Does Wall Street Rate Terex Corporation (TEX) Shares A Sell?

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SNOW Stock

As of Wednesday close, Terex Corporation’s (NYSE:TEX) stock was up $0.19, moving up 0.42 percent to $45.26. The average number of shares traded per day over the past five days has been 500,560 shares. 4 times new highs have been achieved over the past 5 days, with a $1.34 gain in that time frame. In the last twenty days, the average volume was 784,570, while in the previous 50 days, it was 644,256.

Since last month, TEX stock rose 29.98%. Shares of the company fell to $33.55 on 10/25/22, the lowest level in the past month. A 52-week high of $48.50 was reached on 01/13/22 after having rallying from a 52-week low of $26.64. Since the beginning of this year, TEX’s stock price has risen by 2.98% or $1.31, and marked a new high 5 times. However, the stock has declined by -6.68% since its 52-week high.

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TEX stock investors should be aware that Terex Corporation (TEX) stock had its last reported insider trading activity 6 days ago on Nov 18. GEORGE AMY, the Senior V.P. Human Resources of the company, disposed of 5,000 shares for $45.18 on Nov 18. It resulted in a $225,900 divestment by the insider. POSNER SCOTT sold 2,500 shares at an average price of $44.68 on Nov 18. The insider now owns 62,065 shares following the transaction. On Nov 07, Senior V.P. Human Resources GEORGE AMY sold 5,000 shares at $42.05 apiece. The transaction was valued at $210,250.

Valuation Metrics

Right now, Terex Corporation (TEX) has a P/E ratio of about 11.86. The stock’s beta is 1.68. Besides these, the trailing price-to-sales (P/S) ratio of 0.59, the price-to-book (PB) ratio of 2.97.

The latest dividend of $0.13 per share was paid out, remained unchanged from last year’s $0.13. On Thursday February 10 2022, a $0.01 dividend increase was announced.

Financial Health

In the three months ended September 29, Terex Corporation’s quick ratio stood at 0.90, while its current ratio was 2.00, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.80, and the total debt-to-equity ratio was 0.80. On the profitability front, the trailing twelve-month gross margin is 19.30% percent. In the year ended September 29, operating margins totaled 8.80%. Based on annual data, TEX earned $757.4 million in gross profit and brought in $3.89 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 14.10%. Return on equity (ROE) for the past 12 months was 24.80%.

In Terex Corporation’s quarter-end financial report for September 29, it reported total debt of $824.6 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. TEX’s revenue rose 7.3% to $1.0 billion during the quarter, while net income inched up to $1.12 billion. While analysts expected Terex Corporation to report $1.04 quarterly earnings, the actual figure was $1.2 per share, beating the consensus estimate by 15.40%. During the quarter, the company generated $132.4 million in EBITDA. The liabilities of Terex Corporation were 1.94 billion at the end of its most recent quarter ended September 29, and its total debt was $828.2 million. The value of shareholders’ equity is $67.5 million.

Technical Picture

This quick technical analysis looks at Terex Corporation’s (TEX) price momentum. With a historical volatility rate of 28.12%, the RSI 9-day stood at 71.91% on 23 November.

With respect to its five-day moving average, the current Terex Corporation price is up by +3.05% percent or $1.34. At present, TEX shares trade +27.42% above its 20-day simple moving average and +61.12% percent above its 100-day simple moving average. However, the stock is currently trading approximately +33.79% above its SMA50 and +5.23% above its SMA200.

Stochastic coefficient K was 83.38% and Stochastic coefficient D was 81.98%, while ATR was 1.57. Given the Stochastic reading of 82.31% for the 14-day period, the RSI (14) reading has been calculated as 70.77%. As of today, the MACD Oscillator reading stands at 0.28, while the 14-day reading stands at 1.07.


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