Zacks Research Has Optimistic Outlook of Terex Q1 Earnings

Terex Co. (NYSE:TEX - Free Report) - Equities research analysts at Zacks Research raised their Q1 2025 EPS estimates for shares of Terex in a research note issued to investors on Wednesday, October 16th. Zacks Research analyst M. Das now expects that the industrial products company will post earnings of $1.54 per share for the quarter, up from their previous estimate of $1.53. The consensus estimate for Terex's current full-year earnings is $5.91 per share.

TEX has been the topic of several other reports. JPMorgan Chase & Co. decreased their target price on shares of Terex from $65.00 to $62.00 and set a "neutral" rating on the stock in a research report on Monday. Jefferies Financial Group decreased their price objective on Terex from $68.00 to $55.00 and set a "hold" rating on the stock in a report on Thursday, July 11th. Citigroup dropped their target price on Terex from $60.00 to $57.00 and set a "neutral" rating for the company in a report on Monday, September 23rd. Raymond James initiated coverage on Terex in a research note on Friday, June 28th. They issued a "market perform" rating on the stock. Finally, Robert W. Baird increased their price objective on Terex from $63.00 to $65.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $60.30.

Terex Stock Performance

TEX stock traded down $0.21 during midday trading on Friday, hitting $56.14. The stock had a trading volume of 308,921 shares, compared to its average volume of 824,021. The firm has a market capitalization of $3.78 billion, a price-to-earnings ratio of 7.44, a P/E/G ratio of 4.59 and a beta of 1.53. The company has a current ratio of 2.21, a quick ratio of 1.07 and a debt-to-equity ratio of 0.36. The stock has a 50-day simple moving average of $53.44 and a 200 day simple moving average of $56.86. Terex has a 52 week low of $43.70 and a 52 week high of $68.08.

Terex (NYSE:TEX - Get Free Report) last posted its quarterly earnings results 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. Terex had a return on equity of 27.89% and a net margin of 9.55%. The firm had revenue of $1.38 billion during the quarter, compared to analysts' expectations of $1.43 billion. During the same quarter in the prior year, the firm posted $2.35 EPS. The company's revenue for the quarter was down 1.5% on a year-over-year basis.

Institutional Trading of Terex

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Blue Trust Inc. grew its position in shares of Terex by 57.5% during the 2nd quarter. Blue Trust Inc. now owns 512 shares of the industrial products company's stock worth $28,000 after buying an additional 187 shares during the period. GAMMA Investing LLC grew its holdings in Terex by 83.3% during the 3rd quarter. GAMMA Investing LLC now owns 737 shares of the industrial products company's stock worth $39,000 after acquiring an additional 335 shares during the period. FinTrust Capital Advisors LLC raised its position in shares of Terex by 202.2% during the 1st quarter. FinTrust Capital Advisors LLC now owns 695 shares of the industrial products company's stock valued at $45,000 after acquiring an additional 465 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Terex during the 2nd quarter valued at $109,000. Finally, 1620 Investment Advisors Inc. acquired a new position in shares of Terex in the 2nd quarter valued at $111,000. 92.88% of the stock is owned by institutional investors.

Insider Buying and Selling at Terex

In other news, Director Andra Rush acquired 2,205 shares of Terex stock in a transaction on Friday, August 2nd. The shares were purchased at an average price of $54.36 per share, with a total value of $119,863.80. Following the acquisition, the director now owns 21,983 shares in the company, valued at $1,194,995.88. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.90% of the company's stock.

Terex Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 8th will be given a dividend of $0.17 per share. The ex-dividend date is Friday, November 8th. This represents a $0.68 annualized dividend and a yield of 1.21%. Terex's dividend payout ratio (DPR) is 9.01%.

About Terex

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.