Terex Corp [TEX] stock is trading at $45.86, up 2.16%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TEX shares have gain 1.51% over the last week, with a monthly amount drifted -9.51%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Citigroup started tracking the stock with Neutral rating on June 26, 2024, and set its price target to $60. On March 18, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $63 on the stock. Truist started tracking the stock assigning a Buy rating and suggested a price target of $73 on March 14, 2024. UBS downgraded its rating to a Neutral and raised its price target to $62 on February 13, 2024. BofA Securities downgraded its rating to Underperform for this stock on January 19, 2024, but kept the price target unchanged to $57. In a note dated December 20, 2023, Jefferies downgraded an Hold rating on this stock and revised its target price from $73 to $63.
Terex Corp [TEX] stock has fluctuated between $43.50 and $68.08 over the past year. Currently, Wall Street analysts expect the stock to reach $65 within the next 12 months. Terex Corp [NYSE: TEX] shares were valued at $45.86 at the most recent close of the market. An investor can expect a potential return of 41.74% based on the average TEX price forecast.
Analyzing the TEX fundamentals
Terex Corp [NYSE:TEX] reported sales of 5.11B for the trailing twelve months, which represents a drop of -6.05%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.26 and Total Capital is 0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.32.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 44.96 points at the first support level, and at 44.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.37, and for the 2nd resistance point, it is at 46.87.
Ratios To Look Out For
For context, Terex Corp’s Current Ratio is 2.39. As well, the Quick Ratio is 1.16, while the Cash Ratio is 0.35. Considering the valuation of this stock, the price to sales ratio is 0.60, the price to book ratio is 1.55 and price to earnings (TTM) ratio is 6.69.
Transactions by insiders
Recent insider trading involved SACHS DAVID A, Director, that happened on Dec 13 ’24 when 20000.0 shares were purchased. President and CEO, MEESTER SIMON completed a deal on Dec 11 ’24 to sell 9877.0 shares. Meanwhile, Director SACHS DAVID A bought 10000.0 shares on Dec 11 ’24.
