Terex Corporation (TEX) EPS Estimated At $0.36

April 17, 2018 - By Jeanette Kaplan

Terex Corporation (NYSE:TEX) LogoInvestors sentiment increased to 0.91 in Q4 2017. Its up 0.28, from 0.63 in 2017Q3. It improved, as 27 investors sold Terex Corporation shares while 102 reduced holdings. 56 funds opened positions while 61 raised stakes. 76.03 million shares or 4.26% less from 79.42 million shares in 2017Q3 were reported.
26,913 are held by Massachusetts Services Ma. Retirement Of Alabama reported 103,309 shares stake. 1.74 million are owned by Barrow Hanley Mewhinney Strauss Ltd Co. Hanson Doremus Invest reported 35,215 shares. Etrade Mgmt Ltd Liability, a New York-based fund reported 7,520 shares. Walleye Trading Lc has 7,403 shares. The New York-based Stone Ridge Asset Management has invested 0.02% in Terex Corporation (NYSE:TEX). Alliancebernstein L P reported 0.07% stake. Utd Ser Automobile Association holds 0.02% in Terex Corporation (NYSE:TEX) or 167,502 shares. Suntrust Banks owns 7,034 shares for 0% of their portfolio. Advantus Cap Incorporated holds 0.01% of its portfolio in Terex Corporation (NYSE:TEX) for 9,840 shares. Voloridge Llc reported 49,890 shares stake. Rhumbline Advisers owns 274,414 shares. Brown Brothers Harriman & has invested 0% in Terex Corporation (NYSE:TEX). Engineers Gate Manager L P stated it has 90,338 shares.

Since January 5, 2018, it had 10 insider buys, and 4 insider sales for $2.67 million activity. 10,250 shares were bought by SACHS DAVID A, worth $376,602. Another trade for 322 shares valued at $12,500 was made by SHEEHAN JOHN D on Wednesday, March 7. 94 shares were bought by HENRY BRIAN J, worth $3,451. The insider BARR KEVIN A sold 25,596 shares worth $1.01 million. 30,306 Terex Corporation (NYSE:TEX) shares with value of $1.20M were sold by FEARON MATTHEW. Shares for $505,038 were sold by COHEN ERIC I.

Analysts expect Terex Corporation (NYSE:TEX) to report $0.36 EPS on May, 1.They anticipate $0.31 EPS change or 620.00 % from last quarter’s $0.05 EPS. TEX’s profit would be $27.67 million giving it 27.13 P/E if the $0.36 EPS is correct. After having $0.33 EPS previously, Terex Corporation’s analysts see 9.09 % EPS growth. The stock increased 1.14% or $0.44 during the last trading session, reaching $39.06. About 1.33 million shares traded. Terex Corporation (NYSE:TEX) has risen 24.79% since April 17, 2017 and is uptrending. It has outperformed by 13.24% the S&P500.

Terex Corporation (NYSE:TEX) Ratings Coverage

Among 11 analysts covering Terex Corp (NYSE:TEX), 2 have Buy rating, 1 Sell and 8 Hold. Therefore 18% are positive. Terex Corp had 13 analyst reports since October 31, 2017 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, January 11 by RBC Capital Markets. BMO Capital Markets maintained it with “Outperform” rating and $50 target in Friday, November 3 report. The rating was maintained by KeyBanc Capital Markets on Tuesday, October 31 with “Hold”. The stock has “Outperform” rating by Credit Suisse on Thursday, February 15. Seaport Global maintained the stock with “Hold” rating in Tuesday, January 23 report. The firm has “Hold” rating given on Friday, November 3 by RBC Capital Markets. The rating was maintained by Jefferies on Thursday, January 18 with “Hold”. The rating was downgraded by Robert W. Baird on Friday, March 2 to “Neutral”. The company was maintained on Tuesday, December 19 by Robert W. Baird. Bank of America maintained Terex Corporation (NYSE:TEX) on Wednesday, November 8 with “Underperform” rating.

Terex Corporation manufactures and sells lifting and material processing products worldwide. The company has market cap of $3.00 billion. The firm operates through three divisions: Aerial Work Platforms , Cranes, and Materials Processing (MP). It has a 28.85 P/E ratio. The AWP segment designs, makes, services, and markets aerial work platform equipment, telehandlers, and light towers, as well as related components and replacement parts under the Terex and Genie brand names.

Terex Corporation (NYSE:TEX) Institutional Positions Chart

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