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 Industrial trucks & tractors
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorIndustrial Products
Phone203-222-7170
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.35 billion
Profitability
Miscellaneous
Employees9,500
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 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 2.12%. The ex-dividend date of this dividend is Thursday, March 5th. This is an increase 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 plan on Thursday, July 12th 2018, which permits the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 8.7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its stock is undervalued.
How were Terex's earnings last quarter?
Terex Co. (NYSE:TEX) announced its quarterly earnings data on Thursday, February, 13th. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.17. The industrial products company earned $885 million during the quarter, compared to analyst estimates of $894.66 million. Terex had a net margin of 1.25% and a return on equity of 27.17%. During the same period in the previous year, the firm posted $0.51 earnings per share. 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 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?
15 brokerages have issued twelve-month target prices for Terex's shares. Their forecasts range from $20.00 to $44.00. On average, they anticipate Terex's stock price to reach $28.85 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?
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 coverage about TEX stock has been trending extremely negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Terex earned a media sentiment score of -4.9 on InfoTrie's scale. They also gave press coverage 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 company's share price in the near future. View News Stories for Terex.
Are investors shorting Terex?
Terex saw a increase in short interest in 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 trading volume of 750,000 shares, the days-to-cover ratio is currently 6.5 days. Currently, 7.1% of the shares of the company are sold short. View Terex's Current Options Chain.
Who are some of Terex's key competitors?
Some companies that are related to Terex include Caterpillar (CAT), Deere & Company (DE), PACCAR (PCAR), Cummins (CMI), Westinghouse Air Brake Technologies (WAB), Toro (TTC), WABCO (WBC), Oshkosh (OSK), AGCO (AGCO), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Alamo Group (ALG) and Lindsay (LNN).
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 variety of of institutional and retail 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 purchased 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 $22.61.
How big of a company is Terex?
Terex has a market capitalization of $1.60 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?
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)
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.
