S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
Senate rules referee weakens Dem drug plan in economic bill
Dems push Biden climate, health priorities toward Senate OK
China July exports rise, with trade surplus at record-high
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
Senate rules referee weakens Dem drug plan in economic bill
Dems push Biden climate, health priorities toward Senate OK
China July exports rise, with trade surplus at record-high
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
Senate rules referee weakens Dem drug plan in economic bill
Dems push Biden climate, health priorities toward Senate OK
China July exports rise, with trade surplus at record-high
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
Senate rules referee weakens Dem drug plan in economic bill
Dems push Biden climate, health priorities toward Senate OK
China July exports rise, with trade surplus at record-high
NYSE:TEX

Terex (TEX) Stock Forecast, Price & News

$34.11
-0.39 (-1.13%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$33.63
$34.66
50-Day Range
$27.37
$37.59
52-Week Range
$26.64
$53.82
Volume
472,138 shs
Average Volume
751,315 shs
Market Capitalization
$2.31 billion
P/E Ratio
10.31
Dividend Yield
1.52%
Price Target
$45.50

Terex MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.58 Rating Score
Upside/​Downside
33.4% Upside
$45.50 Price Target
Short Interest
Bearish
5.80% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.40
Upright™ Environmental Score
News Sentiment
0.30mentions of Terex in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$67,920 Sold Last Quarter
Proj. Earnings Growth
15.87%
From $3.97 to $4.60 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.14 out of 5 stars

Industrial Products Sector

13th out of 210 stocks

Industrial Trucks & Tractors Industry

1st out of 2 stocks

Terex logo

About Terex (NYSE:TEX) Stock

Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Aerial Work Platforms (AWP) and Materials Processing (MP). The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers under the Terex and Genie brands. Its products include portable material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, scissor lifts, utility equipment, and telehandlers, as well as related components and replacement parts for construction and maintenance of industrial, commercial, institutional, and residential buildings and facilities, utility and telecommunication lines, construction and foundation drilling applications, and other commercial operations, as well as in tree trimming and various infrastructure projects. The MP segment's materials processing and specialty equipment includes crushers, washing systems, screens, trommels, 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 related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands and business lines. Its products are used in construction, infrastructure, and recycling projects; quarrying and mining, and material handling applications; maintenance applications to lift equipment or material; and landscaping and biomass production industries. The company offers financing solutions to assist customers in the rental, leasing, and acquisition of its products. Terex Corporation was incorporated in 1986 and is based in Norwalk, Connecticut.

Terex Stock Down 1.1 %

Shares of TEX Stock traded down $0.39 on Friday, reaching $34.11. 472,138 shares of the company's stock traded hands, compared to its average volume of 751,315. Terex has a 12-month low of $26.64 and a 12-month high of $53.82. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.99 and a current ratio of 2.00. The company has a market capitalization of $2.31 billion, a P/E ratio of 10.31, a price-to-earnings-growth ratio of 0.50 and a beta of 1.62. The business's 50 day moving average price is $31.22 and its two-hundred day moving average price is $35.33.

Terex (NYSE:TEX - Get Rating) last issued its quarterly earnings results on Tuesday, August 2nd. The industrial products company reported $1.07 earnings per share for the quarter, beating analysts' consensus estimates of $0.87 by $0.20. Terex had a return on equity of 21.46% and a net margin of 5.73%. During the same quarter in the prior year, the business earned $1.02 EPS. On average, equities analysts forecast that Terex will post 3.97 earnings per share for the current year.

Terex Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 19th. Investors of record on Friday, August 12th will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Thursday, August 11th. This represents a $0.52 dividend on an annualized basis and a yield of 1.52%. Terex's payout ratio is 15.71%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on TEX shares. Citigroup lifted their target price on Terex from $35.00 to $40.00 in a research note on Thursday. TheStreet downgraded Terex from a "b-" rating to a "c+" rating in a research note on Thursday, July 7th. Credit Suisse Group lifted their price target on Terex from $37.00 to $40.00 and gave the company a "neutral" rating in a research report on Thursday. Bank of America upgraded Terex from a "neutral" rating to a "buy" rating and lowered their price target for the company from $41.00 to $38.00 in a research report on Friday, May 13th. Finally, The Goldman Sachs Group lifted their price target on Terex from $33.00 to $37.00 and gave the company a "neutral" rating in a research report on Thursday. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, Terex presently has a consensus rating of "Moderate Buy" and an average target price of $45.50.

Insider Activity at Terex

In other Terex news, VP Scott Posner sold 2,000 shares of the business's stock in a transaction dated Wednesday, May 25th. The stock was sold at an average price of $33.96, for a total value of $67,920.00. Following the completion of the sale, the vice president now owns 64,621 shares of the company's stock, valued at $2,194,529.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 2.90% of the company's stock.

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TEX Stock News Headlines

Citigroup Boosts Terex (NYSE:TEX) Price Target to $40.00
Form 8-K TEREX CORP For: Aug 03 - StreetInsider.com
What 5 Analyst Ratings Have To Say About Terex
Terex Reports Second Quarter 2022 Results
Terex (TEX) Scheduled to Post Quarterly Earnings on Tuesday
Terex (NYSE:TEX) PT Set at $37.00 by Credit Suisse Group
Terex (NYSE:TEX) PT Lowered to $30.00
See More Headlines

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TEX Company Calendar

Ex-Dividend for 6/21 Dividend
6/03/2022
Dividend Payable
6/21/2022
Last Earnings
8/02/2022
Today
8/07/2022
Ex-Dividend for 9/19 Dividend
8/11/2022
Dividend Payable
9/19/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Industrial trucks & tractors
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
88077910
Employees
8,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$45.50
High Stock Price Forecast
$67.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+33.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 Analysts

Profitability

Net Income
$220.90 million
Pretax Margin
6.97%

Debt

Sales & Book Value

Annual Sales
$3.89 billion
Cash Flow
$3.84 per share
Book Value
$15.47 per share

Miscellaneous

Free Float
65,834,000
Market Cap
$2.31 billion
Optionable
Optionable
Beta
1.62














TEX Stock - Frequently Asked Questions

Should I buy or sell Terex stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Terex in the last twelve months. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Terex stock.
View analyst ratings for Terex
or view top-rated stocks.

What is Terex's stock price forecast for 2022?

12 brokers have issued 1 year price objectives for Terex's shares. Their TEX stock forecasts range from $30.00 to $67.00. On average, they predict Terex's stock price to reach $45.50 in the next year. This suggests a possible upside of 33.4% from the stock's current price.
View analysts' price targets for Terex
or view top-rated stocks among Wall Street analysts.

How has Terex's stock price performed in 2022?

Terex's stock was trading at $43.95 at the beginning of 2022. Since then, TEX shares have decreased by 22.4% and is now trading at $34.11.
View the best growth stocks for 2022 here
.

When is Terex's next earnings date?

Terex is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our earnings forecast for Terex
.

How were Terex's earnings last quarter?

Terex Co. (NYSE:TEX) released its earnings results on Tuesday, August, 2nd. The industrial products company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.20. Terex had a net margin of 5.73% and a trailing twelve-month return on equity of 21.46%. During the same period in the previous year, the company posted $1.02 EPS.

How often does Terex pay dividends? What is the dividend yield for Terex?

Terex declared a quarterly dividend on Wednesday, July 13th. Shareholders of record on Friday, August 12th will be paid a dividend of $0.13 per share on Monday, September 19th. This represents a $0.52 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend is Thursday, August 11th.
View Terex's dividend history
.

Is Terex a good dividend stock?

Terex(NYSE:TEX) pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.52%. Terex does not yet have a strong track record of dividend growth. The dividend payout ratio of Terex is 15.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Terex will have a dividend payout ratio of 11.30% next year. This indicates that Terex will be able to sustain or increase its dividend.
View Terex's dividend history.

What guidance has Terex issued on next quarter's earnings?

Terex updated its FY22 earnings guidance on Tuesday, August, 2nd. The company provided earnings per share (EPS) guidance of $3.80-4.20 for the period, compared to the consensus estimate of $3.73. The company issued revenue guidance of $4.10-4.30 billion, compared to the consensus revenue estimate of $4.23 billion.

What is John L. Garrison, Jr's approval rating as Terex's CEO?

99 employees have rated Terex CEO John L. Garrison, Jr on Glassdoor.com. John L. Garrison, Jr has an approval rating of 76% among Terex'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), APA (APA), 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."

Who are Terex's major shareholders?

Terex's stock is owned by a variety of institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (6.42%), Moody Aldrich Partners LLC (0.19%), New York State Teachers Retirement System (0.14%), Banco Santander S.A. (0.11%), Russell Investments Group Ltd. (0.11%) and Assenagon Asset Management S.A. (0.11%). Company insiders that own Terex 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 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 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 $34.11.

How much money does Terex make?

Terex (NYSE:TEX) has a market capitalization of $2.31 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 $3.31 on an earnings per share basis.

How many employees does Terex have?

Terex employs 8,600 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 Terex 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 8/7/2022 by MarketBeat.com Staff

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