Terex (NYSE:TEX) Updates FY 2025 Earnings Guidance

Terex (NYSE:TEX) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 4.700-5.100 for the period, compared to the consensus EPS estimate of 5.150. The company issued revenue guidance of $5.3 billion-$5.5 billion, compared to the consensus revenue estimate of $5.4 billion.

Analyst Upgrades and Downgrades

TEX has been the subject of several research analyst reports. JPMorgan Chase & Co. reduced their target price 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 cut their target price on Terex from $65.00 to $55.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. Citigroup decreased their price target on Terex from $57.00 to $48.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 14th. StockNews.com downgraded shares of Terex from a “hold” rating to a “sell” rating in a research note on Friday. Finally, Truist Financial dropped their target price 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. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $56.63.

Terex Trading Down 4.0 %

Shares of TEX traded down $1.87 during trading hours on Friday, hitting $44.66. 1,885,367 shares of the stock were exchanged, compared to its average volume of 721,582. The firm has a market capitalization of $2.98 billion, a P/E ratio of 9.00, a price-to-earnings-growth ratio of 4.53 and a beta of 1.54. The company has a debt-to-equity ratio of 1.41, a current ratio of 2.16 and a quick ratio of 1.16. Terex has a fifty-two week low of $43.50 and a fifty-two week high of $68.08. The business has a 50-day moving average of $47.69 and a 200-day moving average of $52.12.

Terex (NYSE:TEX) last announced its quarterly earnings results on Thursday, February 6th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, topping 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 quarter in the prior year, the company earned $1.88 earnings per share. On average, research analysts expect that Terex will post 5.03 EPS for the current year.

Terex Announces Dividend

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

Insider Transactions at Terex

In related news, Director David A. Sachs bought 20,000 shares of Terex stock in a transaction dated Friday, December 13th. The stock was purchased at an average cost of $49.75 per share, with a total value of $995,000.00. Following the transaction, the director now directly owns 137,500 shares of the company’s stock, valued at approximately $6,840,625. The trade was a 17.02 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Simon Meester sold 9,877 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $51.14, for a total value of $505,109.78. Following the sale, 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. Company 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.