Terex Co. (NYSE:TEX) insider John D. Sheehan purchased 263 shares of the business’s stock in a transaction on Monday, January 8th. The stock was purchased at an average cost of $47.46 per share, with a total value of $12,481.98. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

John D. Sheehan also recently made the following trade(s):

  • On Monday, November 6th, John D. Sheehan acquired 273 shares of Terex stock. The shares were bought at an average cost of $45.73 per share, with a total value of $12,484.29.

Shares of Terex Co. (NYSE TEX) traded up $0.16 during midday trading on Thursday, hitting $47.58. 1,390,200 shares of the stock were exchanged, compared to its average volume of 916,686. The company has a current ratio of 2.42, a quick ratio of 1.53 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $4,000.00, a PE ratio of -24.78, a PEG ratio of 1.87 and a beta of 1.89. Terex Co. has a 1 year low of $28.67 and a 1 year high of $48.92.

Terex (NYSE:TEX) last announced its quarterly earnings data on Tuesday, October 31st. The industrial products company reported $0.50 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.14. The firm had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Terex had a negative net margin of 2.62% and a positive return on equity of 7.01%. The company’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.19 earnings per share. sell-side analysts expect that Terex Co. will post 1.29 earnings per share for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in TEX. Sei Investments Co. lifted its holdings in shares of Terex by 19.5% in the 2nd quarter. Sei Investments Co. now owns 3,800 shares of the industrial products company’s stock worth $142,000 after acquiring an additional 619 shares during the last quarter. Clear Perspective Advisors LLC purchased a new position in Terex during the 2nd quarter valued at about $198,000. Pacer Advisors Inc. increased its position in Terex by 450.2% during the 3rd quarter. Pacer Advisors Inc. now owns 4,446 shares of the industrial products company’s stock valued at $200,000 after purchasing an additional 3,638 shares during the period. Invictus RG increased its position in Terex by 95.4% during the 3rd quarter. Invictus RG now owns 4,618 shares of the industrial products company’s stock valued at $208,000 after purchasing an additional 2,255 shares during the period. Finally, CIBC World Markets Inc. purchased a new position in Terex during the 2nd quarter valued at about $210,000. Hedge funds and other institutional investors own 96.86% of the company’s stock.

Several analysts have weighed in on TEX shares. Wells Fargo & Co set a $52.00 price target on shares of Terex and gave the stock a “buy” rating in a research note on Monday, October 16th. OTR Global cut shares of Terex to a “positive” rating in a research report on Wednesday, September 13th. UBS Group set a $52.00 price objective on shares of Terex and gave the company a “buy” rating in a research report on Wednesday, October 11th. Citigroup boosted their price objective on shares of Terex from $39.00 to $49.00 and gave the company a “neutral” rating in a research report on Friday, October 13th. Finally, Barclays started coverage on shares of Terex in a research report on Tuesday, December 12th. They set an “equal weight” rating and a $50.00 price target on the stock. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $44.71.

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About Terex

Terex Corporation is a manufacturer of lifting and material processing products and services that deliver lifecycle solutions. The Company has three business segments: Aerial Work Platforms (AWP), Cranes and Materials Processing (MP). It delivers lifecycle solutions to a range of industries, including the construction, infrastructure, manufacturing, shipping, utility, quarrying and mining industries.

Insider Buying and Selling by Quarter for Terex (NYSE:TEX)

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