Skip to Content
Morningstar

Terex Corp TEX

Morningstar Rating
Unlock
Stock XNYS Rating as of
$59.90 −0.74 (1.22%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

We Remain Positive on Terex's Long-Term Prospects, Despite Near-Term Moderation

Dawit Woldemariam

Terex has an extensive product portfolio of aerial lifts and materials processing equipment. We believe it will continue to be one of the top companies in the heavy equipment industry, with strong brands that resonate with users across the construction, industrial, utility, mining, and residential markets. Customers value Terex’s high-quality and strong-performing products, which also have good residual values. In addition, Terex helps customers reduce their total cost of ownership through improved operational and fuel efficiency, limited machine downtime, and consistent parts availability.

Read Full Report

Price vs Fair Value

View History
TEX is trading within a range we consider fairly valued.
Price
$61.00
Fair Value
$93.00
Uncertainty
High
1-Star Price
$12.81
5-Star Price
$43.00
Economic Moat
Lbhkwms
Capital Allocation
Plndsydtr

Bulls Say, Bears Say

Bulls

Increased infrastructure spending in the U.S. and emerging markets could result in more downstream equipment purchases (materials processing), driving higher sales growth for Terex.

Bears

Terex may fall behind in innovating its aerial lift product line, leading to market share gains for rival JLG.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if TEX is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$60.64
Day Range
$57.80–60.27
52-Week Range
$42.50–65.89
Bid/Ask
$57.90 / $68.60
Market Cap
$4.03 Bil
Volume/Avg
2.0 Mil / 741,466

Key Statistics

Price/Earnings (Normalized)
8.42
Price/Sales
0.79
Dividend Yield (Trailing)
1.09%
Dividend Yield (Forward)
1.09%
Total Yield
2.66%

Company Profile

Terex is a global manufacturer of aerial work platforms, materials processing equipment, and specialty equipment, such as material handlers, cranes, and concrete mixer trucks. Its current composition is a result of numerous acquisitions over several decades and a recent shift to focus on its two core segments after divesting a handful of underperforming businesses. Terex's remaining segments see heavy demand in nonresidential construction as well as in maintenance, manufacturing, energy, and materials management.
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Stock Style Box
Small Value
Total Number of Employees
10,200
Website
https://www.terex.com

Competitors

Valuation

View More
Metric
TEX
CAT
DE
Price/Earnings (Normalized)
 8.4215.9411.47
Price/Book Value
 2.379.574.97
Price/Sales
 0.792.561.91
Price/Cash Flow
 6.9613.199.64
Price/Earnings
TEX
CAT
DE

Financial Strength

Metric
TEX
CAT
DE
Quick Ratio
 0.820.741.81
Current Ratio
 2.011.352.05
Interest Coverage
 10.0425.575.59
Quick Ratio
TEX
CAT
DE

Profitability

Metric
TEX
CAT
DE
Return on Assets (Normalized)
 16.45%12.80%9.82%
Return on Equity (Normalized)
 39.25%59.03%44.28%
Return on Invested Capital (Normalized)
 28.05%19.53%14.47%
Return on Assets
TEX
CAT
DE
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Farm & Heavy Construction Machinery Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
CAT
Caterpillar IncNztfnxjyWpyl$168.8 Bil
DE
Deere & CoCscmvtpctNdwjz$109.7 Bil
PCAR
PACCAR IncNmmqxxnkjCfgpp$59.0 Bil
VOLAF
Volvo AB Class A—Zsbr$52.1 Bil
VOLVF
Volvo AB Class B—Vbb$52.1 Bil
VLVLY
Volvo AB ADR—Vjspm$52.1 Bil
CNHI
CNH Industrial NVWfxzbcsTkvhyj$14.2 Bil
AGCO
AGCO CorpWxpdfjbSgnhx$8.8 Bil
OSK
Oshkosh CorpRsyqrhrdMbyvzsm$8.0 Bil

Sponsor Center