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S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Stock market today: Wall Street falls sharply to close out its worst week since October
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Stock market today: Wall Street falls sharply to close out its worst week since October
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Stock market today: Wall Street falls sharply to close out its worst week since October
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
NYSE:TEX

Terex (TEX) Stock Price, News & Analysis

$63.37
-0.94 (-1.46%)
(As of 04/12/2024 ET)
Today's Range
$63.04
$64.30
50-Day Range
$53.10
$65.40
52-Week Range
$42.50
$65.89
Volume
819,254 shs
Average Volume
700,940 shs
Market Capitalization
$4.27 billion
P/E Ratio
8.35
Dividend Yield
1.07%
Price Target
$65.08

Terex MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
2.7% Upside
$65.08 Price Target
Short Interest
Healthy
2.88% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.00
Upright™ Environmental Score
News Sentiment
0.39mentions of Terex in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$8.08 M Sold Last Quarter
Proj. Earnings Growth
1.73%
From $6.95 to $7.07 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.48 out of 5 stars

Industrial Products Sector

70th out of 510 stocks

Industrial Trucks & Tractors Industry

1st out of 6 stocks

TEX stock logo

About Terex Stock (NYSE:TEX)

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. Its products are used in construction, infrastructure, and recycling projects; quarrying and mining, and material handling applications; maintenance applications to lift equipment or material; and landscaping and biomass production industries. The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers under the Terex and Genie brands. Its products include portable material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, and scissor lifts, as well as related components and replacement parts for construction and maintenance of industrial, commercial, institutional, and residential buildings and facilities, transmission and distribution lines, construction and foundation drilling applications, and other commercial operations, as well as in tree trimming and various infrastructure projects. The company offers financing solutions to assist customers in the rental, leasing, and acquisition of its products. Terex Corporation was founded in 1933 and is based in Norwalk, Connecticut.

TEX Stock Price History

TEX Stock News Headlines

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Terex (NYSE:TEX) Sets New 52-Week High at $65.80
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Terex (TEX) Stock Moves -0.82%: What You Should Know
TEX Apr 2024 60.000 call
TEX Apr 2024 46.000 put
TEX Oct 2024 60.000 call
Forecasting The Future: 7 Analyst Projections For Terex
Terex goes ex-dividend tomorrow
Terex Corp.
See More Headlines
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Company Calendar

Last Earnings
2/09/2024
Ex-Dividend for 3/19 Dividend
3/07/2024
Dividend Payable
3/19/2024
Today
4/12/2024
Next Earnings (Confirmed)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Industrial trucks & tractors
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
88077910
Employees
10,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$65.08
High Stock Price Target
$80.00
Low Stock Price Target
$57.00
Potential Upside/Downside
+2.7%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
12 Analysts

Profitability

Net Income
$518 million
Pretax Margin
11.25%

Debt

Sales & Book Value

Annual Sales
$5.15 billion
Cash Flow
$7.86 per share
Book Value
$24.85 per share

Miscellaneous

Free Float
65,689,000
Market Cap
$4.27 billion
Optionable
Optionable
Beta
1.64
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TEX Stock Analysis - Frequently Asked Questions

Should I buy or sell Terex stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Terex in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TEX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TEX, but not buy additional shares or sell existing shares.
View TEX analyst ratings
or view top-rated stocks.

What is Terex's stock price target for 2024?

12 brokerages have issued twelve-month price targets for Terex's stock. Their TEX share price targets range from $57.00 to $80.00. On average, they predict the company's share price to reach $65.08 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price.
View analysts price targets for TEX
or view top-rated stocks among Wall Street analysts.

How have TEX shares performed in 2024?

Terex's stock was trading at $57.46 on January 1st, 2024. Since then, TEX shares have increased by 10.3% and is now trading at $63.37.
View the best growth stocks for 2024 here
.

When is Terex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our TEX earnings forecast
.

How can I listen to Terex's earnings call?

Terex will be holding an earnings conference call on Friday, April 26th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Terex's earnings last quarter?

Terex Co. (NYSE:TEX) released its quarterly earnings data on Friday, February, 9th. The industrial products company reported $1.41 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.41. The industrial products company had revenue of $1.22 billion for the quarter, compared to analysts' expectations of $1.23 billion. Terex had a trailing twelve-month return on equity of 32.89% and a net margin of 10.06%. Terex's revenue was up .4% on a year-over-year basis. During the same quarter last year, the business earned $1.34 earnings per share.

How often does Terex pay dividends? What is the dividend yield for Terex?

Terex announced a quarterly dividend on Thursday, February 8th. Investors of record on Friday, March 8th will be paid a dividend of $0.17 per share on Tuesday, March 19th. This represents a $0.68 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date is Thursday, March 7th.
Read our dividend analysis for TEX
.

Is Terex a good dividend stock?

Terex (NYSE:TEX) pays an annual dividend of $0.68 per share and currently has a dividend yield of 1.04%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TEX will have a dividend payout ratio of 9.62% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TEX.

How will Terex's stock buyback program work?

Terex declared that its Board of Directors has authorized a stock repurchase program on Monday, December 19th 2022, which authorizes the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board believes its shares are undervalued.

What guidance has Terex issued on next quarter's earnings?

Terex updated its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of 6.850-7.250 for the period, compared to the consensus earnings per share estimate of 7.080. The company issued revenue guidance of $5.1 billion-$5.3 billion, compared to the consensus revenue estimate of $5.2 billion.

What is John L. Garrison, Jr's approval rating as Terex's CEO?

99 employees have rated Terex Chief Executive Officer John L. Garrison, Jr on Glassdoor.com. John L. Garrison, Jr has an approval rating of 76% among the company's employees.

What other stocks do shareholders of Terex own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Terex investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Charles Schwab (SCHW), Micron Technology (MU), Accenture (ACN), Zoetis (ZTS) and AutoZone (AZO).

Who are Terex's major shareholders?

Terex's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Curated Wealth Partners LLC (0.00%), Los Angeles Capital Management LLC (0.04%), Shilanski & Associates Inc. (0.04%), Range Financial Group LLC (0.02%), Liberty Capital Management Inc. (0.01%) and Westend Capital Management LLC (0.00%). Insiders that own company stock include Amy George, Andra Rush, David A Sachs, David A Sachs, John D Sheehan, John L Garrison Jr, Joshua Gross, Julie A Beck, Kieran Hegarty, Paula H Cholmondeley, Scott Posner, Simon Meester and Stephen Johnston.
View institutional ownership trends
.

How do I buy shares of Terex?

Shares of TEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:TEX) was last updated on 4/13/2024 by MarketBeat.com Staff

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