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What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
World-Renowned Brazilian Restaurant Debuts in Canada (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
World-Renowned Brazilian Restaurant Debuts in Canada (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
World-Renowned Brazilian Restaurant Debuts in Canada (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
World-Renowned Brazilian Restaurant Debuts in Canada (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
World-Renowned Brazilian Restaurant Debuts in Canada (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
World-Renowned Brazilian Restaurant Debuts in Canada (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
NYSE:TEX

Terex (TEX) Stock Forecast, Price & News

$47.69
+1.32 (+2.85%)
(As of 06/1/2023 ET)
Compare
Today's Range
$46.24
$48.11
50-Day Range
$42.31
$49.68
52-Week Range
$26.64
$60.85
Volume
528,860 shs
Average Volume
954,698 shs
Market Capitalization
$3.23 billion
P/E Ratio
9.08
Dividend Yield
1.26%
Price Target
$55.45

Terex MarketRank™ Forecast

Analyst Rating
Hold
2.27 Rating Score
Upside/​Downside
16.3% Upside
$55.45 Price Target
Short Interest
Bearish
6.51% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.29
Upright™ Environmental Score
News Sentiment
0.85mentions of Terex in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$1.73 M Sold Last Quarter
Proj. Earnings Growth
1.68%
From $5.96 to $6.06 Per Share

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 stars

Industrial Products Sector

137th out of 348 stocks

Industrial Trucks & Tractors Industry

1st out of 4 stocks


TEX stock logo

About Terex (NYSE:TEX) Stock

Terex 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.

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TEX Stock News Headlines

This NASDAQ Stock Is The Amazon Of Medical Supply
This Little Known Company IS Quickly Becoming The Amazon Of Medical Supply. Learn More Now
This NASDAQ Stock Is The Amazon Of Medical Supply
This Little Known Company IS Quickly Becoming The Amazon Of Medical Supply. Learn More Now
Terex (TEX) Declares $0.15 Dividend
Terex declares $0.15 dividend
Brokerages Set Terex Co. (NYSE:TEX) PT at $55.45
Terex (NYSE:TEX) Rating Reiterated by 92 Resources
Citigroup Reaffirms Their Hold Rating on Terex (TEX)
Terex: Strong Momentum Will Carry The Company
Terex Co. (NYSE:TEX) Insider Sells $302,640.00 in Stock
58.com Reiterates "Maintains" Rating for Terex (NYSE:TEX)
3 Reasons Growth Investors Will Love Terex (TEX)
See More Headlines

TEX Price History

TEX Company Calendar

Ex-Dividend for 3/20 Dividend
3/08/2023
Dividend Payable
3/20/2023
Last Earnings
5/01/2023
Today
6/01/2023
Ex-Dividend for 6/20 Dividend
6/05/2023
Dividend Payable
6/20/2023
Next Earnings (Estimated)
8/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Industrial trucks & tractors
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
88077910
Employees
9,300
Year Founded
N/A

Price 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 Rating
Hold
Rating Score (0-4)
2.27
Research Coverage
11 Analysts

Profitability

Net Income
$300 million
Pretax Margin
9.37%

Debt

Sales & Book Value

Annual Sales
$4.42 billion
Cash Flow
$5.12 per share
Book Value
$19.09 per share

Miscellaneous

Free Float
66,173,000
Market Cap
$3.23 billion
Optionable
Optionable
Beta
1.62

Key Executives

  • John L. GarrisonJohn L. Garrison
    Chairman, President & Chief Executive Officer
  • Julie A. Beck
    Chief Financial Officer & Senior Vice President
  • Andrew Campbell
    Chief Information Officer & Senior Vice President
  • Stacey B. Babson-Smith
    SVP, Chief Sustainability & Compliance Officer
  • Amy J. GeorgeAmy J. George
    Chief Human Resources Officer & Senior VP













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
.

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

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