Zacks Research Issues Positive Forecast for Terex Earnings

Terex Co. (NYSE:TEX - Free Report) - Analysts at Zacks Research upped their Q3 2026 earnings estimates for Terex in a report issued on Tuesday, April 15th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings per share of $1.67 for the quarter, up from their prior estimate of $1.66. The consensus estimate for Terex's current full-year earnings is $4.83 per share. Zacks Research also issued estimates for Terex's FY2026 earnings at $5.44 EPS, Q1 2027 earnings at $0.64 EPS and FY2027 earnings at $5.58 EPS.

Terex (NYSE:TEX - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.76 by $0.01. Terex had a return on equity of 21.99% and a net margin of 6.54%. During the same quarter in the prior year, the firm posted $1.88 earnings per share.

TEX has been the topic of a number of other research reports. UBS Group lowered shares of Terex from a "neutral" rating to a "sell" rating and cut their price target for the stock from $49.00 to $32.00 in a report on Monday, April 7th. Citigroup lowered their price target on Terex from $45.00 to $36.00 and set a "neutral" rating for the company in a research report on Tuesday, April 8th. Evercore ISI cut their price objective on Terex from $63.00 to $59.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 19th. Morgan Stanley dropped their price target on Terex from $43.00 to $30.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. Finally, The Goldman Sachs Group decreased their price objective on shares of Terex from $60.00 to $52.00 and set a "neutral" rating for the company in a report on Wednesday, March 19th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $45.60.

Terex Trading Up 1.4 %

TEX stock traded up $0.47 during trading on Thursday, hitting $33.99. 258,985 shares of the company traded hands, compared to its average volume of 901,210. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.09 and a current ratio of 2.16. Terex has a 1 year low of $31.53 and a 1 year high of $68.08. The company has a 50-day moving average of $39.09 and a 200-day moving average of $46.35. The firm has a market capitalization of $2.25 billion, a PE ratio of 6.85, a P/E/G ratio of 4.53 and a beta of 1.40.

Institutional Trading of Terex

Several institutional investors and hedge funds have recently added to or reduced their stakes in TEX. UMB Bank n.a. lifted its holdings in shares of Terex by 83.0% in the first quarter. UMB Bank n.a. now owns 732 shares of the industrial products company's stock worth $28,000 after buying an additional 332 shares in the last quarter. Neo Ivy Capital Management purchased a new stake in shares of Terex in the fourth quarter worth about $29,000. Jones Financial Companies Lllp bought a new position in Terex during the fourth quarter valued at approximately $31,000. Smartleaf Asset Management LLC increased its stake in Terex by 46.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 704 shares of the industrial products company's stock worth $32,000 after acquiring an additional 222 shares during the last quarter. Finally, Fifth Third Bancorp raised its holdings in shares of Terex by 88.1% during the 1st quarter. Fifth Third Bancorp now owns 905 shares of the industrial products company's stock worth $34,000 after acquiring an additional 424 shares in the last quarter. Institutional investors own 92.88% of the company's stock.

Insider Activity at Terex

In other Terex news, Director Andra Rush acquired 1,325 shares of the business's stock in a transaction dated Tuesday, March 4th. The stock was purchased at an average price of $36.96 per share, with a total value of $48,972.00. Following the transaction, the director now directly owns 23,308 shares in the company, valued at approximately $861,463.68. The trade was a 6.03 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.90% of the stock is currently owned by insiders.

Terex Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Friday, March 7th were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 2.00%. The ex-dividend date was Friday, March 7th. Terex's dividend payout ratio is currently 13.71%.

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.