Zacks Research Brokers Reduce Earnings Estimates for Terex

Terex Corporation (NYSE:TEX) – Equities researchers at Zacks Research dropped their Q2 2026 earnings per share (EPS) estimates for shares of Terex in a research report issued to clients and investors on Friday, May 15th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $1.25 per share for the quarter, down from their previous forecast of $1.34. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Terex’s current full-year earnings is $4.86 per share. Zacks Research also issued estimates for Terex’s FY2026 earnings at $4.83 EPS and FY2028 earnings at $6.37 EPS.

Other equities research analysts have also recently issued research reports about the company. Morgan Stanley reissued an “overweight” rating and issued a $84.00 price target on shares of Terex in a research note on Wednesday, May 6th. Wall Street Zen downgraded Terex from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Truist Financial boosted their price objective on Terex from $72.00 to $82.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Robert W. Baird set a $100.00 price target on Terex in a research note on Thursday, February 12th. Finally, Citigroup upgraded Terex from a “neutral” rating to a “buy” rating and raised their target price for the company from $73.00 to $75.00 in a report on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $73.91.

Terex Trading Down 3.7%

Shares of TEX stock opened at $57.91 on Tuesday. The stock has a market cap of $6.61 billion, a price-to-earnings ratio of 27.71, a PEG ratio of 0.94 and a beta of 1.57. The stock has a 50-day moving average of $60.91 and a 200-day moving average of $57.64. The company has a current ratio of 1.84, a quick ratio of 0.88 and a debt-to-equity ratio of 0.57. Terex has a 1-year low of $41.70 and a 1-year high of $71.50.

Terex (NYSE:TEX) last issued its quarterly earnings results on Friday, May 1st. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.20. The company had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.70 billion. Terex had a return on equity of 13.43% and a net margin of 1.87%.The company’s revenue for the quarter was up 41.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.83 EPS. Terex has set its FY 2026 guidance at 4.500-5.000 EPS.

Institutional Investors Weigh In On Terex

Several hedge funds have recently added to or reduced their stakes in TEX. Wellington Management Group LLP bought a new stake in Terex during the third quarter worth about $121,724,000. Invesco Ltd. lifted 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 acquiring an additional 1,425,996 shares during the last quarter. Schonfeld Strategic Advisors LLC bought a new stake in shares of Terex in the 4th quarter valued at about $69,802,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of Terex by 11,448.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,238,924 shares of the industrial products company’s stock valued at $73,220,000 after acquiring an additional 1,228,196 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Terex by 29.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,442,435 shares of the industrial products company’s stock valued at $262,527,000 after acquiring an additional 1,008,444 shares during the last quarter. Institutional investors own 92.88% of the company’s stock.

Insider Activity at Terex

In other news, insider Joshua Gross sold 5,874 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $61.53, for a total value of $361,427.22. Following the completion of the transaction, the insider directly owned 48,706 shares of the company’s stock, valued at $2,996,880.18. This trade represents a 10.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.60% of the stock is owned by insiders.

About Terex

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.