Terex Corp (NYSE: TEX) kicked off on Tuesday, up 2.17% from the previous trading day, before settling in for the closing price of $51.22. Over the past 52 weeks, TEX has traded in a range of $46.94-$68.08.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 4.73%. While this was happening, its average annual earnings per share was recorded -12.99%. With a float of $65.09 million, this company’s outstanding shares have now reached $66.10 million.
Considering the fact that the conglomerate employs 10200 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 22.22%, operating margin of 11.57%, and the pretax margin is 10.09%.
Terex Corp (TEX) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Farm & Heavy Construction Machinery Industry. The insider ownership of Terex Corp is 2.56%, while institutional ownership is 99.00%. The most recent insider transaction that took place on Aug 02 ’24, was worth 119,864. In this transaction Director of this company bought 2,205 shares at a rate of $54.36, taking the stock ownership to the 21,983 shares. Before that another transaction happened on May 24 ’24, when Company’s Senior V.P., Gen Counsel Sec. sold 12,500 for $60.48, making the entire transaction worth $756,000. This insider now owns 58,224 shares in total.
Terex Corp (TEX) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.86 earnings per share (EPS), higher than consensus estimate (set at 1.39) by 0.47. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.49% during the next five years compared to 39.20% growth over the previous five years of trading.
Terex Corp (NYSE: TEX) Trading Performance Indicators
Take a look at Terex Corp’s (TEX) current performance indicators. Last quarter, stock had a quick ratio of 1.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.68. Likewise, its price to free cash flow for the trailing twelve months is 17.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.86, a number that is poised to hit 0.83 in the next quarter and is forecasted to reach 5.67 in one year’s time.
Technical Analysis of Terex Corp (TEX)
Compared to the last year’s volume of 0.82 million, its volume of 0.92 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 24.30%. Additionally, its Average True Range was 1.80.
During the past 100 days, Terex Corp’s (TEX) raw stochastic average was set at 21.13%, which indicates a significant decrease from 32.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.49% in the past 14 days, which was lower than the 43.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.10, while its 200-day Moving Average is $57.22. Nevertheless, the first resistance level for the watch stands at $53.17 in the near term. At $54.01, the stock is likely to face the second major resistance level. The third major resistance level sits at $55.47. If the price goes on to break the first support level at $50.87, it is likely to go to the next support level at $49.41. Should the price break the second support level, the third support level stands at $48.57.
Terex Corp (NYSE: TEX) Key Stats
The company with the Market Capitalisation of 3.50 billion has total of 66,800K Shares Outstanding. Its annual sales at the moment are 5,152 M in contrast with the sum of 518,000 K annual income. Company’s last quarter sales were recorded 1,212 M and last quarter income was 88,000 K.
