Zacks Research Has Bullish Forecast for Terex Q1 Earnings

Terex Co. (NYSE:TEX) – Analysts at Zacks Research lifted their Q1 2026 earnings per share (EPS) estimates for Terex in a note issued to investors on Tuesday, April 8th. Zacks Research analyst M. Das now expects that the industrial products company will earn $0.62 per share for the quarter, up from their prior forecast of $0.60. The consensus estimate for Terex’s current full-year earnings is $4.83 per share.

Terex (NYSE:TEX) last posted its quarterly earnings data on Thursday, February 6th. The industrial products company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.01. Terex had a return on equity of 21.99% and a net margin of 6.54%. During the same period in the prior year, the firm posted $1.88 EPS.

TEX has been the subject of a number of other research reports. Truist Financial decreased their price target on Terex from $58.00 to $47.00 and set a “buy” rating for the company in a research report on Tuesday. Barclays reduced their price target on shares of Terex from $60.00 to $52.00 and set an “equal weight” rating for the company in a research report on Monday, February 10th. Citigroup lowered their price target on Terex from $45.00 to $36.00 and set a “neutral” rating on the stock in a report on Tuesday. StockNews.com downgraded shares of Terex from a “hold” rating to a “sell” rating in a research report on Friday, February 7th. Finally, Evercore ISI lowered their price target on Terex from $63.00 to $59.00 and set an “outperform” rating for the company in a research note on Wednesday, February 19th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $48.44.

Terex Stock Performance

TEX opened at $34.95 on Thursday. The company has a quick ratio of 1.09, a current ratio of 2.16 and a debt-to-equity ratio of 1.41. The firm has a market cap of $2.32 billion, a PE ratio of 7.05, a P/E/G ratio of 4.53 and a beta of 1.40. The business has a fifty day simple moving average of $40.44 and a 200-day simple moving average of $47.12. Terex has a fifty-two week low of $31.53 and a fifty-two week high of $68.08.

Hedge Funds Weigh In On Terex

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. E. Ohman J or Asset Management AB increased its position in shares of Terex by 66.4% during the first quarter. E. Ohman J or Asset Management AB now owns 61,727 shares of the industrial products company’s stock valued at $2,332,000 after purchasing an additional 24,626 shares during the period. Cascade Investment Advisors Inc. raised its holdings in shares of Terex by 4.8% in the 1st quarter. Cascade Investment Advisors Inc. now owns 24,255 shares of the industrial products company’s stock worth $916,000 after buying an additional 1,105 shares in the last quarter. GAMMA Investing LLC boosted its stake in Terex by 6,144.2% in the 1st quarter. GAMMA Investing LLC now owns 49,454 shares of the industrial products company’s stock valued at $1,868,000 after buying an additional 48,662 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in Terex during the fourth quarter worth $59,179,000. Finally, Mackenzie Financial Corp lifted its holdings in shares of Terex by 124.9% during the fourth quarter. Mackenzie Financial Corp now owns 9,897 shares of the industrial products company’s stock valued at $457,000 after acquiring an additional 5,497 shares during the period. 92.88% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Andra Rush bought 1,325 shares of Terex stock in a transaction that occurred on Tuesday, March 4th. The stock was acquired at an average price of $36.96 per share, for a total transaction of $48,972.00. Following the completion of the purchase, the director now owns 23,308 shares in the company, valued at approximately $861,463.68. This represents a 6.03 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.90% of the stock is owned by company insiders.

Terex Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Friday, March 7th were issued a dividend of $0.17 per share. The ex-dividend date was Friday, March 7th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.95%. Terex’s dividend payout ratio (DPR) is presently 13.71%.

About Terex

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, conveyors, and related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands.