What is Zacks Research’s Estimate for Terex Q1 Earnings?

Terex Co. (NYSE:TEX) – Stock analysts at Zacks Research boosted their Q1 2025 earnings estimates for shares of Terex in a research note issued on Wednesday, October 16th. Zacks Research analyst M. Das now anticipates that the industrial products company will earn $1.54 per share for the quarter, up from their prior forecast of $1.53. The consensus estimate for Terex’s current full-year earnings is $5.91 per share.

Terex (NYSE:TEX) last issued its quarterly earnings results on Tuesday, July 30th. The industrial products company reported $2.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.06 by $0.10. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.43 billion. Terex had a return on equity of 27.89% and a net margin of 9.55%. Terex’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period last year, the company earned $2.35 EPS.

Several other research analysts also recently commented on the stock. Evercore ISI reduced their price target on shares of Terex from $67.00 to $59.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Jefferies Financial Group reduced their target price on shares of Terex from $68.00 to $55.00 and set a “hold” rating on the stock in a research report on Thursday, July 11th. Truist Financial lowered their price target on Terex from $63.00 to $62.00 and set a “buy” rating for the company in a report on Wednesday, October 9th. Citigroup dropped their price objective on Terex from $60.00 to $57.00 and set a “neutral” rating on the stock in a research note on Monday, September 23rd. Finally, Robert W. Baird lifted their target price on Terex from $63.00 to $65.00 and gave the company a “neutral” rating in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $60.33.

Terex Stock Down 0.4 %

NYSE:TEX opened at $56.14 on Friday. The company has a market cap of $3.78 billion, a price-to-earnings ratio of 7.44, a price-to-earnings-growth ratio of 4.59 and a beta of 1.53. Terex has a twelve month low of $43.70 and a twelve month high of $68.08. The company has a current ratio of 2.21, a quick ratio of 1.07 and a debt-to-equity ratio of 0.36. The stock has a fifty day simple moving average of $53.44 and a 200-day simple moving average of $56.82.

Terex Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, November 8th will be issued a $0.17 dividend. The ex-dividend date is Friday, November 8th. This represents a $0.68 dividend on an annualized basis and a yield of 1.21%. Terex’s dividend payout ratio is presently 9.01%.

Insider Activity

In other news, Director Andra Rush acquired 2,205 shares of the business’s stock in a transaction dated Friday, August 2nd. The shares were purchased at an average price of $54.36 per share, with a total value of $119,863.80. Following the transaction, the director now directly owns 21,983 shares in the company, valued at approximately $1,194,995.88. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.90% of the company’s stock.

Institutional Trading of Terex

A number of institutional investors have recently made changes to their positions in TEX. Dimensional Fund Advisors LP boosted its stake in Terex by 4.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,812,383 shares of the industrial products company’s stock worth $154,224,000 after purchasing an additional 109,885 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Terex by 18.4% during the second quarter. AQR Capital Management LLC now owns 1,837,563 shares of the industrial products company’s stock valued at $99,045,000 after buying an additional 285,750 shares during the last quarter. Greenhaven Associates Inc. increased its position in shares of Terex by 1.6% in the 2nd quarter. Greenhaven Associates Inc. now owns 1,499,671 shares of the industrial products company’s stock valued at $82,242,000 after acquiring an additional 23,371 shares during the period. American Century Companies Inc. increased its position in shares of Terex by 25.6% in the 2nd quarter. American Century Companies Inc. now owns 1,322,729 shares of the industrial products company’s stock valued at $72,538,000 after acquiring an additional 269,777 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in Terex by 3.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 790,118 shares of the industrial products company’s stock worth $43,330,000 after acquiring an additional 26,377 shares during the last quarter. Institutional investors and hedge funds own 92.88% of the company’s stock.

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.