Terex Corporation (TEX)

NYSE: TEX · IEX Real-Time Price · USD
53.93
+0.43 (0.80%)
Jun 24, 2024, 4:00 PM EDT - Market closed
0.80%
Market Cap 3.63B
Revenue (ttm) 5.21B
Net Income (ttm) 514.00M
Shares Out 67.30M
EPS (ttm) 7.55
PE Ratio 7.14
Forward PE 7.49
Dividend $0.68 (1.26%)
Ex-Dividend Date Jun 6, 2024
Volume 729,929
Open 53.83
Previous Close 53.50
Day's Range 53.73 - 55.45
52-Week Range 43.70 - 65.89
Beta 1.62
Analysts Hold
Price Target 63.00 (+16.82%)
Earnings Date Jul 30, 2024

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]

Sector Industrials
CEO Simon A. Meester
Employees 10,200
Stock Exchange NYSE
Ticker Symbol TEX
Full Company Profile

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 Statements

Analyst Forecast

According to 13 analysts, the average rating for TEX stock is "Hold." The 12-month stock price forecast is $63.0, which is an increase of 16.82% from the latest price.

Price Target
$63.0
(16.82% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

4 weeks ago - PRNewsWire

Terex Announces Quarterly Dividend

NORWALK, Conn., May 23, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced that its Board of Directors declared a quarterly dividend of $0.17 per share.

4 weeks ago - PRNewsWire

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....

2 months ago - PRNewsWire

Terex Names R. Mark Cox SVP Corporate Development

NORWALK, Conn. , April 15, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) today announced the appointment of R.

2 months ago - PRNewsWire

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.

2 months ago - PRNewsWire

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.

3 months ago - PRNewsWire

Neil Frohnapple Named Terex VP Investor Relations

NORWALK, Conn. , March 4, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) today announced the appointment of Neil Frohnapple as Vice President, Investor Relations, effective immediately.

4 months ago - PRNewsWire

Terex to Present at the 16th Annual Evercore ISI Industrial Conference

NORWALK, Conn. , Feb. 27, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at the 16th Annual Evercore ISI Industrial Conf...

4 months ago - PRNewsWire

Terex to Present at Industrial Investor Conferences in February

NORWALK, Conn. , Feb. 15, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in fireside chats at industrial investor conferences in February, ...

4 months ago - PRNewsWire

Terex Reports Fourth Quarter and Full-Year 2023 Results

Full-year sales of $5.2 billion increased 17% Q4 and full-year income from operations of $116 million and $637 million Q4 and full-year operating margins of 9.5% and 12.4% Q4 and full-year EPS of $1.8...

4 months ago - PRNewsWire

Terex Announces Fourth Quarter and Year-End 2023 Financial Results Conference Call

NORWALK, Conn. , Jan. 18, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) will host a conference call to review its fourth quarter and year-end 2023 financial results on Friday, February 9, 2024 at...

5 months ago - PRNewsWire

Terex is Named to Newsweek's 2024 Most Responsible Companies List

NORWALK, Conn. , Dec. 14, 2023 /PRNewswire/ -- Terex Corporation (NYSE: TEX) has been named to Newsweek's list of America's Most Responsible Companies for 2024 for the second straight year.

6 months ago - PRNewsWire

Terex Scores 100 on the 2023-2024 Corporate Equality Index

NORWALK, Conn. , Dec. 5, 2023 /PRNewswire/ -- Terex Corporation (NYSE: TEX) today announced that the Company has received the "Equality 100 Award" from the 2023-2024 Human Rights Campaign (HRC) Corpor...

7 months ago - PRNewsWire

Terex Reports Third Quarter 2023 Results

Sales of $1.3 billion increased 15% year-over-year Income from operations of $163 million, up 35% year-over-year Operating profit margin of 12.7% improved 190bps year-over-year EPS of $1.75 increased ...

8 months ago - PRNewsWire

Terex Releases its 2023 Sustainability Report

NORWALK, Conn. , Oct. 24, 2023 /PRNewswire/ -- Terex Corporation (NYSE: TEX) today announced the publication of its 2023 Sustainability Report, the Company's fourth annual report.

8 months ago - PRNewsWire

Terex's stock slides as hiked outlook falls short of Street view

Shares of Terex Corp. TEX, +0.43% declined in the extended session Tuesday after the crane and construction equipment company's hiked outlook fell short of Wall Street expectations while announcing th...

8 months ago - Market Watch

Terex Announces Leadership Succession Plan

John L. Garrison, Jr. to retire as Chairman and CEO effective January 1, 2024 Simon Meester, current President Terex Aerial Work Platforms, named next CEO Joshua Gross named next President Genie Raise...

8 months ago - PRNewsWire

Terex Announces Third Quarter 2023 Financial Results Conference Call

NORWALK, Conn. , Oct. 16, 2023 /PRNewswire/ -- Terex Corporation (NYSE: TEX) will host a conference call to review its third quarter 2023 financial results on Friday, October 27, 2023 at 8:30 a.m.

9 months ago - PRNewsWire

Terex to Present at the Jefferies 2023 Industrials Conference

NORWALK, Conn. , Sept. 5, 2023 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at the Jefferies Industrials Conference.

10 months ago - PRNewsWire

Seun Salami Joins Terex Corporation Board of Directors

NORWALK, Conn. , Aug. 24, 2023 /PRNewswire/ -- Terex Corporation (NYSE: TEX) today announced that Seun Salami has been appointed to the Company's Board of Directors.

10 months ago - PRNewsWire

Terex Reports Second Quarter 2023 Results

Sales of $1.4 billion increased 30% year-over-year Income from operations of $210 million, up 102% year-over-year Operating profit margin of 15.0% improved 540bps year-over-year EPS of $2.35 more than...

11 months ago - PRNewsWire

Terex Announces Second Quarter 2023 Financial Results Conference Call

NORWALK, Conn. , July 19, 2023 /PRNewswire/ -- Terex Corporation (NYSE: TEX) will host a conference call to review its second quarter 2023 financial results on Wednesday, August 2, 2023 at 8:30 a.m.

1 year ago - PRNewsWire

Terex Raises Dividend

31% Increase Since Start of 2023 NORWALK, Conn. , July 11, 2023 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced that its Board of Directors declared a quarterly dividend increase of 13% to $0....

1 year ago - PRNewsWire

Terex to Present at Several Industrial Investor Conferences in June

NORWALK, Conn. , June 1, 2023 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in fireside chats at several industrial investor conferences in Jun...

1 year ago - PRNewsWire

Terex to Present at the Goldman Sachs Industrials and Materials Conference

NORWALK, Conn. , May 4, 2023 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at the Goldman Sachs Industrials and Materials Co...

1 year ago - PRNewsWire