Forecasting The Future: 7 Analyst Projections For Terex


In the latest quarter, 7 analysts provided ratings for Terex TEX, showcasing a mix of bullish and bearish perspectives.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 1 4 1 0
Last 30D 1 0 0 0 0
1M Ago 0 1 2 0 0
2M Ago 0 0 1 1 0
3M Ago 0 0 1 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $62.86, along with a high estimate of $73.00 and a low estimate of $57.00. Surpassing the previous average price target of $61.00, the current average has increased by 3.05%.

Diving into Analyst Ratings: An In-Depth Exploration

In examining recent analyst actions, we gain insights into how financial experts perceive Terex. The following summary 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
Jamie Cook Truist Securities Announces Buy $73.00 -
David Raso Evercore ISI Group Lowers Outperform $63.00 $65.00
Jerry Revich Goldman Sachs Raises Neutral $59.00 $52.00
Steven Fisher UBS Raises Neutral $62.00 $61.00
Timothy Thein Citigroup Raises Neutral $63.00 $54.00
Michael Feniger B of A Securities Announces Underperform $57.00 -
Stephen Volkmann Jefferies Lowers Hold $63.00 $73.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Terex. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Terex compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Terex's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Terex's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Terex analyst ratings.

All You Need to Know About Terex

Terex is a global 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.

A Deep Dive into Terex's Financials

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Over the 3 months period, Terex showcased positive performance, achieving a revenue growth rate of 0.41% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 10.38%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Terex's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.01% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Terex's ROA excels beyond industry benchmarks, reaching 3.59%. This signifies efficient management of assets and strong financial health.

Debt Management: Terex's debt-to-equity ratio is below the industry average. With a ratio of 0.37, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

How Are Analyst Ratings Determined?

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.

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