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NYSE:TEX - Terex Stock Price, Forecast & News

$22.14
-0.47 (-2.08 %)
(As of 02/28/2020 01:44 AM ET)
Today's Range
$21.72
Now: $22.14
$23.22
50-Day Range
$22.14
MA: $26.14
$28.86
52-Week Range
$21.72
Now: $22.14
$34.71
Volume1.37 million shs
Average Volume628,071 shs
Market Capitalization$1.57 billion
P/E Ratio29.13
Dividend Yield1.95%
Beta1.71
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$4.35 billion
Cash Flow$3.82 per share
Book Value$13.19 per share

Profitability

Net Income$54.40 million

Miscellaneous

Employees9,500
Market Cap$1.57 billion
Next Earnings Date5/5/2020 (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 declared a quarterly dividend on Wednesday, February 12th. Stockholders of record on Friday, March 6th will be paid a dividend of $0.12 per share on Thursday, March 19th. This represents a $0.48 annualized dividend and a dividend yield of 2.17%. The ex-dividend date is Thursday, March 5th. This is a positive change from Terex's previous quarterly dividend of $0.11. View Terex's Dividend History.

How will Terex's stock buyback program work?

Terex announced that its Board of Directors has initiated a stock buyback program on Thursday, July 12th 2018, which authorizes the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes 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 leadership believes its stock is undervalued.

How were Terex's earnings last quarter?

Terex Co. (NYSE:TEX) posted its earnings results on Thursday, February, 13th. The industrial products company reported $0.36 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.19 by $0.17. The industrial products company had revenue of $885 million for the quarter, compared to analysts' expectations of $894.66 million. Terex had a net margin of 1.25% and a return on equity of 27.17%. During the same quarter last year, the firm posted $0.51 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 Tuesday, May 5th 2020. View Earnings Estimates for Terex.

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

Terex issued an update on its FY 2020 After-Hours earnings guidance on Thursday, February, 13th. The company provided earnings per share (EPS) guidance of 1.85-2.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.28. The company issued revenue guidance of $3.9-3.9 billion, compared to the consensus revenue estimate of $3.92 billion.

What price target have analysts set for TEX?

15 equities research analysts have issued 12 month target prices for Terex's shares. Their forecasts range from $20.00 to $44.00. On average, they expect Terex's stock price to reach $28.85 in the next twelve months. This suggests a possible upside of 30.3% from the stock's current price. View Analyst Price Targets for Terex.

What is the consensus analysts' recommendation for Terex?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Terex in the last year. There are currently 4 sell ratings, 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Terex.

Has Terex been receiving favorable news coverage?

Media stories about TEX stock have trended very negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Terex earned a daily sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View News Stories for Terex.

Are investors shorting Terex?

Terex saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 4,870,000 shares, an increase of 12.5% from the December 31st total of 4,330,000 shares. Based on an average daily volume of 750,000 shares, the short-interest ratio is presently 6.5 days. Currently, 7.1% of the shares of the stock 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), Zoetis (ZTS), Vicor (VICR) and Primo Water (PRMW).

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 many different of retail and institutional investors. Top institutional shareholders include Pzena Investment Management LLC (6.33%), Alliancebernstein L.P. (3.62%), State Street Corp (2.94%), Barrow Hanley Mewhinney & Strauss LLC (2.60%), Goldman Sachs Group Inc. (1.94%) and LSV Asset Management (1.87%). Company insiders that own Terex stock include Amy George, Andra Rush, 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 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 America Corp DE, Cubist Systematic Strategies LLC, Goldman Sachs Group Inc., Daiwa Securities Group Inc., Spark Investment Management LLC, TCW Group Inc. and Alliancebernstein L.P.. Company insiders that have sold Terex company stock in the last year include Brian J Henry, International Master F Marcato, Kevin A Barr and Matthew Fearon. View Insider Buying and Selling for Terex.

Which institutional investors are buying Terex stock?

TEX stock was acquired by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, AQR Capital Management LLC, Granite Investment Partners LLC, Great West Life Assurance Co. Can, Jacobs Levy Equity Management Inc., Renaissance Technologies LLC, Bronson Point Management LLC and Man Group plc. Company insiders that have bought Terex stock in the last two years include Amy George, Andra Rush, 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 $22.14.

How big of a company is Terex?

Terex has a market capitalization of $1.57 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.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:  541 (Vote Outperform)
Underperform Votes:  656 (Vote Underperform)
Total Votes:  1,197
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 2/28/2020 by MarketBeat.com Staff

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