Terex (NYSE:TEX) Releases FY 2025 Earnings Guidance

Terex (NYSE:TEX) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.700-5.100 for the period, compared to the consensus earnings per share 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.

Analysts Set New Price Targets

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

Terex Stock Down 4.0 %

NYSE:TEX traded down $1.87 during trading hours on Friday, reaching $44.66. The company’s stock had a trading volume of 1,885,367 shares, compared to its average volume of 721,582. The business’s 50-day moving average is $47.69 and its 200-day moving average is $52.12. Terex has a one year low of $43.50 and a one year high of $68.08. The company has a market cap of $2.98 billion, a price-to-earnings 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 (NYSE:TEX) last posted its quarterly earnings data 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 net margin of 6.54% and a return on equity of 21.99%. During the same quarter in the prior year, the business posted $1.88 EPS. Equities research analysts predict that Terex will post 5.03 EPS for the current year.

Terex Announces Dividend

The business 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. The ex-dividend date of this dividend is Friday, March 7th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.52%. Terex’s payout ratio is 13.71%.

Insider Buying and Selling

In related news, Director David A. Sachs bought 10,000 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was bought at an average cost of $51.30 per share, for a total transaction of $513,000.00. Following the transaction, the director now owns 107,500 shares of the company’s stock, valued at $5,514,750. This represents a 10.26 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Simon Meester sold 9,877 shares of Terex stock in a transaction that occurred on 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 directly owns 127,858 shares in the company, valued at $6,538,658.12. The trade was 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.

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.