Stock Performance Spotlight: Terex Corp. (TEX) Ends the Day at 57.29, Down by -3.99

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As of close of business last night, Terex Corp.’s stock clocked out at $57.29, down -3.99% from its previous closing price of $59.67. In other words, the price has decreased by -$3.99 from its previous closing price. On the day, 1.4 million shares were traded. TEX stock price reached its highest trading level at $60.4 during the session, while it also had its lowest trading level at $55.655.

Ratios:

To gain a deeper understanding of TEX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.05. 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 March 14, 2024, Truist started tracking the stock assigning a Buy rating and target price of $73.

UBS Downgraded its Buy to Neutral on February 13, 2024, whereas the target price for the stock was revised from $61 to $62.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future 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 3855617024 and an Enterprise Value of 4214817024. As of this moment, Terex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.57, and their Forward P/E ratio for the next fiscal year is 7.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 2.20. Its current Enterprise Value per Revenue stands at 0.809 whereas that against EBITDA is 6.024.

Stock Price History:

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 -6.74%, while the 200-Day Moving Average is calculated to be 0.57%.

Shares Statistics:

It appears that TEX traded 714.61K shares on average per day over the past three months and 637250 shares per day over the past ten days. A total of 66.10M shares are outstanding, with a floating share count of 65.58M. Insiders hold about 2.55% of the company’s shares, while institutions hold 92.33% stake in the company. Shares short for TEX as of 1715731200 were 3384495 with a Short Ratio of 4.74, compared to 1713139200 on 2242712. Therefore, it implies a Short% of Shares Outstanding of 3384495 and a Short% of Float of 6.909999999999999.

Dividends & Splits

With its trailing 12-month dividend rate of 0.66, TEX has a forward annual dividend rate of 0.66. Against a Trailing Annual Dividend Yield of 0.011060836The stock’s 5-year Average Dividend Yield is 1.25.

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