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NYSE:TEX

Terex (TEX) Stock Price, News & Analysis

$66.76
+1.07 (+1.63%)
(As of 07/26/2024 ET)
Today's Range
$66.46
$68.08
50-Day Range
$51.69
$66.76
52-Week Range
$43.70
$68.08
Volume
1.44 million shs
Average Volume
819,959 shs
Market Capitalization
$4.49 billion
P/E Ratio
8.84
Dividend Yield
1.02%
Price Target
$64.33

Terex MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
3.6% Downside
$64.33 Price Target
Short Interest
Bearish
8.10% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.93
Upright™ Environmental Score
News Sentiment
0.20mentions of Terex in the last 14 days
Based on 35 Articles This Week
Insider Trading
Selling Shares
$1.96 M Sold Last Quarter
Proj. Earnings Growth
-1.13%
From $7.08 to $7.00 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.

3.20 out of 5 stars

Industrial Products Sector

97th out of 172 stocks

Industrial Trucks & Tractors Industry

1st out of 2 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

JPMorgan Chase & Co. Raises Terex (NYSE:TEX) Price Target to $65.00
Brokers Issue Forecasts for Terex Co.'s Q4 2024 Earnings (NYSE:TEX)
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Terex (NYSE:TEX) PT Raised to $67.00 at Robert W. Baird
Terex (NYSE:TEX) Reaches New 1-Year High on Analyst Upgrade
Barclays Reaffirms Their Hold Rating on Terex (TEX)
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Truist Financial Reaffirms Their Buy Rating on Terex (TEX)
Terex (NYSE:TEX) Sees Unusually-High Trading Volume
Terex Stock Surges After Buying Dover Unit for $2B
See More Headlines
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Company Calendar

Last Earnings
2/09/2024
Ex-Dividend for 6/20 Dividend
6/06/2024
Dividend Payable
6/20/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/30/2024
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
$64.33
High Stock Price Target
$80.00
Low Stock Price Target
$55.00
Potential Upside/Downside
-4.6%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
12 Analysts

Profitability

Net Income
$518 million
Pretax Margin
11.19%

Debt

Sales & Book Value

Annual Sales
$5.15 billion
Cash Flow
$8.55 per share
Book Value
$24.85 per share

Miscellaneous

Free Float
66,021,000
Market Cap
$4.54 billion
Optionable
Optionable
Beta
1.57
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TEX Stock Analysis - Frequently Asked Questions

How have TEX shares performed this year?

Terex's stock was trading at $57.46 at the beginning of the year. Since then, TEX shares have increased by 16.2% and is now trading at $66.76.
View the best growth stocks for 2024 here
.

How were Terex's earnings last quarter?

Terex Co. (NYSE:TEX) released its earnings results on Friday, February, 9th. The industrial products company reported $1.41 EPS for the quarter, meeting the consensus estimate of $1.41. The firm's revenue for the quarter was up .4% compared to the same quarter last year.

Is Terex buying back stock?

Terex's board initiated a share buyback program on Monday, December 19th 2022, which authorizes the company to buy back $150,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its shares are undervalued.

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.

Who are Terex's major shareholders?

Terex's top institutional investors include Greenhaven Associates Inc. (2.23%), Bank of New York Mellon Corp (1.17%), Curated Wealth Partners LLC (0.26%) and Retirement Systems of Alabama (0.12%). Insiders that own company stock include John L Garrison Jr, Kieran Hegarty, Amy George, Julie A Beck, David A Sachs, Scott Posner, Simon Meester, Paula H Cholmondeley, Joshua Gross, Andra Rush, Stephen Johnston and John D Sheehan.
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.

What other stocks do shareholders of Terex own?

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

This page (NYSE:TEX) was last updated on 7/26/2024 by MarketBeat.com Staff

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