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As of close of business last night, Terex Corp.’s stock clocked out at $55.69, up 1.96% from its previous closing price of $54.62. In other words, the price has increased by $1.96 from its previous closing price. On the day, 1.62 million shares were traded. TEX stock price reached its highest trading level at $56.61 during the session, while it also had its lowest trading level at $53.9.
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 10.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.66. 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:
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 3747937024 and an Enterprise Value of 4035126016. As of this moment, Terex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.36, and their Forward P/E ratio for the next fiscal year is 7.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 2.14. Its current Enterprise Value per Revenue stands at 0.775 whereas that against EBITDA is 5.767.
Stock Price History:
The Beta on a monthly basis for TEX is 1.57, which has changed by -0.16457635 over the last 52 weeks, in comparison to a change of 0.23279357 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 -2.36%, while the 200-Day Moving Average is calculated to be -1.28%.
Shares Statistics:
It appears that TEX traded 828.76K shares on average per day over the past three months and 973940 shares per day over the past ten 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 92.80% stake in the company. Shares short for TEX as of 1719532800 were 5228709 with a Short Ratio of 6.31, compared to 1717113600 on 3952938. Therefore, it implies a Short% of Shares Outstanding of 5228709 and a Short% of Float of 10.6800005.
Dividends & Splits
With its trailing 12-month dividend rate of 0.66, TEX has a forward annual dividend rate of 0.68. Against a Trailing Annual Dividend Yield of 0.012083487The 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.
