Zacks Research Weighs in on Terex’s Q3 Earnings (NYSE:TEX)

Terex Corporation (NYSE:TEX) – Stock analysts at Zacks Research lifted their Q3 2026 EPS estimates for Terex in a report released on Wednesday, September 23rd. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $1.36 for the quarter, up from their previous forecast of $1.34. The consensus estimate for Terex’s current full-year earnings is $5.00 per share. Zacks Research also issued estimates for Terex’s Q4 2026 earnings at $1.21 EPS, FY2026 earnings at $4.91 EPS, Q3 2027 earnings at $1.61 EPS, Q4 2027 earnings at $1.62 EPS, FY2027 earnings at $5.88 EPS, Q2 2028 earnings at $1.82 EPS and FY2028 earnings at $6.49 EPS.

Terex (NYSE:TEX) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.14. The company had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.14 billion. Terex had a net margin of 2.23% and a return on equity of 12.24%. The company’s quarterly revenue was up 50.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.49 earnings per share. Terex has set its FY 2026 guidance at 4.700-5.100 EPS.

Several other equities research analysts also recently issued reports on TEX. Truist Financial increased their target price on Terex from $92.00 to $96.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. JPMorgan Chase & Co. decreased their price objective on Terex from $80.00 to $68.00 and set a “neutral” rating on the stock in a research note on Friday, July 31st. Citigroup increased their price objective on Terex from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Terex in a report on Friday, July 17th. Finally, DA Davidson initiated coverage on Terex in a research report on Wednesday, June 24th. They set a “strong-buy” rating and a $81.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Terex has a consensus rating of “Moderate Buy” and an average target price of $78.91.

Terex Stock Down 0.7%

Terex stock opened at $58.35 on Thursday. Terex has a 1-year low of $41.70 and a 1-year high of $74.69. The firm has a market capitalization of $6.67 billion, a price-to-earnings ratio of 29.77, a P/E/G ratio of 0.89 and a beta of 1.50. The company has a current ratio of 1.82, a quick ratio of 0.93 and a debt-to-equity ratio of 0.54. The firm has a 50 day simple moving average of $63.96 and a 200 day simple moving average of $62.99.

Terex Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, August 11th were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Tuesday, August 11th. Terex’s dividend payout ratio (DPR) is 34.69%.

Hedge Funds Weigh In On Terex

Institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC increased its holdings in shares of Terex by 7.6% in the second quarter. GAMMA Investing LLC now owns 2,290 shares of the industrial products company’s stock worth $166,000 after purchasing an additional 161 shares during the last quarter. QRG Capital Management Inc. increased its stake in Terex by 2.7% in the 2nd quarter. QRG Capital Management Inc. now owns 7,847 shares of the industrial products company’s stock worth $568,000 after acquiring an additional 208 shares during the last quarter. Arizona State Retirement System boosted its position in shares of Terex by 0.7% during the 2nd quarter. Arizona State Retirement System now owns 31,373 shares of the industrial products company’s stock valued at $2,271,000 after acquiring an additional 210 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Terex by 4.0% in the first quarter. Kestra Advisory Services LLC now owns 7,369 shares of the industrial products company’s stock valued at $436,000 after purchasing an additional 286 shares in the last quarter. Finally, Optiver Holding B.V. grew its holdings in shares of Terex by 67.5% in the first quarter. Optiver Holding B.V. now owns 782 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 315 shares in the last quarter. 92.88% of the stock is currently owned by institutional investors.

Terex Company Profile

Terex Corporation (NYSE:TEX) is a global manufacturer of equipment used in construction, infrastructure development, utilities, quarrying, mining, recycling and other industrial applications. The company operates through two principal business segments: Aerial Work Platforms and Materials Processing.

Through its Genie brand, Terex produces aerial work platforms and related equipment, including boom lifts, scissor lifts, telehandlers and vertical mast lifts. Its Materials Processing segment supplies machinery used to crush, screen, wash, convey and process materials, along with equipment for recycling, wood processing and environmental applications.