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

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$32.86 -0.32 (-0.96 %)
(As of 10/22/2018 04:00 PM ET)
Previous Close$33.18
Today's Range$32.77 - $33.65
52-Week Range$33.03 - $50.17
Volume86,337 shs
Average Volume1.15 million shs
Market Capitalization$2.45 billion
P/E Ratio24.34
Dividend Yield1.21%
Beta1.52
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
SymbolNYSE:TEX
CUSIP88077910
Phone203-222-7170

Debt

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

Price-To-Earnings

Trailing P/E Ratio24.34
Forward P/E Ratio11.25
P/E Growth0.49

Sales & Book Value

Annual Sales$4.36 billion
Price / Sales0.56
Cash Flow$2.2947 per share
Price / Cash14.32
Book Value$14.54 per share
Price / Book2.26

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$2.45 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 announced a quarterly dividend on Friday, October 12th. Investors of record on Friday, November 9th will be paid 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 1.22%. The ex-dividend date of this dividend is Thursday, November 8th. View Terex's Dividend History.

How will Terex's stock buyback program work?

Terex declared that its board 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 repurchase up to 8.7% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its shares are undervalued.

How were Terex's earnings last quarter?

Terex Co. (NYSE:TEX) posted its earnings results on Tuesday, July, 31st. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.90 by $0.08. The industrial products company earned $1.40 billion during the quarter, compared to analysts' expectations 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 Thursday, November 1st 2018. View Earnings Estimates for Terex.

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

Terex issued an update on its FY18 earnings guidance on Tuesday, July, 31st. The company provided earnings per share 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 analysts have issued twelve-month price targets for Terex's shares. Their forecasts range from $34.00 to $62.00. On average, they expect Terex's stock price to reach $45.1818 in the next twelve months. This suggests a possible upside of 37.7% 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., 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 a variety of of retail and institutional investors. Top institutional investors include MERIAN GLOBAL INVESTORS UK Ltd (2.07%), Aperio Group LLC (0.10%), Texas Permanent School Fund (0.06%), CenturyLink Investment Management Co (0.04%), Lenox Wealth Advisors LLC (0.03%) and Louisiana State Employees Retirement System (0.02%). 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 Cornerstone Wealth Management LLC, Texas Permanent School Fund, CenturyLink Investment Management Co, Aperio Group LLC and Louisiana State Employees Retirement System. 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 purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Lenox Wealth Advisors LLC and First Hawaiian Bank. 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 $32.82.

How big of a company is Terex?

Terex has a market capitalization of $2.45 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:  467 (Vote Outperform)
Underperform Votes:  538 (Vote Underperform)
Total Votes:  1,005
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 10/22/2018 by MarketBeat.com Staff

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