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

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$28.14 -0.21 (-0.74 %)
(As of 12/11/2018 08:31 AM ET)
Previous Close$28.35
Today's Range$27.98 - $28.74
52-Week Range$27.97 - $50.17
Volume2.49 million shs
Average Volume1.20 million shs
Market Capitalization$2.09 billion
P/E Ratio20.84
Dividend Yield1.41%
Beta1.61
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 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
Current SymbolNYSE:TEX
Previous Symbol
CUSIP88077910
Phone203-222-7170

Debt

Debt-to-Equity Ratio1.16
Current Ratio2.22
Quick Ratio1.14

Price-To-Earnings

Trailing P/E Ratio20.84
Forward P/E Ratio10.62
P/E Growth0.3

Sales & Book Value

Annual Sales$4.36 billion
Price / Sales0.48
Cash Flow$2.3009 per share
Price / Cash Flow12.23
Book Value$14.54 per share
Price / Book1.94

Profitability

EPS (Most Recent Fiscal Year)$1.35
Net Income$128.70 million
Net Margins2.42%
Return on Equity18.86%
Return on Assets5.88%

Miscellaneous

Employees10,700
Outstanding Shares73,700,000
Market Cap$2.09 billion
OptionableOptionable

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 Friday, October 12th. Stockholders of record on Friday, November 9th will be given a dividend of $0.10 per share on Wednesday, December 19th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date is Thursday, November 8th. View Terex's Dividend History.

How will Terex's stock buyback program work?

Terex announced that its Board of Directors has approved a share buyback program on Thursday, July 12th 2018, which allows the company to buyback $300,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 8.7% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

How were Terex's earnings last quarter?

Terex Co. (NYSE:TEX) posted its earnings results on Thursday, November, 1st. The industrial products company reported $0.68 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.75 by $0.07. The industrial products company earned $1.23 billion during the quarter, compared to analyst estimates of $1.28 billion. Terex had a return on equity of 18.86% and a net margin of 2.42%. The business's revenue was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.50 earnings per share. View Terex's Earnings History.

When is Terex's next earnings date?

Terex is scheduled to release their next quarterly earnings announcement on Tuesday, February 12th 2019. View Earnings Estimates for Terex.

What price target have analysts set for TEX?

17 brokerages have issued 1-year price objectives for Terex's stock. Their predictions range from $28.00 to $54.00. On average, they anticipate Terex's share price to reach $40.0909 in the next year. This suggests a possible upside of 42.5% from the stock's current price. View Analyst Price Targets for Terex.

What is the consensus analysts' recommendation for Terex?

17 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Terex.

Has Terex been receiving favorable news coverage?

Media headlines about TEX stock have trended somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Terex earned a coverage optimism score of 1.5 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.

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., Chairman, Pres & CEO (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)

Who are Terex's major shareholders?

Terex's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.55%), BlackRock Inc. (8.29%), TIAA CREF Investment Management LLC (8.27%), Dimensional Fund Advisors LP (4.77%), Pzena Investment Management LLC (4.41%) and Morgan Stanley (4.11%). 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 BlackRock Inc., AQR Capital Management LLC, TCW Group Inc., Dimensional Fund Advisors LP, Systematic Financial Management LP, Alliancebernstein L.P., Morgan Stanley and Credit Suisse AG. Company insiders that have sold Terex company stock in the last year include Brian J Henry, Eric I Cohen, Kevin A Barr, 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 acquired by a variety of institutional investors in the last quarter, including TIAA CREF Investment Management LLC, Fisher Asset Management LLC, MERIAN GLOBAL INVESTORS UK Ltd, LSV Asset Management, Fuller & Thaler Asset Management Inc., First Trust Advisors LP, WINTON GROUP Ltd and Man Group plc. 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 $28.14.

How big of a company is Terex?

Terex has a market capitalization of $2.09 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.

What is Terex's official website?

The official website for Terex is http://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]


MarketBeat Community Rating for Terex (NYSE TEX)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  472 (Vote Outperform)
Underperform Votes:  558 (Vote Underperform)
Total Votes:  1,030
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 12/11/2018 by MarketBeat.com Staff

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