Zacks Research Issues Positive Forecast for Terex Earnings

Key Points

• Zacks Research raised its Q1 2027 EPS estimate for Terex to $1.01 (from $0.98) and kept a "Hold" rating while projecting FY2027 EPS of $5.50 and FY2028 EPS of $6.43.
• Multiple banks have recently revised targets and ratings—Citigroup and Truist moved to "Buy" with higher price targets while JPMorgan cut its target—leaving a consensus of Moderate Buy and an average price target of $70.73 (8 Buys, 5 Holds).
• Terex reported quarterly EPS of $1.12 (in line) and revenue of $1.32B (beat), set FY2026 guidance of $4.50–$5.00 EPS, and pays a quarterly dividend of $0.17 (≈1.1% yield).

Terex Corporation (NYSE:TEX - Free Report) - Analysts at Zacks Research increased their Q1 2027 earnings per share estimates for Terex in a note issued to investors on Monday, April 27th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $1.01 per share for the quarter, up from their previous estimate of $0.98. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Terex's current full-year earnings is $4.84 per share. Zacks Research also issued estimates for Terex's Q2 2027 earnings at $1.48 EPS, FY2027 earnings at $5.50 EPS, Q1 2028 earnings at $1.27 EPS and FY2028 earnings at $6.43 EPS.

Several other equities research analysts have also recently issued reports on TEX. Wells Fargo & Company boosted their price target on Terex from $56.00 to $70.00 and gave the company an "equal weight" rating in a research note on Friday, February 13th. Weiss Ratings reiterated a "hold (c)" rating on shares of Terex in a research note on Monday, April 20th. Citigroup upgraded Terex from a "neutral" rating to a "buy" rating and boosted their price target for the company from $73.00 to $75.00 in a research note on Monday, March 9th. Truist Financial boosted their price target on Terex from $72.00 to $82.00 and gave the company a "buy" rating in a research note on Thursday, February 12th. Finally, JPMorgan Chase & Co. cut their target price on Terex from $76.00 to $60.00 and set a "neutral" rating for the company in a research note on Friday, April 10th. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Terex presently has a consensus rating of "Moderate Buy" and an average price target of $70.73.

Terex Trading Down 0.1%

Shares of TEX stock opened at $62.55 on Tuesday. The company has a current ratio of 2.30, a quick ratio of 1.36 and a debt-to-equity ratio of 1.23. The stock has a market cap of $7.11 billion, a P/E ratio of 18.78, a price-to-earnings-growth ratio of 1.27 and a beta of 1.64. The stock has a 50 day simple moving average of $62.46 and a 200 day simple moving average of $56.95. Terex has a 1 year low of $34.25 and a 1 year high of $71.50.

Terex (NYSE:TEX - Get Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.12. The business had revenue of $1.32 billion during the quarter, compared to analysts' expectations of $1.30 billion. Terex had a return on equity of 16.51% and a net margin of 4.08%.The firm's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.77 earnings per share. Terex has set its FY 2026 guidance at 4.500-5.00 EPS.

Terex Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, March 6th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, March 6th. Terex's dividend payout ratio (DPR) is currently 20.42%.

Insider Buying and Selling at Terex

In other Terex news, insider Kieran Hegarty sold 11,980 shares of the firm's 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 sale, the insider owned 173,495 shares of the company's stock, valued at approximately $12,012,793.80. This trade represents a 6.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.90% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TEX. Smartleaf Asset Management LLC lifted its stake in shares of Terex by 565.8% in the 3rd quarter. Smartleaf Asset Management LLC now owns 486 shares of the industrial products company's stock valued at $25,000 after acquiring an additional 413 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Terex by 167.0% in 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 during the last quarter. Strs Ohio bought a new position in shares of Terex in the 1st quarter valued at $30,000. Capital Advisors Ltd. LLC lifted its stake in shares of Terex by 856.2% in the 1st quarter. Capital Advisors Ltd. LLC now owns 851 shares of the industrial products company's stock valued at $50,000 after acquiring an additional 762 shares during the last quarter. Finally, UMB Bank n.a. lifted its stake in shares of Terex by 15.0% in the 4th quarter. UMB Bank n.a. now owns 1,451 shares of the industrial products company's stock valued at $77,000 after acquiring an additional 189 shares during the last quarter. 92.88% of the stock is currently owned by institutional investors.

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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