Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Terex Corp.’s stock clocked out at $59.77, down -1.55% from its previous closing price of $60.71. In other words, the price has decreased by -$1.55 from its previous closing price. On the day, 0.86 million shares were traded. TEX stock price reached its highest trading level at $61.88 during the session, while it also had its lowest trading level at $59.66.
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 10.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.06. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 2.01. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.43.
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 Mar 27 ’24 when GARRISON JOHN L JR sold 50,000 shares for $64.28 per share. The transaction valued at 3,214,000 led to the insider holds 315,483 shares of the business.
GARRISON JOHN L JR sold 15,906 shares of TEX for $982,036 on Mar 21 ’24. The Former DIR, Chairman and CEO now owns 364,928 shares after completing the transaction at $61.74 per share. On Mar 20 ’24, another insider, GARRISON JOHN L JR, who serves as the Former DIR, Chairman and CEO of the company, sold 59,094 shares for $60.07 each. As a result, the insider received 3,549,777 and left with 380,834 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 4022784000 and an Enterprise Value of 4377889792. As of this moment, Terex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.90, and their Forward P/E ratio for the next fiscal year is 8.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 2.36. Its current Enterprise Value per Revenue stands at 0.85 whereas that against EBITDA is 6.379.
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 $42.50. The 50-Day Moving Average of the stock is -0.20%, while the 200-Day Moving Average is calculated to be 4.70%.
Shares Statistics:
It appears that TEX traded 702.13K shares on average per day over the past three months and 737440 shares per day over the past ten days. A total of 66.10M shares are outstanding, with a floating share count of 65.26M. Insiders hold about 2.59% of the company’s shares, while institutions hold 93.64% stake in the company. Shares short for TEX as of 1711584000 were 1878954 with a Short Ratio of 2.68, compared to 1709164800 on 1728079. Therefore, it implies a Short% of Shares Outstanding of 1878954 and a Short% of Float of 3.8399997999999997.
Dividends & Splits
With its trailing 12-month dividend rate of 0.64, TEX has a forward annual dividend rate of 0.66. The stock’s 5-year Average Dividend Yield is 1.26.
Earnings Estimates
The dynamic stock of Terex Corp. (TEX) is currently attracting attention from Texas Instruments Incorporated analysts actively involved in rating its market status.The consensus estimate for the next quarter is $100.20, with high estimates of $0.46 and low estimates of $92.58.
Analysts are recommending an EPS of between $Basic Materials and $Industrials for the fiscal current year, implying an average EPS of $Technology.
