NYSE:TEX Terex - TEX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Terex Co. Please log in to your account or sign up in order to add this asset to your watchlist. $48.38 +1.02 (+2.15%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$47.86▼$48.7550-Day Range$45.31▼$60.3252-Week Range$26.64▼$60.85Volume746,770 shsAverage Volume923,956 shsMarket Capitalization$3.27 billionP/E Ratio11.15Dividend Yield1.24%Price Target$55.45 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Terex MarketRank™ ForecastAnalyst RatingHold2.27 Rating ScoreUpside/Downside14.6% Upside$55.45 Price TargetShort InterestHealthy4.30% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.36Upright™ Environmental ScoreNews Sentiment0.35Based on 8 Articles This WeekInsider TradingSelling Shares$21.45 M Sold Last QuarterProj. Earnings Growth5.11%From $4.89 to $5.14 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.67 out of 5 starsIndustrial Products Sector25th out of 178 stocksIndustrial Trucks & Tractors Industry1st out of 2 stocks 3.1 Analyst's Opinion Consensus RatingTerex has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 3 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $55.45, Terex has a forecasted upside of 14.6% from its current price of $48.38.Amount of Analyst CoverageTerex has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.30% of the float of Terex has been sold short.Short Interest Ratio / Days to CoverTerex has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Terex has recently increased by 25.89%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldTerex pays a meaningful dividend of 1.28%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTerex has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Terex is 13.82%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Terex will have a dividend payout ratio of 11.67% next year. This indicates that Terex will be able to sustain or increase its dividend. Previous Next 1.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTerex has received a -40.77% net impact score from Upright. The largest negative impact of Terex in category "GHG emissions" seems to be driven mostly by its "Aerial work platforms", "Concrete mixing trucks", "Wheel tractor-scrapers", "Road rollers", and "Dump trucks" products. See details.Environmental SustainabilityThe Environmental Impact score for Terex is -3.36. Previous Next 1.9 News and Social Media Coverage News SentimentTerex has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Terex this week, compared to 3 articles on an average week.Search InterestOnly 14 people have searched for TEX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Terex to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Terex insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $21,446,276.00 in company stock.Percentage Held by InsidersOnly 2.90% of the stock of Terex is held by insiders.Percentage Held by Institutions87.37% of the stock of Terex is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Terex are expected to grow by 5.11% in the coming year, from $4.89 to $5.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Terex is 11.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.10.Price to Earnings Ratio vs. SectorThe P/E ratio of Terex is 11.15, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.96.Price to Earnings Growth RatioTerex has a PEG Ratio of 0.51. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioTerex has a P/B Ratio of 2.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Terex (NYSE:TEX) StockTerex 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.Read More Receive TEX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Terex and its competitors with MarketBeat's FREE daily newsletter. Email Address TEX Stock News HeadlinesMarch 28, 2023 | finance.yahoo.comWhy We Like The Returns At Terex (NYSE:TEX)March 26, 2023 | americanbankingnews.comBrokerages Set Terex Co. (NYSE:TEX) Price Target at $55.45April 1, 2023 | Legacy Research (Affiliate) (Ad)Stocks are for suckers – try this insteadThis has nothing to do with dividends, day trading... taking out a loan... or anything like that. What you need is about 3 seconds to execute this simple financial maneuver...March 22, 2023 | americanbankingnews.comEquities Analysts Offer Predictions for Terex Co.'s Q4 2023 Earnings (NYSE:TEX)March 21, 2023 | finance.yahoo.com3 Stocks With Solid Earnings Growth to Buy Right AwayMarch 21, 2023 | americanbankingnews.comTerex (NYSE:TEX) Downgraded to "Neutral" at Bank of AmericaMarch 16, 2023 | finance.yahoo.comHere's Why Terex (TEX) is a Strong Value StockMarch 8, 2023 | finance.yahoo.comTerex to Present at the J.P. Morgan Industrials ConferenceApril 1, 2023 | Legacy Research (Affiliate) (Ad)Bear market expert makes new predictionNobody believed Larry Benedict's prediction in February 2020. The DOW plunged 3.5%, and he told CNBC, "It seems like there's much more to come." Within a month, the market plummeted 34%. Then, nobody believed Larry at the start of last year, either. He predicted that "all the indexes will be negative for the year," with the Nasdaq leading the way. Once again, he was spot-on.March 8, 2023 | finance.yahoo.comWhy Investors Need to Take Advantage of These 2 Industrial Products Stocks NowMarch 7, 2023 | finance.yahoo.comIs Terex (TEX) Stock Outpacing Its Industrial Products Peers This Year?March 3, 2023 | finance.yahoo.comBe Sure To Check Out Terex Corporation (NYSE:TEX) Before It Goes Ex-DividendMarch 2, 2023 | finance.yahoo.comTerex to Present at the 15th Annual Evercore ISI Industrial ConferenceMarch 2, 2023 | finance.yahoo.comTerex (TEX) Stock Scales 52-Week High: What's Driving It?February 27, 2023 | finance.yahoo.comMonster Trends, Monster Profits: How to Spot Market Winners in 2023February 23, 2023 | finance.yahoo.comHere is Why Growth Investors Should Buy Terex (TEX) NowFebruary 16, 2023 | finance.yahoo.comTerex to Present at Citi's 2023 Global Industrial Tech and Mobility ConferenceFebruary 16, 2023 | finance.yahoo.comTerex (TEX) is a Great Momentum Stock: Should You Buy?February 16, 2023 | finance.yahoo.comTerex (TEX) Shows Fast-paced Momentum But Is Still a Bargain StockFebruary 14, 2023 | seekingalpha.comTerex: Upside Likely Limited From HereFebruary 14, 2023 | finance.yahoo.comTerex Corporation (TEX) Hit a 52 Week High, Can the Run Continue?February 12, 2023 | finance.yahoo.comTerex (NYSE:TEX) Is Paying Out A Larger Dividend Than Last YearFebruary 9, 2023 | finance.yahoo.comTerex Reports Fourth Quarter and Full-Year 2022 ResultsFebruary 9, 2023 | finance.yahoo.comTerex Announces Dividend Increase of 15%February 9, 2023 | seekingalpha.comTerex raises dividend by 15% to $0.15/shareFebruary 7, 2023 | finance.yahoo.comTerex Announces Equity Investment in Texas-Based Robotics Company Apptronik; Separately, the Companies Plan to Co-create Potential Robotic Applications for Terex ProductsFebruary 6, 2023 | finance.yahoo.comTerex Corporation's (NYSE:TEX) Stock Is Going Strong: Is the Market Following Fundamentals?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TEX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Terex and its competitors with MarketBeat's FREE daily newsletter. Email Address TEX Company Calendar Last Earnings2/10/2023Ex-Dividend for 3/20 Dividend3/08/2023Dividend Payable3/20/2023Today4/01/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Industrial trucks & tractors Sub-IndustryConstruction & Farm Machinery & Heavy Trucks SectorIndustrial Products Current SymbolNYSE:TEX CUSIP88077910 CIK97216 Webwww.terex.com Phone(203) 222-7170Fax203-222-7976Employees9,300Year FoundedN/APrice Target and Rating Average Stock Price Forecast$55.45 High Stock Price Forecast$72.00 Low Stock Price Forecast$43.00 Forecasted Upside/Downside+14.6%Consensus RatingHold Rating Score (0-4)2.27 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$4.34 Trailing P/E Ratio11.15 Forward P/E Ratio9.89 P/E Growth0.51Net Income$300 million Net Margins6.79% Pretax Margin8.30% Return on Equity27.44% Return on Assets9.99% Debt Debt-to-Equity Ratio0.65 Current Ratio1.96 Quick Ratio0.97 Sales & Book Value Annual Sales$4.42 billion Price / Sales0.74 Cash Flow$5.32 per share Price / Cash Flow9.09 Book Value$17.50 per share Price / Book2.76Miscellaneous Outstanding Shares67,500,000Free Float65,543,000Market Cap$3.27 billion OptionableOptionable Beta1.67 Key ExecutivesJohn L. GarrisonChairman, President & Chief Executive OfficerJulie A. BeckChief Financial Officer & Senior Vice PresidentAndrew CampbellChief Information Officer & Vice PresidentStacey B. Babson-SmithSVP, Chief Sustainability & Compliance OfficerDarryl S NivenVice President & General Manager-Terex UtilitiesKey CompetitorsHyster-Yale Materials HandlingNYSE:HYWorthington IndustriesNYSE:WORHillenbrandNYSE:HIEncore WireNASDAQ:WIREUniFirstNYSE:UNFView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 1,940 shares on 3/23/2023Ownership: 0.113%John L Garrison JrSold 8,907 sharesTotal: $534,420.00 ($60.00/share)Amy GeorgeSold 5,000 sharesTotal: $300,000.00 ($60.00/share)John L Garrison JrSold 9,904 sharesTotal: $594,339.04 ($60.01/share)David A SachsSold 13,563 sharesTotal: $806,998.50 ($59.50/share)View All Insider TransactionsView All Institutional Transactions TEX Stock - Frequently Asked Questions Should I buy or sell Terex stock right now? 11 Wall Street equities 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 equities 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 equities research analysts have issued twelve-month price objectives for Terex's shares. Their TEX share price forecasts range from $43.00 to $72.00. On average, they anticipate the company's stock price to reach $55.45 in the next twelve months. This suggests a possible upside of 14.6% 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 beginning of the year. Since then, TEX stock has increased by 13.2% and is now trading at $48.38. View the best growth stocks for 2023 here. Are investors shorting Terex? Terex saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 2,820,000 shares, an increase of 25.9% from the February 28th total of 2,240,000 shares. Based on an average trading volume of 866,900 shares, the days-to-cover ratio is presently 3.3 days. Currently, 4.3% of the company's stock are sold short. View Terex's Short Interest. When is Terex's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023. View our TEX earnings forecast. How were Terex's earnings last quarter? Terex Co. (NYSE:TEX) announced its earnings results on Friday, February, 10th. The industrial products company reported $1.34 earnings per share for the quarter, topping analysts' consensus estimates of $1.13 by $0.21. The industrial products company earned $1.22 billion during the quarter, compared to analysts' expectations of $1.10 billion. Terex had a net margin of 6.79% and a trailing twelve-month return on equity of 27.44%. The firm's revenue for the quarter was up 23.0% on a year-over-year basis. During the same quarter last year, the business posted $0.82 earnings per share. How often does Terex pay dividends? What is the dividend yield for Terex? Terex declared a quarterly dividend on Thursday, February 9th. Investors of record on Thursday, March 9th will be paid a dividend of $0.15 per share on Monday, March 20th. This represents a $0.60 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend is Wednesday, March 8th. This is an increase from the stock's previous quarterly dividend of $0.13. Read our dividend analysis for TEX. What ETFs hold Terex's stock? ETFs with the largest weight of Terex (NYSE:TEX) stock in their portfolio include Invesco Dynamic Building & Construction ETF (PKB), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), iShares U.S. Infrastructure ETF (IFRA), iShares US Small Cap Value Factor ETF (SVAL), Invesco S&P MidCap Quality ETF (XMHQ), Invesco DWA SmallCap Momentum ETF (DWAS), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and Convergence Long/Short Equity ETF (CLSE). 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 1.28%. 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 13.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TEX will have a dividend payout ratio of 11.67% 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 has authorized a share repurchase program on Monday, December 19th 2022, which permits the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its stock is undervalued. What guidance has Terex issued on next quarter's earnings? Terex issued an update on its FY 2023 earnings guidance on Thursday, February, 9th. The company provided earnings per share (EPS) guidance of $4.60-$5.00 for the period, compared to the consensus estimate of $4.78. The company issued revenue guidance of $4.60 billion-$4.80 billion, compared to the consensus revenue estimate of $4.52 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), Primo Water (PRMW), 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." 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 $48.38. How much money does Terex make? Terex (NYSE:TEX) has a market capitalization of $3.27 billion and generates $4.42 billion in revenue each year. The industrial products company earns $300 million in net income (profit) each year or $4.34 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 4/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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