FY2026 Earnings Forecast for Terex Issued By KeyCorp

Terex Co. (NYSE:TEX) – Analysts at KeyCorp issued their FY2026 earnings estimates for shares of Terex in a research note issued to investors on Thursday, January 23rd. KeyCorp analyst S. Barger forecasts that the industrial products company will post earnings of $6.36 per share for the year. The consensus estimate for Terex’s current full-year earnings is $6.08 per share.

Terex (NYSE:TEX) last posted its quarterly earnings results on Wednesday, October 30th. The industrial products company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.31 by $0.15. Terex had a net margin of 9.08% and a return on equity of 24.92%. The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same quarter in the previous year, the business posted $1.75 EPS. The company’s quarterly revenue was down 6.0% compared to the same quarter last year.

Other research analysts have also issued research reports about the stock. Truist Financial cut their price target on shares of Terex from $65.00 to $58.00 and set a “buy” rating on the stock in a research note on Thursday, December 19th. Robert W. Baird dropped their price objective on shares of Terex from $65.00 to $55.00 and set a “neutral” rating on the stock in a report on Thursday, October 31st. JPMorgan Chase & Co. dropped their price objective on shares of Terex from $59.00 to $52.00 and set a “neutral” rating on the stock in a report on Tuesday, January 14th. Finally, Citigroup dropped their price objective on shares of Terex from $57.00 to $48.00 and set a “neutral” rating on the stock in a report on Tuesday, January 14th. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $56.63.

Terex Trading Down 0.1 %

Shares of Terex stock opened at $48.84 on Monday. The company has a current ratio of 2.39, a quick ratio of 1.16 and a debt-to-equity ratio of 0.32. Terex has a 12-month low of $43.50 and a 12-month high of $68.08. The firm has a market capitalization of $3.26 billion, a price-to-earnings ratio of 7.13, a PEG ratio of 4.49 and a beta of 1.55. The firm’s 50 day simple moving average is $48.96 and its two-hundred day simple moving average is $52.77.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Millennium Management LLC boosted its stake in shares of Terex by 169.0% in the second quarter. Millennium Management LLC now owns 264,885 shares of the industrial products company’s stock valued at $14,526,000 after purchasing an additional 166,429 shares during the period. Point72 Asset Management L.P. purchased a new position in Terex in the third quarter worth approximately $4,283,000. Foundry Partners LLC purchased a new position in Terex in the third quarter worth approximately $3,881,000. Bridgewater Associates LP lifted its stake in Terex by 176.1% in the third quarter. Bridgewater Associates LP now owns 79,009 shares of the industrial products company’s stock worth $4,180,000 after acquiring an additional 50,389 shares during the last quarter. Finally, Curated Wealth Partners LLC lifted its stake in Terex by 28.3% in the fourth quarter. Curated Wealth Partners LLC now owns 226,922 shares of the industrial products company’s stock worth $10,488,000 after acquiring an additional 50,000 shares during the last quarter. Hedge funds and other institutional investors own 92.88% of the company’s stock.

Insider Activity

In related news, CEO Simon Meester sold 9,877 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $51.14, for a total transaction of $505,109.78. Following the completion of the sale, the chief executive officer now directly owns 127,858 shares in the company, valued at approximately $6,538,658.12. This trade represents a 7.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David A. Sachs acquired 20,000 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were purchased at an average price of $49.75 per share, with a total value of $995,000.00. Following the completion of the transaction, the director now owns 137,500 shares of the company’s stock, valued at $6,840,625. The trade was a 17.02 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.90% of the company’s stock.

About Terex

Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Materials Processing (MP) and Aerial Work Platforms (AWP). The MP segment designs, manufactures, services, and markets materials processing and specialty equipment, includes crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands.