Press coverage about Terex (NYSE:TEX) has been trending somewhat positive on Thursday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Terex earned a news impact score of 0.15 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 45.7383417015103 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Terex (TEX) opened at $49.05 on Thursday. The company has a market capitalization of $4,130.00, a P/E ratio of -25.55, a PEG ratio of 1.94 and a beta of 1.89. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.42 and a quick ratio of 1.53. Terex has a one year low of $28.67 and a one year high of $49.90.
Terex (NYSE:TEX) last released its earnings results on Tuesday, October 31st. The industrial products company reported $0.50 EPS for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.14. The company had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Terex had a positive return on equity of 7.01% and a negative net margin of 2.62%. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.19 EPS. analysts expect that Terex will post 1.29 earnings per share for the current year.
Several equities research analysts have weighed in on the company. Barclays assumed coverage on Terex in a report on Tuesday, December 12th. They issued an “equal weight” rating and a $50.00 price objective for the company. ValuEngine cut Terex from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Zacks Investment Research cut Terex from a “buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Robert W. Baird reiterated a “buy” rating and issued a $52.00 price objective on shares of Terex in a report on Thursday, December 21st. Finally, OTR Global upgraded Terex to a “positive” rating in a research note on Tuesday, December 5th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $44.71.
In other Terex news, VP Mark I. Clair sold 3,014 shares of Terex stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $45.53, for a total transaction of $137,227.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have acquired 964 shares of company stock valued at $44,623 in the last quarter. 2.50% of the stock is owned by company insiders.
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Terex Corporation is a manufacturer of lifting and material processing products and services that deliver lifecycle solutions. The Company has three business segments: Aerial Work Platforms (AWP), Cranes and Materials Processing (MP). It delivers lifecycle solutions to a range of industries, including the construction, infrastructure, manufacturing, shipping, utility, quarrying and mining industries.
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