Zacks Research Issues Positive Estimate for Terex Earnings

Terex Corporation (NYSE:TEX) – Research analysts at Zacks Research upped their Q3 2026 EPS estimates for shares of Terex in a report released on Tuesday, August 25th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $1.34 for the quarter, up from their prior forecast of $1.32. The consensus estimate for Terex’s current full-year earnings is $5.00 per share. Zacks Research also issued estimates for Terex’s Q3 2027 earnings at $1.59 EPS and FY2027 earnings at $5.81 EPS.

Terex (NYSE:TEX) last announced its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. Terex had a net margin of 2.23% and a return on equity of 12.24%. The firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.14 billion. During the same period in the previous year, the company earned $1.49 earnings per share. Terex’s quarterly revenue was up 50.5% compared to the same quarter last year. Terex has set its FY 2026 guidance at 4.700-5.100 EPS.

Other analysts have also recently issued reports about the company. Citigroup upped their target price on Terex from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Barclays boosted their price objective on Terex from $65.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. Truist Financial increased their price objective on Terex from $92.00 to $96.00 and gave the company a “buy” rating in a report on Friday, July 31st. JPMorgan Chase & Co. lowered their target price on shares of Terex from $80.00 to $68.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Finally, Wall Street Zen raised shares of Terex from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $78.91.

Terex Price Performance

TEX opened at $65.22 on Thursday. The business’s 50-day simple moving average is $66.98 and its 200-day simple moving average is $63.89. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.93 and a current ratio of 1.82. Terex has a one year low of $41.70 and a one year high of $74.69. The stock has a market capitalization of $7.45 billion, a P/E ratio of 33.28, a price-to-earnings-growth ratio of 0.99 and a beta of 1.51.

Terex Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Tuesday, August 11th will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.68 annualized dividend and a yield of 1.0%. Terex’s dividend payout ratio is currently 34.69%.

Institutional Trading of Terex

Hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in shares of Terex during the second quarter worth $1,063,541,000. California State Teachers Retirement System increased its stake in Terex by 7,157.5% in the 2nd quarter. California State Teachers Retirement System now owns 9,513,566 shares of the industrial products company’s stock valued at $688,687,000 after buying an additional 9,382,480 shares during the period. Wellington Management Group LLP acquired a new position in Terex in the 3rd quarter valued at $121,724,000. Freestone Grove Partners LP purchased a new position in Terex during the 2nd quarter worth $116,558,000. Finally, Invesco Ltd. raised its position in Terex by 801.3% during the 3rd quarter. Invesco Ltd. now owns 1,603,965 shares of the industrial products company’s stock worth $82,283,000 after buying an additional 1,425,996 shares during the last quarter. 92.88% of the stock is owned by institutional investors and hedge funds.

Terex Company Profile

Terex Corporation is a global manufacturer of lifting and material-handling plant and equipment, serving a range of industries that includes construction, infrastructure, energy, manufacturing and shipping logistics. Its product portfolio encompasses aerial work platforms, rough terrain and tower cranes, port and cargo handling equipment, material processing machinery and utility products. These offerings are marketed under well-known brands such as Genie®, Terex® AWP, Terex® Cranes, Demag®, and Powerscreen®, and are designed to meet diverse application requirements from building sites to industrial facilities and ports.

Headquartered in Westport, Connecticut, Terex traces its roots back to 1933 and has grown through strategic acquisitions and organic expansion.