Terex (NYSE:TEX - Get Free Report) announced its quarterly earnings data on Thursday. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.76 by $0.01, Zacks reports. Terex had a net margin of 6.54% and a return on equity of 21.99%. During the same period in the previous year, the firm earned $1.88 EPS. Terex updated its FY 2025 guidance to 4.700-5.100 EPS.
Terex Price Performance
Terex stock traded down $0.26 during mid-day trading on Monday, reaching $44.49. The company had a trading volume of 1,338,044 shares, compared to its average volume of 792,118. Terex has a fifty-two week low of $43.23 and a fifty-two week high of $68.08. The business has a fifty day simple moving average of $47.69 and a 200 day simple moving average of $51.95. The company has a current ratio of 2.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.41. The company has a market cap of $2.97 billion, a P/E ratio of 8.97, a P/E/G ratio of 4.53 and a beta of 1.54.
Terex Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Friday, March 7th will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.53%. Terex's dividend payout ratio (DPR) is currently 13.71%.
Analyst Ratings Changes
A number of analysts recently weighed in on TEX shares. Robert W. Baird cut their price target on shares of Terex from $65.00 to $55.00 and set a "neutral" rating on the stock in a research report on Thursday, October 31st. JPMorgan Chase & Co. reduced their target price on shares of Terex from $59.00 to $52.00 and set a "neutral" rating for the company in a report on Tuesday, January 14th. StockNews.com downgraded Terex from a "hold" rating to a "sell" rating in a report on Friday. Citigroup dropped their price objective on Terex from $57.00 to $48.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 14th. Finally, Truist Financial reduced their target price on shares of Terex from $65.00 to $58.00 and set a "buy" rating for the company in a report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $56.11.
Check Out Our Latest Research Report on TEX
Insider Buying and Selling at Terex
In related news, CEO Simon Meester sold 9,877 shares of the company's stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $51.14, for a total transaction of $505,109.78. Following the sale, the chief executive officer now owns 127,858 shares in the company, valued at $6,538,658.12. This represents a 7.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David A. Sachs acquired 10,000 shares of Terex stock in a transaction dated Wednesday, December 11th. The shares were bought at an average cost of $51.30 per share, with a total value of $513,000.00. Following the transaction, the director now owns 107,500 shares in the company, valued at approximately $5,514,750. This trade represents a 10.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 1.90% of the company's stock.
About Terex
(
Get Free Report)
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.
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