Investing In Terex Corp. (NYSE: TEX): Why Should You?

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. 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

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 $64.99 and fluctuated between $65.00 as its day high and $63.60 as its day low. The current market capitalization of Terex Corp. is $4.35B. A total of 0.63 million shares were traded on the day, compared to an average of 703.67K shares.

In the most recent transaction, GARRISON JOHN L JR sold 50,000 shares of TEX for 64.28 per share on Mar 27 ’24. After the transaction, the Former DIR, Chairman and CEO now owns 315,483 company shares. In a previous transaction on Mar 21 ’24, GARRISON JOHN L JR sold 15,906 shares at 61.74 per share. TEX shares that Former DIR, Chairman and CEO owns now total 364,928.

Among the insiders who sold shares, GARRISON JOHN L JR disposed of 59,094 shares on Mar 20 ’24 at a per-share price of $60.07. This resulted in the Former DIR, Chairman and CEO holding 380,834 shares of TEX after the transaction. In another insider transaction, Gross Joshua sold 4,945 shares at $59.13 per share on Mar 19 ’24. Company shares held by the President – Genie now total 21,457.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Terex Corp. pays an annual dividend of $0.66, resulting in a dividend yield of 1.02%, and it has a price to earnings (P/E) ratio of 8.59. 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.

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. 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 $1.36 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

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 $25.30, 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 3.31.

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