Terex (TEX) to Release Earnings on Friday

Terex (NYSE:TEX - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Friday, May 2nd. Analysts expect the company to announce earnings of $0.49 per share and revenue of $1.26 billion for the quarter. Terex has set its FY 2025 guidance at 4.700-5.100 EPS.

Terex (NYSE:TEX - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The industrial products company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.76 by $0.01. Terex had a net margin of 6.54% and a return on equity of 21.99%. During the same period last year, the company earned $1.88 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 Up 1.4 %

Shares of NYSE:TEX traded up $0.46 during trading on Tuesday, hitting $33.98. 742,418 shares of the company were exchanged, compared to its average volume of 904,218. The company has a debt-to-equity ratio of 1.41, a current ratio of 2.16 and a quick ratio of 1.09. The firm's 50 day moving average price is $38.87 and its 200-day moving average price is $46.26. The stock has a market capitalization of $2.25 billion, a P/E ratio of 6.85, a PEG ratio of 4.53 and a beta of 1.40. Terex has a 12-month low of $31.53 and a 12-month high of $68.08.

Terex Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Friday, March 7th were paid a $0.17 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.68 annualized dividend and a yield of 2.00%. Terex's dividend payout ratio is presently 13.71%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on TEX shares. The Goldman Sachs Group cut their target price on Terex from $60.00 to $52.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 19th. Citigroup reduced their price objective on Terex from $45.00 to $36.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Truist Financial decreased their price objective on Terex from $58.00 to $47.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Evercore ISI cut their target price on shares of Terex from $63.00 to $59.00 and set an "outperform" rating on the stock in a report on Wednesday, February 19th. Finally, Barclays decreased their price target on shares of Terex from $60.00 to $52.00 and set an "equal weight" rating for the company in a research note on Monday, February 10th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $45.60.

Insider Transactions at Terex

In other Terex news, Director Andra Rush bought 1,325 shares of the business's stock in a transaction dated Tuesday, March 4th. The stock was acquired at an average cost of $36.96 per share, with a total value of $48,972.00. Following the purchase, the director now owns 23,308 shares in the company, valued at approximately $861,463.68. This represents a 6.03 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.90% of the company's stock.

Terex Company Profile

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.