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The price of Terex Corp. (NYSE: TEX) closed at $54.62 in the last session, up 0.87% from day before closing price of $54.15. In other words, the price has increased by $0.87 from its previous closing price. On the day, 0.53 million shares were traded. TEX stock price reached its highest trading level at $55.13 during the session, while it also had its lowest trading level at $54.06.
Ratios:
We take a closer look at TEX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.01. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 2.21. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.36.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 02 ’24 when RUSH ANDRA bought 2,205 shares for $54.36 per share. The transaction valued at 119,864 led to the insider holds 21,983 shares of the business.
POSNER SCOTT sold 12,500 shares of TEX for $756,000 on May 24 ’24. The Senior V.P., Gen Counsel Sec. now owns 58,224 shares after completing the transaction at $60.48 per share. On May 21 ’24, another insider, JOHNSTON STEPHEN, who serves as the VP CAO and Controller of the company, sold 3,239 shares for $62.00 each. As a result, the insider received 200,818 and left with 14,606 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 3654077952 and an Enterprise Value of 4000378112. As of this moment, Terex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.48, and their Forward P/E ratio for the next fiscal year is 7.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 0.771 whereas that against EBITDA is 5.837.
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 $43.70. The 50-Day Moving Average of the stock is -2.93%, while the 200-Day Moving Average is calculated to be -4.51%.
Shares Statistics:
According to the various share statistics, TEX traded on average about 977.93K shares per day over the past 3-months and 631980 shares per day over the past 10 days. A total of 66.10M shares are outstanding, with a floating share count of 65.13M. Insiders hold about 2.64% of the company’s shares, while institutions hold 102.80% stake in the company. Shares short for TEX as of 1722384000 were 4219432 with a Short Ratio of 4.31, compared to 1719532800 on 5228709. Therefore, it implies a Short% of Shares Outstanding of 4219432 and a Short% of Float of 8.6899996.
Dividends & Splits
The forward annual dividend rate for TEX is 0.68, which was 0.68 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.01255771The stock’s 5-year Average Dividend Yield is 1.24.
