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NYSE:TEXTerex Stock Price, Forecast & News

$18.53
+0.32 (+1.76 %)
(As of 07/7/2020 04:00 PM ET)
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Today's Range
$18.15
Now: $18.53
$18.95
50-Day Range
$13.79
MA: $17.72
$21.65
52-Week Range
$11.54
Now: $18.53
$33.49
Volume620,200 shs
Average Volume1.08 million shs
Market Capitalization$1.28 billion
P/E Ratio13.83
Dividend Yield2.59%
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. 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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Beat the Market (BTM) Rank

Analyst Opinion: 2.9Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.26 out of 5 stars


Industry, Sector and Symbol

Industry Industrial trucks & tractors
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
CUSIP88077910
Phone203-222-7170

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.35 billion
Cash Flow$4.04 per share
Book Value$13.08 per share

Profitability

Net Income$54.40 million

Miscellaneous

Employees9,500
Market Cap$1.28 billion
Next Earnings Date7/30/2020 (Confirmed)
OptionableOptionable

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Terex (NYSE:TEX) Frequently Asked Questions

How has Terex's stock been impacted by COVID-19 (Coronavirus)?

Terex's stock was trading at $16.32 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TEX shares have increased by 13.5% and is now trading at $18.53. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Terex?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Terex in the last year. There are currently 4 sell ratings, 10 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Terex.

When is Terex's next earnings date?

Terex is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for Terex.

How can I listen to Terex's earnings call?

Terex will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Terex's earnings last quarter?

Terex Co. (NYSE:TEX) posted its earnings results on Thursday, April, 30th. The industrial products company reported ($0.35) earnings per share for the quarter, missing the consensus estimate of ($0.05) by $0.30. The industrial products company had revenue of $833.60 million for the quarter, compared to analysts' expectations of $866.77 million. Terex had a return on equity of 17.04% and a net margin of 2.37%. Terex's quarterly revenue was down 26.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.87 earnings per share. View Terex's earnings history.

How often does Terex pay dividends? What is the dividend yield for Terex?

Terex declared a quarterly dividend on Wednesday, February 12th. Investors of record on Friday, March 6th will be given a dividend of $0.12 per share on Thursday, March 19th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date of this dividend is Thursday, March 5th. This is an increase from Terex's previous quarterly dividend of $0.11. View Terex's dividend history.

How will Terex's stock buyback program work?

Terex declared that its board has authorized a share repurchase program on Thursday, July 12th 2018, which allows the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 8.7% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.

What price target have analysts set for TEX?

15 equities research analysts have issued 12-month target prices for Terex's stock. Their forecasts range from $9.00 to $44.00. On average, they anticipate Terex's stock price to reach $21.08 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price. View analysts' price targets for Terex.

Has Terex been receiving favorable news coverage?

Media stories about TEX stock have been trending negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news 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 media sentiment score of -2.1 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Terex.

Are investors shorting Terex?

Terex saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 3,610,000 shares, a drop of 21.5% from the May 31st total of 4,600,000 shares. Based on an average trading volume of 1,320,000 shares, the short-interest ratio is presently 2.7 days. Currently, 5.5% of the shares of the company are short sold. View Terex's Current Options Chain.

Who are some of Terex's key competitors?

What other stocks do shareholders of Terex own?

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

Who are Terex's key executives?

Terex's management team includes the following 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)

What is Terex's stock symbol?

Terex trades on the New York Stock Exchange (NYSE) under the ticker symbol "TEX."

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 $18.53.

How big of a company is Terex?

Terex has a market capitalization of $1.28 billion and generates $4.35 billion in revenue each year. The industrial products company earns $54.40 million in net income (profit) each year or $3.25 on an earnings per share basis. Terex employs 9,500 workers across the globe.

What is Terex's official website?

The official website for Terex is 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]

This page was last updated on 7/8/2020 by MarketBeat.com Staff

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