Terex (TEX) Expected to Announce Earnings on Thursday

Terex (NYSE:TEX - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results before the market opens on Thursday, July 31st. Analysts expect Terex to post earnings of $1.54 per share and revenue of $1.46 billion for the quarter. Terex has set its FY 2025 guidance at 4.700-5.100 EPS.

Terex (NYSE:TEX - Get Free Report) last issued its earnings results on Friday, May 2nd. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.26. The company had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.26 billion. Terex had a net margin of 4.89% and a return on equity of 18.79%. Terex's quarterly revenue was down 4.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.60 EPS. On average, analysts expect Terex to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Terex Stock Performance

Shares of TEX stock traded up $0.27 on Friday, reaching $52.27. The stock had a trading volume of 593,604 shares, compared to its average volume of 815,214. The company has a quick ratio of 1.07, a current ratio of 2.11 and a debt-to-equity ratio of 1.40. The firm's 50-day moving average is $47.87 and its two-hundred day moving average is $43.59. The firm has a market capitalization of $3.46 billion, a price-to-earnings ratio of 14.24, a P/E/G ratio of 5.33 and a beta of 1.58. Terex has a 12 month low of $31.53 and a 12 month high of $68.08.

Terex Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 19th. Shareholders of record on Monday, August 11th will be issued a $0.17 dividend. The ex-dividend date is Monday, August 11th. This represents a $0.68 annualized dividend and a yield of 1.30%. Terex's dividend payout ratio is currently 18.53%.

Insiders Place Their Bets

In other Terex news, insider Joshua Gross sold 5,389 shares of the business's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $40.75, for a total value of $219,601.75. Following the transaction, the insider directly owned 38,755 shares in the company, valued at $1,579,266.25. The trade was a 12.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. boosted its holdings in Terex by 3.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,092,189 shares of the industrial products company's stock valued at $41,263,000 after purchasing an additional 40,077 shares during the period. Millennium Management LLC grew its position in Terex by 1,086.3% during the first quarter. Millennium Management LLC now owns 256,054 shares of the industrial products company's stock worth $9,674,000 after buying an additional 234,470 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Terex by 0.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 195,210 shares of the industrial products company's stock worth $7,375,000 after buying an additional 1,597 shares in the last quarter. Intech Investment Management LLC grew its position in Terex by 47.4% during the first quarter. Intech Investment Management LLC now owns 45,501 shares of the industrial products company's stock worth $1,719,000 after buying an additional 14,629 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in Terex by 427.2% during the first quarter. Jones Financial Companies Lllp now owns 3,506 shares of the industrial products company's stock worth $132,000 after buying an additional 2,841 shares in the last quarter. 92.88% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TEX has been the topic of several research analyst reports. The Goldman Sachs Group raised shares of Terex from a "neutral" rating to a "buy" rating and increased their price target for the company from $45.00 to $60.00 in a report on Tuesday, May 27th. Wall Street Zen raised shares of Terex from a "sell" rating to a "hold" rating in a report on Wednesday, May 21st. Truist Financial increased their price target on shares of Terex from $50.00 to $55.00 and gave the company a "buy" rating in a report on Thursday, July 3rd. Citigroup decreased their target price on shares of Terex from $45.00 to $36.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Finally, UBS Group lifted their target price on shares of Terex from $48.00 to $52.00 and gave the stock a "neutral" rating in a research note on Thursday, July 10th. Six investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Terex has a consensus rating of "Moderate Buy" and a consensus price target of $51.44.

About Terex

Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Materials Processing (MP) and Aerial Work Platforms (AWP). The MP segment designs, manufactures, services, and markets materials processing and specialty equipment, includes crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands.