Zacks Research Forecasts Terex’s Q4 Earnings (NYSE:TEX)

Terex Corporation (NYSE:TEX) – Equities researchers at Zacks Research dropped their Q4 2027 EPS estimates for shares of Terex in a research note issued on Thursday, March 19th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $1.56 for the quarter, down from their prior estimate of $1.57. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Terex’s current full-year earnings is $4.83 per share.

Several other analysts also recently weighed in on the company. Truist Financial increased their target price on Terex from $72.00 to $82.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Wall Street Zen lowered Terex from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 21st. JPMorgan Chase & Co. began coverage on Terex in a research report on Wednesday, March 4th. They issued a “neutral” rating and a $76.00 price objective for the company. Robert W. Baird set a $100.00 price objective on shares of Terex in a research note on Thursday, February 12th. Finally, Wells Fargo & Company boosted their target price on shares of Terex from $56.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Friday, February 13th. Seven analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $72.90.

Terex Trading Down 1.3%

Terex stock opened at $57.97 on Friday. Terex has a 52 week low of $31.53 and a 52 week high of $71.50. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.36 and a current ratio of 2.30. The firm has a market capitalization of $6.59 billion, a PE ratio of 17.41, a PEG ratio of 1.19 and a beta of 1.62. The business’s 50-day simple moving average is $63.11 and its 200-day simple moving average is $55.34.

Terex (NYSE:TEX) last released its earnings results on Wednesday, February 11th. The industrial products company reported $1.12 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.12. Terex had a net margin of 4.08% and a return on equity of 16.51%. The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the previous year, the business earned $0.77 EPS. The business’s revenue was up 6.2% on a year-over-year basis. Terex has set its FY 2026 guidance at 4.500-5.00 EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Wellington Management Group LLP acquired a new stake in Terex during the third quarter worth $121,724,000. Invesco Ltd. raised its stake in shares of Terex by 801.3% in the 3rd quarter. Invesco Ltd. now owns 1,603,965 shares of the industrial products company’s stock valued at $82,283,000 after buying an additional 1,425,996 shares in the last quarter. Schonfeld Strategic Advisors LLC acquired a new position in shares of Terex in the 4th quarter valued at $69,802,000. Morgan Stanley lifted its holdings in shares of Terex by 77.2% during the 4th quarter. Morgan Stanley now owns 1,669,042 shares of the industrial products company’s stock worth $89,094,000 after acquiring an additional 727,277 shares during the period. Finally, Norges Bank bought a new position in shares of Terex during the 4th quarter worth about $33,828,000. 92.88% of the stock is owned by institutional investors.

Insider Activity at Terex

In other news, insider Kieran Hegarty sold 11,980 shares of Terex stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $69.24, for a total transaction of $829,495.20. Following the sale, the insider owned 173,495 shares of the company’s stock, valued at approximately $12,012,793.80. This trade represents a 6.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.90% of the company’s stock.

Terex Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, March 6th were issued a $0.17 dividend. The ex-dividend date of this dividend was Friday, March 6th. This represents a $0.68 annualized dividend and a yield of 1.2%. Terex’s dividend payout ratio is 20.42%.

Terex Company Profile

Terex Corporation is a global manufacturer of lifting and material-handling plant and equipment, serving a range of industries that includes construction, infrastructure, energy, manufacturing and shipping logistics. Its product portfolio encompasses aerial work platforms, rough terrain and tower cranes, port and cargo handling equipment, material processing machinery and utility products. These offerings are marketed under well-known brands such as Genie®, Terex® AWP, Terex® Cranes, Demag®, and Powerscreen®, and are designed to meet diverse application requirements from building sites to industrial facilities and ports.

Headquartered in Westport, Connecticut, Terex traces its roots back to 1933 and has grown through strategic acquisitions and organic expansion.