Terex TEX underwent analysis by 9 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 3 | 1 | 5 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 1 | 0 | 3 | 0 | 0 |
2M Ago | 1 | 0 | 2 | 0 | 0 |
3M Ago | 0 | 1 | 0 | 0 | 0 |
Analysts have recently evaluated Terex and provided 12-month price targets. The average target is $61.11, accompanied by a high estimate of $65.00 and a low estimate of $55.00. A 6.94% drop is evident in the current average compared to the previous average price target of $65.67.
Investigating Analyst Ratings: An Elaborate Study
The perception of Terex by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Jamie Cook | Truist Securities | Raises | Buy | $65.00 | $62.00 |
Mircea Dobre | Baird | Lowers | Neutral | $55.00 | $65.00 |
Tami Zakaria | JP Morgan | Lowers | Neutral | $62.00 | $65.00 |
Mircea Dobre | Baird | Raises | Neutral | $65.00 | $63.00 |
Jamie Cook | Truist Securities | Lowers | Buy | $62.00 | $63.00 |
Kyle Menges | Citigroup | Lowers | Neutral | $57.00 | $60.00 |
Jamie Cook | Truist Securities | Lowers | Buy | $63.00 | $74.00 |
Jerry Revich | Goldman Sachs | Lowers | Neutral | $62.00 | $72.00 |
David Raso | Evercore ISI Group | Lowers | Outperform | $59.00 | $67.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Terex. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Terex compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Terex's stock. This comparison reveals trends in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Terex's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Terex analyst ratings.
Delving into Terex's Background
Terex is a top manufacturer of aerial work platforms, materials processing equipment, and specialty equipment, such as material handlers, cranes, and concrete mixer trucks. Its current composition is a 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 see heavy demand in nonresidential construction as well as in maintenance, manufacturing, energy, and materials management.
Understanding the Numbers: Terex's Finances
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Terex's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -6.05%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Terex's net margin excels beyond industry benchmarks, reaching 7.26%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Terex's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.66%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Terex's ROA stands out, surpassing industry averages. With an impressive ROA of 2.33%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 0.32, Terex adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Core of Analyst Ratings: What Every Investor Should Know
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.