Terex Corp (NYSE: TEX) has reported E.P.S. of $1.62 for its first fiscal quarter (ending March 31) versus $1.62 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $7.65 versus $5.28 for the same period a year ago.
Recent Price Action
Terex Corp (NYSE: TEX) stock declined modestly by -1.2% on 4/25/24. The stock closed at $59.90. Moreover, this decline was accompanied by exceptionally high trading volume at 281% of normal. The stock has performed in line with the market over the last nine months and has declined -1.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, TEX is expected to continue to be a major Value Builder.
Terex has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Terex has a neutral Power Rating of 58 and a neutral Appreciation Score of 59, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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