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.
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Industry, Sector and Symbol
Industry Industrial trucks & tractors
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorIndustrial Products
Phone203-222-7170
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$5.13 billion
Profitability
Miscellaneous
Employees11,700
Next Earnings Date11/7/2019 (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 Thursday, August 1st. Stockholders of record on Monday, August 12th will be given a dividend of $0.11 per share on Thursday, September 19th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date of this dividend is Friday, August 9th. View Terex's Dividend History.
How will Terex's stock buyback program work?
Terex declared that its Board of Directors has approved a stock repurchase plan on Thursday, July 12th 2018, which authorizes the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 8.7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its shares are undervalued.
How were Terex's earnings last quarter?
Terex Co. (NYSE:TEX) released its earnings results on Monday, July, 29th. The industrial products company reported $1.21 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.34 by $0.13. The industrial products company earned $1.31 billion during the quarter, compared to the consensus estimate of $1.32 billion. Terex had a net margin of 0.29% and a return on equity of 27.40%. The company's quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.98 earnings per share. View Terex's Earnings History.
When is Terex's next earnings date?
What guidance has Terex issued on next quarter's earnings?
Terex issued an update on its FY19 earnings guidance on Monday, July, 29th. The company provided EPS guidance of $3.40-3.80 for the period, compared to the Thomson Reuters consensus estimate of $4.01. The company issued revenue guidance of approx $4.60 billion, compared to the consensus revenue estimate of $4.68 billion.
What price target have analysts set for TEX?
12 analysts have issued 12 month target prices for Terex's stock. Their forecasts range from $20.00 to $39.00. On average, they expect Terex's share price to reach $28.55 in the next year. This suggests a possible upside of 11.0% from the stock's current price. View Analyst Price Targets for Terex.
What is the consensus analysts' recommendation for Terex?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Terex in the last year. There are currently 4 sell ratings, 7 hold ratings and 1 buy rating 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 neutral this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Terex earned a news sentiment score of 0.4 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Terex.
Are investors shorting Terex?
Terex saw a drop in short interest during the month of September. As of September 15th, there was short interest totalling 6,460,000 shares, a drop of 10.5% from the August 15th total of 7,220,000 shares. Based on an average trading volume of 1,110,000 shares, the short-interest ratio is currently 5.8 days. Currently, 9.5% of the shares of the company are short sold. View Terex's Current Options Chain.
Who are some of Terex's key competitors?
Some companies that are related to Terex include Norsk Hydro ASA (NHYDY), ASAHI GLASS/ADR (ASGLY), Reliance Steel & Aluminum (RS), Xerox (XRX), Donaldson (DCI), HD Supply (HDS), Smiths Group (SMIN), Sealed Air (SEE), Middleby (MIDD), Pentair (PNR), KION GRP AG/ADR (KIGRY), Flowserve (FLS), Sonoco Products (SON), AGCO (AGCO) and Taylor Wimpey (TW).
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 variety of of retail and institutional investors. Top institutional investors include Delphi Management Inc. MA (0.05%), Pacer Advisors Inc. (0.03%), First Hawaiian Bank (0.03%), Wiley BROS. Aintree Capital LLC (0.02%), Wiley BROS. Aintree Capital LLC (0.02%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Terex stock include Brian J Henry, David A Sachs, Eric I Cohen, International Master F Marcato, John D Sheehan, Kevin A Barr, 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 Pacer Advisors Inc. and Delphi Management Inc. MA. Company insiders that have sold Terex company stock in the last year include International Master F Marcato 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 Wiley BROS. Aintree Capital LLC, Wiley BROS. Aintree Capital LLC, State of Alaska Department of Revenue, First Hawaiian Bank and Fox Run Management L.L.C.. Company insiders that have bought Terex stock in the last two years include Brian J Henry, David A Sachs, John D Sheehan and Kevin A Barr. 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, Robinhood, Fidelity and Charles Schwab.
What is Terex's stock price today?
One share of TEX stock can currently be purchased for approximately $25.72.
How big of a company is Terex?
Terex has a market capitalization of $1.83 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.View Additional Information About Terex.
What is Terex's official website?
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)
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.
