Terex (NYSE:TEX) Shares Gap Down - Should You Sell?

Key Points

• Stock action: Terex gapped down premarket (opened $59 vs prior close $62.20) but was trading near $62.76 on volume of ~213,700 shares.
• Earnings and guidance: Terex beat estimates with $0.98 EPS (vs. $0.78) and $1.73B revenue (+41.1% YoY), and set FY2026 guidance of $4.50–5.00 EPS (sell‑side expects ~4.84).
• Analyst view and valuation: Consensus is a "Moderate Buy" with an average price target of $70.73 (individual targets $65–$100); the stock trades at ~18.6x PE, $7.03B market cap and yields about 1.1%.

Terex Corporation (NYSE:TEX - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $62.20, but opened at $59.00. Terex shares last traded at $62.7630, with a volume of 213,741 shares.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Wells Fargo & Company increased their price target on Terex from $56.00 to $70.00 and gave the stock an "equal weight" rating in a report on Friday, February 13th. Morgan Stanley reaffirmed an "overweight" rating and set a $83.00 price target on shares of Terex in a report on Tuesday, February 17th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Terex in a report on Monday, April 20th. Barclays assumed coverage on Terex in a report on Tuesday, March 31st. They set an "overweight" rating and a $65.00 price target for the company. Finally, Robert W. Baird set a $100.00 price target on Terex in a report on Thursday, February 12th. Eight investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $70.73.

Terex Price Performance

The company has a 50-day simple moving average of $62.01 and a 200-day simple moving average of $57.09. The stock has a market cap of $7.03 billion, a PE ratio of 18.64, a PEG ratio of 1.23 and a beta of 1.64. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.30 and a quick ratio of 1.36.

Terex (NYSE:TEX - Get Free Report) last released its quarterly earnings data on Friday, May 1st. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.20. The firm had revenue of $1.73 billion during the quarter, compared to analysts' expectations of $1.70 billion. Terex had a return on equity of 16.51% and a net margin of 4.08%.Terex's revenue was up 41.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.83 earnings per share. Terex has set its FY 2026 guidance at 4.500-5.000 EPS. Sell-side analysts anticipate that Terex Corporation will post 4.84 EPS for the current fiscal year.

Terex Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, March 6th were given a $0.17 dividend. The ex-dividend date was Friday, March 6th. This represents a $0.68 annualized dividend and a yield of 1.1%. Terex's dividend payout ratio is presently 20.42%.

Insider Transactions at Terex

In other Terex news, insider Kieran Hegarty sold 11,980 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $69.24, for a total value of $829,495.20. Following the completion of the transaction, the insider owned 173,495 shares in the company, valued at approximately $12,012,793.80. This represents a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.90% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in TEX. Smartleaf Asset Management LLC raised its stake in shares of Terex by 565.8% during the 3rd quarter. Smartleaf Asset Management LLC now owns 486 shares of the industrial products company's stock worth $25,000 after buying an additional 413 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Terex by 167.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 590 shares of the industrial products company's stock worth $28,000 after buying an additional 369 shares during the last quarter. Strs Ohio acquired a new position in shares of Terex during the 1st quarter worth $30,000. Capital Advisors Ltd. LLC raised its stake in shares of Terex by 856.2% during the 1st quarter. Capital Advisors Ltd. LLC now owns 851 shares of the industrial products company's stock worth $50,000 after buying an additional 762 shares during the last quarter. Finally, UMB Bank n.a. raised its stake in shares of Terex by 15.0% during the 4th quarter. UMB Bank n.a. now owns 1,451 shares of the industrial products company's stock worth $77,000 after buying an additional 189 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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