Zacks Research Has Bullish Outlook for Terex FY2026 Earnings

Terex Corporation (NYSE:TEX) – Research analysts at Zacks Research increased their FY2026 earnings estimates for shares of Terex in a report released on Tuesday, August 25th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $4.89 for the year, up from their prior estimate of $4.87. The consensus estimate for Terex’s current full-year earnings is $4.99 per share. Zacks Research also issued estimates for Terex’s Q1 2027 earnings at $1.07 EPS, Q4 2027 earnings at $1.60 EPS, Q2 2028 earnings at $1.81 EPS and FY2028 earnings at $6.45 EPS.

Several other analysts have also recently issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Terex in a report on Friday, July 17th. Truist Financial boosted their target price on shares of Terex from $92.00 to $96.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Raymond James Financial upgraded Terex from an “outperform” rating to a “strong-buy” rating and set a $85.00 price target for the company in a research note on Monday, May 11th. Barclays upped 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. Finally, Wall Street Zen upgraded Terex from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $78.91.

Terex Stock Performance

Shares of TEX opened at $65.41 on Wednesday. Terex has a 52-week low of $41.70 and a 52-week high of $74.69. The company has a quick ratio of 0.93, a current ratio of 1.82 and a debt-to-equity ratio of 0.54. The firm has a market cap of $7.47 billion, a price-to-earnings ratio of 33.37, a PEG ratio of 1.00 and a beta of 1.51. The business’s 50 day moving average is $66.96 and its two-hundred day moving average is $63.87.

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

Hedge Funds Weigh In On Terex

A number of large investors have recently bought and sold shares of TEX. BlackRock Inc. acquired a new position in Terex in the second quarter valued at approximately $1,063,541,000. California State Teachers Retirement System raised its position in shares of Terex by 7,157.5% during the 2nd quarter. California State Teachers Retirement System now owns 9,513,566 shares of the industrial products company’s stock worth $688,687,000 after purchasing an additional 9,382,480 shares during the period. Wellington Management Group LLP bought a new stake in shares of Terex in the 3rd quarter worth approximately $121,724,000. Freestone Grove Partners LP bought a new stake in shares of Terex in the 2nd quarter worth approximately $116,558,000. Finally, Invesco Ltd. boosted 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 valued at $82,283,000 after purchasing an additional 1,425,996 shares during the period. Institutional investors own 92.88% of the company’s stock.

Terex Announces Dividend

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

About Terex

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.