Terex - TEX Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Terex in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TEX shares.
View TEX analyst ratings or view top-rated stocks.

10 analysts have issued 12-month price targets for Terex's stock. Their TEX share price forecasts range from $35.00 to $64.00. On average, they anticipate the company's share price to reach $45.00 in the next twelve months. This suggests a possible upside of 1.4% from the stock's current price.
View analysts price targets for TEX or view top-rated stocks among Wall Street analysts.

Terex's stock was trading at $43.95 at the beginning of 2022. Since then, TEX stock has increased by 1.0% and is now trading at $44.38.
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Terex saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 2,520,000 shares, a drop of 25.2% from the October 31st total of 3,370,000 shares. Based on an average trading volume of 597,000 shares, the short-interest ratio is presently 4.2 days. Approximately 3.9% of the company's shares are sold short.
View Terex's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our TEX earnings forecast.

Terex Co. (NYSE:TEX) posted its quarterly earnings data on Friday, October, 28th. The industrial products company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.16. The industrial products company had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.07 billion. Terex had a trailing twelve-month return on equity of 24.72% and a net margin of 6.36%. The business's revenue was up 12.7% compared to the same quarter last year. During the same period last year, the company earned $0.67 EPS.

Terex announced a quarterly dividend on Thursday, October 13th. Stockholders of record on Thursday, November 10th will be given a dividend of $0.13 per share on Monday, December 19th. This represents a $0.52 annualized dividend and a yield of 1.17%. The ex-dividend date is Wednesday, November 9th.
Read our dividend analysis for TEX.

Terex (NYSE:TEX) pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.14%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TEX will have a dividend payout ratio of 10.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TEX.

Terex updated its FY 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share (EPS) guidance of $4.00-$4.20 for the period, compared to the consensus estimate of $3.96. The company issued revenue guidance of $4.30 billion-$4.30 billion, compared to the consensus revenue estimate of $4.22 billion.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other Terex investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), APA (APA), Aegean Marine Petroleum Network (ANW), Charles Schwab (SCHW), Micron Technology (MU), Accenture (ACN), Primo Water (PRMW), Zoetis (ZTS) and AutoZone (AZO).

Terex trades on the New York Stock Exchange (NYSE) under the ticker symbol "TEX."

Terex's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.95%), Vanguard Group Inc. (11.18%), Pzena Investment Management LLC (6.42%), Dimensional Fund Advisors LP (4.39%), Fisher Asset Management LLC (3.38%) and State Street Corp (3.28%). Insiders that own company stock include Amy George, Andra Rush, Brian J Henry, David A Sachs, John D Sheehan, 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.

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.
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One share of TEX stock can currently be purchased for approximately $44.38.

Terex (NYSE:TEX) has a market capitalization of $3.00 billion and generates $3.89 billion in revenue each year. The industrial products company earns $220.90 million in net income (profit) each year or $3.83 on an earnings per share basis.

The company employs 8,600 workers across the globe.

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.