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

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$31.73 -1.04 (-3.17 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$31.73
Today's Range$31.49 - $32.62
52-Week Range$25.47 - $45.47
Volume1.10 million shs
Average Volume1.22 million shs
Market Capitalization$2.23 billion
P/E Ratio11.71
Dividend Yield1.34%
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 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

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$5.13 billion
Cash Flow$3.5256 per share
Book Value$11.68 per share

Profitability

Net Income$113.70 million

Miscellaneous

Employees11,700
Market Cap$2.23 billion
Next Earnings Date5/7/2019 (Estimated)
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 Monday, February 4th. Investors of record on Friday, March 8th will be given a dividend of $0.11 per share on Tuesday, March 19th. This represents a $0.44 annualized dividend and a yield of 1.39%. The ex-dividend date of this dividend is Thursday, March 7th. This is a boost from Terex's previous quarterly dividend of $0.10. View Terex's Dividend History.

How will Terex's stock buyback program work?

Terex declared that its Board of Directors has approved a share buyback program on Thursday, July 12th 2018, which permits the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 8.7% of its shares through open market purchases. Shares buyback programs 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 quarterly earnings results on Monday, February, 25th. The industrial products company reported $0.51 EPS for the quarter, topping the Zacks' consensus estimate of $0.46 by $0.05. The industrial products company had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.20 billion. Terex had a return on equity of 21.60% and a net margin of 2.22%. The firm's revenue was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.33 EPS. View Terex's Earnings History.

When is Terex's next earnings date?

Terex is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Terex.

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

Terex updated its FY19 earnings guidance on Monday, February, 25th. The company provided earnings per share guidance of $3.60-4.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.41.

What price target have analysts set for TEX?

17 Wall Street analysts have issued 1-year price targets for Terex's stock. Their forecasts range from $28.00 to $52.00. On average, they anticipate Terex's stock price to reach $38.9091 in the next twelve months. This suggests a possible upside of 22.6% 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?

News coverage about TEX stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Terex earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term.

Who are some of Terex's key competitors?

What other stocks do shareholders of Terex own?

Who are Terex's key executives?

Terex's management team includes the folowing 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)

Who are Terex's major shareholders?

Terex's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.95%), Dimensional Fund Advisors LP (4.51%), Prudential PLC (3.55%), Fisher Asset Management LLC (3.03%), Barrow Hanley Mewhinney & Strauss LLC (2.97%) and LSV Asset Management (2.18%). Company insiders that own Terex stock include Brian J Henry, David A Sachs, Eric I Cohen, George Ellis, John D Sheehan, 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 institutional investors are selling Terex stock?

TEX stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Bank of New York Mellon Corp, First Trust Advisors LP, Jennison Associates LLC, BlackRock Inc., Dimensional Fund Advisors LP, Mackay Shields LLC and Bank of Montreal Can. 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, Paula H Cholmondeley and Steve Filipov. View Insider Buying and Selling for Terex.

Which institutional investors are buying Terex stock?

TEX stock was purchased by a variety of institutional investors in the last quarter, including LSV Asset Management, Norges Bank, Oregon Public Employees Retirement Fund, Barrow Hanley Mewhinney & Strauss LLC, Prudential PLC, Canada Pension Plan Investment Board, QS Investors LLC and Connor Clark & Lunn Investment Management Ltd.. Company insiders that have bought Terex stock in the last two years include Brian J Henry, David A Sachs, George Ellis, John D Sheehan, 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 $31.73.

How big of a company is Terex?

Terex has a market capitalization of $2.23 billion and generates $5.13 billion in revenue each year. The industrial products company earns $113.70 million in net income (profit) each year or $2.71 on an earnings per share basis. Terex employs 11,700 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:  484 (Vote Outperform)
Underperform Votes:  572 (Vote Underperform)
Total Votes:  1,056
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 3/23/2019 by MarketBeat.com Staff

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