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Decoding 5 Analyst Ratings for Terex – Terex (NYSE:TEX)

Decoding 5 Analyst Ratings for Terex – Terex (NYSE:TEX)

Analyst ratings for Terex TEX According to data from 5 analysts in the last quarter, there was a change from increase to decrease.

The table below summarizes their latest ratings, providing a glimpse into changing sentiment over the past 30 days and comparing them to previous months.

Bull A little bit of bull Indifferent A Little Bear Bear
Total Points one 0 4 0 0
Last 30D 0 0 one 0 0
1M Ago one 0 2 0 0
2M Ago 0 0 one 0 0
3M First 0 0 0 0 0

In evaluating the 12-month price targets, analysts offer insights for Terex, offering an average target of $61.2, a high estimate of $68.00 and a low estimate of $55.00. The current average is a 7.97% decrease from the previous average price target of $66.50.

Decoding Analyst Ratings: A Detailed Look

Terex’s standing among financial experts is revealed by an in-depth review of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Evaluation Current Price Target Previous Price Target
Stephen Volkmann jeffery It lowers To hold $55.00 $68.00
Tami Zakaria JP Morgan It lowers Natural $59.00 $63.00
Jamie the cook Truist Securities It lowers To buy $68.00 $73.00
Kyle Menges Citi Group Announcements Natural $60.00
Steven Fisherman UBS Increases Natural $64.00 $62.00

Basic knowledge:

  • Action Taken: Analysts frequently update their recommendations based on changing market conditions and company performance. Their stance of ‘Hold’, ‘Raise’ or ‘Reduce’ reflects their reaction to recent developments regarding Terex. This information provides a snapshot of how analysts perceive the current health of the company.
  • Evaluation: Analysts providing insight into forecasts assign qualitative ratings from ‘Outperform’ to ‘Underperform.’ These ratings convey expectations for Terex’s relative performance compared to the broader market.
  • Price Targets: Analysts derive insights and provide estimates of the future value of Terex stock. This comparison reveals trends in analysts’ expectations over time.

Understanding these analyst ratings along with key financial indicators can provide valuable insights into Terex’s market position. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Terex analyst ratings.

Exploring Terex: A Closer Look

Terex is a leading manufacturer of aerial work platforms, material handling equipment, and specialty equipment such as material handlers, cranes, and concrete mixer trucks. Its current structure is the result of numerous acquisitions over several decades and a recent shift to focus on its two core segments after divesting a handful of underperforming businesses. Terex’s remaining segments are in high demand in maintenance, manufacturing, energy, and materials management, as well as nonresidential construction.

An In-Depth Look at Terex’s Financials

Market capitalization: The market value of the company, which has a smaller size compared to the industry averages, presents its own challenges.

Income increase: Terex achieves positive performance in 3-month period, achieving revenue growth rate 4.6% As of March 31, 2024. This reflects a significant increase in the company’s top-line earnings. Compared to others in the industrial sector, the company stands out with a higher than average growth rate among its peers.

Net Profit Margin: Terex’s net profit margin exceeds industry standards, highlighting the company’s outstanding financial performance. An impressive 8.39% With its net profit margin, the company manages its costs effectively and achieves strong profitability.

Return on Equity (ROE): Terex’s ROE exceeds industry standards, highlighting the company’s outstanding financial performance. An impressive 6.37% ROE means that the company is using shareholders’ equity effectively.

Return on Assets (ROA): Terex’s ROA exceeds industry standards, highlighting the company’s outstanding financial performance. An impressive 2.94% ROA ensures that the company is using its assets effectively for the best return.

Debt management: With a below average debt-to-equity ratio 0.42Terex adopts a prudent financial strategy by taking a balanced approach to debt management.

Analyst Ratings: Simplified

Analysts are banking and financial systems professionals who typically report on specific stocks or defined sectors. They research company financials, participate in conference calls and meetings, and interview relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts rate each stock quarterly.

Some analysts publish their estimates for metrics such as growth estimates, earnings, and revenue to provide additional guidance along with their ratings. When using analyst ratings, it is important to remember that stock and industry analysts are human too and are only offering their opinions to investors.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.