Stock of the Day

June 1, 2022

Terex (TEX)

$52.73
+$0.52 (+1.0%)
Market Cap: $5.97B

About Terex

Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Materials Processing (MP) and Aerial Work Platforms (AWP). The MP segment designs, manufactures, services, and markets materials processing and specialty equipment, includes crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands. Its products are used in construction, infrastructure, and recycling projects; quarrying and mining, and material handling applications; maintenance applications to lift equipment or material; and landscaping and biomass production industries. The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers under the Terex and Genie brands. Its products include portable material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, and scissor lifts, as well as related components and replacement parts for construction and maintenance of industrial, commercial, institutional, and residential buildings and facilities, transmission and distribution lines, construction and foundation drilling applications, and other commercial operations, as well as in tree trimming and various infrastructure projects. The company offers financing solutions to assist customers in the rental, leasing, and acquisition of its products. Terex Corporation was founded in 1933 and is based in Norwalk, Connecticut.

Today's Trend

Terex Corporation (NYSE: TEX) is receiving modestly positive analyst attention, which may support the stock. Zacks Research raised multiple earnings forecasts, while a separate Zacks analysis characterized Terex as a strong value stock. However, the estimate increases are small and do not represent a new company announcement or material change in guidance.

  • 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
  • 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
  • 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
  • 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

Overall, the news flow is mildly favorable because of repeated upward EPS revisions and value-stock screening. The impact may be limited because the estimate changes are incremental, while the shares remain below their 50-day and 200-day moving averages.

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