Zacks Research Has Negative Outlook for Terex Q2 Earnings

Terex Corporation (NYSE:TEX - Free Report) - Equities researchers at Zacks Research decreased their Q2 2026 earnings estimates for Terex in a research report issued to clients and investors on Thursday, June 19th. Zacks Research analyst M. Das now expects that the industrial products company will post earnings per share of $1.45 for the quarter, down from their previous estimate of $1.48. The consensus estimate for Terex's current full-year earnings is $4.83 per share. Zacks Research also issued estimates for Terex's Q4 2026 earnings at $1.16 EPS.

Terex (NYSE:TEX - Get Free Report) last issued its quarterly earnings results on Friday, May 2nd. The industrial products company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.57 by $0.26. Terex had a net margin of 4.89% and a return on equity of 18.79%. The business had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.26 billion. During the same quarter last year, the company posted $1.60 earnings per share. The company's quarterly revenue was down 4.9% compared to the same quarter last year.

A number of other equities analysts have also recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of Terex from $43.00 to $50.00 and gave the stock a "neutral" rating in a report on Tuesday, June 10th. The Goldman Sachs Group raised shares of Terex from a "neutral" rating to a "buy" rating and raised their target price for the stock from $45.00 to $60.00 in a report on Tuesday, May 27th. Evercore ISI raised their target price on shares of Terex from $59.00 to $62.00 and gave the stock an "outperform" rating in a report on Monday, May 19th. Morgan Stanley cut their target price on shares of Terex from $43.00 to $30.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Finally, Truist Financial raised their target price on shares of Terex from $47.00 to $50.00 and gave the stock a "buy" rating in a report on Monday, May 5th. Eight analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $50.90.

Terex Stock Performance

NYSE TEX traded up $1.60 during trading hours on Monday, reaching $47.70. The company's stock had a trading volume of 723,776 shares, compared to its average volume of 926,585. The company has a current ratio of 2.11, a quick ratio of 1.07 and a debt-to-equity ratio of 1.40. The business has a 50-day simple moving average of $43.31 and a 200 day simple moving average of $43.08. Terex has a 52 week low of $31.53 and a 52 week high of $68.08. The stock has a market cap of $3.16 billion, a PE ratio of 13.00, a PEG ratio of 4.85 and a beta of 1.60.

Terex Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Friday, June 6th were paid a $0.17 dividend. The ex-dividend date was Friday, June 6th. This represents a $0.68 annualized dividend and a dividend yield of 1.43%. Terex's payout ratio is currently 18.53%.

Insider Buying and Selling at Terex

In related news, insider Joshua Gross sold 5,389 shares of the firm's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $40.75, for a total transaction of $219,601.75. Following the transaction, the insider now owns 38,755 shares in the company, valued at $1,579,266.25. This trade represents 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 owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Smartleaf Asset Management LLC increased its stake in shares of Terex by 46.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 704 shares of the industrial products company's stock valued at $32,000 after acquiring an additional 222 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Terex by 0.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 36,671 shares of the industrial products company's stock valued at $1,695,000 after acquiring an additional 237 shares during the period. Barnett & Company Inc. increased its stake in shares of Terex by 4.3% during the fourth quarter. Barnett & Company Inc. now owns 7,300 shares of the industrial products company's stock valued at $337,000 after acquiring an additional 300 shares during the period. Hexagon Capital Partners LLC increased its stake in shares of Terex by 56.9% during the first quarter. Hexagon Capital Partners LLC now owns 847 shares of the industrial products company's stock valued at $32,000 after acquiring an additional 307 shares during the period. Finally, UMB Bank n.a. increased its stake in shares of Terex by 83.0% during the first quarter. UMB Bank n.a. now owns 732 shares of the industrial products company's stock valued at $28,000 after acquiring an additional 332 shares during the period. Institutional investors and hedge funds own 92.88% of the company's stock.

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.