two-hundred day moving average is $63.54. Terex has a twelve month low of $41.70 and a twelve month high of $74.69.

Terex (NYSE:TEX - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.14. Terex had a return on equity of 12.24% and a net margin of 2.23%.The firm had revenue of $2.24 billion for the quarter, compared to analysts' expectations of $2.14 billion. During the same quarter in the previous year, the firm posted $1.49 EPS. The firm's revenue for the quarter was up 50.5% on a year-over-year basis. Terex has set its FY 2026 guidance at 4.700-5.100 EPS.

Terex Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Tuesday, August 11th will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.68 annualized dividend and a yield of 1.0%. Terex's dividend payout ratio (DPR) is presently 34.69%.

Institutional Trading of Terex

A number of large investors have recently made changes to their positions in TEX. BlackRock Inc. acquired a new position in Terex in the 2nd quarter valued at about $1,063,541,000. Wellington Management Group LLP acquired a new stake in shares of Terex during the 3rd quarter worth about $121,724,000. Invesco Ltd. grew its holdings in shares of Terex by 801.3% during the third quarter. Invesco Ltd. now owns 1,603,965 shares of the industrial products company's stock worth $82,283,000 after buying an additional 1,425,996 shares in the last quarter. Schonfeld Strategic Advisors LLC acquired a new position in shares of Terex in the fourth quarter valued at approximately $69,802,000. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Terex by 11,448.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,238,924 shares of the industrial products company's stock valued at $73,220,000 after buying an additional 1,228,196 shares during the last quarter. Institutional investors and hedge funds own 92.88% of the company's stock.

Terex Company Profile

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.

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