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

Terex (NYSE:TEX) posted its quarterly earnings data on Thursday. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter last year, the company earned $1.88 EPS. Terex updated its FY 2025 guidance to 4.700-5.100 EPS.

Terex Stock Performance

Shares of TEX traded down $1.38 during midday trading on Thursday, hitting $46.61. 1,592,709 shares of the stock traded hands, compared to its average volume of 740,192. Terex has a 1-year low of $43.50 and a 1-year high of $68.08. The firm has a market capitalization of $3.11 billion, a PE ratio of 6.80, a price-to-earnings-growth ratio of 4.51 and a beta of 1.54. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.16 and a current ratio of 2.39. The business’s 50 day moving average price is $48.05 and its two-hundred day moving average price is $52.29.

Terex Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Friday, March 7th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.46%. Terex’s payout ratio is 9.93%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. 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 note on Thursday, December 19th. JPMorgan Chase & Co. dropped their price target on shares of 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 dropped their price target on shares of Terex from $65.00 to $55.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. Finally, Citigroup dropped their price target on shares of Terex from $57.00 to $48.00 and set a “neutral” rating for the company in a research note on Tuesday, January 14th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $56.63.

Insider Activity

In related news, Director David A. Sachs acquired 20,000 shares of Terex stock in a transaction that occurred on Friday, December 13th. The stock was acquired at an average price of $49.75 per share, with a total value of $995,000.00. Following the completion of the acquisition, the director now directly owns 137,500 shares of the company’s stock, valued at $6,840,625. This trade represents a 17.02 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Simon Meester sold 9,877 shares of the company’s 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 completion of the sale, the chief executive officer now directly owns 127,858 shares of the company’s stock, 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. Corporate 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.