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NYSE:TEXTerex Stock Price, Forecast & News

$14.16
-0.20 (-1.39 %)
(As of 05/22/2020 04:00 PM ET)
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Today's Range
$13.81
Now: $14.16
$14.40
50-Day Range
$12.48
MA: $14.15
$16.34
52-Week Range
$11.54
Now: $14.16
$33.49
Volume581,583 shs
Average Volume1.33 million shs
Market Capitalization$981.29 million
P/E Ratio10.57
Dividend Yield3.39%
Beta1.62
Terex Corporation manufactures and sells aerial work platforms, cranes, and materials processing machinery worldwide. The company operates through three segments: Aerial Work Platforms (AWP), Cranes, and Material Processing (MP). The AWP segment engages in the design, manufacture, service, and market of AWP equipment, telehandlers, and light towers, as well as related components and replacement parts under the Terex and Genie brands to construct and maintain industrial, commercial, and residential buildings and facilities, and for other commercial operations, as well as used in infrastructure projects. The Cranes segment designs, manufactures, services, refurbishes, and markets mobile telescopic and lattice boom crawler cranes, tower cranes, and utility equipment, as well as related components and replacement parts under the Terex and Demag brand names for the construction, repair, and maintenance of commercial buildings, manufacturing facilities, construction and maintenance of utility and telecommunication lines, tree trimming, and certain construction and foundation drilling applications, as well as for infrastructure projects. The MP segment engages in the design, manufacture, and marketing of crushers, washing systems, screens, apron feeders, material handlers, wood processing, biomass and recycling equipment, concrete mixer trucks and pavers, and related components and replacement parts. This segment's products are used in construction, infrastructure, and recycling projects; various quarrying and mining, and material handling applications; and building roads and bridges, as well as landscaping and biomass production industries. The company also provides financing solutions to assist customers in the rental, leasing, and acquisition of its products. Terex Corporation was founded in 1925 and is based in Westport, Connecticut.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.9Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.23 out of 5 stars


Industry, Sector and Symbol

Industry Industrial trucks & tractors
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorIndustrial Products
CUSIP88077910
Phone203-222-7170

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.35 billion
Cash Flow$3.97 per share
Book Value$11.35 per share

Profitability

Net Income$54.40 million

Miscellaneous

Employees9,500
Market Cap$981.29 million
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

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Terex (NYSE:TEX) Frequently Asked Questions

How has Terex's stock been impacted by COVID-19 (Coronavirus)?

Terex's stock was trading at $16.32 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TEX stock has decreased by 13.2% and is now trading at $14.16. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Terex?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Terex in the last year. There are currently 4 sell ratings, 11 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Terex.

When is Terex's next earnings date?

Terex is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Terex.

How were Terex's earnings last quarter?

Terex Co. (NYSE:TEX) issued its earnings results on Thursday, April, 30th. The industrial products company reported ($0.35) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.05) by $0.30. The industrial products company earned $833.60 million during the quarter, compared to the consensus estimate of $866.77 million. Terex had a return on equity of 17.04% and a net margin of 2.37%. The company's quarterly revenue was down 26.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.87 earnings per share. View Terex's earnings history.

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

Terex announced a quarterly dividend on Wednesday, February 12th. Stockholders of record on Friday, March 6th will be given a dividend of $0.12 per share on Thursday, March 19th. This represents a $0.48 annualized dividend and a yield of 3.39%. The ex-dividend date of this dividend is Thursday, March 5th. This is a positive change from Terex's previous quarterly dividend of $0.11. View Terex's dividend history.

How will Terex's stock buyback program work?

Terex declared that its Board of Directors has initiated a share repurchase plan on Thursday, July 12th 2018, which authorizes the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 8.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

What price target have analysts set for TEX?

16 equities research analysts have issued twelve-month price objectives for Terex's shares. Their forecasts range from $9.00 to $44.00. On average, they expect Terex's share price to reach $21.71 in the next twelve months. This suggests a possible upside of 53.3% from the stock's current price. View analysts' price targets for Terex.

Has Terex been receiving favorable news coverage?

News coverage about TEX stock has trended extremely negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Terex earned a media sentiment score of -4.6 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutTerex.

Are investors shorting Terex?

Terex saw a decline in short interest in May. As of May 15th, there was short interest totaling 4,180,000 shares, a decline of 7.1% from the April 30th total of 4,500,000 shares. Based on an average daily volume of 1,280,000 shares, the short-interest ratio is currently 3.3 days. Approximately 6.3% of the company's shares are short sold. View Terex's Current Options Chain.

Who are some of Terex's key competitors?

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), Apache (APA), Aegean Marine Petroleum Network (ANW), Charles Schwab (SCHW), Micron Technology (MU), Accenture (ACN), Primo Water (PRMW), Zoetis (ZTS) and AutoZone (AZO).

Who are Terex's key executives?

Terex's management team includes the following people:
  • Mr. John L. Garrison Jr., Chairman, Pres & CEO (Age 58)
  • Mr. John D. Sheehan, Sr. VP & CFO (Age 57)
  • Mr. Eric I. Cohen, Sr. VP, Gen. Counsel & Sec. (Age 61)
  • Mr. Stoyan Filipov, Pres of Terex Cranes (Age 51)
  • Mr. Matthew S. Fearon, Pres of Terex Aerial Work Platforms (Age 58)

What is Terex's stock symbol?

Terex trades on the New York Stock Exchange (NYSE) under the ticker symbol "TEX."

Who are Terex's major shareholders?

Terex's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.52%), Pzena Investment Management LLC (6.67%), Fuller & Thaler Asset Management Inc. (5.37%), Nuveen Asset Management LLC (4.75%), State Street Corp (3.19%) and Alliancebernstein L.P. (3.01%). Company insiders that own Terex stock include Amy George, Andra Rush, Brian J Henry, David A Sachs, Eric I Cohen, International Master F Marcato, John D Sheehan, John L Garrison Jr, Kevin A Barr, Kieran Hegarty, Matthew Fearon, Paula H Cholmondeley and Steve Filipov. View institutional ownership trends for Terex.

Which institutional investors are selling Terex stock?

TEX stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, Nuveen Asset Management LLC, Alliancebernstein L.P., TCW Group Inc., BlackRock Inc., Morgan Stanley, Fisher Asset Management LLC, and Squarepoint Ops LLC. Company insiders that have sold Terex company stock in the last year include Brian J Henry, International Master F Marcato, Kevin A Barr, and Matthew Fearon. View insider buying and selling activity for Terex.

Which institutional investors are buying Terex stock?

TEX stock was acquired by a variety of institutional investors in the last quarter, including Fuller & Thaler Asset Management Inc., Deprince Race & Zollo Inc., JPMorgan Chase & Co., Russell Investments Group Ltd., AQR Capital Management LLC, Federated Hermes Inc., Pzena Investment Management LLC, and State Street Corp. Company insiders that have bought Terex stock in the last two years include Amy George, Andra Rush, Brian J Henry, David A Sachs, John D Sheehan, John L Garrison Jr, Kevin A Barr, and Kieran Hegarty. View insider buying and selling activity for Terex.

How do I buy shares of Terex?

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

What is Terex's stock price today?

One share of TEX stock can currently be purchased for approximately $14.16.

How big of a company is Terex?

Terex has a market capitalization of $981.29 million and generates $4.35 billion in revenue each year. The industrial products company earns $54.40 million in net income (profit) each year or $3.25 on an earnings per share basis. Terex employs 9,500 workers across the globe.

What is Terex's official website?

The official website for Terex is www.terex.com.

How can I contact Terex?

Terex's mailing address is 200 NYALA FARM ROAD, WESTPORT CT, 06880. The industrial products company can be reached via phone at 203-222-7170 or via email at [email protected]

This page was last updated on 5/24/2020 by MarketBeat.com Staff

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