Grufity logoGrufity logo

TEX

43.90USD-2.14(-4.65%)Delayedas of 06 Dec 2022, 03:24 pm

Terex Corp

Market Summary

USD43.90-2.14Delayedas of 06 Dec 2022, 03:24 pm
-4.65%

TEX Alerts

TEX Stock Price

RSI Chart

Valuation

Market Cap

2.6B

Price/Earnings

11.17

Price/Sales

0.62

Price/Cashflow

35.39

MarketCap/EBT

7.9

Price/Sales

Profitability

Operating Margin

19.28%

EBT Margin

7.85%

Return on Equity

22.51%

Return on Assets

7.82%

Fundamentals

Revenue

Revenue (TTM)

4.2B

Revenue Y/Y

12.75%

Revenue Q/Q

4.03%

Earnings

Earnings (TTM)

232.9M

Earnings Y/Y

0.27%

Earnings Q/Q

42.77%

Price Action

52 Week Range

26.4646.83
(Low)(High)

Last 7 days

1.1%

Last 30 days

6.2%

Last 90 days

36.6%

Trailing 12 Months

6.0%

Financial Health

Current Ratio

1.96

Debt/Equity

0.64

Debt/Cashflow

0.06

Investor Care

Dividend Yield

1.33%

Dividend/Share (TTM)

0.51

Buy Backs (1Y)

3.30%

Diluted EPS (TTM)

3.83

Peers (Alternatives to Terex)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
121.5B
48.4B
10.58% 26.26%
19.7
2.51
14.00% 13.42%
34.6B
26.2B
3.58% 16.12%
16.69
1.39
8.97% -7.05%
19.0B
8.4B
5.97% -14.98%
16.29
2.27
8.57% 23.48%
11.1B
4.3B
4.93% 10.75%
28.85
2.59
12.07% -8.55%
MID-CAP
8.1B
3.7B
2.81% 10.24%
18.58
2.21
19.16% 63.79%
7.0B
4.1B
10.20% -36.66%
13.18
1.72
14.99% 5.38%
2.9B
2.1B
0.77% -42.00%
23.63
1.43
14.05% 6.76%
2.7B
1.4B
20.33% 11.70%
7.56
2.11
3.93% -92.39%
2.6B
4.2B
6.15% 5.98%
11.17
0.62
13.76% 69.38%
2.1B
2.0B
7.31% -25.61%
14.81
1.06
9.29% 165.69%
SMALL-CAP
805.3M
921.5M
12.38% -26.94%
17.77
0.87
16.66% 841.69%
494.5M
3.4B
-3.40% -14.14%
-2.2
0.15
14.41% -226.86%
318.7M
1.9B
-1.24% -50.80%
21.53
0.17
15.49% 0.60%
27.1M
34.5M
-3.25% 5.82%
31.69
0.78
0.14% 184.75%
9.7M
26.7M
-1.92% -39.14%
41.49
0.36
16.03% 120.85%

Financials for Terex

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue3.1%4,1904,0644,0253,8873,683
Cost Of Revenue2.1%3,3833,3143,2573,1292,949
Gross Profit7.8%808749768757735
  S&GA Expenses2.8%439427427429445
Earnings Before Taxes16.2%329283281264217
Net Income0.1%233233221180
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-0.6%2,9772,9942,9402,8643,068
  Current Assets-2.2%1,8671,9091,8351,7682,006
    Cash Equivalents-8.5%232253218267553
  Inventory1.9%981963921814748
  Net PPE1.9%450442434430413
  Goodwill2.1%273267275280280
Liabilities-0.2%1,9421,9451,8261,7542,017
  Current Liabilities-0.2%953955920910940
  Long Term Debt-671----
    LT Debt, Non Current-0.2%825826738669888
Shareholder's Equity-1.4%1,0351,0491,1141,1101,051
  Retained Earnings7.0%1,1171,045980937887
  Additional Paid-In Capital0.8%874867861860851
Shares Outstanding-1.3%697070--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations69.0%7444104293461
  Share Based Compensation0.6%3232333330
Cashflow From Investing-41.3%-153.20-108.40-119.30-102.20-71.90
Cashflow From Financing-6.7%-218.10-204.40-337.20-580.10-350.70
  Dividend Payments1.1%3535343425
  Buy Backs16.0%98842132

Risks

What is the probability of a big loss on TEX?

93.1%


Probability that Terex stock will be more than 20% underwater in next one year

63.1%


Probability that Terex stock will be more than 30% underwater in next one year.

41.5%


Probability that Terex stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does TEX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Terex was unfortunately bought at previous high price.

Returns

Cumulative Returns on TEX

7.1%


10-Year Cumulative Returns

12.3%


7-Year Cumulative Returns

0.9%


5-Year Cumulative Returns

16.8%


3-Year Cumulative Returns

What are the long-term rolling returns for TEX?

FIve years rolling returns for Terex.

Which funds bought or sold TEX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
-
-
-219,000
-
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
408,000
408,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
135,000
2,557,000
-%
2022-11-17
M Holdings Securities, Inc.
ADDED
1.61
35,000
378,000
0.04%
2022-11-16
Neo Ivy Capital Management
NEW
-
1,000
1,000
-%
2022-11-16
GLENMEDE TRUST CO NA
REDUCED
-0.84
41,000
577,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-63,000
-
-%
2022-11-16
Retirement Systems of Alabama
REDUCED
-1.01
516,000
7,349,000
0.03%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
REDUCED
-1.44
2,281,000
34,440,000
0.02%

1–10 of 44

Latest Funds Activity

Are funds buying TEX calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own TEX

Terex News

24/7 Wall St.

Tuesday’s Top Analyst Upgrades and Downgrades: CrowdStrike, DoorDash, Etsy, JetBlue, Marriott, Silvergate Capital and More.6 hours ago

GuruFocus.com

TEX Fair Value

Recent SEC filings of Terex

View All Filings
Date Filed Form Type Document
Nov 21, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 01, 2022
4
Insider Trading
Oct 31, 2022
8-K
Current Report
Oct 28, 2022
10-Q
Quarterly Report
Oct 27, 2022
8-K
Current Report
Oct 12, 2022
8-K
Current Report

Latest Insider Trading transactions for TEX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-30
BECK JULIE A
SOLD FOR TAXES
-21,382.6
44.64
-479
Senior Vice President, CFO
2022-11-18
POSNER SCOTT
SOLD
-111,700
44.68
-2,500
Senior V.P., Gen Counsel Sec.
2022-11-18
GEORGE AMY
SOLD
-225,900
45.18
-5,000
Senior V.P. Human Resources
2022-11-07
GEORGE AMY
SOLD
-210,250
42.05
-5,000
Senior V.P. Human Resources
2022-11-07
Hegarty Kieran
SOLD
-849,800
42.49
-20,000
President, Materials Processin
2022-11-04
CHOLMONDELEY PAULA H
SOLD
-824,400
41.22
-20,000
-
2022-10-31
POSNER SCOTT
SOLD FOR TAXES
-11,741.2
38.37
-306
Senior V.P., Gen Counsel Sec.
2022-07-06
GEORGE AMY
ACQUIRED
686.75
27.47
25
Senior V.P. Human Resources
2022-05-25
POSNER SCOTT
SOLD
-67,920
33.96
-2,000
Senior V.P., Gen Counsel Sec.
2022-05-20
DEFOSSET DON
ACQUIRED
240,002
30.98
7,747
-

1–10 of 50

John L. Garrison
8600
Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Aerial Work Platforms (AWP) and Materials Processing (MP). The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers under the Terex and Genie brands. Its products include portable material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, scissor lifts, utility equipment, and telehandlers, as well as related components and replacement parts for construction and maintenance of industrial, commercial, institutional, and residential buildings and facilities, utility and telecommunication lines, construction and foundation drilling applications, and other commercial operations, as well as in tree trimming and various infrastructure projects. The MP segment's materials processing and specialty equipment includes crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands and business lines. Its products are used in construction, infrastructure, and recycling projects; quarrying and mining, and material handling applications; maintenance applications to lift equipment or material; and landscaping and biomass production industries. The company offers financing solutions to assist customers in the rental, leasing, and acquisition of its products. Terex Corporation was incorporated in 1986 and is based in Norwalk, Connecticut.

TEX Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Net sales$ 1,120.5$ 993.8$ 3,200.1$ 2,896.7
Cost of goods sold(883.4)(815.3)(2,564.3)(2,311.2)
Gross profit237.1178.5635.8585.5
Selling, general and administrative expenses(116.3)(104.3)(336.6)(327.3)
Income (loss) from operations120.874.2299.2258.2
Other income (expense)    
Interest income1.10.62.12.9
Interest expense(13.5)(12.3)(35.8)(40.6)
Loss on early extinguishment of debt0.00.0(0.1)(27.7)
Other income (expense) – net (1.0)(1.1)(4.6)2.7
Income (loss) from continuing operations before income taxes107.461.4260.8195.5
(Provision for) benefit from income taxes(25.6)(13.9)(52.6)(36.0)
Income (loss) from continuing operations81.847.5208.2159.5
Gain (loss) on disposition of discontinued operations – net of tax0.00.6(0.4)2.6
Net income (loss)$ 81.8$ 48.1$ 207.8$ 162.1
Basic earnings (loss) per share:    
Income (loss) from continuing operations$ 1.21$ 0.68$ 3.03$ 2.29
Gain (loss) on disposition of discontinued operations – net of tax 0.01(0.01)0.04
Net income (loss)1.210.693.022.33
Diluted earnings (loss) per share:    
Income (loss) from continuing operations1.200.672.992.25
Gain (loss) on disposition of discontinued operations – net of tax 0.01 0.04
Net income (loss)$ 1.20$ 0.68$ 2.99$ 2.29
Weighted average number of shares outstanding in per share calculation    
Basic (in shares)67.869.868.869.7
Diluted (in shares)68.470.969.670.8
Comprehensive income (loss)$ 1.4$ 18.8$ 35.0$ 141.2

TEX Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 231.7$ 266.9
Trade receivables (net of allowance of $9.0 and $9.7 at September 30, 2022 and December 31, 2021, respectively)531.1507.7
Inventories981.2813.5
Prepaid and other current assets123.0179.7
Total current assets1,867.01,767.8
Non-current assets  
Property, plant and equipment – net450.4429.6
Goodwill273.1280.1
Intangible assets – net17.513.4
Other assets368.5372.6
Total assets2,976.52,863.5
Current liabilities  
Current portion of long-term debt1.95.6
Trade accounts payable589.4537.7
Accrued freight47.336.2
Other current liabilities314.1330.4
Total current liabilities952.7909.9
Non-current liabilities  
Long-term debt, less current portion824.6668.5
Other non-current liabilities164.5175.5
Total liabilities1,941.81,753.9
Commitments and contingencies
Stockholders’ equity  
Common stock, $0.01 par value – authorized 300.0 shares; issued 84.0 and 83.4 shares at September 30, 2022 and December 31, 2021, respectively0.90.9
Additional paid-in capital874.0860.0
Retained earnings1,117.4936.9
Accumulated other comprehensive income (loss)(401.3)(228.5)
Less cost of shares of common stock in treasury – 17.1 and 14.2 shares at September 30, 2022 and December 31, 2021, respectively(556.3)(459.7)
Total stockholders’ equity1,034.71,109.6
Total liabilities and stockholders’ equity$ 2,976.5$ 2,863.5