KeyCorp Weighs in on Terex’s Q1 Earnings (NYSE:TEX)

Terex Corporation (NYSE:TEX) – Investment analysts at KeyCorp issued their Q1 2027 earnings estimates for shares of Terex in a research report issued on Friday, July 31st. KeyCorp analyst S. Barger anticipates that the industrial products company will post earnings per share of $1.16 for the quarter. The consensus estimate for Terex’s current full-year earnings is $4.93 per share. KeyCorp also issued estimates for Terex’s Q2 2027 earnings at $1.52 EPS, Q3 2027 earnings at $1.66 EPS, Q4 2027 earnings at $1.45 EPS, Q1 2028 earnings at $1.36 EPS and Q2 2028 earnings at $1.75 EPS.

Other equities research analysts have also recently issued research reports about the company. Wall Street Zen upgraded Terex from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Barclays upped their price objective on shares of Terex from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Monday, July 20th. JPMorgan Chase & Co. dropped their price objective on shares of Terex from $80.00 to $68.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Truist Financial raised their target price on shares of Terex from $92.00 to $96.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Finally, Raymond James Financial raised shares of Terex from an “outperform” rating to a “strong-buy” rating and set a $85.00 target price for the company in a report on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $78.91.

Terex Stock Performance

TEX opened at $66.25 on Thursday. The company has a quick ratio of 0.93, a current ratio of 1.82 and a debt-to-equity ratio of 0.54. Terex has a 12-month low of $41.70 and a 12-month high of $74.69. The business has a 50 day moving average of $65.71 and a 200-day moving average of $63.26. The stock has a market cap of $7.57 billion, a price-to-earnings ratio of 33.80, a PEG ratio of 1.02 and a beta of 1.51.

Terex (NYSE:TEX) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.14. The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.14 billion. Terex had a return on equity of 12.24% and a net margin of 2.23%.Terex’s quarterly revenue was up 50.5% on a year-over-year basis. During the same quarter last year, the company posted $1.49 earnings per share. Terex has set its FY 2026 guidance at 4.700-5.100 EPS.

Terex Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Tuesday, August 11th will be paid a $0.17 dividend. The ex-dividend date is Tuesday, August 11th. This represents a $0.68 annualized dividend and a yield of 1.0%. Terex’s payout ratio is 34.69%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its position in Terex by 167.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 590 shares of the industrial products company’s stock worth $28,000 after buying an additional 369 shares during the period. Strs Ohio bought a new stake in shares of Terex in the first quarter valued at about $30,000. Essential Partners LLC boosted its position in shares of Terex by 171.2% in the first quarter. Essential Partners LLC now owns 564 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 356 shares during the period. Optiver Holding B.V. grew its stake in shares of Terex by 67.5% in the first quarter. Optiver Holding B.V. now owns 782 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 315 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC acquired a new position in shares of Terex in the first quarter valued at about $47,000. 92.88% of the stock is owned by institutional investors and hedge funds.

Terex Company Profile

Terex Corporation is a global manufacturer of lifting and material-handling plant and equipment, serving a range of industries that includes construction, infrastructure, energy, manufacturing and shipping logistics. Its product portfolio encompasses aerial work platforms, rough terrain and tower cranes, port and cargo handling equipment, material processing machinery and utility products. These offerings are marketed under well-known brands such as Genie®, Terex® AWP, Terex® Cranes, Demag®, and Powerscreen®, and are designed to meet diverse application requirements from building sites to industrial facilities and ports.

Headquartered in Westport, Connecticut, Terex traces its roots back to 1933 and has grown through strategic acquisitions and organic expansion.