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Terex Corp. (NYSE: TEX) closed the day trading at $53.83 down -3.62% from the previous closing price of $55.85. In other words, the price has decreased by -$3.62 from its previous closing price. On the day, 1.85 million shares were traded. TEX stock price reached its highest trading level at $55.05 during the session, while it also had its lowest trading level at $52.11.
Ratios:
For a better understanding of TEX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.77. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 2.21. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.36.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 02 ’24 when RUSH ANDRA bought 2,205 shares for $54.36 per share. The transaction valued at 119,864 led to the insider holds 21,983 shares of the business.
POSNER SCOTT sold 12,500 shares of TEX for $756,000 on May 24 ’24. The Senior V.P., Gen Counsel Sec. now owns 58,224 shares after completing the transaction at $60.48 per share. On May 21 ’24, another insider, JOHNSTON STEPHEN, who serves as the VP CAO and Controller of the company, sold 3,239 shares for $62.00 each. As a result, the insider received 200,818 and left with 14,606 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 3736367104 and an Enterprise Value of 3947526912. As of this moment, Terex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.37, and their Forward P/E ratio for the next fiscal year is 8.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 0.761 whereas that against EBITDA is 5.76.
Stock Price History:
Over the past 52 weeks, TEX has reached a high of $68.08, while it has fallen to a 52-week low of $43.70. The 50-Day Moving Average of the stock is -3.75%, while the 200-Day Moving Average is calculated to be -6.65%.
Shares Statistics:
Over the past 3-months, TEX traded about 980.09K shares per day on average, while over the past 10 days, TEX traded about 935630 shares per day. A total of 66.10M shares are outstanding, with a floating share count of 65.19M. Insiders hold about 2.56% of the company’s shares, while institutions hold 99.56% stake in the company. Shares short for TEX as of 1724976000 were 5003560 with a Short Ratio of 5.11, compared to 1722384000 on 4219432. Therefore, it implies a Short% of Shares Outstanding of 5003560 and a Short% of Float of 10.31.
Dividends & Splits
TEX’s forward annual dividend rate is 0.68, up from 0.68 a year ago. Against a Trailing Annual Dividend Yield of 0.012175471The stock’s 5-year Average Dividend Yield is 1.23.
Earnings Estimates
The stock of Terex Corp. (TEX) is currently in the spotlight, with 13.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $1.53, with high estimates of $1.64 and low estimates of $1.42.
Analysts are recommending an EPS of between $7.3 and $7.0 for the fiscal current year, implying an average EPS of $7.17. EPS for the following year is $6.85, with 13.0 analysts recommending between $8.15 and $5.75.
Revenue Estimates
10 analysts predict $1.31B in revenue for the current quarter. It ranges from a high estimate of $1.33B to a low estimate of $1.27B. As of the current estimate, Terex Corp.’s year-ago sales were $1.26BFor the next quarter, 10 analysts are estimating revenue of $1.21B. There is a high estimate of $1.23B for the next quarter, whereas the lowest estimate is $1.14B.
A total of 12 analysts have provided revenue estimates for TEX’s current fiscal year. The highest revenue estimate was $5.26B, while the lowest revenue estimate was $5.01B, resulting in an average revenue estimate of $5.18B. In the same quarter a year ago, actual revenue was $5.15BBased on 12 analysts’ estimates, the company’s revenue will be $5B in the next fiscal year. The high estimate is $5.32B and the low estimate is $4.53B.
