Market Insight: Terex Corp (TEX)’s Notable Drop, Closing at 45.20

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In the latest session, Terex Corp (NYSE: TEX) closed at $45.20 down -1.27% from its previous closing price of $45.78. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 0.84 million shares were traded. TEX stock price reached its highest trading level at $46.48 during the session, while it also had its lowest trading level at $44.9155.

Ratios:

For a deeper understanding of Terex Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.40. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 2.39. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.32.

On June 26, 2024, Citigroup started tracking the stock assigning a Neutral rating and target price of $60.

JP Morgan Downgraded its Overweight to Neutral on March 18, 2024, while the target price for the stock was maintained at $63.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 13 ’24 when SACHS DAVID A bought 20,000 shares for $49.75 per share. The transaction valued at 995,000 led to the insider holds 137,500 shares of the business.

MEESTER SIMON sold 9,877 shares of TEX for $505,110 on Dec 11 ’24. The President and CEO now owns 127,858 shares after completing the transaction at $51.14 per share. On Dec 11 ’24, another insider, SACHS DAVID A, who serves as the Director of the company, bought 10,000 shares for $51.30 each. As a result, the insider paid 513,000 and bolstered with 107,500 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TEX now has a Market Capitalization of 3019360000 and an Enterprise Value of 3295360000. As of this moment, Terex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.59, and their Forward P/E ratio for the next fiscal year is 8.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 1.52. Its current Enterprise Value per Revenue stands at 0.645 whereas that against EBITDA is 5.099.

Stock Price History:

Over the past 52 weeks, TEX has reached a high of $68.08, while it has fallen to a 52-week low of $45.22. The 50-Day Moving Average of the stock is -14.84%, while the 200-Day Moving Average is calculated to be -19.69%.

Shares Statistics:

For the past three months, TEX has traded an average of 766.53K shares per day and 832570 over the past ten days. A total of 66.00M shares are outstanding, with a floating share count of 65.12M. Insiders hold about 2.51% of the company’s shares, while institutions hold 96.48% stake in the company. Shares short for TEX as of 1732838400 were 4937993 with a Short Ratio of 6.44, compared to 1730332800 on 4981359. Therefore, it implies a Short% of Shares Outstanding of 4937993 and a Short% of Float of 10.190000000000001.

Dividends & Splits

According to the company, the forward annual dividend rate for TEX is 0.68, from 0.68 in the trailing year. Against a Trailing Annual Dividend Yield of 0.014853649The stock’s 5-year Average Dividend Yield is 1.22.

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