Terex (NYSE:TEX) Posts Earnings Results, Beats Estimates By $0.01 EPS

Terex (NYSE:TEX) announced its earnings results on Thursday. The industrial products company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.01, Zacks reports. Terex had a net margin of 6.54% and a return on equity of 21.99%. During the same quarter in the previous year, the company earned $1.88 earnings per share. Terex updated its FY 2025 guidance to 4.700-5.100 EPS.

Terex Trading Down 4.0 %

Shares of Terex stock opened at $44.66 on Friday. The company has a quick ratio of 1.16, a current ratio of 2.16 and a debt-to-equity ratio of 1.41. The firm has a market cap of $2.98 billion, a price-to-earnings ratio of 9.00, a PEG ratio of 4.53 and a beta of 1.54. Terex has a twelve month low of $43.50 and a twelve month high of $68.08. The business has a 50-day moving average price of $47.69 and a 200-day moving average price of $52.12.

Terex Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Friday, March 7th will be issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.52%. The ex-dividend date is Friday, March 7th. Terex’s dividend payout ratio (DPR) is presently 13.71%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TEX. StockNews.com downgraded Terex from a “hold” rating to a “sell” rating in a research report on Friday. JPMorgan Chase & Co. cut their price objective on Terex from $59.00 to $52.00 and set a “neutral” rating for the company in a research note on Tuesday, January 14th. Robert W. Baird decreased their target price on shares of Terex from $65.00 to $55.00 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. Truist Financial dropped their price target on shares of Terex from $65.00 to $58.00 and set a “buy” rating for the company in a research report on Thursday, December 19th. Finally, Citigroup decreased their price objective on shares of Terex from $57.00 to $48.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $56.63.

Insider Transactions at Terex

In other news, Director David A. Sachs bought 20,000 shares of the stock in a transaction on Friday, December 13th. The stock was acquired at an average cost of $49.75 per share, for a total transaction of $995,000.00. Following the acquisition, the director now owns 137,500 shares of the company’s stock, valued at $6,840,625. This represents a 17.02 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Simon Meester sold 9,877 shares of the stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $51.14, for a total transaction of $505,109.78. Following the transaction, the chief executive officer now owns 127,858 shares in the company, valued at approximately $6,538,658.12. The trade was a 7.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.90% of the company’s stock.

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.