Terex Corporation (TEX)
Market Cap | 3.01B |
Revenue (ttm) | 5.11B |
Net Income (ttm) | 464.00M |
Shares Out | 66.80M |
EPS (ttm) | 6.84 |
PE Ratio | 6.58 |
Forward PE | 9.20 |
Dividend | $0.68 (1.51%) |
Ex-Dividend Date | Nov 8, 2024 |
Volume | 827,569 |
Open | 44.70 |
Previous Close | 45.20 |
Day's Range | 44.60 - 46.13 |
52-Week Range | 44.60 - 68.08 |
Beta | 1.53 |
Analysts | Hold |
Price Target | 59.55 (+32.13%) |
Earnings Date | Feb 6, 2025 |
About TEX
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, convey... [Read more]
Financial Performance
In 2023, Terex's revenue was $5.15 billion, an increase of 16.61% compared to the previous year's $4.42 billion. Earnings were $518.00 million, an increase of 72.67%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for TEX stock is "Hold." The 12-month stock price forecast is $59.55, which is an increase of 32.13% from the latest price.
News
Terex Corporation (TEX) Q3 2024 Earnings Call Transcript
Terex Corporation (NYSE:TEX) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Derek Everitt - VP, IR Simon Meester - President & CEO Julie Beck - SVP & CFO Conference...
Terex Reports Third Quarter 2024 Results
Sales of $1.2 billion and operating margin of 10.1% and 10.5% as adjusted1 EPS of $1.31 and adjusted1 EPS of $1.46 Return on invested capital of 23.7% Full-year adjusted1 EPS outlook of $5.85 to $6.25...
Dover Completes Sale of Environmental Solutions Group Business
DOWNERS GROVE, Ill. , Oct. 8, 2024 /PRNewswire/ -- Dover Corporation (NYSE: DOV) today announced that it has completed the previously reported sale of its Environmental Solutions Group business, which...
Terex Corporation Announces Pricing of Private Offering of $750 Million of 6.250% Senior Notes Due 2032
NORWALK, Conn. , Sept. 30, 2024 /PRNewswire/ --Terex Corporation ("Terex") (NYSE:TEX) today announced that it has priced its previously announced private offering (the "Private Offering") of $750 mill...
Terex Corporation Announces Launch of Private Offering of $750 Million of Senior Notes Due 2032
NORWALK, Conn. , Sept. 30, 2024 /PRNewswire/ -- Terex Corporation ("Terex") (NYSE:TEX) today announced that it intends to offer, subject to market and other conditions, $750 million in aggregate princ...
Terex: Still A Buy Even If The ESG Acquisition Lowers Its Intrinsic Value (Valuation Update)
Terex's acquisition of ESG for USD 2 billion increases financial risk due to new debt, reducing intrinsic value from USD 92 to USD 84 per share. Despite the acquisition not being value accretive, TEX ...
Terex Updates 2024 Outlook and Announces Third Quarter 2024 Financial Results Conference Call
NORWALK, Conn. , Sept. 19, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) today announced that it is updating its 2024 outlook.
Terex Announces Expiration of the Waiting Period Under the HSR Act for Proposed Acquisition of Environmental Solutions Group (ESG) from Dover Corporation
NORWALK, Conn. , Sept. 10, 2024 /PRNewswire/ -- Terex Corporation (NYSE:TEX) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR A...
Terex to Present at the Jefferies Industrials Conference
NORWALK, Conn. , Aug. 28, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at the Jefferies Industrials Conference.
Terex: M&A Company With Good ROIC Trading At Fair Value
Terex Corporation is favored by super-investors like Alex Roepers and Greenhaven Associates, with a "Hold" rating due to high ROIC and fair valuation. Terex operates in M&A, with segments in Material ...
Terex Corporation (TEX) Q2 2024 Earnings Call Transcript
Terex Corporation (NYSE:TEX) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Jon Paterson - VP and Treasurer Simon Meester - President and CEO Julie Beck - SVP and CFO ...
Terex Reports Strong Second Quarter 2024 Results
Sales of $1.4 billion, consistent with prior year Income from operations of $193 million, up 22% sequentially Operating profit margin of 14.0%, improved 180 bps sequentially Earnings per share of $2.0...
Terex Announces Quarterly Dividend
NORWALK, Conn. , July 30, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced that its Board of Directors declared a quarterly dividend of $0.17 per share.
Terex Stock Surges After Buying Dover Unit for $2B
Shares of industrial manufacturer Terex Corp. (TEX) jumped Monday after the industrial manufacturer said it has agreed to acquire Dover Corp.'s (DOV) Environmental Solutions Group for $2 billion in ca...
Terex to Acquire Environmental Solutions Group (ESG) from Dover Corporation, Establishing Leading Presence in Waste and Recycling Market
Purchase price of $2.0 billion; $1.725 billion net of expected tax benefits Reduces cyclicality, delivers financial accretion and lowers capital intensity Unlocks ~$25 million of cost and revenue syne...
Dover to Sell Environmental Solutions Group Business Unit
DOWNERS GROVE, Ill. , July 22, 2024 /PRNewswire/ -- Dover (NYSE: DOV) today announced that it has entered into a definitive agreement to sell its Environmental Solutions Group business ("ESG"), which ...
Terex Announces Second Quarter 2024 Financial Results Conference Call
NORWALK, Conn. , July 19, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) will host a conference call to review its second quarter 2024 financial results on Wednesday, July 31, 2024 at 8:30 a.m.
Terex Corporation: Current Valuation Does Not Justify This Amazing Company
The company's topline growth moderated in Q1 2024 after delivering strong double-digit growth in 2023. Despite near-term headwinds in Europe, strong backlog and favorable demand in North America shoul...
Terex to Present at Industrial Investor Conferences in May & June
NORWALK, Conn. , May 24, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in the following industrial investor conferences: KeyBanc's 2024 In...
Terex Corporation (TEX) Q1 2024 Earnings Call Transcript
Terex Corporation (NYSE:TEX) Q1 2024 Earnings Conference Call April 26, 2024 8:30 AM ET Company Participants Neil Frohnapple - VP of IR Simon Meester - President and CEO Julie Beck - SVP and CFO Conf...
Terex: The Market Has Missed This Wonderful Company
Terex has a business strategy of divesting non-core products and businesses and acquiring new ones, leading to changes in its business profile. Despite no revenue growth over the past decade, the comp...
Terex Reports Strong First Quarter 2024 Results; Raises Full-Year Outlook
Sales of $1.3 billion increased 5% year-over-year Income from operations of $158 million, up 7% year-over-year Operating profit margin of 12.2% improved 20 bps year-over-year Earnings per share of $1....
Terex Names R. Mark Cox SVP Corporate Development
NORWALK, Conn. , April 15, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) today announced the appointment of R.
Terex Announces First Quarter 2024 Financial Results Conference Call
NORWALK, Conn., April 11, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) will host a conference call to review its first quarter 2024 financial results on Friday, April 26, 2024 at 8:30 a.m.
Terex to Participate in the J.P. Morgan Industrials Conference
NORWALK, Conn. , March 7, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in the J.P.