Terex (NYSE:TEX) Issues FY 2026 Earnings Guidance

Terex (NYSE:TEX) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.700-5.100 for the period, compared to the consensus earnings per share estimate of 4.870. The company issued revenue guidance of $7.9 billion-$8.2 billion, compared to the consensus revenue estimate of $7.9 billion.

Terex Price Performance

Shares of TEX stock traded down $1.92 during trading on Thursday, hitting $62.64. The company had a trading volume of 2,191,390 shares, compared to its average volume of 1,588,280. The company has a quick ratio of 0.88, a current ratio of 1.84 and a debt-to-equity ratio of 0.57. The stock’s 50-day moving average is $65.10 and its two-hundred day moving average is $63.12. The stock has a market capitalization of $7.15 billion, a price-to-earnings ratio of 29.97, a price-to-earnings-growth ratio of 1.07 and a beta of 1.49. Terex has a 52 week low of $41.70 and a 52 week high of $74.69.

Terex (NYSE:TEX) last announced its earnings results on Thursday, July 30th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.14. Terex had a net margin of 1.87% and a return on equity of 13.43%. The business had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.14 billion. During the same period in the previous year, the business posted $1.49 earnings per share. Terex’s revenue for the quarter was up 50.5% on a year-over-year basis. Terex has set its FY 2026 guidance at 4.700-5.100 EPS. As a group, analysts predict that Terex will post 4.85 EPS for the current fiscal year.

Terex Announces Dividend

The company also recently declared 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 1.1%. Terex’s payout ratio is 32.54%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on TEX. Zacks Research raised Terex from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Raymond James Financial upgraded Terex from an “outperform” rating to a “strong-buy” rating and set a $85.00 target price on the stock in a research report on Monday, May 11th. JPMorgan Chase & Co. increased their price target on Terex from $69.00 to $80.00 and gave the company a “neutral” rating in a research note on Monday, July 13th. Weiss Ratings restated a “hold (c)” rating on shares of Terex in a report on Friday, July 17th. Finally, Evercore reaffirmed an “outperform” rating and issued a $81.00 price objective on shares of Terex in a research note on Monday, May 11th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $79.45.

Insider Buying and Selling

In other Terex news, insider Joshua Gross sold 5,874 shares of Terex stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $61.53, for a total value of $361,427.22. Following the completion of the transaction, the insider directly owned 48,706 shares of the company’s stock, valued at $2,996,880.18. The trade was a 10.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.60% of the stock is owned by company insiders.

Key Headlines Impacting Terex

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Terex reported second-quarter adjusted EPS of $1.37, exceeding the $1.23-$1.25 analyst consensus, while revenue of approximately $2.24 billion also topped expectations near $2.14 billion. Terex Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Sales increased 50.5% year over year on a reported basis, while pro forma sales rose 8.5%. Pro forma bookings climbed 25.2%, and the company ended the quarter with a substantial $6.9 billion backlog. Terex Reports Second Quarter 2026 Results
• Positive Sentiment: Management raised its 2026 outlook to $7.9 billion-$8.2 billion in sales and $960 million-$1.0 billion in adjusted EBITDA. The EPS guidance range of $4.70-$5.10 has a midpoint of $4.90, slightly above the $4.87 consensus estimate. Terex Posts Strong Q2 Results and Raises 2026 Outlook
• Neutral Sentiment: Adjusted EBITDA was $269 million, producing a 12.0% margin, and liquidity stood at $1.1 billion. Institutional activity was broadly favorable, with substantially more investors adding shares than reducing positions in the latest reported quarter.
• Negative Sentiment: Despite the adjusted EPS beat, reported EPS declined to $0.96 from $1.09 a year earlier, while adjusted EPS fell from $1.49. Net income increased to $110 million, but the lower per-share results may be weighing on the stock.
• Negative Sentiment: Bookings of $2.0 billion resulted in a 90% book-to-bill ratio, suggesting quarterly orders did not fully replace sales. In addition, disclosed insider transactions showed six sales and no purchases over the past six months, which may add to investor caution.

Institutional Investors Weigh In On Terex

A number of institutional investors have recently modified their holdings of the stock. Mackenzie Financial Corp bought a new position in shares of Terex during the 3rd quarter valued at approximately $233,000. Cibc World Markets Corp purchased a new position in Terex during the 4th quarter valued at $228,000. Brooklyn Investment Group purchased a new stake in Terex in the fourth quarter worth $225,000. Coldstream Capital Management Inc. bought a new position in shares of Terex in the third quarter worth about $212,000. Finally, Crossmark Global Holdings Inc. purchased a new position in Terex in the 3rd quarter worth about $206,000. 92.88% of the stock is owned by hedge funds and other institutional investors.

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.