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Terex Corp Stock Research

TEX

56.87USD+0.08(+0.14%)Market Closed
Watchlist

Market Summary

USD56.87+0.08
Market Closed
0.14%

TEX Alerts

TEX Stock Price

TEX RSI Chart

TEX Valuation

Market Cap

3.8B

Price/Earnings (Trailing)

8.61

Price/Sales (Trailing)

0.77

EV/EBITDA

5.95

Price/Free Cashflow

10.33

TEX Price/Sales (Trailing)

TEX Profitability

Operating Margin

20.73%

EBT Margin

9.37%

Return on Equity

27.86%

Return on Assets

10.99%

Free Cashflow Yield

9.68%

TEX Fundamentals

TEX Revenue

Revenue (TTM)

5.0B

Revenue Y/Y

30.27%

Revenue Q/Q

13.55%

TEX Earnings

Earnings (TTM)

446.0M

Earnings Y/Y

115.11%

Earnings Q/Q

41.56%

Price Action

52 Week Range

28.7365.64
(Low)(High)

Last 7 days

-4.0%

Last 30 days

1.7%

Last 90 days

1.8%

Trailing 12 Months

79.5%

TEX Financial Health

Current Ratio

1.99

Debt/Equity

0.6

Debt/Cashflow

0.42

TEX Investor Care

Buy Backs (1Y)

1.89%

Diluted EPS (TTM)

6.51

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for TEX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-05
Salami Oluseun
acquired
-
-
2,972
-
2023-08-30
SACHS DAVID A
gifted
-
-
-500
-
2023-08-16
SACHS DAVID A
gifted
-
-
-500
-
2023-06-29
GARRISON JOHN L JR
sold
-597,960
60.00
-9,966
chairman and ceo
2023-06-08
Hegarty Kieran
sold
-1,507,680
55.84
-27,000
president, materials processin
2023-06-07
POSNER SCOTT
gifted
-
-
-500
senior v.p., gen counsel sec.
2023-05-19
DEFOSSET DON
acquired
240,017
48.41
4,958
-
2023-05-19
Rossi Christopher
acquired
240,017
48.41
4,958
-
2023-05-19
O'CONNOR SANDRA
acquired
240,017
48.41
4,958
-
2023-05-03
MEESTER SIMON
sold
-302,640
50.44
-6,000
president - genie

1–10 of 50

Which funds bought or sold TEX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-08
TUCKER ASSET MANAGEMENT LLC
sold off
-100
-27,141
-
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
29,915
29,915
-%
2023-08-23
WOLVERINE TRADING, LLC
added
84.96
377,460
663,460
-%
2023-08-22
COMERICA BANK
new
-
-
-
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
10.32
190,000
714,000
0.01%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.3
847,371
4,916,710
0.01%
2023-08-21
BOKF, NA
reduced
-77.08
-12,099
4,786
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-0.19
454,930
2,394,200
-%
2023-08-21
VisionPoint Advisory Group, LLC
new
-
81,190
81,190
0.03%
2023-08-18
Legato Capital Management LLC
added
8.36
339,990
1,339,710
0.18%

1–10 of 46

Latest Funds Activity

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

Schedule 13G FIlings of Terex

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 08, 2022
fuller & thaler asset management, inc.
4.27%
2,983,472
SC 13G/A
Jan 27, 2022
blackrock inc.
11.4%
7,955,556
SC 13G/A

Recent SEC filings of Terex

View All Filings
Date Filed Form Type Document
Sep 07, 2023
4
Insider Trading
Sep 05, 2023
4
Insider Trading
Aug 29, 2023
3
Insider Trading
Aug 24, 2023
8-K
Current Report
Aug 04, 2023
8-K
Current Report
Aug 02, 2023
S-3ASR
S-3ASR
Aug 02, 2023
10-Q
Quarterly Report
Aug 01, 2023
8-K
Current Report
Jul 20, 2023
8-K
Current Report
Jun 30, 2023
4
Insider Trading

TEX Fair Value

Loading...

Peers (Alternatives to Terex)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
112.7B
61.4B
0.63% 10.81%
11.22
1.84
26.89% 62.82%
32.4B
32.2B
-1.76% 9.94%
12.49
1.01
29.87% 25.35%
19.8B
8.5B
1.19% 16.75%
19.4
2.34
3.15% -10.67%
8.3B
4.7B
-18.12% -10.59%
22.04
1.75
10.19% -2.33%
MID-CAP
12.0B
-
-4.71% 31.23%
25.57
38.14
-70.09% 32.66%
10.7B
4.2B
-1.83% 57.33%
21.77
2.57
3.67% -12.40%
3.8B
5.0B
1.70% 79.47%
8.61
0.77
22.48% 91.50%
3.7B
1.6B
1.07% 43.39%
115.68
2.25
25.15% -92.29%
3.3B
2.1B
-2.73% 15.15%
25.93
1.58
14.88% 7.01%
2.0B
2.1B
-6.25% 13.35%
16.64
0.95
3.27% -18.09%
SMALL-CAP
-
9.6M
-11.10% 13.66%
-
-
-64.00% 103.64%
999.6M
951.4M
-6.04% 25.97%
20.27
1.05
4.17% 8.83%
767.9M
3.9B
1.47% 65.46%
21.82
0.2
18.61% 115.65%
522.2M
2.2B
-4.49% 71.46%
-4.97
0.24
17.70% -829.86%
17.4M
32.2M
-1.15% -31.64%
46.78
0.54
-6.72% -56.52%

Terex News

Benzinga
Where Terex Stands With Analysts - Terex (NYSE:TEX).
Benzinga,
5 hours ago

Returns for TEX

Cumulative Returns on TEX

6.3%


10-Year Cumulative Returns

13.7%


7-Year Cumulative Returns

7.3%


5-Year Cumulative Returns

44.4%


3-Year Cumulative Returns

Risks for TEX

What is the probability of a big loss on TEX?

96.2%


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

66.9%


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.

Drawdowns

Financials for Terex

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue7.0%4,9774,6514,4184,1904,0644,0253,8873,6833,4553,1073,0763,1753,4344,0504,3534,5174,5914,5374,5173,9623,975
Cost Of Revenue5.3%3,8833,6873,5473,3833,3143,2573,1292,9492,7532,5292,5372,6162,8123,2633,4653,5833,6273,5663,5553,0603,093
Gross Profit13.5%1,094964871808749768757735703578539559622787888934964971962903882
  S&GA Expenses5.1%495471451439427427429445450441471499512559553540553553549482500
EBITDA-100.0%-489416376329327315274237207137120173289395------
EBITDA Margin-100.0%-0.11*0.09*0.09*0.08*0.08*0.08*0.07*0.07*0.07*0.04*0.04*0.05*0.07*0.09*------
Interest Expenses6.7%57.0054.0049.0047.0046.0047.0052.0057.0060.0064.0066.0068.0075.0083.0088.0090.0086.0080.0073.0068.0065.00
Earnings Before Taxes23.6%53843636732928328126421717784.0011.00-8.3039.00147248251267279287358331
EBT Margin-100.0%-0.09*0.08*0.08*0.07*0.07*0.07*0.06*0.05*0.03*0.00*0.00*0.01*0.04*0.06*------
Net Income23.6%44636130026723323322118013854.00-10.60-3.8012.0096.0054.00-3.1014.00-3.20114120141
Net Income Margin-100.0%-0.08*0.07*0.06*0.06*0.06*0.06*0.05*0.04*0.02*0.00*0.00*0.00*0.02*0.01*------
Free Cashflow-100.0%-32226174.0044.00104293461482452225184234350173------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets4.1%3,4153,2813,1182,9772,9942,9402,8643,0683,0692,9663,0322,9152,8643,1153,1963,1613,6033,6553,4863,3393,337
  Current Assets6.1%2,2182,0901,9621,8671,9091,8351,7682,0061,9971,9021,8791,7611,7071,9662,0202,0352,4402,5082,4232,2902,291
    Cash Equivalents17.1%298254304232253218267553542573665508426511535471368305340326374
  Inventory3.6%1,1221,0839889819639218147487126596106367008238488588639559191,1121,005
  Net PPE2.5%491479466450442434430413414397407402401389389359340328317331329
  Goodwill1.4%291287284273267275280280277276275267261261270260264268265268270
Liabilities-0.2%1,9831,9871,9371,9421,9451,8261,7542,0172,0352,0192,1102,0632,0642,3292,2632,2942,7432,8732,6252,3652,389
  Current Liabilities2.2%1,0741,0519999539559209109409458387236816767768729221,1021,1031,2151,0301,085
  Long Term Debt---774---669---1,166---1,169---1,211--
    LT Debt, Non Current-5.2%7347757748258267386698888899741,1661,1671,1671,3381,1691,1671,3421,4671,2111,1281,089
Shareholder's Equity10.6%1,4321,2951,1811,0351,0491,1141,1101,0511,034946922853800786932866861782861975948
  Retained Earnings11.4%1,4521,3031,2011,1171,0459809378878477827507337277367717557426747492,1222,091
  Additional Paid-In Capital1.2%8798698828748678618608518448368388328278228248138087947971,3391,327
Shares Outstanding-0.1%68.0068.00-68.0069.0070.00-70.0070.0070.00-69.0069.0071.00-71.0071.0071.00-74.0076.00
Minority Interest-----------------1.001.001.001.001.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations15.4%37232226174.0044.0010429346148245222518423435017319210.00-12694.00190312
  Share Based Compensation9.4%31.0029.0030.0032.0032.0033.0033.0030.0030.0026.0024.0029.0031.0039.0043.0040.0042.0041.0037.0037.0037.00
Cashflow From Investing25.1%-120-160-154-153-108-119-102-71.90-52.50-24.40-38.50-64.7094.0094.0010489.00-77.40-81.20-85.90-60.20173
Cashflow From Financing-84.9%-211-114-54.90-218-204-337-580-350-341-396-82.80-99.00-280-241-103-11297.00120-244-390-676
  Dividend Payments3.3%38.0037.0036.0035.0035.0034.0034.0025.0017.008.008.0016.0024.0032.0031.0031.0030.0030.0030.0029.0029.00
  Buy Backs-38.1%54.0087.0010198.0084.0021.003.002.002.001.0056.0061.0061.0062.007.00103107222428491741

TEX Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Net sales$ 1,403.1$ 1,077.1$ 2,638.8$ 2,079.6
Cost of goods sold(1,060.2)(864.2)(2,017.2)(1,680.9)
Gross profit342.9212.9621.6398.7
Selling, general and administrative expenses(133.0)(109.0)(264.0)(220.3)
Income (loss) from operations209.9103.9357.6178.4
Other income (expense)    
Interest income1.10.43.11.0
Interest expense(15.4)(11.8)(30.3)(22.4)
Other income (expense) – net (3.8)(3.3)(5.4)(3.6)
Income (loss) from continuing operations before income taxes191.889.2325.0153.4
(Provision for) benefit from income taxes(32.0)(15.1)(55.3)(27.0)
Income (loss) from continuing operations159.874.1269.7126.4
Gain (loss) on disposition of discontinued operations – net of tax(0.4)0.02.3(0.4)
Net income (loss)$ 159.4$ 74.1$ 272.0$ 126.0
Basic earnings (loss) per share:    
Income (loss) from continuing operations$ 2.36$ 1.08$ 3.98$ 1.82
Gain (loss) on disposition of discontinued operations – net of tax000.040
Net income (loss)2.361.084.021.82
Diluted earnings (loss) per share:    
Income (loss) from continuing operations2.351.073.941.80
Gain (loss) on disposition of discontinued operations – net of tax(0.01)00.030
Net income (loss)$ 2.34$ 1.07$ 3.97$ 1.80
Weighted average number of shares outstanding in per share calculation    
Basic (in shares)67.668.967.769.3
Diluted (in shares)68.169.368.570.1
Comprehensive income (loss)$ 169.4$ 1.7$ 308.3$ 33.6

TEX Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 297.7$ 304.1
Receivables (net of allowance of $10.5 and $9.4 at June 30, 2023 and December 31, 2022, respectively)681.2547.5
Inventories1,122.0988.4
Prepaid and other current assets116.9122.0
Total current assets2,217.81,962.0
Non-current assets  
Property, plant and equipment – net490.7465.6
Goodwill291.1284.4
Intangible assets – net16.817.4
Other assets398.8388.7
Total assets3,415.23,118.1
Current liabilities  
Current portion of long-term debt2.41.9
Trade accounts payable690.3624.6
Other current liabilities380.9372.1
Total current liabilities1,073.6998.6
Non-current liabilities  
Long-term debt, less current portion734.3773.6
Other non-current liabilities175.1164.7
Total liabilities1,983.01,936.9
Commitments and contingencies
Stockholders’ equity  
Common stock, $0.01 par value – authorized 300.0 shares; issued 84.6 and 84.0 shares at June 30, 2023 and December 31, 2022, respectively0.90.9
Additional paid-in capital879.1881.6
Retained earnings1,452.01,200.6
Accumulated other comprehensive income (loss)(305.3)(341.6)
Less cost of shares of common stock in treasury – 17.9 and 17.2 shares at June 30, 2023 and December 31, 2022, respectively(594.5)(560.3)
Total stockholders’ equity1,432.21,181.2
Total liabilities and stockholders’ equity$ 3,415.2$ 3,118.1
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.