NYSE:TEX - Terex Stock Price, News, & Analysis

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$38.35 +0.62 (+1.64 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$38.35
Today's Range$37.50 - $38.45
52-Week Range$35.30 - $50.17
Volume812,852 shs
Average Volume1.53 million shs
Market Capitalization$2.79 billion
P/E Ratio28.41
Dividend Yield1.08%
Beta1.62
Terex logoTerex 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 under the Terex, Powerscreen, Fuchs, Evoquip, and CBI brands, as well as the Terex name in conjunction with certain historic brand names. 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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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Industrial trucks & tractors
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorIndustrial Products
SymbolNYSE:TEX
CUSIP88077910
Phone203-222-7170

Debt

Debt-to-Equity Ratio1.15
Current Ratio2.11
Quick Ratio1.19

Price-To-Earnings

Trailing P/E Ratio28.41
Forward P/E Ratio13.22
P/E Growth0.56

Sales & Book Value

Annual Sales$4.36 billion
Price / Sales0.65
Cash Flow$2.3470 per share
Price / Cash16.34
Book Value$14.54 per share
Price / Book2.64

Profitability

EPS (Most Recent Fiscal Year)$1.35
Net Income$128.70 million
Net Margins2.91%
Return on Equity16.66%
Return on Assets5.58%

Miscellaneous

Employees10,700
Outstanding Shares73,700,000
Market Cap$2.79 billion

Terex (NYSE:TEX) Frequently Asked Questions

What is Terex's stock symbol?

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

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

Terex declared a quarterly dividend on Thursday, July 12th. Shareholders of record on Thursday, August 9th will be given a dividend of $0.10 per share on Wednesday, September 19th. This represents a $0.40 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend is Wednesday, August 8th. View Terex's Dividend History.

How will Terex's stock buyback program work?

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

How were Terex's earnings last quarter?

Terex Co. (NYSE:TEX) announced its quarterly earnings data on Tuesday, July, 31st. The industrial products company reported $0.98 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.90 by $0.08. The industrial products company earned $1.40 billion during the quarter, compared to analyst estimates of $1.40 billion. Terex had a return on equity of 16.66% and a net margin of 2.91%. View Terex's Earnings History.

When is Terex's next earnings date?

Terex is scheduled to release their next quarterly earnings announcement on Tuesday, October, 30th 2018. View Earnings Estimates for Terex.

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

Terex updated its FY18 earnings guidance on Tuesday, July, 31st. The company provided earnings per share (EPS) guidance of $2.80-3.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.90.

What price target have analysts set for TEX?

18 Wall Street analysts have issued twelve-month target prices for Terex's shares. Their predictions range from $38.00 to $62.00. On average, they anticipate Terex's stock price to reach $45.75 in the next year. This suggests a possible upside of 19.3% from the stock's current price. View Analyst Price Targets for Terex.

What is the consensus analysts' recommendation for Terex?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Terex in the last year. There are currently 3 sell ratings, 8 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Terex.

Who are some of Terex's key competitors?

Who are Terex's key executives?

Terex's management team includes the folowing people:
  • Mr. John L. Garrison Jr., Pres, CEO & Director (Age 57)
  • Mr. John D. Sheehan, Sr. VP & CFO (Age 56)
  • Mr. Eric I. Cohen, Sr. VP, Gen. Counsel & Sec. (Age 60)
  • Mr. Stoyan Filipov, Pres of Terex Cranes (Age 50)
  • Mr. Matthew S. Fearon, Pres of Terex Aerial Work Platforms (Age 57)

Has Terex been receiving favorable news coverage?

Headlines about TEX stock have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Terex earned a coverage optimism score of 0.17 on Accern's scale. They also assigned news headlines about the industrial products company an impact score of 46.83 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Terex.

Who are Terex's major shareholders?

Terex's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.46%), Dimensional Fund Advisors LP (5.30%), Pzena Investment Management LLC (4.30%), Morgan Stanley (4.34%), TCW Group Inc. (3.15%) and Fuller & Thaler Asset Management Inc. (2.44%). Company insiders that own Terex stock include Brian J Henry, David A Sachs, Eric I Cohen, G Chris Andersen, George Ellis, John D Sheehan, Kenneth D Lousberg, Kevin A Barr, Kevin Bradley, Kieran Hegarty, Mark I Clair, Matthew Fearon, Paula H Cholmondeley and Steve Filipov. View Institutional Ownership Trends for Terex.

Which major investors are selling Terex stock?

TEX stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Systematic Financial Management LP, BlackRock Inc., Rhumbline Advisers, TCW Group Inc., Janus Henderson Group PLC, SG Capital Management LLC and Wells Fargo & Company MN. Company insiders that have sold Terex company stock in the last year include Brian J Henry, Eric I Cohen, Kevin A Barr, Kieran Hegarty, Mark I Clair, Matthew Fearon, Paula H Cholmondeley and Steve Filipov. View Insider Buying and Selling for Terex.

Which major investors are buying Terex stock?

TEX stock was bought by a variety of institutional investors in the last quarter, including Fort Washington Investment Advisors Inc. OH, Bank of Montreal Can, Bank of New York Mellon Corp, Connor Clark & Lunn Investment Management Ltd., Mackay Shields LLC, Pzena Investment Management LLC, Intrinsic Edge Capital Management LLC and American Century Companies Inc.. Company insiders that have bought Terex stock in the last two years include Brian J Henry, David A Sachs, George Ellis, John D Sheehan, Kenneth D Lousberg, Kevin A Barr and Kevin Bradley. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Terex's stock price today?

One share of TEX stock can currently be purchased for approximately $38.35.

How big of a company is Terex?

Terex has a market capitalization of $2.79 billion and generates $4.36 billion in revenue each year. The industrial products company earns $128.70 million in net income (profit) each year or $1.35 on an earnings per share basis. Terex employs 10,700 workers across the globe.

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]


MarketBeat Community Rating for Terex (NYSE TEX)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  449 (Vote Outperform)
Underperform Votes:  517 (Vote Underperform)
Total Votes:  966
MarketBeat's community ratings are surveys of what our community members think about Terex and other stocks. Vote "Outperform" if you believe TEX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TEX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2018 by MarketBeat.com Staff

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