Q1 2025 Earnings Forecast for Terex Co. Issued By Zacks Research (NYSE:TEX)

Terex Co. (NYSE:TEX - Free Report) - Analysts at Zacks Research dropped their Q1 2025 earnings per share (EPS) estimates for Terex in a research note issued to investors on Wednesday, October 9th. Zacks Research analyst M. Das now expects that the industrial products company will post earnings of $1.54 per share for the quarter, down from their previous forecast of $1.59. The consensus estimate for Terex's current full-year earnings is $5.88 per share. Zacks Research also issued estimates for Terex's Q2 2025 earnings at $1.74 EPS.

TEX has been the topic of several other research reports. JPMorgan Chase & Co. cut their target price on Terex from $65.00 to $62.00 and set a "neutral" rating on the stock in a research report on Monday. Evercore ISI cut their target price on Terex from $67.00 to $59.00 and set an "outperform" rating on the stock in a research report on Monday, August 19th. Jefferies Financial Group cut their target price on Terex from $68.00 to $55.00 and set a "hold" rating on the stock in a research report on Thursday, July 11th. Raymond James assumed coverage on Terex in a research report on Friday, June 28th. They set a "market perform" rating on the stock. Finally, Citigroup cut their price objective on Terex from $60.00 to $57.00 and set a "neutral" rating on the stock in a research report on Monday, September 23rd. One analyst has rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $60.30.

Terex Stock Down 0.2 %

Shares of NYSE TEX traded down $0.09 during midday trading on Monday, hitting $55.39. 648,675 shares of the stock traded hands, compared to its average volume of 831,432. The company has a market cap of $3.73 billion, a PE ratio of 7.34, a P/E/G ratio of 4.43 and a beta of 1.53. Terex has a one year low of $43.70 and a one year high of $68.08. The business has a 50 day moving average price of $53.31 and a two-hundred day moving average price of $56.98. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.07 and a current ratio of 2.21.

Terex (NYSE:TEX - Get Free Report) last released its quarterly earnings data on Tuesday, July 30th. The industrial products company reported $2.16 EPS for the quarter, beating the consensus estimate of $2.06 by $0.10. The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.43 billion. Terex had a return on equity of 27.89% and a net margin of 9.55%. The company's quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.35 earnings per share.

Terex Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Friday, November 8th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.23%. Terex's dividend payout ratio is presently 9.01%.

Insider Activity

In related news, Director Andra Rush acquired 2,205 shares of the firm's stock in a transaction that occurred on Friday, August 2nd. The shares were bought at an average cost of $54.36 per share, for a total transaction of $119,863.80. Following the purchase, the director now owns 21,983 shares in the company, valued at $1,194,995.88. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.90% of the company's stock.

Institutional Trading of Terex

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Dorsey Wright & Associates raised its stake in shares of Terex by 0.3% during the 2nd quarter. Dorsey Wright & Associates now owns 61,309 shares of the industrial products company's stock valued at $3,362,000 after purchasing an additional 186 shares during the period. Blue Trust Inc. increased its stake in Terex by 57.5% in the 2nd quarter. Blue Trust Inc. now owns 512 shares of the industrial products company's stock worth $28,000 after acquiring an additional 187 shares during the last quarter. FCG Investment Co increased its stake in Terex by 3.5% in the 2nd quarter. FCG Investment Co now owns 6,534 shares of the industrial products company's stock worth $358,000 after acquiring an additional 220 shares during the last quarter. QRG Capital Management Inc. increased its stake in Terex by 4.4% in the 1st quarter. QRG Capital Management Inc. now owns 5,566 shares of the industrial products company's stock worth $358,000 after acquiring an additional 234 shares during the last quarter. Finally, SummerHaven Investment Management LLC increased its stake in Terex by 2.2% in the 2nd quarter. SummerHaven Investment Management LLC now owns 12,114 shares of the industrial products company's stock worth $664,000 after acquiring an additional 258 shares during the last quarter. 92.88% of the stock is currently owned by institutional investors.

Terex Company Profile

Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Materials Processing (MP) and Aerial Work Platforms (AWP). The MP segment designs, manufactures, services, and markets 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, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands.