What is Zacks Research’s Forecast for Terex FY2028 Earnings?

Terex Corporation (NYSE:TEX) – Zacks Research issued their FY2028 earnings estimates for Terex in a research report issued to clients and investors on Wednesday, March 4th. Zacks Research analyst Team expects that the industrial products company will earn $6.22 per share for the year. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Terex’s current full-year earnings is $4.83 per share.

Several other brokerages have also recently issued reports on TEX. Morgan Stanley reiterated an “overweight” rating and set a $83.00 price target on shares of Terex in a research report on Tuesday, February 17th. Truist Financial upped their price objective on Terex from $72.00 to $82.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Wall Street Zen cut Terex from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 21st. JPMorgan Chase & Co. assumed coverage on Terex in a report on Wednesday. They set a “neutral” rating and a $76.00 target price on the stock. Finally, Citigroup reissued a “neutral” rating on shares of Terex in a report on Thursday, February 12th. Six investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Terex has an average rating of “Hold” and an average target price of $71.60.

Terex Trading Down 5.3%

Shares of TEX stock opened at $62.15 on Friday. Terex has a 1 year low of $31.53 and a 1 year high of $71.50. The firm has a market capitalization of $7.07 billion, a PE ratio of 18.66, a price-to-earnings-growth ratio of 1.33 and a beta of 1.62. The stock has a fifty day moving average of $62.27 and a two-hundred day moving average of $54.74. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.36 and a current ratio of 2.30.

Terex (NYSE:TEX) last issued its earnings results on Wednesday, February 11th. The industrial products company reported $1.12 EPS for the quarter, meeting analysts’ consensus estimates of $1.12. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. Terex had a return on equity of 16.51% and a net margin of 4.08%.Terex’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.77 earnings per share. Terex has set its FY 2026 guidance at 4.500-5.00 EPS.

Terex Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, March 6th will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, March 6th. Terex’s dividend payout ratio (DPR) is 20.42%.

Insider Activity at Terex

In related news, insider Kieran Hegarty sold 11,980 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $69.24, for a total transaction of $829,495.20. Following the completion of the sale, the insider directly owned 173,495 shares in the company, valued at approximately $12,012,793.80. This trade represents a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Terex

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC raised its position in Terex by 565.8% during the third quarter. Smartleaf Asset Management LLC now owns 486 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 413 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in Terex by 167.0% in the second quarter. EverSource Wealth Advisors LLC now owns 590 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 369 shares in the last quarter. Hantz Financial Services Inc. grew its position in Terex by 6,800.0% in the second quarter. Hantz Financial Services Inc. now owns 690 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 680 shares in the last quarter. Bessemer Group Inc. increased its stake in shares of Terex by 56.4% during the 2nd quarter. Bessemer Group Inc. now owns 718 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 259 shares during the last quarter. Finally, Strs Ohio bought a new position in shares of Terex during the 1st quarter valued at $30,000. Hedge funds and other institutional investors 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.