S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
"Prepare for Five Years of Famine" (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
"Prepare for Five Years of Famine" (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
BREAKING: Tiny biotech successfully treats blindness (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
"Prepare for Five Years of Famine" (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
"Prepare for Five Years of Famine" (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
BREAKING: Tiny biotech successfully treats blindness (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
"Prepare for Five Years of Famine" (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
"Prepare for Five Years of Famine" (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
BREAKING: Tiny biotech successfully treats blindness (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
"Prepare for Five Years of Famine" (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
"Prepare for Five Years of Famine" (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
BREAKING: Tiny biotech successfully treats blindness (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
NYSE:TEX

Terex - TEX Stock Forecast, Price & News

$48.38
+1.02 (+2.15%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$47.86
$48.75
50-Day Range
$45.31
$60.32
52-Week Range
$26.64
$60.85
Volume
746,770 shs
Average Volume
923,956 shs
Market Capitalization
$3.27 billion
P/E Ratio
11.15
Dividend Yield
1.24%
Price Target
$55.45

Terex MarketRank™ Forecast

Analyst Rating
Hold
2.27 Rating Score
Upside/​Downside
14.6% Upside
$55.45 Price Target
Short Interest
Healthy
4.30% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.36
Upright™ Environmental Score
News Sentiment
0.35mentions of Terex in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$21.45 M Sold Last Quarter
Proj. Earnings Growth
5.11%
From $4.89 to $5.14 Per Share

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 stars

Industrial Products Sector

25th out of 178 stocks

Industrial Trucks & Tractors Industry

1st out of 2 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.

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.

TEX Stock News Headlines

Why We Like The Returns At Terex (NYSE:TEX)
Brokerages Set Terex Co. (NYSE:TEX) Price Target at $55.45
Stocks are for suckers – try this instead
This 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...
3 Stocks With Solid Earnings Growth to Buy Right Away
Terex (NYSE:TEX) Downgraded to "Neutral" at Bank of America
Here's Why Terex (TEX) is a Strong Value Stock
Bear market expert makes new prediction
Nobody 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.
Here is Why Growth Investors Should Buy Terex (TEX) Now
Terex (TEX) is a Great Momentum Stock: Should You Buy?
Terex: Upside Likely Limited From Here
Terex Reports Fourth Quarter and Full-Year 2022 Results
Terex Announces Dividend Increase of 15%
Terex raises dividend by 15% to $0.15/share
See More Headlines
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.

TEX Company Calendar

Last Earnings
2/10/2023
Ex-Dividend for 3/20 Dividend
3/08/2023
Dividend Payable
3/20/2023
Today
4/01/2023
Next Earnings (Estimated)
4/27/2023
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
+14.6%
Consensus Rating
Hold
Rating Score (0-4)
2.27
Research Coverage
11 Analysts

Profitability

Net Income
$300 million
Pretax Margin
8.30%

Debt

Sales & Book Value

Annual Sales
$4.42 billion
Cash Flow
$5.32 per share
Book Value
$17.50 per share

Miscellaneous

Free Float
65,543,000
Market Cap
$3.27 billion
Optionable
Optionable
Beta
1.67

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 & Vice President
  • Stacey B. Babson-Smith
    SVP, Chief Sustainability & Compliance Officer
  • Darryl S Niven
    Vice President & General Manager-Terex Utilities













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
.

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