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

Terex (NYSE:TEX) posted its quarterly earnings results on Thursday. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.01, Zacks reports. Terex had a net margin of 9.08% and a return on equity of 24.92%. During the same period in the prior year, the company posted $1.88 earnings per share. Terex updated its FY 2025 guidance to 4.700-5.100 EPS.

Terex Stock Performance

Shares of NYSE TEX traded down $1.41 during mid-day trading on Friday, reaching $45.11. 175,731 shares of the company’s stock were exchanged, compared to its average volume of 715,900. The firm has a market capitalization of $3.01 billion, a price-to-earnings ratio of 6.57, a price-to-earnings-growth ratio of 4.51 and a beta of 1.54. The firm has a 50-day moving average price of $47.90 and a two-hundred day moving average price of $52.25. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.39 and a quick ratio of 1.16. Terex has a 52 week low of $43.50 and a 52 week high of $68.08.

Terex Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Friday, March 7th will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.51%. Terex’s dividend payout ratio is presently 9.93%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on TEX. Robert W. Baird decreased their target price on shares of 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 objective on Terex from $57.00 to $48.00 and set a “neutral” rating for the company in a report on Tuesday, January 14th. JPMorgan Chase & Co. dropped their target price on Terex from $59.00 to $52.00 and set a “neutral” rating on the stock in a report on Tuesday, January 14th. Finally, Truist Financial decreased their price target on Terex from $65.00 to $58.00 and set a “buy” rating for the company in a report on Thursday, December 19th. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $56.63.

Insider Buying and Selling

In other news, Director David A. Sachs bought 20,000 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was acquired at an average cost of $49.75 per share, with a total value of $995,000.00. Following the completion of the transaction, the director now directly owns 137,500 shares of the company’s stock, valued at $6,840,625. This represents a 17.02 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Simon Meester sold 9,877 shares of the company’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 transaction, the chief executive officer now directly owns 127,858 shares in the company, valued at $6,538,658.12. This represents a 7.17 % decrease in their position. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by corporate insiders.

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.