Quarterly Snapshot: Quick and Current Ratios for Terex Corp. (TEX)

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The closing price of Terex Corp. (NYSE: TEX) was $53.29 for the day, up 0.11% from the previous closing price of $53.23. In other words, the price has increased by $0.11 from its previous closing price. On the day, 0.88 million shares were traded. TEX stock price reached its highest trading level at $54.04 during the session, while it also had its lowest trading level at $52.51.

Ratios:

Our analysis of TEX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.60. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 3565101056 and an Enterprise Value of 3911400960. As of this moment, Terex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.30, and their Forward P/E ratio for the next fiscal year is 7.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 1.94. Its current Enterprise Value per Revenue stands at 0.754 whereas that against EBITDA is 5.708.

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 -5.82%, while the 200-Day Moving Average is calculated to be -6.58%.

Shares Statistics:

TEX traded an average of 975.14K shares per day over the past three months and 1119310 shares per day over the past ten days. A total of 66.10M shares are outstanding, with a floating share count of 65.20M. Insiders hold about 2.55% of the company’s shares, while institutions hold 95.49% stake in the company. Shares short for TEX as of 1722384000 were 4219432 with a Short Ratio of 4.33, 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

With its trailing 12-month dividend rate of 0.68, TEX has a forward annual dividend rate of 0.68. Against a Trailing Annual Dividend Yield of 0.0127747515The stock’s 5-year Average Dividend Yield is 1.24.

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