NYSE:TEX Terex (TEX) Stock Forecast, Price & News $47.69 +1.32 (+2.85%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$46.24▼$48.1150-Day Range$42.31▼$49.6852-Week Range$26.64▼$60.85Volume528,860 shsAverage Volume954,698 shsMarket Capitalization$3.23 billionP/E Ratio9.08Dividend Yield1.26%Price Target$55.45 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Terex MarketRank™ ForecastAnalyst RatingHold2.27 Rating ScoreUpside/Downside16.3% Upside$55.45 Price TargetShort InterestBearish6.51% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-4.29Upright™ Environmental ScoreNews Sentiment0.85Based on 8 Articles This WeekInsider TradingSelling Shares$1.73 M Sold Last QuarterProj. Earnings Growth1.68%From $5.96 to $6.06 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.42 out of 5 starsIndustrial Products Sector137th out of 348 stocksIndustrial Trucks & Tractors Industry1st out of 4 stocks 2.1 Analyst's Opinion Consensus RatingTerex has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 3 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $55.45, Terex has a forecasted upside of 16.3% from its current price of $47.69.Amount of Analyst CoverageTerex has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.51% of the float of Terex has been sold short.Short Interest Ratio / Days to CoverTerex has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Terex has recently decreased by 0.23%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldTerex pays a meaningful dividend of 1.25%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTerex has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Terex is 11.43%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Terex will have a dividend payout ratio of 9.90% next year. This indicates that Terex will be able to sustain or increase its dividend. Previous Next 1.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTerex has received a -33.85% net impact score from Upright. The largest negative impact of Terex in category "GHG emissions" seems to be driven mostly by its "Concrete mixing trucks", "Road rollers", "Dump trucks", "Wheel tractor-scrapers", "Woodchippers", and "Backhoe loaders" products. See details.Environmental SustainabilityThe Environmental Impact score for Terex is -4.29. Previous Next 3.2 News and Social Media Coverage News SentimentTerex has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Terex this week, compared to 5 articles on an average week.Search Interest10 people have searched for TEX on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Terex to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Terex insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,731,399.00 in company stock.Percentage Held by InsidersOnly 2.40% of the stock of Terex is held by insiders.Percentage Held by Institutions87.37% of the stock of Terex is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Terex are expected to grow by 1.68% in the coming year, from $5.96 to $6.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Terex is 9.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Terex is 9.08, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.32.Price to Earnings Growth RatioTerex has a PEG Ratio of 0.46. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioTerex has a P/B Ratio of 2.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Terex (NYSE:TEX) StockTerex Corp. engages in the manufacturing of aerial work platforms, cranes, and materials processing machinery. It operates through the Material Processing and Aerial Work Platforms segments. The Materials Processing segment designs, manufactures, services and markets materials processing and equipment, including crushers, washing systems, screens, 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 their related components and replacement parts. The Aerial Work Platforms segment designs, manufactures, services and markets aerial work platform equipment, utility equipment and telehandlers. The company was by George Arthur Armington founded in 1933 and is headquartered in Norwalk, CT.Read More Receive TEX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Terex and its competitors with MarketBeat's FREE daily newsletter. Email Address TEX Stock News HeadlinesJune 1, 2023 | finance.yahoo.comTerex to Present at Several Industrial Investor Conferences in JuneMay 31, 2023 | msn.comFriday Is Your Last Chance To Buy Terex Before The Dividend PayoutJune 2, 2023 | UNKNOWN (Ad)This NASDAQ Stock Is The Amazon Of Medical SupplyThis Little Known Company IS Quickly Becoming The Amazon Of Medical Supply. Learn More NowMay 31, 2023 | finance.yahoo.comWhy Is Terex (TEX) Down 0.8% Since Last Earnings Report?May 29, 2023 | msn.comTerex: Upgraded To Buy Rating As Valuation Has CorrectedMay 25, 2023 | msn.comUnusual Call Option Trade in Terex (TEX) Worth $219.67KMay 25, 2023 | finance.yahoo.comTEX or CAT: Which Is the Better Value Stock Right Now?May 23, 2023 | thestreet.comTerex (TEX) Stock Surges on Higher Likelihood of Zoomlion MergerJune 2, 2023 | UNKNOWN (Ad)This NASDAQ Stock Is The Amazon Of Medical SupplyThis Little Known Company IS Quickly Becoming The Amazon Of Medical Supply. Learn More NowMay 21, 2023 | msn.comTerex (TEX) Declares $0.15 DividendMay 20, 2023 | americanbankingnews.comTerex Co. (TEX) to Distribute Quarterly Dividend of $0.15 on June 20thMay 18, 2023 | msn.comTerex declares $0.15 dividendMay 17, 2023 | americanbankingnews.comTerex Co. (NYSE:TEX) to Post Q3 2023 Earnings of $1.35 Per Share, Zacks Research ForecastsMay 15, 2023 | finance.yahoo.comAt US$46.86, Is Terex Corporation (NYSE:TEX) Worth Looking At Closely?May 15, 2023 | americanbankingnews.comBrokerages Set Terex Co. (NYSE:TEX) PT at $55.45May 12, 2023 | americanbankingnews.comTerex (NYSE:TEX) Rating Reiterated by 92 ResourcesMay 10, 2023 | markets.businessinsider.comCitigroup Reaffirms Their Hold Rating on Terex (TEX)May 10, 2023 | seekingalpha.comTerex: Strong Momentum Will Carry The CompanyMay 8, 2023 | americanbankingnews.comTerex Co. (NYSE:TEX) Insider Sells $302,640.00 in StockMay 6, 2023 | americanbankingnews.comStifel Nicolaus Raises Terex (NYSE:TEX) Price Target to $64.00May 6, 2023 | americanbankingnews.com58.com Reiterates "Maintains" Rating for Terex (NYSE:TEX)May 6, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Terex Co. Boosted by KeyCorp (NYSE:TEX)May 5, 2023 | finance.yahoo.comTerex (TEX) Q1 Earnings & Revenues Beat Estimates, View RaisedMay 5, 2023 | finance.yahoo.com3 Reasons Growth Investors Will Love Terex (TEX)May 5, 2023 | americanbankingnews.comTerex Co. Expected to Earn Q3 2023 Earnings of $1.44 Per Share (NYSE:TEX)May 5, 2023 | americanbankingnews.comTerex Co. (NYSE:TEX) Forecasted to Earn Q2 2023 Earnings of $1.54 Per ShareMay 4, 2023 | finance.yahoo.comTerex to Present at the Goldman Sachs Industrials and Materials ConferenceSee More Headlines TEX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TEX Company Calendar Ex-Dividend for 3/20 Dividend3/08/2023Dividend Payable3/20/2023Last Earnings5/01/2023Today6/01/2023Ex-Dividend for 6/20 Dividend6/05/2023Dividend Payable6/20/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Industrial trucks & tractors Sub-IndustryConstruction & Farm Machinery & Heavy Trucks SectorIndustrial Products Current SymbolNYSE:TEX CUSIP88077910 CIK97216 Webwww.terex.com Phone(203) 222-7170Fax203-222-7976Employees9,300Year FoundedN/APrice Target and Rating Average Stock Price Forecast$55.45 High Stock Price Forecast$72.00 Low Stock Price Forecast$43.00 Forecasted Upside/Downside+16.3%Consensus RatingHold Rating Score (0-4)2.27 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$5.25 Trailing P/E Ratio9.08 Forward P/E Ratio8.00 P/E Growth0.46Net Income$300 million Net Margins7.76% Pretax Margin9.37% Return on Equity31.41% Return on Assets11.58% Debt Debt-to-Equity Ratio0.60 Current Ratio1.99 Quick Ratio0.96 Sales & Book Value Annual Sales$4.42 billion Price / Sales0.73 Cash Flow$5.12 per share Price / Cash Flow9.31 Book Value$19.09 per share Price / Book2.50Miscellaneous Outstanding Shares67,800,000Free Float66,173,000Market Cap$3.23 billion OptionableOptionable Beta1.62 Key ExecutivesJohn L. GarrisonChairman, President & Chief Executive OfficerJulie A. BeckChief Financial Officer & Senior Vice PresidentAndrew CampbellChief Information Officer & Senior Vice PresidentStacey B. Babson-SmithSVP, Chief Sustainability & Compliance OfficerAmy J. GeorgeChief Human Resources Officer & Senior VPKey CompetitorsHyster-Yale Materials HandlingNYSE:HYUniFirstNYSE:UNFO-I GlassNYSE:OIHillenbrandNYSE:HIEncore WireNASDAQ:WIREView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Bought 1,268,320 shares on 6/1/2023Ownership: 1.871%Prelude Capital Management LLCBought 22,882 shares on 6/1/2023Ownership: 0.109%Ontario Teachers Pension Plan BoardBought 15,433 shares on 6/1/2023Ownership: 0.023%ProShare Advisors LLCSold 873 shares on 5/26/2023Ownership: 0.017%Legato Capital Management LLCBought 20,664 shares on 5/25/2023Ownership: 0.030%View All Insider TransactionsView All Institutional Transactions TEX Stock - Frequently Asked Questions Should I buy or sell Terex stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Terex in the last year. There are currently 8 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TEX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TEX, but not buy additional shares or sell existing shares. View TEX analyst ratings or view top-rated stocks. What is Terex's stock price forecast for 2023? 11 Wall Street analysts have issued twelve-month target prices for Terex's stock. Their TEX share price forecasts range from $43.00 to $72.00. On average, they anticipate the company's share price to reach $55.45 in the next year. This suggests a possible upside of 16.3% from the stock's current price. View analysts price targets for TEX or view top-rated stocks among Wall Street analysts. How have TEX shares performed in 2023? Terex's stock was trading at $42.72 at the start of the year. Since then, TEX shares have increased by 11.6% and is now trading at $47.69. View the best growth stocks for 2023 here. When is Terex's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our TEX earnings forecast. How were Terex's earnings last quarter? Terex Co. (NYSE:TEX) announced its quarterly earnings data on Monday, May, 1st. The industrial products company reported $1.60 EPS for the quarter, topping analysts' consensus estimates of $1.04 by $0.56. The industrial products company had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.13 billion. Terex had a net margin of 7.76% and a trailing twelve-month return on equity of 31.41%. Terex's revenue for the quarter was up 23.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.74 EPS. How often does Terex pay dividends? What is the dividend yield for Terex? Terex announced a quarterly dividend on Thursday, May 18th. Stockholders of record on Tuesday, June 6th will be given a dividend of $0.15 per share on Tuesday, June 20th. This represents a $0.60 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend is Monday, June 5th. Read our dividend analysis for TEX. What ETFs hold Terex's stock? ETFs with the largest weight of Terex (NYSE:TEX) stock in their portfolio include Invesco Dynamic Building & Construction ETF (PKB), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), Pacer US Export Leaders ETF (PEXL), iShares US Small Cap Value Factor ETF (SVAL), Invesco S&P MidCap Quality ETF (XMHQ), Principal U.S. Small-Cap Multi-Factor ETF (PSC), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and iShares U.S. Infrastructure ETF (IFRA). Is Terex a good dividend stock? Terex (NYSE:TEX) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.25%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 11.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TEX will have a dividend payout ratio of 9.90% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TEX. How will Terex's stock buyback program work? Terex announced that its Board of Directors has initiated a share repurchase program on Monday, December 19th 2022, which allows the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 5% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued. What guidance has Terex issued on next quarter's earnings? Terex updated its FY23 earnings guidance on Monday, May, 1st. The company provided earnings per share (EPS) guidance of $5.60-$6.00 for the period, compared to the consensus EPS estimate of $4.90. The company issued revenue guidance of $4.8-$5.0 billion, compared to the consensus revenue estimate of $4.74 billion. 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. 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), Aegean Marine Petroleum Network (ANW), Charles Schwab (SCHW), Micron Technology (MU), Accenture (ACN), Zoetis (ZTS) and AutoZone (AZO). What is Terex's stock symbol? Terex trades on the New York Stock Exchange (NYSE) under the ticker symbol "TEX." Who are Terex's major shareholders? Terex's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.05%), Dimensional Fund Advisors LP (4.49%), Pzena Investment Management LLC (4.45%), State Street Corp (3.44%), Fisher Asset Management LLC (3.18%) and FMR LLC (2.91%). Insiders that own company stock include Amy George, Andra Rush, David A Sachs, John D Sheehan, John L Garrison Jr, John L Garrison, Jr, Kevin A Barr, Kieran Hegarty, Matthew Fearon, Paula H Cholmondeley, Scott Posner, Simon Meester and Stephen Johnston. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Terex's stock price today? One share of TEX stock can currently be purchased for approximately $47.69. How much money does Terex make? Terex (NYSE:TEX) has a market capitalization of $3.23 billion and generates $4.42 billion in revenue each year. The industrial products company earns $300 million in net income (profit) each year or $5.25 on an earnings per share basis. How many employees does Terex have? The company employs 9,300 workers across the globe. How can I contact Terex? Terex's mailing address is 200 NYALA FARM ROAD, WESTPORT CT, 06880. The official website for the company is www.terex.com. The industrial products company can be reached via phone at (203) 222-7170, via email at randy.wilson@terex.com, or via fax at 203-222-7976. This page (NYSE:TEX) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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