Zacks Research Issues Positive Estimate for Terex Earnings

Terex Co. (NYSE:TEX) – Research analysts at Zacks Research boosted their Q3 2026 EPS estimates for Terex in a note issued to investors on Tuesday, April 15th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings per share of $1.67 for the quarter, up from their previous forecast of $1.66. The consensus estimate for Terex’s current full-year earnings is $4.83 per share. Zacks Research also issued estimates for Terex’s FY2026 earnings at $5.44 EPS, Q1 2027 earnings at $0.64 EPS and FY2027 earnings at $5.58 EPS.

Other equities analysts have also recently issued reports about the stock. JPMorgan Chase & Co. decreased their target price on shares of Terex from $48.00 to $38.00 and set a “neutral” rating for the company in a research note on Monday. Evercore ISI lowered their target price on shares of Terex from $63.00 to $59.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 19th. Morgan Stanley cut their price target on Terex from $43.00 to $30.00 and set an “equal weight” rating for the company in a research note on Wednesday. The Goldman Sachs Group lowered their price target on Terex from $60.00 to $52.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 19th. Finally, Truist Financial reduced their target price on Terex from $58.00 to $47.00 and set a “buy” rating for the company in a research note on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $45.60.

Terex Trading Up 1.2 %

Shares of NYSE:TEX opened at $34.50 on Thursday. The company has a market capitalization of $2.29 billion, a PE ratio of 6.96, a PEG ratio of 4.53 and a beta of 1.40. Terex has a 12-month low of $31.53 and a 12-month high of $68.08. The business has a 50 day moving average of $39.53 and a two-hundred day moving average of $46.66. The company has a current ratio of 2.16, a quick ratio of 1.09 and a debt-to-equity ratio of 1.41.

Terex (NYSE:TEX) last issued its quarterly earnings data on Thursday, February 6th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate 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 previous year, the firm posted $1.88 earnings per share.

Institutional Investors Weigh In On Terex

Hedge funds have recently modified their holdings of the company. Orion Portfolio Solutions LLC purchased a new stake in shares of Terex in the 3rd quarter valued at approximately $217,000. Barclays PLC lifted its holdings in Terex by 40.2% during the 3rd quarter. Barclays PLC now owns 129,250 shares of the industrial products company’s stock worth $6,838,000 after buying an additional 37,072 shares in the last quarter. Geode Capital Management LLC boosted its position in Terex by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,596,070 shares of the industrial products company’s stock valued at $84,463,000 after buying an additional 8,624 shares during the period. Invst LLC acquired a new position in shares of Terex in the third quarter worth $206,000. Finally, Virtu Financial LLC acquired a new stake in shares of Terex in the third quarter valued at $704,000. Hedge funds and other institutional investors own 92.88% of the company’s stock.

Insider Buying and Selling at Terex

In related news, Director Andra Rush bought 1,325 shares of the business’s stock in a transaction on Tuesday, March 4th. The stock was acquired at an average cost of $36.96 per share, with a total value of $48,972.00. Following the purchase, the director now directly owns 23,308 shares of the company’s stock, valued at $861,463.68. The trade was a 6.03 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.90% of the stock is owned by insiders.

Terex Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Friday, March 7th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.68 annualized dividend and a yield of 1.97%. Terex’s dividend payout ratio 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.