What is Zacks Research's Estimate for Terex Q2 Earnings?

Key Points

• Zacks Research has raised Terex Corporation's Q2 2027 earnings per share estimate to $1.27, indicating growth from the previous estimate of $1.25.
• Terex reported a quarterly earnings of $1.49 per share, exceeding consensus estimates, with revenues increasing by 7.6% compared to the same quarter last year.
• The company declared a quarterly dividend of $0.17, representing an annualized yield of 1.3%.

Terex Corporation (NYSE:TEX - Free Report) - Stock analysts at Zacks Research boosted their Q2 2027 EPS estimates for Terex in a research report issued on Monday, September 15th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $1.27 for the quarter, up from their previous forecast of $1.25. The consensus estimate for Terex's current full-year earnings is $4.83 per share.

Terex (NYSE:TEX - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.05. The business had revenue of $1.49 billion during the quarter, compared to analysts' expectations of $1.46 billion. Terex had a net margin of 3.46% and a return on equity of 15.95%. The business's revenue was up 7.6% on a year-over-year basis. During the same period last year, the firm posted $2.16 earnings per share. Terex has set its FY 2025 guidance at 4.700-5.100 EPS.

Several other research firms have also recently issued reports on TEX. Wall Street Zen upgraded shares of Terex from a "hold" rating to a "buy" rating in a report on Friday, August 22nd. UBS Group increased their price objective on shares of Terex from $48.00 to $52.00 and gave the company a "neutral" rating in a report on Thursday, July 10th. The Goldman Sachs Group upgraded shares of Terex from a "neutral" rating to a "buy" rating and upped their price target for the company from $45.00 to $60.00 in a research report on Tuesday, May 27th. Truist Financial set a $62.00 price target on shares of Terex in a report on Monday, August 4th. Finally, JPMorgan Chase & Co. raised their price target on shares of Terex from $43.00 to $50.00 and gave the company a "neutral" rating in a report on Tuesday, June 10th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $52.22.

Terex Price Performance

Shares of Terex stock traded down $1.34 on Wednesday, hitting $52.03. The company had a trading volume of 1,502,568 shares, compared to its average volume of 729,526. The business has a 50-day simple moving average of $50.88 and a 200-day simple moving average of $45.15. The company has a debt-to-equity ratio of 1.31, a current ratio of 2.08 and a quick ratio of 1.11. The company has a market cap of $3.41 billion, a PE ratio of 19.41, a PEG ratio of 5.24 and a beta of 1.65. Terex has a 52 week low of $31.53 and a 52 week high of $58.66.

Institutional Trading of Terex

Several institutional investors have recently made changes to their positions in TEX. UMB Bank n.a. boosted its position in shares of Terex by 83.0% during the 1st 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 in the last quarter. Rise Advisors LLC boosted its position in shares of Terex by 65.3% during the 2nd quarter. Rise Advisors LLC now owns 610 shares of the industrial products company's stock valued at $28,000 after acquiring an additional 241 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position 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 valued at $28,000 after acquiring an additional 369 shares in the last quarter. Neo Ivy Capital Management bought a new position in Terex during the 4th quarter valued at about $29,000. Finally, Private Trust Co. NA lifted its holdings in Terex by 128.0% during the 1st quarter. Private Trust Co. NA now owns 773 shares of the industrial products company's stock valued at $29,000 after purchasing an additional 434 shares during the last quarter. 92.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Terex

In other news, VP Scott Posner sold 5,000 shares of Terex stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $50.50, for a total transaction of $252,500.00. Following the sale, the vice president directly owned 70,308 shares in the company, valued at approximately $3,550,554. The trade was a 6.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.90% of the company's stock.

Terex Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Monday, August 11th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.3%. The ex-dividend date was Monday, August 11th. Terex's dividend payout ratio (DPR) is currently 25.37%.

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.