StocksFundsScreenerSectorsWatchlists
TEX

TEX - Terex Corp Stock Price, Fair Value and News

62.55USD-0.82 (-1.29%)Market Closed

Market Summary

TEX
USD62.55-0.82
Market Closed
-1.29%

TEX Alerts

  • 3 major insider sales recently.

TEX Stock Price

View Fullscreen

TEX RSI Chart

TEX Valuation

Market Cap

4.2B

Price/Earnings (Trailing)

8.09

Price/Sales (Trailing)

0.81

EV/EBITDA

6.91

Price/Free Cashflow

9.12

TEX Price/Sales (Trailing)

TEX Profitability

Operating Margin

22.84%

EBT Margin

11.25%

Return on Equity

30.98%

Return on Assets

14.33%

Free Cashflow Yield

10.96%

TEX Fundamentals

TEX Revenue

Revenue (TTM)

5.2B

Rev. Growth (Yr)

0.41%

Rev. Growth (Qtr)

-5.23%

TEX Earnings

Earnings (TTM)

518.0M

Earnings Growth (Yr)

37.58%

Earnings Growth (Qtr)

6.42%

Breaking Down TEX Revenue

Last 7 days

-3.8%

Last 30 days

5.9%

Last 90 days

10.1%

Trailing 12 Months

39.5%

How does TEX drawdown profile look like?

TEX Financial Health

Current Ratio

2.01

Debt/Equity

0.37

Debt/Cashflow

0.74

TEX Investor Care

Buy Backs (1Y)

0.74%

Diluted EPS (TTM)

7.59

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20234.7B5.0B5.1B5.2B
20224.0B4.1B4.2B4.4B
20213.1B3.5B3.7B3.9B
20204.1B3.4B3.2B3.1B
20194.5B4.6B4.5B4.4B
20183.9B4.0B4.0B4.5B
20174.3B4.2B4.3B3.8B
20164.8B4.7B4.5B4.4B
20155.4B5.3B5.3B5.2B
20147.1B7.3B7.3B5.5B
20136.8B6.7B6.6B7.1B
20126.7B7.2B7.3B7.0B
20114.7B5.1B5.9B6.2B
20103.8B4.0B4.1B4.4B
20096.6B4.6B3.0B3.9B
200807.7B7.8B8.0B
20070007.6B
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Terex Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 04, 2024
beck julie a
acquired
96,497
64.59
1,494
senior vice president, cfo
Mar 27, 2024
garrison john l jr
sold
-3,214,000
64.28
-50,000
-
Mar 21, 2024
beck julie a
sold (taxes)
-529
58.84
-9.00
senior vice president, cfo
Mar 21, 2024
garrison john l jr
sold
-982,036
61.74
-15,906
-
Mar 20, 2024
johnston stephen
sold (taxes)
-176
58.84
-3.00
vp cao and controller
Mar 20, 2024
garrison john l jr
sold
-3,549,780
60.07
-59,094
-
Mar 20, 2024
hegarty kieran
sold (taxes)
-529
58.84
-9.00
president, materials processin
Mar 20, 2024
gross joshua
sold (taxes)
-235
58.84
-4.00
president - genie
Mar 20, 2024
meester simon
sold (taxes)
-235
58.84
-4.00
president and ceo
Mar 20, 2024
george amy
sold (taxes)
-235
58.84
-4.00
senior v.p. human resources

1–10 of 50

Which funds bought or sold TEX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
HARBOR INVESTMENT ADVISORY, LLC
new
-
2,125
2,125
-%
Apr 12, 2024
Westend Capital Management, LLC
new
-
203,246
203,246
0.08%
Apr 12, 2024
Range Financial Group LLC
added
6.51
143,103
881,636
0.46%
Apr 12, 2024
DELTA CAPITAL MANAGEMENT LLC
reduced
-50.00
-184,000
234,000
0.16%
Apr 12, 2024
AdvisorNet Financial, Inc
reduced
-87.88
-1,638
258
-%
Apr 11, 2024
Shilanski & Associates, Inc.
reduced
-3.73
138,563
1,894,220
0.65%
Apr 11, 2024
Profit Investment Management, LLC
unchanged
-
279,723
2,595,710
1.47%
Apr 11, 2024
Liberty Capital Management, Inc.
reduced
-11.92
-8,320
641,553
0.16%
Apr 10, 2024
CVA Family Office, LLC
unchanged
-
1,457
13,524
-%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
unchanged
-
1,492
13,846
-%

1–10 of 43

Are Funds Buying or Selling TEX?

Are funds buying TEX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own TEX
No. of Funds

Unveiling Terex Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
11.17%
7,514,298
SC 13G/A
Jan 23, 2024
blackrock inc.
14.2%
9,527,693
SC 13G/A
Mar 07, 2023
pzena investment management llc
4.54%
3,064,085
SC 13G/A
Feb 09, 2023
vanguard group inc
11.41%
7,700,381
SC 13G/A
Jan 25, 2023
pzena investment management llc
6.08%
4,105,227
SC 13G
Jan 23, 2023
blackrock inc.
13.5%
9,130,284
SC 13G/A
Feb 11, 2022
tiaa cref investment management llc
0.00%
427
SC 13G/A
Feb 11, 2022
teachers advisors, llc
0.00%
427
SC 13G/A
Feb 11, 2022
nwq investment management company, llc
0.00%
427
SC 13G/A
Feb 10, 2022
vanguard group inc
11.03%
7,698,421
SC 13G/A

Recent SEC filings of Terex Corp

View All Filings
Date Filed Form Type Document
Apr 12, 2024
8-K
Current Report
Apr 05, 2024
4
Insider Trading
Apr 05, 2024
ARS
ARS
Apr 05, 2024
DEF 14A
DEF 14A
Apr 05, 2024
DEFA14A
DEFA14A
Mar 29, 2024
4
Insider Trading
Mar 27, 2024
144
Notice of Insider Sale Intent
Mar 22, 2024
4
Insider Trading
Mar 22, 2024
4
Insider Trading
Mar 22, 2024
4
Insider Trading

Peers (Alternatives to Terex Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
185.9B
67.1B
4.91% 62.74%
17.99
2.77
12.84% 54.12%
167.3B
68.0B
-8.99% 61.05%
17.65
2.46
16.96% 2688.24%
42.0B
34.1B
7.61% 26.60%
49.95
1.23
21.34% -61.52%
41.4B
6.6B
-1.34% 29.44%
31.5
6.27
7.26% 13.25%
12.7B
14.9B
2.29% 13.25%
206.11
0.86
12.31% -81.65%
MID-CAP
9.6B
6.9B
3.23% 84.85%
62.68
1.38
5.64% 109.59%
6.9B
15.5B
4.34% 32.65%
49.68
0.44
12.59% -4.48%
6.1B
4.3B
4.86% 39.56%
32.6
1.41
19.51% -1.03%
3.9B
2.3B
-1.62% 34.00%
24.51
1.69
2.90% -35.23%
2.6B
1.7B
4.91% 21.82%
18.98
1.53
11.63% 33.59%
SMALL-CAP
1.0B
1.4B
-5.55% -56.18%
16.75
0.76
-24.65% -34.19%
868.1M
35.8M
1.56% -20.73%
-0.9
24.22
-27.93% -23.21%
789.2M
573.3M
21.73% 53.04%
24.39
1.38
26.00% -2.24%
370.7M
135.4M
-14.16% 185.11%
-22.6
2.74
-25.90% 65.37%
250.6M
99.2M
33.22% 314.29%
-20.46
2.53
-3.69% -37.37%

Terex Corp News

Latest updates
Defense World • 19 hours ago
Yahoo Movies UK • 13 Apr 2024 • 08:38 am
Defense World • 12 Apr 2024 • 09:02 am
Yahoo Canada Shine On • 11 Apr 2024 • 09:54 am
Simply Wall St • 08 Apr 2024 • 11:09 am
Nasdaq • 05 Apr 2024 • 05:06 pm
Simply Wall St • 22 Mar 2024 • 07:00 am
CNN • 20 Feb 2024 • 09:35 am
InvestorsObserver • 2 months ago

Terex Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-5.2%1,2231,2901,4031,2361,2181,1211,0771,0039909941,0398647877666918348851,0251,3071,1371,049
Cost Of Revenue-3.8%9609981,0609579828838648178188158076896386195836977168151,035899834
Gross Profit-10.3%263293343279235237213186172179232175149146107137169210272238215
  S&GA Expenses13.5%147129133131115116109111102104109114118110100144146123146138133
EBITDA Margin0.3%0.12*0.12*0.15*0.14*0.13*0.13*0.12*0.12*0.12*0.12*0.11*0.10*---------
Interest Expenses-5.9%16.0017.0015.0015.0013.0014.0012.0011.0011.0012.0013.0015.0016.0016.0017.0018.0018.0022.0025.0023.0020.00
Income Taxes-174.3%-22.1530.0032.0023.0014.0026.0015.0012.0010.0014.0014.008.007.00-1.10-3.00-0.80-16.0016.0020.0018.00-13.80
Earnings Before Taxes-29.1%10614919213310610789.0064.0068.0061.0087.0047.0022.0021.00-6.20-25.503.0068.0010275.006.00
EBT Margin-0.1%0.11*0.11*0.11*0.09*0.08*0.08*0.07*0.07*0.07*0.06*0.05*0.03*---------
Net Income6.4%12711915911392.0082.0074.0052.0059.0048.0074.0040.0018.006.00-9.20-24.9025.0021.0075.00-66.60-33.00
Net Income Margin7.1%0.10*0.09*0.09*0.08*0.07*0.06*0.06*0.06*0.06*0.05*0.04*0.02*---------
Free Cashflow37.4%1911391219.0015785.0071.00-51.70-30.7055.00131138---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets4.5%3,6163,4613,4153,2813,1182,9772,9942,9402,8643,0683,0692,9663,0322,9152,8643,1153,1963,1613,6033,6553,486
  Current Assets0.0%2,2452,2452,2182,0901,9621,8671,9091,8351,7682,0061,9971,9021,8791,7611,7071,9662,0202,0352,4402,5082,423
    Cash Equivalents5.2%371352298254304232253218267553542573665508426511535471368305340
  Inventory6.2%1,1861,1171,1221,083988981963921814748712659610636700823848858863955919
  Net PPE13.8%570501491479466450442434430413414397407402401389389359340328317
  Goodwill3.4%295285291287284273267275280280277276275267261261270260264268265
Liabilities-1.1%1,9431,9651,9831,9871,9371,9421,9451,8261,7542,0172,0352,0192,1102,0632,0642,3292,2632,2942,7432,8732,625
  Current Liabilities5.4%1,1191,0621,0741,0519999539559209109409458387236816767768729221,1021,1031,215
  Long Term Debt-12.2%6207067347757748258267386698888899741,1661,1671,1671,3381,1691,1671,3421,4671,211
    LT Debt, Non Current-100.0%-7067347757748258267386698888899741,1661,1671,1671,3381,1691,1671,3421,4671,211
Shareholder's Equity11.8%1,6721,4961,4321,2951,1811,0351,0491,1141,1101,0511,034946922853800786932866861782861
  Retained Earnings7.4%1,6751,5601,4521,3031,2011,1171,045980937887847782750733727736771755742674749
  Additional Paid-In Capital2.0%906888879869882874867861860851844836838832827822824813808794797
Shares Outstanding-0.1%68.0068.0068.0068.0069.0069.0069.0070.0070.0070.0070.0070.00---------
Minority Interest-------------------1.001.001.00
Float---3,927---1,808---3,235---1,256---2,145--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations37.4%190,700138,800120,7009,100157,00084,90071,000-51,700-30,70054,900131,100138,100136,50076,600101,000-88,70095,000126,700217,100-265,400113,800
  Share Based Compensation109.4%17,8008,5009,5007,8007,4006,7006,8009,4009,0006,5007,7009,9006,0005,9004,6007,30011,6007,30012,50011,7008,600
Cashflow From Investing-88.3%-61,000-32,4008,700-29,700-29,700-69,600-31,600-23,200-28,800-24,800-42,500-6,1001,500-5,400-14,400-20,200-24,700153,700-14,600-10,600-39,900
Cashflow From Financing-205.8%-127,200-41,600-87,300-31,700-68,200-24,70010,00028,000-231,400-11,000-122,800-214,900-2,000-1,900-177,20098,300-18,200-183,400-138,500236,400-26,500
  Dividend Payments-0.9%11,40011,50010,10010,2008,8008,8008,9009,1008,4008,4008,4008,300---8,4007,9007,8007,9007,8007,400
  Buy Backs8933.3%27,10030032,1003,3004,70013,70065,20017,7001,3002001,3002001001001,00054,8005,0002002,000200100,200

TEX Income Statement

2023-12-31
CONSOLIDATED STATEMENT OF INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Net sales$ 5,151.5$ 4,417.7$ 3,886.8
Cost of goods sold(3,974.9)(3,546.5)(3,129.4)
Gross profit1,176.6871.2757.4
Selling, general and administrative expenses(540.1)(451.2)(429.4)
Income (loss) from operations636.5420.0328.0
Other income (expense)   
Interest income7.62.83.7
Interest expense(63.3)(49.1)(51.5)
Loss on early extinguishment of debt0.0(0.3)(29.4)
Other income (expense) – net (1.1)(6.8)13.0
Income (loss) from continuing operations before income taxes579.7366.6263.8
(Provision for) benefit from income taxes(63.0)(66.4)(46.3)
Income (loss) from continuing operations516.7300.2217.5
Gain (loss) on disposition of discontinued operations – net of tax1.3(0.2)3.4
Net income (loss)$ 518.0$ 300.0$ 220.9
Basic earnings (loss) per share:   
Income (loss) from continuing operations (in dollars per share)$ 7.65$ 4.38$ 3.12
Gain (loss) on disposition of discontinued operations – net of tax (in dollars per share)0.0200.05
Net income (loss) (in dollars per share)7.674.383.17
Diluted earnings (loss) per share:   
Income (loss) from continuing operations (in dollars per share)7.564.323.07
Gain (loss) on disposition of discontinued operations – net of tax (in dollars per share)0.0200.05
Net income (loss) attributable to Terex Corporation (in dollars per share)$ 7.58$ 4.32$ 3.12
Weighted average number of shares outstanding in per share calculation   
Basic (in shares)67.568.569.7
Diluted (in shares)68.369.470.9

TEX Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 370.7$ 304.1
Receivables (net of allowance of $8.3 and $9.4 at December 31, 2023 and 2022, respectively)547.8547.5
Inventories1,186.0988.4
Prepaid and other current assets140.7122.0
Total current assets2,245.21,962.0
Non-current assets  
Property, plant and equipment – net569.8465.6
Goodwill294.6284.4
Intangible assets – net15.717.4
Other assets490.2388.7
Total assets3,615.53,118.1
Current liabilities  
Current portion of long-term debt2.81.9
Trade accounts payable702.6624.6
Accrued compensation and benefits135.6103.0
Other current liabilities278.2269.1
Total current liabilities1,119.2998.6
Non-current liabilities  
Long-term debt, less current portion620.4773.6
Other non-current liabilities203.6164.7
Total liabilities1,943.21,936.9
Commitments and contingencies
Stockholders’ equity  
Common stock, $.01 par value – authorized 300.0 shares; issued 84.6 and 84.0 shares at December 31, 2023 and 2022, respectively0.90.9
Additional paid-in capital906.1881.6
Retained earnings1,674.81,200.6
Accumulated other comprehensive income (loss)(287.1)(341.6)
Less cost of shares of common stock in treasury – 18.5 and 17.2 shares at December 31, 2023 and 2022, respectively(622.4)(560.3)
Total stockholders’ equity1,672.31,181.2
Total liabilities and stockholders’ equity$ 3,615.5$ 3,118.1
TEX
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 comprise portable material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, and scissor lifts, 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, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brand names 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 is based in Norwalk, Connecticut.
 CEO
 WEBSITEterex.com
 INDUSTRYApparel Manufacturing
 EMPLOYEES9300

Terex Corp Frequently Asked Questions


What is the ticker symbol for Terex Corp? What does TEX stand for in stocks?

TEX is the stock ticker symbol of Terex Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Terex Corp (TEX)?

As of Mon Apr 15 2024, market cap of Terex Corp is 4.19 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TEX stock?

You can check TEX's fair value in chart for subscribers.

What is the fair value of TEX stock?

You can check TEX's fair value in chart for subscribers. The fair value of Terex Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Terex Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TEX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Terex Corp a good stock to buy?

The fair value guage provides a quick view whether TEX is over valued or under valued. Whether Terex Corp is cheap or expensive depends on the assumptions which impact Terex Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TEX.

What is Terex Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, TEX's PE ratio (Price to Earnings) is 8.09 and Price to Sales (PS) ratio is 0.81. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TEX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Terex Corp's stock?

In the past 10 years, Terex Corp has provided 0.05 (multiply by 100 for percentage) rate of return.