Terex Corp (TEX) 20 Days SMA touches 2.12%: The odds favor the bear

On Tuesday, Terex Corp (NYSE: TEX) opened lower -0.14% from the last session, before settling in for the closing price of $55.24. Price fluctuations for TEX have ranged from $48.11 to $68.08 over the past 52 weeks.

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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%. Company’s average yearly earnings per share was noted -14.25% at the time writing. With a float of $65.11 million, this company’s outstanding shares have now reached $66.00 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

A key investor’s attitude towards the stock of the Farm & Heavy Construction Machinery industry is another important factor to consider. The insider ownership of Terex Corp is 2.54%, while institutional ownership is 96.47%. The most recent insider transaction that took place on Nov 06 ’24, was worth 1,051,740. In this transaction President, Materials Processin of this company sold 18,000 shares at a rate of $58.43, taking the stock ownership to the 182,493 shares. Before that another transaction happened on Nov 07 ’24, when Company’s Director bought 10,000 for $56.98, making the entire transaction worth $569,800. This insider now owns 97,500 shares in total.

Terex Corp (TEX) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -14.25% 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

Check out the current performance indicators for Terex Corp (TEX). In the past quarter, the stock posted a quick ratio of 1.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.72. Likewise, its price to free cash flow for the trailing twelve months is 18.79.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.86, a number that is poised to hit 0.77 in the next quarter and is forecasted to reach 5.59 in one year’s time.

Technical Analysis of Terex Corp (TEX)

Compared to the last year’s volume of 0.81 million, its volume of 0.57 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 70.75%. Additionally, its Average True Range was 1.75.

During the past 100 days, Terex Corp’s (TEX) raw stochastic average was set at 35.29%, which indicates a significant decrease from 72.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.35% in the past 14 days, which was lower than the 47.97% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $53.58, while its 200-day Moving Average is $56.61. Nevertheless, the first resistance level for the watch stands at $55.84 in the near term. At $56.53, the stock is likely to face the second major resistance level. The third major resistance level sits at $57.14. If the price goes on to break the first support level at $54.54, it is likely to go to the next support level at $53.93. Should the price break the second support level, the third support level stands at $53.24.

Terex Corp (NYSE: TEX) Key Stats

There are currently 66,800K shares outstanding in the company with a market cap of 3.68 billion. Presently, the company’s annual sales total 5,152 M according to its annual income of 518,000 K. Last quarter, the company’s sales amounted to 1,212 M and its income totaled 88,000 K.