Terex Corp (NYSE: TEX) has reported E.P.S. of $1.32 for its third fiscal quarter (ending September 30) versus $1.77 for the same period a year ago — a decline of -25%. For the latest four quarters through September 30, E.P.S. were $6.93 compared to $7.12 a year ago — a decline of -3%.
Recent Price Action
Terex Corp (NYSE: TEX) stock closed at $51.53 on 10/30/24 after a large decline of -5.0%. Moreover, trading volume in this decline was exceptionally high at 235% of normal. Relative to the market the stock has been weak over the last nine months and has declined -4.6% during the last week.
Current PriceTarget Research Rating
TEX’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Terex has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Terex has a slightly positive Appreciation Score of 66 but a very low Power Rating of 12, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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