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.
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Industry, Sector and Symbol
Industry N/A
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorN/A
WebN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees11,700
Next Earnings Date5/5/2020 (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, February 12th. Shareholders 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 1.87%. The ex-dividend date of this dividend 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 declared that its Board of Directors has authorized a stock 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 purchase up to 8.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its stock is undervalued.
How were Terex's earnings last quarter?
Terex Co. (NYSE:TEX) announced its earnings results on Thursday, February, 13th. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.17. The industrial products company had revenue of $885 million for the quarter, compared to analyst estimates of $894.66 million. During the same period last year, the business posted $0.51 EPS. View Terex's Earnings History.
When is Terex's next earnings date?
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 earnings per share 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?
16 equities research analysts have issued 1-year price objectives for Terex's shares. Their forecasts range from $20.00 to $44.00. On average, they anticipate Terex's share price to reach $30.07 in the next year. This suggests a possible upside of 17.0% 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 4 sell ratings, 9 hold ratings and 3 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 stories about TEX stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Terex earned a news impact score of 1.8 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Terex.
Are investors shorting Terex?
Terex saw a increase in short interest in 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 days-to-cover ratio is currently 6.5 days. Currently, 7.1% of the company's stock are short sold. View Terex's Current Options Chain.
Who are some of Terex's key competitors?
Some companies that are related to Terex include Astec Industries (ASTE), AGCO (AGCO), Alamo Group (ALG), Caterpillar (CAT), Commercial Vehicle Group (CVGI), Cummins (CMI), Deere & Company (DE), Douglas Dynamics (PLOW), Federal Signal (FSS), FreightCar America (RAIL), Greenbrier Companies (GBX), Lindsay (LNN), Manitowoc (MTW), Meritor (MTOR) and Miller Industries (MLR).
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 institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (6.33%), State Street Corp (2.94%), Barrow Hanley Mewhinney & Strauss LLC (2.60%), Goldman Sachs Group Inc. (1.94%), LSV Asset Management (1.87%) and AQR Capital Management LLC (1.84%). Company insiders that own Terex stock include Amy George, 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 Bank of Montreal Can. Company insiders that have sold Terex company stock in the last year include International Master F Marcato, Kevin A Barr, Matthew Fearon 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 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, Victory Capital Management Inc. and Bank of New York Mellon Corp. Company insiders that have bought Terex stock in the last two years include Amy George, 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 $25.70.
MarketBeat Community Rating for Terex (NYSE TEX)
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.
