Zacks Research Issues Optimistic Forecast for Terex Earnings

Terex Corporation (NYSE:TEX) – Research analysts at Zacks Research upped their Q3 2026 earnings per share (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 of $1.34 per share for the quarter, up from their previous estimate 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.

A number of other research firms also recently commented on TEX. JPMorgan Chase & Co. reduced their target price on Terex from $80.00 to $68.00 and set a “neutral” rating for the company in a report on Friday, July 31st. Barclays upped their price target on shares of Terex from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, July 20th. Citigroup increased their price target on shares of Terex from $75.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. DA Davidson started coverage on shares of Terex in a research note on Wednesday, June 24th. They issued a “strong-buy” rating and a $81.00 price objective for the company. Finally, Morgan Stanley reissued an “overweight” rating and set a $86.00 price objective on shares of Terex in a report on Monday, August 3rd. Two equities 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. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $78.91.

Terex Stock Performance

Shares of TEX stock opened at $65.22 on Thursday. The business’s fifty day moving average price is $66.98 and its 200 day moving average price is $63.89. Terex has a 1-year low of $41.70 and a 1-year high of $74.69. The firm has a market capitalization of $7.45 billion, a PE ratio of 33.28, a P/E/G ratio of 0.99 and a beta of 1.51. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.82 and a quick ratio of 0.93.

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

Terex Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders 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 yield of 1.0%. The ex-dividend date is Tuesday, August 11th. Terex’s payout ratio is presently 34.69%.

Institutional Trading of Terex

Large investors have recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of Terex in the second quarter valued at $1,063,541,000. California State Teachers Retirement System boosted its position in shares of 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 worth $688,687,000 after buying an additional 9,382,480 shares in the last quarter. Wellington Management Group LLP purchased a new stake in shares of Terex in the 3rd quarter worth about $121,724,000. Freestone Grove Partners LP acquired a new stake in Terex in the 2nd quarter valued at about $116,558,000. Finally, Invesco Ltd. grew its stake in Terex by 801.3% in the 3rd quarter. Invesco Ltd. now owns 1,603,965 shares of the industrial products company’s stock valued at $82,283,000 after acquiring an additional 1,425,996 shares during the last quarter. Institutional investors and hedge funds own 92.88% of the company’s stock.

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.