Zacks Research Issues Negative Estimate for Terex Earnings

Terex Corporation (NYSE:TEX) – Stock analysts at Zacks Research reduced their Q2 2026 earnings per share estimates for shares of Terex in a research note issued on Thursday, June 19th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings of $1.45 per share for the quarter, down from their previous estimate of $1.48. The consensus estimate for Terex’s current full-year earnings is $4.83 per share. Zacks Research also issued estimates for Terex’s Q4 2026 earnings at $1.16 EPS.

Terex (NYSE:TEX) last released its earnings results on Friday, May 2nd. The industrial products company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.26. Terex had a net margin of 4.89% and a return on equity of 18.79%. The business had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same period last year, the firm posted $1.60 earnings per share. The firm’s quarterly revenue was down 4.9% compared to the same quarter last year.

Several other brokerages also recently issued reports on TEX. Evercore ISI increased their target price on Terex from $59.00 to $62.00 and gave the company an “outperform” rating in a report on Monday, May 19th. The Goldman Sachs Group raised Terex from a “neutral” rating to a “buy” rating and upped their price target for the company from $45.00 to $60.00 in a research report on Tuesday, May 27th. Robert W. Baird upgraded Terex from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $48.00 to $66.00 in a research report on Tuesday, May 13th. JPMorgan Chase & Co. lifted their target price on Terex from $43.00 to $50.00 and gave the company a “neutral” rating in a research note on Tuesday, June 10th. Finally, Baird R W upgraded Terex from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 13th. Eight investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $50.90.

Terex Trading Up 4.1%

Terex stock opened at $46.67 on Monday. Terex has a 52 week low of $31.53 and a 52 week high of $68.08. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.07 and a current ratio of 2.11. The firm has a market capitalization of $3.09 billion, a price-to-earnings ratio of 12.72, a P/E/G ratio of 4.72 and a beta of 1.60. The company has a 50 day moving average price of $42.81 and a 200 day moving average price of $43.09.

Terex Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Friday, June 6th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend was Friday, June 6th. Terex’s dividend payout ratio (DPR) is presently 18.53%.

Insider Activity

In related news, insider Joshua Gross sold 5,389 shares of the company’s stock in a transaction on Monday, May 5th. The shares were sold at an average price of $40.75, for a total value of $219,601.75. Following the completion of the sale, the insider now directly owns 38,755 shares in the company, valued at approximately $1,579,266.25. This represents a 12.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 1.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Terex

Several institutional investors have recently bought and sold shares of the stock. Fifth Third Bancorp increased its holdings in shares of Terex by 88.1% during the 1st quarter. Fifth Third Bancorp now owns 905 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 424 shares during the last quarter. Norges Bank acquired a new stake in Terex in the 4th quarter worth approximately $35,001,000. KLP Kapitalforvaltning AS bought a new stake in Terex during the fourth quarter worth approximately $610,000. Charles Schwab Investment Management Inc. grew its holdings in Terex by 4.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 982,636 shares of the industrial products company’s stock valued at $45,417,000 after purchasing an additional 41,758 shares during the last quarter. Finally, Bank of Montreal Can grew its holdings in Terex by 5.4% during the fourth quarter. Bank of Montreal Can now owns 11,771 shares of the industrial products company’s stock valued at $544,000 after purchasing an additional 604 shares during the last quarter. 92.88% of the stock is currently owned by institutional investors.

About Terex

Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Materials Processing (MP) and Aerial Work Platforms (AWP). The MP segment designs, manufactures, services, and markets 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 brands.