Analysts Set Expectations for Terex’s Q1 Earnings (NYSE:TEX)

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

Terex (NYSE:TEX) last posted its quarterly earnings data on Tuesday, July 30th. The industrial products company reported $2.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.06 by $0.10. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.43 billion. Terex had a return on equity of 27.89% and a net margin of 9.55%. Terex’s quarterly revenue was down 1.5% on a year-over-year basis. During the same period last year, the company earned $2.35 earnings per share.

TEX has been the subject of a number of other reports. Citigroup decreased their price target on Terex from $60.00 to $57.00 and set a “neutral” rating for the company in a research note on Monday, September 23rd. Robert W. Baird raised their price target on Terex from $63.00 to $65.00 and gave the company a “neutral” rating in a research note on Wednesday, October 9th. Raymond James assumed coverage on Terex in a research note on Friday, June 28th. They issued a “market perform” rating for the company. JPMorgan Chase & Co. decreased their price target on Terex from $65.00 to $62.00 and set a “neutral” rating for the company in a research note on Monday. Finally, Truist Financial cut their price objective on Terex from $63.00 to $62.00 and set a “buy” rating for the company in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and two have given 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 $60.30.

Terex Stock Up 0.7 %

TEX stock opened at $56.35 on Friday. The company has a quick ratio of 1.07, a current ratio of 2.21 and a debt-to-equity ratio of 0.36. The business has a 50 day moving average price of $53.40 and a two-hundred day moving average price of $56.91. The company has a market cap of $3.79 billion, a price-to-earnings ratio of 7.46, a P/E/G ratio of 4.59 and a beta of 1.53. Terex has a twelve month low of $43.70 and a twelve month high of $68.08.

Institutional Investors Weigh In On Terex

Institutional investors have recently made changes to their positions in the stock. Blue Trust Inc. grew its position in shares of Terex by 57.5% in the 2nd quarter. Blue Trust Inc. now owns 512 shares of the industrial products company’s stock valued at $28,000 after buying an additional 187 shares during the last quarter. FinTrust Capital Advisors LLC lifted its stake in shares of Terex by 202.2% in the 1st quarter. FinTrust Capital Advisors LLC now owns 695 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 465 shares during the period. GAMMA Investing LLC lifted its stake in shares of Terex by 83.3% in the 3rd quarter. GAMMA Investing LLC now owns 737 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 335 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Terex in the 2nd quarter valued at about $109,000. Finally, 1620 Investment Advisors Inc. acquired a new position in shares of Terex in the 2nd quarter valued at about $111,000. Institutional investors own 92.88% of the company’s stock.

Insider Buying and Selling

In other news, Director Andra Rush acquired 2,205 shares of Terex stock in a transaction that occurred on Friday, August 2nd. The shares were acquired at an average price of $54.36 per share, for a total transaction of $119,863.80. Following the transaction, the director now directly owns 21,983 shares of the company’s stock, valued at approximately $1,194,995.88. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.90% of the stock is currently owned by corporate insiders.

Terex Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a yield of 1.21%. Terex’s dividend payout ratio is currently 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.