Terex (NYSE:TEX) Issues FY 2026 Earnings Guidance

Terex (NYSE:TEX) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 4.500-5.000 for the period, compared to the consensus EPS estimate of 4.800. The company issued revenue guidance of $7.5 billion-$8.1 billion, compared to the consensus revenue estimate of $7.9 billion.

Terex Stock Down 0.4%

NYSE TEX traded down $0.24 during midday trading on Friday, hitting $61.96. 2,127,808 shares of the company traded hands, compared to its average volume of 1,072,318. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.30 and a quick ratio of 1.36. The company has a market cap of $7.04 billion, a PE ratio of 18.61, a price-to-earnings-growth ratio of 1.26 and a beta of 1.57. The company’s 50-day simple moving average is $62.01 and its 200-day simple moving average is $57.09. Terex has a 52 week low of $37.94 and a 52 week high of $71.50.

Terex (NYSE:TEX) last announced its earnings results on Friday, May 1st. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.20. The business had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $1.70 billion. Terex had a return on equity of 16.51% and a net margin of 4.08%.The business’s revenue for the quarter was up 41.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.83 EPS. Terex has set its FY 2026 guidance at 4.500-5.000 EPS. As a group, equities research analysts forecast that Terex will post 4.84 earnings per share for the current year.

Terex Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, March 6th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, March 6th. Terex’s dividend payout ratio (DPR) is currently 20.42%.

Analysts Set New Price Targets

TEX has been the topic of a number of recent analyst reports. Wells Fargo & Company raised their price target on shares of Terex from $56.00 to $70.00 and gave the company an “equal weight” rating in a report on Friday, February 13th. Weiss Ratings restated a “hold (c)” rating on shares of Terex in a report on Monday, April 20th. Zacks Research upgraded shares of Terex from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Robert W. Baird set a $100.00 price objective on Terex in a research report on Thursday, February 12th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $83.00 price objective on shares of Terex in a research report on Tuesday, February 17th. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Terex currently has a consensus rating of “Moderate Buy” and a consensus target price of $70.73.

Insider Buying and Selling

In other Terex news, insider Kieran Hegarty sold 11,980 shares of Terex stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $69.24, for a total transaction of $829,495.20. Following the completion of the sale, the insider owned 173,495 shares of the company’s stock, valued at approximately $12,012,793.80. The trade was a 6.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.90% of the company’s stock.

Key Headlines Impacting Terex

Here are the key news stories impacting Terex this week:

• Positive Sentiment: Adjusted results and sales exceeded expectations — adjusted EPS of $0.98 topped consensus (~$0.78) and revenue of $1.73B was above estimates, driven by strong year‑over‑year growth. Article Title
• Positive Sentiment: Order book and backlog strength support near-term visibility — backlog rose to $7.1B with a book‑to‑bill of 109%, underpinning the company’s reaffirmed outlook. Article Title
• Neutral Sentiment: Company reaffirmed its FY2026 outlook and published a range (EPS $4.50–$5.00; sales $7.5B–$8.1B), giving guidance but leaving room for model variation — investors will watch execution against the midpoint. Article Title
• Negative Sentiment: GAAP results were affected by significant non‑cash, merger‑related charges — Terex reported an EPS loss from continuing operations (GAAP) of ($0.97), which may concern investors focusing on GAAP profitability. Article Title
• Negative Sentiment: Guidance midpoint slightly below some Street expectations (analyst consensus near ~$4.80 EPS) — that modest gap and conservative revenue range likely tempered investor enthusiasm despite the beat. Article Title

Institutional Trading of Terex

Institutional investors and hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC lifted 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 acquiring an additional 369 shares during the period. Strs Ohio acquired a new stake in Terex during the 1st quarter valued at approximately $30,000. UMB Bank n.a. lifted its stake in Terex by 15.0% during the 4th quarter. UMB Bank n.a. now owns 1,451 shares of the industrial products company’s stock valued at $77,000 after acquiring an additional 189 shares during the period. Quarry LP acquired a new stake in Terex during the 4th quarter valued at approximately $88,000. Finally, Empowered Funds LLC acquired a new stake in Terex during the 4th quarter valued at approximately $108,000. 92.88% of the stock is currently owned by institutional investors and hedge funds.

About Terex

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.