Zacks Research Has Bullish Forecast for Terex Q2 Earnings

Terex Corporation (NYSE:TEX) – Stock analysts at Zacks Research upped their Q2 2026 earnings per share (EPS) estimates for Terex in a research report issued on Friday, April 10th. Zacks Research analyst Team now forecasts that the industrial products company will earn $1.33 per share for the quarter, up from their previous forecast of $1.22. 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. Zacks Research also issued estimates for Terex’s FY2026 earnings at $4.76 EPS, Q1 2027 earnings at $0.96 EPS and Q2 2027 earnings at $1.46 EPS.

Several other brokerages also recently issued reports on TEX. Barclays started coverage on shares of Terex in a report on Tuesday, March 31st. They set an “overweight” rating and a $65.00 price target for the company. Wall Street Zen downgraded shares of Terex from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 21st. JPMorgan Chase & Co. lowered their price target on shares of Terex from $76.00 to $60.00 and set a “neutral” rating for the company in a report on Friday, April 10th. Wells Fargo & Company upped their price target on shares of Terex from $56.00 to $70.00 and gave the stock an “equal weight” rating in a report on Friday, February 13th. Finally, Robert W. Baird set a $100.00 price target on shares of Terex in a report on Thursday, February 12th. Eight analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Terex has a consensus rating of “Moderate Buy” and an average price target of $70.73.

Terex Stock Up 0.7%

NYSE TEX opened at $63.74 on Tuesday. The business has a fifty day moving average price of $63.13 and a two-hundred day moving average price of $56.42. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.30 and a quick ratio of 1.36. Terex has a fifty-two week low of $33.13 and a fifty-two week high of $71.50. The stock has a market capitalization of $7.25 billion, a PE ratio of 19.14, a PEG ratio of 1.27 and a beta of 1.64.

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

Institutional Trading of Terex

A number of large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its holdings in Terex by 2.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,433,991 shares of the industrial products company’s stock worth $183,308,000 after acquiring an additional 76,028 shares during the period. Wellington Management Group LLP grew its holdings in Terex by 17.9% during the 4th quarter. Wellington Management Group LLP now owns 2,798,109 shares of the industrial products company’s stock worth $149,363,000 after acquiring an additional 425,322 shares during the period. Morgan Stanley grew its holdings in Terex by 77.2% during the 4th quarter. Morgan Stanley now owns 1,669,042 shares of the industrial products company’s stock worth $89,094,000 after acquiring an additional 727,277 shares during the period. Invesco Ltd. grew its holdings in Terex by 1.0% during the 4th quarter. Invesco Ltd. now owns 1,620,342 shares of the industrial products company’s stock worth $86,494,000 after acquiring an additional 16,377 shares during the period. Finally, Geode Capital Management LLC grew its holdings in Terex by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 1,616,942 shares of the industrial products company’s stock worth $86,326,000 after acquiring an additional 6,707 shares during the period. 92.88% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Terex news, insider Kieran Hegarty sold 11,980 shares of the stock in a transaction dated Tuesday, February 17th. The stock was 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.90% of the company’s stock.

Terex Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, March 6th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, March 6th. Terex’s dividend payout ratio (DPR) is presently 20.42%.

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.