Zacks Research Weighs in on Terex’s Q1 Earnings (NYSE:TEX)

Terex Co. (NYSE:TEX) – Stock analysts at Zacks Research upped their Q1 2025 EPS estimates for shares of Terex in a research note issued to investors on Wednesday, October 16th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings per share of $1.54 for the quarter, up from their prior forecast of $1.53. The consensus estimate for Terex’s current full-year earnings is $5.91 per share.

Terex (NYSE:TEX) last announced its earnings results on Tuesday, July 30th. The industrial products company reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.06 by $0.10. The business had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Terex had a return on equity of 27.89% and a net margin of 9.55%. The business’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same period last year, the firm posted $2.35 earnings per share.

Several other brokerages have also recently issued reports on TEX. Truist Financial reduced their target price on Terex from $63.00 to $62.00 and set a “buy” rating on the stock in a report on Wednesday, October 9th. Evercore ISI reduced their price objective on Terex from $67.00 to $59.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Robert W. Baird increased their target price on Terex from $63.00 to $65.00 and gave the company a “neutral” rating in a research report on Wednesday, October 9th. Citigroup reduced their price target on shares of Terex from $60.00 to $57.00 and set a “neutral” rating on the stock in a research report on Monday, September 23rd. Finally, Jefferies Financial Group decreased their price target on shares of Terex from $68.00 to $55.00 and set a “hold” rating on the stock in a research note on Thursday, July 11th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $60.33.

Terex Stock Performance

TEX opened at $56.14 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.07 and a current ratio of 2.21. The stock has a market capitalization of $3.78 billion, a price-to-earnings ratio of 7.44, a PEG ratio of 4.59 and a beta of 1.53. The company has a fifty day moving average of $53.44 and a 200 day moving average of $56.86. Terex has a fifty-two week low of $43.70 and a fifty-two week high of $68.08.

Terex Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 8th will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Friday, November 8th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.21%. Terex’s dividend payout ratio is presently 9.01%.

Insider Activity at Terex

In other Terex news, Director Andra Rush purchased 2,205 shares of Terex stock in a transaction dated Friday, August 2nd. The shares were purchased at an average cost of $54.36 per share, for a total transaction of $119,863.80. Following the completion of the acquisition, the director now owns 21,983 shares in the company, valued at $1,194,995.88. This represents a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Quadrature Capital Ltd purchased a new stake in shares of Terex in the fourth quarter valued at approximately $319,000. Westend Capital Management LLC bought a new stake in Terex during the 1st quarter valued at $203,000. Range Financial Group LLC lifted its holdings in shares of Terex by 6.5% in the 1st quarter. Range Financial Group LLC now owns 13,690 shares of the industrial products company’s stock worth $882,000 after buying an additional 837 shares during the period. Hennessy Advisors Inc. grew its position in shares of Terex by 43.9% during the 1st quarter. Hennessy Advisors Inc. now owns 77,700 shares of the industrial products company’s stock worth $5,004,000 after buying an additional 23,700 shares in the last quarter. Finally, AlphaMark Advisors LLC increased its stake in shares of Terex by 14.5% during the first quarter. AlphaMark Advisors LLC now owns 5,299 shares of the industrial products company’s stock valued at $341,000 after buying an additional 670 shares during the period. 92.88% of the stock is currently owned by institutional investors.

Terex Company Profile

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.