Terex Corp (NYSE:TEX) shares, rose in value on Friday, March 28, with the stock price down by -3.99% to the previous day’s close as strong demand from buyers drove the stock to $38.48.
Actively observing the price movement in the last trading, the stock closed the session at $40.08, falling within a range of $38.15 and $39.935. The value of beta (5-year monthly) was 1.564 whereas the PE ratio was 7.77 over 12-month period. Referring to stock’s 52-week performance, its high was $68.08, and the low was $36.15. On the whole, TEX has fluctuated by -6.94% over the past month.
With the market capitalization of Terex Corp currently standing at about $2.56 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-05. The company’s Forward Dividend Ratio is 0.68, with its dividend yield at 1.77%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.39B, with a low estimate of 1.16B and a high estimate of 1.34B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.26B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TEX’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.67, with the price of TEX currently trading nearly -3.04% and -11.50% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.28, while the 7-day volatility ratio is showing 3.62% which for the 30-day chart, stands at 4.23%. Furthermore, Terex Corp (TEX)’s beta value is 1.39, and its average true range (ATR) is 1.61.
A comparison of Terex Corp (TEX) with its peers suggests the former has fared considerably weaker in the market. TEX showed an intraday change of -3.99% in last session, and over the past year, it shrunk by -38.58%%.
Data on historical trading for Terex Corp (NYSE:TEX) indicates that the trading volumes over the past 10 days have averaged 1.15 and over the past 3 months, they’ve averaged 948.95K. According to company’s latest data on outstanding shares, there are 65.70 million shares outstanding.
Nearly 3.01% of Terex Corp’s shares belong to company insiders and institutional investors own 99.00% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.74 million shares as on 2025-03-14, resulting in a short ratio of 5.41. According to the data, the short interest in Terex Corp (TEX) stood at 1193.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 4.98 million. The stock has fallen by -16.75% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TEX stock heading into the next quarter.
