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The price of Terex Corp. (NYSE: TEX) closed at $61.00 in the last session, up 0.44% from day before closing price of $60.73. In other words, the price has increased by $0.44 from its previous closing price. On the day, 0.74 million shares were traded. TEX stock price reached its highest trading level at $62.51 during the session, while it also had its lowest trading level at $60.965.
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 11.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.31. 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:
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 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 4105568512 and an Enterprise Value of 4460299776. As of this moment, Terex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.06, and their Forward P/E ratio for the next fiscal year is 8.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 2.41. Its current Enterprise Value per Revenue stands at 0.866 whereas that against EBITDA is 6.499.
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 2.22%, while the 200-Day Moving Average is calculated to be 6.82%.
Shares Statistics:
According to the various share statistics, TEX traded on average about 709.38K shares per day over the past 3-months and 803150 shares per day over the past 10 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 93.50% stake in the company. Shares short for TEX as of 1711584000 were 1878954 with a Short Ratio of 2.65, 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
The forward annual dividend rate for TEX is 0.66, which was 0.64 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.010538449The stock’s 5-year Average Dividend Yield is 1.26.
Earnings Estimates
The market rating for Terex Corp. (TEX) is a result of the insights provided by 13.0 analysts actively involved in the assessment.On average, analysts expect EPS of $1.37 for the current quarter, with a high estimate of $1.45 and a low estimate of $1.32, while EPS last year was $1.6. The consensus estimate for the next quarter is $2.17, with high estimates of $2.34 and low estimates of $1.94.
Analysts are recommending an EPS of between $7.27 and $6.38 for the fiscal current year, implying an average EPS of $6.98. EPS for the following year is $7.11, with 14.0 analysts recommending between $8.03 and $5.9.
Revenue Estimates
According to 10 analysts, the current quarter’s revenue is expected to be $1.24B. It ranges from a high estimate of $1.25B to a low estimate of $1.22B. As of the current estimate, Terex Corp.’s year-ago sales were $1.13BFor the next quarter, 10 analysts are estimating revenue of $1.4B. There is a high estimate of $1.44B for the next quarter, whereas the lowest estimate is $1.33B.
A total of 13 analysts have provided revenue estimates for TEX’s current fiscal year. The highest revenue estimate was $5.35B, while the lowest revenue estimate was $4.87B, resulting in an average revenue estimate of $5.16B. In the same quarter a year ago, actual revenue was $5.15BBased on 13 analysts’ estimates, the company’s revenue will be $5.13B in the next fiscal year. The high estimate is $5.51B and the low estimate is $4.58B.
