Is Terex Corp. (NYSE: TEX) The Best Stock To Invest In?

After Hours

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. Earlier, Yahoo Finance discussed this stock as it revealed Terex to Participate in the J.P. Morgan Industrials Conference.

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Stocks Info

As a NYSE listed company, TEX falls under the Industrials sector while operating within the Farm & Heavy Construction Machinery industry segment. The current market capitalization of Terex Corp. is $4.13B. A total of 0.52 million shares were traded on the day, compared to an average of 701.27K shares.

In the most recent transaction, GARRISON JOHN L JR sold 15,906 shares of TEX for 61.74 per share on Mar 21 ’24. After the transaction, the Former DIR, Chairman and CEO now owns 364,928 company shares. In a previous transaction on Mar 20 ’24, GARRISON JOHN L JR sold 59,094 shares at 60.07 per share. TEX shares that Former DIR, Chairman and CEO owns now total 380,834.

Among the insiders who sold shares, Gross Joshua disposed of 4,945 shares on Mar 19 ’24 at a per-share price of $59.13. This resulted in the President – Genie holding 21,457 shares of TEX after the transaction. In another insider transaction, Hegarty Kieran sold 18,000 shares at $56.80 per share on Mar 06 ’24. Company shares held by the President, Materials Processin now total 198,619.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Terex Corp. pays an annual dividend of $0.66, resulting in a dividend yield of 1.07%, and it has a price to earnings (P/E) ratio of 8.14. TEX’s most recent ex-dividend date was 3/7/2024 when it declared a $0.17 quarterly dividend that was paid in cash on 3/19/2024. Previously, the company paid the dividend on 12/19/2023 with an ex-dividend date of 11/8/2023. The TEX stock dividend was $0.17 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. 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 $1.35 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $1.45 per share and a lower estimate of $1.21. The company reported an EPS of $1.75 in the last quarter, which was 2.30% higher than expectations of $1.71.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $25.30, while its Total Shareholder’s Equity was $1.11B.

Analysts Opinion

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. 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 3.31.

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