Terex Corp (NYSE: TEX) stock enjoyed a major increase of 12.0% on 11/6/24. The shares closed at $58.61. Moreover, this advance was accompanied by above average trading volume at 143% of normal. The stock has risen 8.0% during the last week but has been weak relative to the market over the last nine months.
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 68 but a very low Power Rating of 12, and the Negative Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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