Terex Corp (NYSE: TEX) has a higher price-to-earnings ratio of 7.14x compared to its average ratio. TEX has 36-month beta value of 1.54. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 9 as “hold,” and 1 as “sell.”
The public float for TEX is 65.03M, and currently, short sellers hold a 7.88% ratio of that float. The average trading volume of TEX on January 31, 2025 was 711.21K shares.
TEX) stock’s latest price update
The stock of Terex Corp (NYSE: TEX) has increased by 3.18 when compared to last closing price of 47.46.Despite this, the company has seen a gain of 0.14% in its stock price over the last five trading days. zacks.com reported 2025-01-30 that Terex (TEX) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TEX’s Market Performance
Terex Corp (TEX) has seen a 0.14% rise in stock performance for the week, with a 8.27% gain in the past month and a -11.70% plunge in the past quarter. The volatility ratio for the week is 3.23%, and the volatility levels for the past 30 days are at 2.82% for TEX. The simple moving average for the past 20 days is 4.63% for TEX’s stock, with a -9.79% simple moving average for the past 200 days.
Analysts’ Opinion of TEX
Citigroup, on the other hand, stated in their research note that they expect to see TEX reach a price target of $60. The rating they have provided for TEX stocks is “Neutral” according to the report published on June 26th, 2024.
JP Morgan gave a rating of “Neutral” to TEX, setting the target price at $63 in the report published on March 18th of the previous year.
TEX Trading at -0.24% from the 50-Day Moving Average
After a stumble in the market that brought TEX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.08% of loss for the given period.
Volatility was left at 2.82%, however, over the last 30 days, the volatility rate increased by 3.23%, as shares surge +8.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.85% lower at present.
During the last 5 trading sessions, TEX rose by +0.14%, which changed the moving average for the period of 200-days by -22.72% in comparison to the 20-day moving average, which settled at $46.80. In addition, Terex Corp saw 5.95% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TEX starting from SACHS DAVID A, who purchase 20,000 shares at the price of $49.75 back on Dec 13 ’24. After this action, SACHS DAVID A now owns 137,500 shares of Terex Corp, valued at $995,000 using the latest closing price.
MEESTER SIMON, the President and CEO of Terex Corp, sale 9,877 shares at $51.14 during a trade that took place back on Dec 11 ’24, which means that MEESTER SIMON is holding 127,858 shares at $505,110 based on the most recent closing price.
Stock Fundamentals for TEX
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.22 for the gross margin
The net margin for Terex Corp stands at 0.09. The total capital return value is set at 0.21. Equity return is now at value 26.94, with 12.84 for asset returns.
Based on Terex Corp (TEX), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at 0.54. The debt to equity ratio resting at 0.32. The interest coverage ratio of the stock is 9.92.
Currently, EBITDA for the company is 700.2 million with net debt to EBITDA at 0.43. When we switch over and look at the enterprise to sales, we see a ratio of 0.69. The receivables turnover for the company is 7.63for trailing twelve months and the total asset turnover is 1.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.39.
Conclusion
To put it simply, Terex Corp (TEX) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
