Terex Corporation (NYSE:TEX – Free Report) – Investment analysts at Zacks Research cut their Q3 2026 earnings per share estimates for Terex in a research note issued on Thursday, August 13th. Zacks Research analyst Team now anticipates that the industrial products company will earn $1.32 per share for the quarter, down from their previous estimate of $1.40. The consensus estimate for Terex’s current full-year earnings is $4.96 per share. Zacks Research also issued estimates for Terex’s Q2 2027 earnings at $1.55 EPS, FY2027 earnings at $5.74 EPS and Q1 2028 earnings at $1.26 EPS.
TEX has been the topic of several other reports. Wall Street Zen raised shares of Terex from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Terex in a report on Friday, July 17th. Citigroup boosted their price objective on shares of Terex from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Raymond James Financial upgraded Terex from an “outperform” rating to a “strong-buy” rating and set a $85.00 price objective for the company in a report on Monday, May 11th. Finally, DA Davidson began coverage on Terex in a research report on Wednesday, June 24th. They issued a “strong-buy” rating and a $81.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.91.
Terex Trading Down 2.8%
NYSE TEX opened at $66.28 on Friday. Terex has a 12 month low of $41.70 and a 12 month high of $74.69. The company has a 50-day moving average of $66.50 and a 200-day moving average of $63.54. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.82 and a quick ratio of 0.93. The company has a market cap of $7.57 billion, a P/E ratio of 33.81, a P/E/G ratio of 1.04 and a beta of 1.51.
Terex (NYSE:TEX – Get Free Report) last released its earnings results on Thursday, July 30th. The industrial products company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.14. Terex had a return on equity of 12.24% and a net margin of 2.23%.The firm had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.14 billion. During the same period in the prior year, the business posted $1.49 earnings per share. The firm’s revenue for the quarter was up 50.5% compared to the same quarter last year. Terex has set its FY 2026 guidance at 4.700-5.100 EPS.
Terex Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Tuesday, August 11th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Tuesday, August 11th. Terex’s dividend payout ratio is currently 34.69%.
Hedge Funds Weigh In On Terex
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. CenterBook Partners LP acquired a new position in Terex during the fourth quarter worth about $934,000. Y Intercept Hong Kong Ltd acquired a new stake in Terex during the first quarter valued at $6,439,000. M&T Bank Corp increased its holdings in Terex by 814.9% in the fourth quarter. M&T Bank Corp now owns 68,501 shares of the industrial products company’s stock worth $3,657,000 after buying an additional 61,014 shares during the last quarter. Hillsdale Investment Management Inc. acquired a new position in shares of Terex during the 4th quarter valued at about $5,055,000. Finally, Norges Bank acquired a new position in Terex during the 4th quarter worth $33,828,000. 92.88% of the stock is owned by hedge funds and other institutional investors.
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.
Featured Stories
- Five stocks we like better than Terex
- Inside Teledyne’s Bold Bet on the Future of Medical Imaging
- Why Are Analysts Freaking Out About Apple’s All-Glass iPhone?
- Asian Market Circuit Breakers Hit Stocks, Not AI Demand
- Riot Platforms Re-Wires the Ledger for a $9B AI Power Play
Receive News & Ratings for Terex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Terex and related companies with MarketBeat.com's FREE daily email newsletter.
