After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that Terex is Named to Newsweek’s 2024 Most Responsible Companies List.
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Stocks Info
The company is listed on the NYSE and operates within the Farm & Heavy Construction Machinery industry segment. At the end of the last regular session, the stock closed at $55.58 and fluctuated between $56.23 as its day high and $55.20 as its day low. The current market capitalization of Terex Corp. is $3.74B. A total of 0.51 million shares were traded on the day, compared to an average of 906.32K shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, TEX has seen 5 BUY and 0 SELL insider trades, representing the acquisition of 41,203 and the disposition of 0 shares. Over the last 12 months, there were 37 BUYs and 54 SELLs from insiders. Insiders purchased 350,939 shares during that period but sold 831,292.
In the most recent transaction, GARRISON JOHN L JR sold 45,000 shares of TEX for 59.00 per share on Dec 19. After the transaction, the CHAIRMAN AND CEO now owns 492,121 company shares. In a previous transaction on Dec 14, GEORGE AMY sold 7,000 shares at 57.27 per share. TEX shares that Senior V.P. Human Resources owns now total 94,168.
Among the insiders who sold shares, JOHNSTON STEPHEN disposed of 2,661 shares on Dec 14 at a per-share price of $57.33. This resulted in the VP CAO and Controller holding 13,961 shares of TEX after the transaction. In another insider transaction, SACHS DAVID A bought 25,000 shares at $50.93 per share on Dec 12. Company shares held by the Director now total 87,500.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Terex Corp. pays an annual dividend of $0.60, resulting in a dividend yield of 1.08%, and it has a price to earnings (P/E) ratio of 7.90. TEX’s most recent ex-dividend date was 11/8/2023 when it declared a $0.17 quarterly dividend that was paid in cash on 12/19/2023. Previously, the company paid the dividend on 9/19/2023 with an ex-dividend date of 8/11/2023. The TEX stock dividend was $0.17 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for TEX in the last 3 months, the mean price target is $58.69 with high estimates of $75.00 and low estimates of $44.00. In terms of 52-week highs and lows, TEX has a high of $65.64 and a low of $41.89.
As of this writing, TEX has an earnings estimate of $1.39 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $1.56 per share and a lower estimate of $1.27. The company reported an EPS of $2.34 in the last quarter, which was 41.00% higher than expectations of $1.66.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. TEX’s latest balance sheet shows that the firm has $266.90M in Cash & Short Term Investments as of fiscal 2021. There were $674.10M in debt and $909.90M in liabilities at the time. Its Book Value Per Share was $22.43, while its Total Shareholder’s Equity was $1.11B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TEX is Buy with a score of 3.43.
