Terex (NYSE:TEX - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 4.700-5.100 for the period, compared to the consensus estimate of 5.150. The company issued revenue guidance of $5.3 billion-$5.5 billion, compared to the consensus revenue estimate of $5.4 billion.
Wall Street Analysts Forecast Growth
TEX has been the topic of a number of recent research reports. Barclays decreased their target price on Terex from $60.00 to $52.00 and set an "equal weight" rating on the stock in a report on Monday. Citigroup cut their price objective on Terex from $57.00 to $48.00 and set a "neutral" rating for the company in a research note on Tuesday, January 14th. Truist Financial lowered their price target on shares of Terex from $65.00 to $58.00 and set a "buy" rating on the stock in a report on Thursday, December 19th. JPMorgan Chase & Co. reduced their price objective on shares of Terex from $59.00 to $52.00 and set a "neutral" rating for the company in a research note on Tuesday, January 14th. Finally, StockNews.com downgraded shares of Terex from a "hold" rating to a "sell" rating in a report on Friday. One analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Terex presently has an average rating of "Hold" and a consensus target price of $56.11.
Check Out Our Latest Research Report on Terex
Terex Price Performance
Terex stock traded down $0.26 during midday trading on Monday, reaching $44.49. 931,865 shares of the stock traded hands, compared to its average volume of 787,518. The stock has a market cap of $2.97 billion, a P/E ratio of 8.97, a PEG ratio of 4.53 and a beta of 1.54. The stock's fifty day moving average is $47.69 and its 200-day moving average is $51.95. The company has a quick ratio of 1.16, a current ratio of 2.16 and a debt-to-equity ratio of 1.41. Terex has a 12 month low of $43.23 and a 12 month high of $68.08.
Terex (NYSE:TEX - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The industrial products company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.01. 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. As a group, equities research analysts anticipate that Terex will post 5.03 EPS for the current year.
Terex Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Friday, March 7th will be paid a dividend of $0.17 per share. The ex-dividend date is Friday, March 7th. This represents a $0.68 annualized dividend and a yield of 1.53%. Terex's payout ratio is currently 13.71%.
Insider Transactions at Terex
In other news, CEO Simon Meester sold 9,877 shares of Terex stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $51.14, for a total transaction of $505,109.78. Following the completion of the sale, the chief executive officer now directly owns 127,858 shares in the company, valued at approximately $6,538,658.12. This trade represents a 7.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David A. Sachs bought 20,000 shares of the company's stock in a transaction on Friday, December 13th. The stock was bought at an average price of $49.75 per share, for a total transaction of $995,000.00. Following the completion of the purchase, the director now directly owns 137,500 shares in the company, valued at approximately $6,840,625. This represents a 17.02 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 1.90% of the company's stock.
About Terex
(
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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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