NYSE:TEX - Terex Stock Price, News, & Analysis

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$28.71 +0.54 (+1.92 %)
(As of 05/22/2019 01:34 AM ET)
Previous Close$28.17
Today's Range$28.29 - $28.7950
52-Week Range$25.47 - $45.47
Volume434,330 shs
Average Volume1.04 million shs
Market Capitalization$2.04 billion
P/E Ratio10.59
Dividend Yield1.56%
Beta1.6
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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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$3.6714 per share
Book Value$10.99 per share

Profitability

Net Income$113.70 million

Miscellaneous

Employees11,700
Market Cap$2.04 billion
Next Earnings Date7/30/2019 (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 announced a quarterly dividend on Wednesday, May 15th. Shareholders of record on Friday, June 7th will be paid a dividend of $0.11 per share on Wednesday, June 19th. This represents a $0.44 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date is Thursday, June 6th. View Terex's Dividend History.

How will Terex's stock buyback program work?

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

How were Terex's earnings last quarter?

Terex Co. (NYSE:TEX) announced its earnings results on Tuesday, April, 30th. The industrial products company reported $0.87 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.57 by $0.30. The industrial products company earned $1.14 billion during the quarter, compared to analysts' expectations of $1.13 billion. Terex had a negative net margin of 0.06% and a positive return on equity of 25.38%. Terex's revenue for the quarter was up 1.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.55 EPS. View Terex's Earnings History.

When is Terex's next earnings date?

Terex is scheduled to release their next quarterly earnings announcement on Tuesday, July 30th 2019. View Earnings Estimates for Terex.

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

Terex updated its FY19 earnings guidance on Monday, February, 25th. The company provided earnings per share guidance of $3.60-4.20 for the period, compared to the Thomson Reuters consensus estimate of $3.41.

What price target have analysts set for TEX?

16 analysts have issued 1 year price targets for Terex's shares. Their forecasts range from $28.00 to $49.00. On average, they anticipate Terex's stock price to reach $36.6364 in the next twelve months. This suggests a possible upside of 27.6% from the stock's current price. View Analyst Price Targets for Terex.

What is the consensus analysts' recommendation for Terex?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Terex in the last year. There are currently 3 sell ratings, 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Terex.

Has Terex been receiving favorable news coverage?

News articles about TEX stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Terex earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term.

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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.04%), Morgan Stanley (5.57%), Dimensional Fund Advisors LP (4.63%), Pzena Investment Management LLC (4.53%), LSV Asset Management (2.42%) and TCW Group Inc. (2.05%). 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, Kevin Bradley, Kieran Hegarty, 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 Connor Clark & Lunn Investment Management Ltd., TCW Group Inc., BlackRock Inc., JPMorgan Chase & Co., Jennison Associates LLC, Minneapolis Portfolio Management Group LLC, Pzena Investment Management LLC and Dimensional Fund Advisors LP. Company insiders that have sold Terex company stock in the last year include Brian J Henry, Eric I Cohen, International Master F Marcato, Kevin A Barr, Paula H Cholmondeley and Steve Filipov. View Insider Buying and Selling for Terex.

Which institutional investors are buying Terex stock?

TEX stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Marshall Wace LLP, Goldman Sachs Group Inc., Marshall Wace North America L.P., AQR Capital Management LLC, LSV Asset Management, 13D Management LLC and 13D Management LLC. 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 $28.71.

How big of a company is Terex?

Terex has a market capitalization of $2.04 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.

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:  491 (Vote Outperform)
Underperform Votes:  583 (Vote Underperform)
Total Votes:  1,074
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 5/22/2019 by MarketBeat.com Staff

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