Zacks Research Issues Positive Estimate for Terex Earnings

Terex Co. (NYSE:TEX - Free Report) - Equities research analysts at Zacks Research raised their Q1 2026 earnings per share estimates for shares of Terex in a research note issued on Tuesday, April 8th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings per share of $0.62 for the quarter, up from their prior forecast of $0.60. The consensus estimate for Terex's current full-year earnings is $4.83 per share.

Terex (NYSE:TEX - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, beating 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 quarter in the prior year, the business earned $1.88 EPS.

Several other analysts have also recently issued reports on TEX. Truist Financial dropped their target price on Terex from $58.00 to $47.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. UBS Group cut Terex from a "neutral" rating to a "sell" rating and dropped their price objective for the company from $49.00 to $32.00 in a research note on Monday, April 7th. StockNews.com downgraded shares of Terex from a "hold" rating to a "sell" rating in a research note on Friday, February 7th. Citigroup decreased their price objective on Terex from $45.00 to $36.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Finally, Evercore ISI dropped their price objective on shares of Terex from $63.00 to $59.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 19th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Terex presently has an average rating of "Hold" and a consensus price target of $47.33.

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Terex Price Performance

Shares of Terex stock traded down $0.40 during trading hours on Thursday, reaching $34.90. 233,815 shares of the company's stock were exchanged, compared to its average volume of 902,065. The company has a market capitalization of $2.31 billion, a P/E ratio of 7.04, a price-to-earnings-growth ratio of 4.53 and a beta of 1.40. The company has a quick ratio of 1.09, a current ratio of 2.16 and a debt-to-equity ratio of 1.41. Terex has a 1 year low of $31.53 and a 1 year high of $68.08. The business has a fifty day moving average of $40.19 and a two-hundred day moving average of $46.96.

Terex Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Friday, March 7th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.95%. The ex-dividend date of this dividend was Friday, March 7th. Terex's payout ratio is currently 13.71%.

Insider Activity

In other news, Director Andra Rush purchased 1,325 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average cost of $36.96 per share, with a total value of $48,972.00. Following the completion of the acquisition, the director now directly owns 23,308 shares of the company's stock, valued at approximately $861,463.68. This trade represents a 6.03 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.90% of the company's stock.

Hedge Funds Weigh In On Terex

Several institutional investors and hedge funds have recently added to or reduced their stakes in TEX. UMB Bank n.a. raised its position in 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 acquiring an additional 332 shares in the last quarter. Neo Ivy Capital Management purchased a new stake in Terex during the fourth quarter worth about $29,000. Jones Financial Companies Lllp acquired a new position in Terex during the fourth quarter worth about $31,000. Smartleaf Asset Management LLC increased its holdings in Terex by 46.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 704 shares of the industrial products company's stock valued at $32,000 after buying an additional 222 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Terex during the 3rd quarter valued at approximately $40,000. Institutional investors and hedge funds own 92.88% of the company's stock.

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.