Terex Stock Gets Increased EPS Forecast from Zacks Research

Terex Corporation (NYSE:TEX – Free Report) – Equities researchers at Zacks Research boosted their Q2 2027 earnings per share estimates for Terex in a research note issued to investors on Wednesday, September 23rd. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $1.57 for the quarter, up from their previous estimate of $1.55. The consensus estimate for Terex’s current full-year earnings is $5.00 per share.

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

A number of other equities analysts also recently commented on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Terex in a research note on Friday, July 17th. Citigroup increased their target price on Terex from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Wall Street Zen raised Terex from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Barclays increased their price target on shares of Terex from $65.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Terex from $80.00 to $68.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Terex has an average rating of “Moderate Buy” and an average target price of $78.91.

View Our Latest Research Report on Terex

Terex Price Performance

Shares of TEX opened at $56.68 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.93 and a current ratio of 1.82. The company has a 50 day moving average price of $63.78 and a 200-day moving average price of $62.96. Terex has a fifty-two week low of $41.70 and a fifty-two week high of $74.69. The stock has a market capitalization of $6.48 billion, a PE ratio of 28.92, a PEG ratio of 0.89 and a beta of 1.50.

Institutional Investors Weigh In On Terex

A number of large investors have recently modified their holdings of the business. QRG Capital Management Inc. grew its position in Terex by 2.7% during the 2nd quarter. QRG Capital Management Inc. now owns 7,847 shares of the industrial products company’s stock worth $568,000 after purchasing an additional 208 shares during the last quarter. Baird Financial Group Inc. raised its holdings in shares of Terex by 6.5% in the second quarter. Baird Financial Group Inc. now owns 61,214 shares of the industrial products company’s stock worth $4,431,000 after buying an additional 3,718 shares during the last quarter. Arizona State Retirement System raised its holdings in shares of Terex by 0.7% in the second quarter. Arizona State Retirement System now owns 31,373 shares of the industrial products company’s stock worth $2,271,000 after buying an additional 210 shares during the last quarter. Nykredit A S acquired a new stake in shares of Terex during the second quarter worth $198,000. Finally, Parkside Financial Bank & Trust lifted its stake in shares of Terex by 848.2% during the second quarter. Parkside Financial Bank & Trust now owns 787 shares of the industrial products company’s stock worth $57,000 after buying an additional 704 shares during the period. Hedge funds and other institutional investors own 92.88% of the company’s stock.

Trending Headlines about Terex

Here are the key news stories impacting Terex this week:

  • Positive Sentiment: Zacks raised its 2026 EPS forecast to $4.91 from $4.89, lifted 2027 EPS to $5.88 from $5.81, and increased 2028 EPS to $6.49 from $6.45. Quarterly estimates were also raised to $1.36 for Q3 2026, $1.21 for Q4 2026, $1.61 for Q3 2027, $1.62 for Q4 2027, and $1.82 for Q2 2028. The revisions indicate modestly stronger expected earnings momentum for TEX.
  • Neutral Sentiment: Zacks’ 2026 estimate of $4.91 remains slightly below the broader consensus of $5.00 per share, so the upgrades are supportive but do not represent a major change in the overall earnings outlook.
  • Neutral Sentiment: A separate report discussed Terex’s potential role in rotational investment-strategy timing but provided no new fundamental, earnings, or company-specific development. How Terex Corporation (TEX) Affects Rotational Strategy Timing

About Terex

(Get Free Report)

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.

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Earnings History and Estimates for Terex (NYSE:TEX)

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