NYSE:TEX - Terex Stock Price, News & Analysis

$25.02
-0.06 (-0.24 %)
(As of 08/23/2019 07:00 AM ET)
Today's Range
$25.01
Now: $25.02
$25.62
50-Day Range
$23.24
MA: $28.59
$33.23
52-Week Range
$23.13
Now: $25.02
$42.74
Volume431,665 shs
Average Volume1.33 million shs
Market Capitalization$1.78 billion
P/E Ratio9.23
Dividend Yield1.82%
Beta1.73
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. Read More…

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$3.7568 per share
Book Value$12.09 per share

Profitability

Net Income$113.70 million

Miscellaneous

Employees11,700
Market Cap$1.78 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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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 Thursday, August 1st. Shareholders of record on Monday, August 12th will be paid a dividend of $0.11 per share on Thursday, September 19th. This represents a $0.44 dividend on an annualized basis and a yield of 1.76%. 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 announced that its board has authorized a share buyback plan on Thursday, July 12th 2018, which allows the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 8.7% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

How were Terex's earnings last quarter?

Terex Co. (NYSE:TEX) posted its quarterly earnings results on Monday, July, 29th. The industrial products company reported $1.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.34 by $0.13. The industrial products company had revenue of $1.31 billion for 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 firm's quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.98 earnings per share. 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 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, July, 29th. The company provided earnings per share guidance of $3.40-3.80 for the period, compared to the Thomson Reuters consensus EPS 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?

13 equities research analysts have issued twelve-month price objectives for Terex's stock. Their forecasts range from $28.00 to $39.00. On average, they anticipate Terex's share price to reach $33.6364 in the next year. This suggests a possible upside of 34.4% from the stock's current price. View Analyst Price Targets for Terex.

What is the consensus analysts' recommendation for Terex?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Terex in the last year. There are currently 2 sell ratings, 10 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?

Press coverage about TEX stock has trended positive recently, InfoTrie reports. InfoTrie identifies negative and positive 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 negative five to five, with scores closest to five being the most favorable. Terex earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for Terex.

Are investors shorting Terex?

Terex saw a decrease in short interest in July. As of July 31st, there was short interest totalling 4,675,400 shares, a decrease of 16.9% from the June 30th total of 5,625,700 shares. Based on an average daily trading volume, of 1,130,000 shares, the short-interest ratio is presently 4.1 days. Approximately 7.0% of the shares of the stock are sold short. View Terex's Current Options Chain.

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 investors include BlackRock Inc. (9.87%), Vanguard Group Inc. (8.81%), Pzena Investment Management LLC (4.88%), Nuveen Asset Management LLC (4.05%), Prudential PLC (3.59%) and Fisher Asset Management LLC (2.85%). 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, 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 Morgan Stanley, Vanguard Group Inc., Barrow Hanley Mewhinney & Strauss LLC, Barrow Hanley Mewhinney & Strauss LLC, Connor Clark & Lunn Investment Management Ltd., Russell Investments Group Ltd., Canada Pension Plan Investment Board and State Board of Administration of Florida Retirement System. Company insiders that have sold Terex company stock in the last year include Eric I Cohen, International Master F Marcato, Kevin A Barr and Steve Filipov. View Insider Buying and Selling for Terex.

Which major investors are buying Terex stock?

TEX stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., Prudential Financial Inc., AQR Capital Management LLC, Pzena Investment Management LLC, Bank of New York Mellon Corp, Charles Schwab Investment Management Inc. and Cibc World Markets Corp. 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, Scottrade, Fidelity and Charles Schwab.

What is Terex's stock price today?

One share of TEX stock can currently be purchased for approximately $25.02.

How big of a company is Terex?

Terex has a market capitalization of $1.78 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?

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:  506 (Vote Outperform)
Underperform Votes:  605 (Vote Underperform)
Total Votes:  1,111
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 8/23/2019 by MarketBeat.com Staff

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