Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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Throughout the last three months, 9 analysts have evaluated Terex (NYSE:TEX), offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 1 | 6 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 1 | 0 | 3 | 0 | 0 |
2M Ago | 1 | 0 | 3 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $64.33, a high estimate of $74.00, and a low estimate of $55.00. Experiencing a 1.03% decline, the current average is now lower than the previous average price target of $65.00.
A clear picture of Terex's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
David Raso | Evercore ISI Group | Lowers | Outperform | $59.00 | $67.00 |
Jerry Revich | Goldman Sachs | Raises | Neutral | $72.00 | $64.00 |
Jamie Cook | Truist Securities | Raises | Buy | $74.00 | $68.00 |
Tami Zakaria | JP Morgan | Raises | Neutral | $65.00 | $59.00 |
Mircea Dobre | Baird | Raises | Neutral | $67.00 | $58.00 |
Stephen Volkmann | Jefferies | Lowers | Hold | $55.00 | $68.00 |
Tami Zakaria | JP Morgan | Lowers | Neutral | $59.00 | $63.00 |
Jamie Cook | Truist Securities | Lowers | Buy | $68.00 | $73.00 |
Kyle Menges | Citigroup | Announces | Neutral | $60.00 | - |
For valuable insights into Terex's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Terex analyst ratings.
Terex is a top manufacturer of aerial work platforms, materials processing equipment, and specialty equipment, such as material handlers, cranes, and concrete mixer trucks. Its current composition is a result of numerous acquisitions over several decades and a recent shift to focus on its two core segments after divesting a handful of underperforming businesses. Terex's remaining segments see heavy demand in nonresidential construction as well as in maintenance, manufacturing, energy, and materials management.
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Challenges: Terex's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -1.53%. This indicates a decrease in top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Terex's net margin excels beyond industry benchmarks, reaching 10.18%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Terex's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.91% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Terex's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.73% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a below-average debt-to-equity ratio of 0.36, Terex adopts a prudent financial strategy, indicating a balanced approach to debt management.
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: TEX