Terex Corp (NYSE: TEX) is -21.25% lower on its value in year-to-date trading and has touched a low of $31.53 and a high of $68.08 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TEX stock was last observed hovering at around $35.20 in the last trading session, with the day’s gains setting it 1.2%.
Currently trading at $36.40, the stock is 4.53% and -4.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.49 million and changing 3.41% at the moment leaves the stock -25.19% off its SMA200. TEX registered -38.25% loss for a year compared to 6-month loss of -34.37%. The firm has a 50-day simple moving average (SMA 50) of $38.0696 and a 200-day simple moving average (SMA200) of $48.65605.
The stock witnessed a -4.39% gain in the last 1 month and extending the period to 3 months gives it a -25.67%, and is 0.19% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.48% over the week and 6.01% over the month.
Terex Corp (TEX) has around 11400 employees, a market worth around $2.41B and $5.13B in sales. Current P/E ratio is 7.35 and Fwd P/E is 6.86. Profit margin for the company is 6.54%. Distance from 52-week low is 15.45% and -46.54% from its 52-week high. The company has generated returns on investments over the last 12 months (7.42%).
The EPS is expected to shrink by -27.15% this year
462.0 institutions hold shares in Terex Corp (TEX), with institutional investors hold 102.90% of the company’s shares. The shares outstanding are 65.70M, and float is at 64.30M with Short Float at 8.41%. Institutions hold 100.09% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 9.0 million shares valued at $493.34 million. The investor’s holdings represent 13.387 of the TEX Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 8.23 million shares valued at $451.24 million to account for 12.2445 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 7.32 million shares representing 10.898 and valued at over $401.62 million, while DIMENSIONAL FUND ADVISORS LP holds 4.1976 of the shares totaling 2.81 million with a market value of $154.22 million.
Terex Corp (TEX) Insider Activity
The most recent transaction is an insider purchase by CARROLL PATRICK S, the company’s Pres., Environmental Solutions. SEC filings show that CARROLL PATRICK S bought 57 shares of the company’s common stock on Mar 06 ’25 at a price of $40.37 per share for a total of $2301.0. Following the purchase, the insider now owns 70993.0 shares.
Terex Corp disclosed in a document filed with the SEC on Mar 04 ’25 that RUSH ANDRA (Director) bought a total of 1,325 shares of the company’s common stock. The trade occurred on Mar 04 ’25 and was made at $36.96 per share for $48972.0. Following the transaction, the insider now directly holds 23308.0 shares of the TEX stock.
Still, SEC filings show that on Feb 07 ’25, CARROLL PATRICK S (Pres., Environmental Solutions) acquired 52 shares at an average price of $44.67 for $2323.0. The insider now directly holds 70,936 shares of Terex Corp (TEX).
