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The price of Terex Corp. (NYSE: TEX) closed at $54.31 in the last session, up 4.22% from day before closing price of $52.11. In other words, the price has increased by $4.22 from its previous closing price. On the day, 0.96 million shares were traded. TEX stock price reached its highest trading level at $54.66 during the session, while it also had its lowest trading level at $52.83.
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 10.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.32. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 2.16. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.42.
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 May 24 ’24 when POSNER SCOTT sold 12,500 shares for $60.48 per share. The transaction valued at 756,000 led to the insider holds 58,224 shares of the business.
JOHNSTON STEPHEN sold 3,239 shares of TEX for $200,818 on May 21 ’24. The VP CAO and Controller now owns 14,606 shares after completing the transaction at $62.00 per share. On May 15 ’24, another insider, GEORGE AMY, who serves as the Senior V.P. Human Resources of the company, sold 12,000 shares for $63.04 each. As a result, the insider received 756,480 and left with 92,286 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 3655063040 and an Enterprise Value of 4014263040. As of this moment, Terex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.17, 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 0.70 while its Price-to-Book (P/B) ratio in mrq is 2.09. Its current Enterprise Value per Revenue stands at 0.771 whereas that against EBITDA is 5.737.
Stock Price History:
The Beta on a monthly basis for TEX is 1.57, which has changed by -0.12445593 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, TEX has reached a high of $65.89, while it has fallen to a 52-week low of $43.70. The 50-Day Moving Average of the stock is -4.99%, while the 200-Day Moving Average is calculated to be -3.77%.
Shares Statistics:
According to the various share statistics, TEX traded on average about 825.36K shares per day over the past 3-months and 950680 shares per day over the past 10 days. A total of 66.10M shares are outstanding, with a floating share count of 65.59M. Insiders hold about 2.54% of the company’s shares, while institutions hold 92.73% stake in the company. Shares short for TEX as of 1718323200 were 4887946 with a Short Ratio of 6.34, compared to 1715731200 on 3384495. Therefore, it implies a Short% of Shares Outstanding of 4887946 and a Short% of Float of 9.98.
Dividends & Splits
The forward annual dividend rate for TEX is 0.68, which was 0.66 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.012665516The stock’s 5-year Average Dividend Yield is 1.25. The current Payout Ratio is 8.46% for TEX, which recently paid a dividend on 2024-06-06 with an ex-dividend date of 1717632000. Stock splits for the company last occurred on 2006-07-17 when the company split stock in a 2:1 ratio.
