Terex Corporation (TEX)

NYSE: TEX · IEX Real-Time Price · USD
35.56
+1.45 (4.25%)
Aug 8, 2022 4:00 PM EDT - Market closed
4.25%
Market Cap 2.41B
Revenue (ttm) 4.06B
Net Income (ttm) 232.90M
Shares Out 67.80M
EPS (ttm) 3.29
PE Ratio 10.81
Forward PE 9.91
Dividend $0.51 (1.43%)
Ex-Dividend Date Aug 11, 2022
Volume 1,041,410
Open 34.55
Previous Close 34.11
Day's Range 34.30 - 35.59
52-Week Range 26.64 - 53.82
Beta 1.63
Analysts Buy
Price Target 44.52 (+25.2%)
Earnings Date Aug 2, 2022

About TEX

Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Aerial Work Platforms (AWP) and Materials Processing (MP). The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers under the Terex and Genie brands. Its products include portable material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, scissor lifts, utility equ... [Read more...]

Industry Machinery
CEO John Garrison
Employees 8,600
Stock Exchange NYSE
Ticker Symbol TEX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for TEX stock is "Buy." The 12-month stock price forecast is 44.52, which is an increase of 25.20% from the latest price.

Price Target
$44.52
(25.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Terex (TEX) Q2 Earnings Beat Estimates, Raises FY22 View

Terex (TEX) delivers year-over-year improvement in Q2 earnings on strong demand. The company raises its earnings guidance for 2022, backed by the robust performance so far this year.

Terex (TEX) Surpasses Q2 Earnings and Revenue Estimates

Terex (TEX) delivered earnings and revenue surprises of 22.99% and 0.65%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Terex Reports Second Quarter 2022 Results

Sales of $1.1 billion increased 4% year-over-year, 9% on FX neutral basis, driven by strong growth in Materials Processing Backlog growth of 51% year-over-year to $3.5 billion Operating margin of 9.6% i...

Terex MP Acquires ProAll, Canada's Leading Producer of Volumetric Mixers for Concrete

NORWALK, Conn. , Aug. 1, 2022 /PRNewswire/ -- Terex Materials Processing (MP), a global leader in aggregate, environmental, concrete, lifting, and handling machinery, today announced the acquisition of ...

Terex (TEX) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Terex (TEX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Terex Announces Quarterly Dividend

NORWALK, Conn. , July 13, 2022 /PRNewswire/ -- Terex Corporation (NYSE:TEX) announced that its Board of Directors declared a quarterly dividend of $0.13 per share.

3 Construction & Mining Equipment Stocks to Ride Demand Trends

Upbeat demand in end-markets, cost-control efforts and investment in digital initiatives are likely to aid the Zacks Manufacturing - Construction and Mining industry players like CAT, KMTUY and TEX.

Other symbols: CAT

Terex Announces Second Quarter 2022 Financial Results Conference Call

NORWALK, Conn. , July 12, 2022 /PRNewswire/ -- Terex Corporation (NYSE: TEX) will host a conference call to review its second quarter 2022 financial results on Wednesday, August 3, 2022 at 8:30 a.m.

Terex (TEX) Moves 6.1% Higher: Will This Strength Last?

Terex (TEX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Terex to Present at Stifel's 2022 Cross Sector Insight Conference

NORWALK, Conn. , June 6, 2022 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at Stifel's 2022 Cross Sector Insight Conference.

Terex (TEX) Bets on Strong Demand Levels Amid High Costs

Terex (TEX) is likely to gain on solid demand trends and focus on strategic growth initiatives and cost-control actions that will help negate the impact of the cost inflation and supply chain issues.

Terex (TEX) Surpasses Q1 Earnings and Revenue Estimates

Terex (TEX) delivered earnings and revenue surprises of 57.45% and 2.39%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Terex Reports First Quarter 2022 Results

Sales of $1 billion increased 16% year-over-year Record backlog of $3.5 billion as customer demand remains strong Cost discipline with 11.1% SG&A percent of sales; Decreased spending by $3 million Opera...

Terex Announces Acquisition of Northern Ireland Steel Fabricator to Support Growth of Materials Processing

NORWALK, Conn., April 25, 2022 /PRNewswire/ -- Terex (NYSE: TEX) today announced the acquisition of Steelweld, a manufacturer of heavy fabrications based in Northern Ireland.

Terex (TEX) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

Terex (TEX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Terex Announces First Quarter 2022 Financial Results Conference Call

NORWALK, Conn. , April 7, 2022 /PRNewswire/ -- Terex Corporation (NYSE: TEX) will host a conference call to review its first quarter 2022 financial results on Friday, April 29, 2022 at 8:30 a.m.

Terex to Present at J.P. Morgan's 2022 Industrials Conference

NORWALK, Conn. , March 14, 2022 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at J.P.

Terex to Present at the Evercore ISI 14th Annual Industrial Conference

NORWALK, Conn., Feb. 25, 2022 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at the Evercore ISI Industrial Conference.

Why Terex (TEX) is a Top Value Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Terex to Present at Citi's 2022 Global Industrial Tech and Mobility Conference

NORWALK, Conn., Feb. 15, 2022 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at Citi's 2022 Global Industrial Tech and Mobility...

Terex to Present at the Barclays Industrial Select Conference

NORWALK, Conn., Feb. 15, 2022 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at the Barclays Industrial Select Conference.

Terex (TEX) Q4 Earnings & Revenues Surpass Estimates, Up Y/Y

Terex (TEX) delivers year-over-year improvement in fourth-quarter earnings on strong demand. The company anticipates sales between $4.1 billion and $4.3 billion in 2022.

Terex (TEX) Beats Q4 Earnings and Revenue Estimates

Terex (TEX) delivered earnings and revenue surprises of 51.85% and 4.35%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Terex Announces Dividend Increase of 8.3%

NORWALK, Conn., Feb. 10, 2022 /PRNewswire/ -- Terex Corporation (NYSE:TEX) announced that its Board of Directors declared a quarterly dividend of $0.13 per share.

Terex Reports Strong Fourth Quarter and Full Year 2021 Results

NORWALK, Conn., Feb. 10, 2022 /PRNewswire/ -- Terex Corporation (NYSE: TEX) reported fourth quarter 2021 income from continuing operations of $58.0 million, or $0.82 per share, on net sales of $990.1 mi...