Terex (NYSE:TEX) Issues FY 2026 Earnings Guidance

Terex (NYSE:TEX) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.500-5.00 for the period, compared to the consensus estimate of 5.560. The company issued revenue guidance of $7.5 billion-$8.1 billion, compared to the consensus revenue estimate of $5.6 billion.

Terex Trading Down 3.7%

NYSE:TEX opened at $59.26 on Wednesday. The firm’s fifty day moving average is $56.67 and its 200-day moving average is $52.55. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.20 and a current ratio of 2.15. Terex has a 52 week low of $31.53 and a 52 week high of $66.18. The firm has a market cap of $3.89 billion, a P/E ratio of 25.22, a P/E/G ratio of 5.55 and a beta of 1.68.

Terex (NYSE:TEX) last announced its earnings results on Wednesday, February 11th. The industrial products company reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.01. Terex had a net margin of 2.92% and a return on equity of 15.93%. Terex has set its FY 2026 guidance at 4.500-5.00 EPS. Equities analysts expect that Terex will post 4.83 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on TEX shares. Weiss Ratings restated a “hold (c)” rating on shares of Terex in a research report on Wednesday, January 21st. UBS Group cut their price target on Terex from $52.00 to $51.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Citigroup lifted their price objective on shares of Terex from $52.00 to $62.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Morgan Stanley upgraded shares of Terex from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $47.00 to $60.00 in a research report on Wednesday, December 10th. Finally, Wall Street Zen cut shares of Terex from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 21st. Six analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $59.90.

Institutional Trading of Terex

Hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC increased its stake in Terex by 167.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 590 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 369 shares in the last quarter. Strs Ohio bought a new position in shares of Terex in the first quarter valued at $30,000. Jones Financial Companies Lllp grew its holdings in shares of Terex by 427.2% during the first quarter. Jones Financial Companies Lllp now owns 3,506 shares of the industrial products company’s stock valued at $132,000 after buying an additional 2,841 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new position in shares of Terex during the third quarter valued at about $206,000. Finally, Coldstream Capital Management Inc. bought a new stake in shares of Terex during the third quarter worth about $212,000. Institutional investors and hedge funds own 92.88% of the company’s stock.

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.