Terex Stock Today
| TEX Stock | USD 59.77 0.94 1.55% |
Performance4 of 100
| Odds Of DistressLess than 5
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Terex is trading at 59.77 as of the 18th of April 2024; that is -1.55 percent down since the beginning of the trading day. The stock's open price was 60.71. Terex has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Terex are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of May 2023 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 26th of March 1990 | Category Industrials |
Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. Terex Corporation was incorporated in 1986 and is based in Norwalk, Connecticut. Terex Corp operates under Farm Heavy Construction Machinery classification in the United States and is traded on New York Stock Exchange. The company has 67.3 M outstanding shares of which 1.88 M shares are at this time shorted by investors with about 3.0 days to cover. More on Terex
Moving together with Terex Stock
| 0.88 | DE | Deere Company Financial Report 17th of May 2024 | PairCorr |
| 0.62 | ALG | Alamo Group Financial Report 2nd of May 2024 | PairCorr |
Moving against Terex Stock
| 0.46 | IDEX | Ideanomics | PairCorr |
Terex Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Terex's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Terex or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Stoyan Filipov | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Automobiles and Trucks (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Castellum AB, Target Energy Limited] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Construction Machinery & Heavy Transportation Equipment, Farm & Heavy Construction Machinery, Industrials, NYSE Composite, SP Midcap 400, Automobiles and Trucks, Industrials, Machinery, Farm & Heavy Construction Machinery, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Terex report their recommendations after researching Terex's financial statements, talking to executives and customers, or listening in on Terex's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Terex. The Terex consensus assessment is calculated by taking the average forecast from all of the analysts covering Terex. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Terex's financial statements, Terex may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Terex is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Terex's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Terex's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Terex's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Terex's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Terex's financial leverage. It provides some insight into what part of Terex's total assets is financed by creditors.
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Terex (TEX) is traded on New York Stock Exchange in USA. It is located in 45 Glover Avenue, Norwalk, CT, United States, 06850 and employs 10,200 people. Terex is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Terex's market, we take the total number of its shares issued and multiply it by Terex's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Terex runs under Machinery sector within Industrials industry. The entity has 67.3 M outstanding shares of which 1.88 M shares are at this time shorted by investors with about 3.0 days to cover.
Terex has about 304.1 M in cash with 459.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.43.
Check Terex Probability Of Bankruptcy
Ownership AllocationTerex maintains a total of 67.3 Million outstanding shares. The majority of Terex outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Terex to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Terex. Please pay attention to any change in the institutional holdings of Terex as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Terex Ownership Details
Terex Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Terex jumping above the current price in 90 days from now is about 50.0%. The Terex probability density function shows the probability of Terex stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.6994. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Terex will likely underperform. Additionally, terex has an alpha of 0.0335, implying that it can generate a 0.0335 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Terex to move above the current price in 90 days from now is about 50.0 (This Terex probability density function shows the probability of Terex Stock to fall within a particular range of prices over 90 days) .
Terex Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Terex that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Terex's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Terex's value.| Instituion | Recorded On | Shares | |
| Macquarie Group Ltd | 2023-12-31 | 1.3 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 947.8 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 924.8 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 922 K | |
| Jupiter Asset Management Limited | 2023-12-31 | 905.6 K | |
| Northern Trust Corp | 2023-12-31 | 858.2 K | |
| Bank Of America Corp | 2023-12-31 | 845 K | |
| Prudential Financial Inc | 2023-12-31 | 811.5 K | |
| Victory Capital Management Inc. | 2023-12-31 | 803.9 K | |
| Blackrock Inc | 2023-12-31 | 9.5 M | |
| Vanguard Group Inc | 2023-12-31 | 7.5 M |
Terex Historical Income Statement
Terex Income Statement is one of the three primary financial statements used for reporting Terex's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Terex revenue and expense. Terex Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Terex's Tax Provision is fairly stable compared to the past year. View More FundamentalsTerex Stock Against Markets
Picking the right benchmark for Terex stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Terex stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Terex is critical whether you are bullish or bearish towards Terex at a given time. Please also check how Terex's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Terex without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Terex Corporate Directors
Terex corporate directors refer to members of a Terex board of directors. The board of directors generally takes responsibility for the Terex's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Terex's board members must vote for the resolution. The Terex board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Christopher Rossi | Independent Director | Profile | |
| Andra Rush | Independent Director | Profile | |
| Paula Cholmondeley | Independent Director | Profile | |
| Donald DeFosset | Independent Director | Profile |
How to buy Terex Stock?
Before investing in Terex, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Terex. To buy Terex stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Terex. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Terex stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Terex stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Terex stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Terex, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Terex Stock please use our How to Invest in Terex guide.
Already Invested in Terex?
The danger of trading Terex is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Terex is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Terex. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Terex is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Terex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Terex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Terex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Terex Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Terex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy Terex Stock please use our How to Invest in Terex guide.Note that the Terex information on this page should be used as a complementary analysis to other Terex's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Terex Stock analysis
When running Terex's price analysis, check to measure Terex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Terex is operating at the current time. Most of Terex's value examination focuses on studying past and present price action to predict the probability of Terex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Terex's price. Additionally, you may evaluate how the addition of Terex to your portfolios can decrease your overall portfolio volatility.
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Is Terex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Terex. If investors know Terex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Terex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.383 | Dividend Share 0.64 | Earnings Share 7.56 | Revenue Per Share 76.319 | Quarterly Revenue Growth 0.004 |
The market value of Terex is measured differently than its book value, which is the value of Terex that is recorded on the company's balance sheet. Investors also form their own opinion of Terex's value that differs from its market value or its book value, called intrinsic value, which is Terex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Terex's market value can be influenced by many factors that don't directly affect Terex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Terex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Terex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Terex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.