Zacks Research Weighs in on Terex’s Q3 Earnings (NYSE:TEX)

Terex Corporation (NYSE:TEX) – Equities researchers at Zacks Research lifted their Q3 2026 EPS estimates for Terex in a note issued to investors on Wednesday, September 23rd. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $1.36 for the quarter, up from their previous estimate of $1.34. The consensus estimate for Terex’s current full-year earnings is $5.00 per share. Zacks Research also issued estimates for Terex’s Q4 2026 earnings at $1.21 EPS, FY2026 earnings at $4.91 EPS, Q3 2027 earnings at $1.61 EPS, Q4 2027 earnings at $1.62 EPS, FY2027 earnings at $5.88 EPS, Q2 2028 earnings at $1.82 EPS and FY2028 earnings at $6.49 EPS.

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

Other equities analysts have also issued reports about the company. Morgan Stanley restated an “overweight” rating and set a $86.00 target price on shares of Terex in a report on Monday, August 3rd. Wall Street Zen upgraded Terex from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Truist Financial increased their price objective on Terex from $92.00 to $96.00 and gave the company a “buy” rating in a report on Friday, July 31st. Citigroup raised their price objective on Terex from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Terex in a report on Friday, July 17th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $78.91.

Terex Stock Up 1.4%

TEX stock opened at $57.40 on Thursday. The firm has a market cap of $6.56 billion, a PE ratio of 29.29, a PEG ratio of 0.86 and a beta of 1.50. Terex has a 1 year low of $41.70 and a 1 year high of $74.69. The company has a fifty day simple moving average of $63.62 and a 200 day simple moving average of $62.92. The company has a current ratio of 1.82, a quick ratio of 0.93 and a debt-to-equity ratio of 0.54.

Institutional Investors Weigh In On Terex

A number of hedge funds have recently bought and sold shares of TEX. CenterBook Partners LP acquired a new stake in shares of Terex during the 4th quarter valued at about $934,000. Hillsdale Investment Management Inc. acquired a new position in Terex in the fourth quarter worth about $5,055,000. Y Intercept Hong Kong Ltd acquired a new position in Terex in the first quarter worth about $6,439,000. Fieldview Capital Management LLC bought a new position in Terex during the fourth quarter worth about $1,898,000. Finally, Norges Bank bought a new position in Terex during the fourth quarter worth about $33,828,000. 92.88% of the stock is currently owned by institutional investors.

Terex News Summary

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Zacks Research increased its Terex EPS estimates for several periods, including Q3 and Q4 2026, FY2026, Q3 and Q4 2027, FY2027, Q2 2028 and FY2028. The revisions included FY2026 EPS rising to $4.91 from $4.89, FY2027 EPS to $5.88 from $5.81, and FY2028 EPS to $6.49 from $6.45, signaling slightly improved expectations for future profitability. Zacks Research Terex earnings estimate revisions
• Positive Sentiment: The latest revision lifted Q2 2027 EPS expectations to $1.57 from $1.55. The broader analyst consensus for Terex’s current-year earnings remains $5.00 per share, providing a generally constructive earnings backdrop. Terex Q2 2027 EPS estimate revision
• Positive Sentiment: Zacks identified Terex as a strong value stock based on its Style Scores. That assessment could attract value-oriented investors, particularly given the company’s projected earnings growth and PEG ratio below 1. Zacks value-stock analysis
• Neutral Sentiment: A report discussed how Terex may affect rotational investment-strategy timing, but the available information did not identify a specific operational development, target-price change or catalyst for TEX. Terex rotational strategy analysis

About Terex

Terex Corporation (NYSE:TEX) is a global manufacturer of equipment used in construction, infrastructure development, utilities, quarrying, mining, recycling and other industrial applications. The company operates through two principal business segments: Aerial Work Platforms and Materials Processing.

Through its Genie brand, Terex produces aerial work platforms and related equipment, including boom lifts, scissor lifts, telehandlers and vertical mast lifts. Its Materials Processing segment supplies machinery used to crush, screen, wash, convey and process materials, along with equipment for recycling, wood processing and environmental applications.