How to buy Terex Corporation stock | 30.09

Terex Corporation is a farm & heavy construction machinery business based in the US. Terex Corporation shares (TEX) are listed on the NYSE and all prices are listed in US Dollars. Terex Corporation employs 9,500 staff and has a trailing 12-month revenue of around USD$3.2 billion.

How to buy shares in Terex Corporation

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Terex Corporation. Find the stock by name or ticker symbol: TEX. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Terex Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$30.09, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Terex Corporation, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Terex Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Terex Corporation's share price?

Since the stock market crash in March caused by coronavirus, Terex Corporation's share price has had significant positive movement.

Its last market close was USD$30.09, which is 16.32% up on its pre-crash value of USD$25.18 and 148.47% up on the lowest point reached during the March crash when the shares fell as low as USD$12.11.

If you had bought USD$1,000 worth of Terex Corporation shares at the start of February 2020, those shares would have been worth USD$489.57 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,181.33.

Terex Corporation share price

Use our graph to track the performance of TEX stocks over time.

Terex Corporation shares at a glance

• Key figures

Information last updated 2020-11-25.

Latest market close	USD$30.09
52-week range	USD$11.54 - USD$33.49
50-day moving average	USD$26.7733
200-day moving average	USD$20.8709
Wall St. target price	USD$28.71
PE ratio	180
Dividend yield	USD$0.48 (3.53%)
Earnings per share (TTM)	USD$0.168

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Is it a good time to buy Terex Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Terex Corporation by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Terex Corporation price performance over time

Historical closes compared with the close of $30.09 from 2020-11-16

1 week (2020-11-19)	N/A
1 month (2020-10-30)	21.87%
3 months (2020-08-26)	N/A
6 months (2020-05-26)	N/A

1 year (2019-11-26)	N/A
2 years (2018-11-26)	N/A
3 years (2017-11-26)	N/A
5 years (2015-11-26)	N/A

Is Terex Corporation under- or over-valued?

Valuing Terex Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Terex Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Terex Corporation's P/E ratio

Terex Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 180x. In other words, Terex Corporation shares trade at around 180x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Terex Corporation's PEG ratio

Terex Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.5387. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Terex Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Terex Corporation's EBITDA

Terex Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$113.6 million.

The EBITDA is a measure of a Terex Corporation's overall financial performance and is widely used to measure a its profitability.

Terex Corporation financials

Revenue TTM	USD$3.2 billion
Operating margin TTM	2.09%
Gross profit TTM	USD$887.8 million
Return on assets TTM	1.36%
Return on equity TTM	1.47%
Profit margin	-0.12%
Book value	$12.43
Market capitalisation	USD$2.2 billion

TTM: trailing 12 months

Shorting Terex Corporation shares

There are currently 2.5 million Terex Corporation shares held short by investors – that's known as Terex Corporation's "short interest". This figure is 10.8% down from 2.8 million last month.

There are a few different ways that this level of interest in shorting Terex Corporation shares can be evaluated.

Terex Corporation's "short interest ratio" (SIR)

Terex Corporation's "short interest ratio" (SIR) is the quantity of Terex Corporation shares currently shorted divided by the average quantity of Terex Corporation shares traded daily (recently around 798503.47003155). Terex Corporation's SIR currently stands at 3.17. In other words for every 100,000 Terex Corporation shares traded daily on the market, roughly 3170 shares are currently held short.

However Terex Corporation's short interest can also be evaluated against the total number of Terex Corporation shares, or, against the total number of tradable Terex Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Terex Corporation's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Terex Corporation shares in existence, roughly 40 shares are currently held short) or 0.0488% of the tradable shares (for every 100,000 tradable Terex Corporation shares, roughly 49 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Terex Corporation.

Find out more about how you can short Terex Corporation stock.

Terex Corporation share dividends

Dividend payout ratio: 44.44% of net profits

Recently Terex Corporation has paid out, on average, around 44.44% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.53% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Terex Corporation shareholders could enjoy a 3.53% return on their shares, in the form of dividend payments. In Terex Corporation's case, that would currently equate to about $0.48 per share.

While Terex Corporation's payout ratio might seem fairly standard, it's worth remembering that Terex Corporation may be investing much of the rest of its net profits in future growth.

Terex Corporation's most recent dividend payout was on 19 March 2020. The latest dividend was paid out to all shareholders who bought their shares by 5 March 2020 (the "ex-dividend date").

Have Terex Corporation's shares ever split?

Terex Corporation's shares were split on a 2:1 basis on 17 July 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Terex Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Terex Corporation shares which in turn could have impacted Terex Corporation's share price.

Terex Corporation share price volatility

Over the last 12 months, Terex Corporation's shares have ranged in value from as little as $11.54 up to $33.49. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Terex Corporation's is 1.4814. This would suggest that Terex Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Terex Corporation overview

Terex Corporation manufactures and sells aerial work platforms, materials processing machinery, and cranes worldwide. The company operates in two segments, Aerial Work Platforms (AWP) and Material Processing (MP). It offers AWP equipment, utility equipment, telehandlers, and light towers, as well as related components and replacement parts under the Terex and Genie brands to construct and maintain industrial, commercial, institutional, and residential buildings and facilities; construction and maintenance of utility and telecommunication lines; tree trimming; certain construction and foundation drilling applications; and for other commercial operations, as well as used in infrastructure projects. The company also provides materials processing and specialty equipment, including crushers, washing systems, screens, apron feeders, material handlers, pick and carry cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and pavers, and conveyors under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Terex Finlay, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, Terex Conveying Systems, and Terex Bid-Well brand names. Its products are used in construction, infrastructure, and recycling projects; various quarrying and mining, and material handling applications; maintenance applications to lift equipment or material; and building roads and bridges, as well as landscaping and biomass production industries. In addition, it designs, manufactures, services, refurbishes, and markets rough terrain and tower cranes use to move materials and equipment on rugged or uneven terrain and tower cranes, and lift construction material and place at point of use under the Terex brand. Further, the company provides financing solutions to assist customers in the rental, leasing, and acquisition of its products. Terex Corporation was incorporated in 1986 and is based in Westport, Connecticut.

Frequently asked questions

• What percentage of Terex Corporation is owned by insiders or institutions?

  Currently 4.176% of Terex Corporation shares are held by insiders and 88.029% by institutions.

• How many people work for Terex Corporation?

  Latest data suggests 9,500 work at Terex Corporation.

• When does the fiscal year end for Terex Corporation?

  Terex Corporation's fiscal year ends in December.

• Where is Terex Corporation based?

  Terex Corporation's address is: 200 Nyala Farm Road, Westport, CT, United States, 06880

• What is Terex Corporation's ISIN number?

  Terex Corporation's international securities identification number is: US8807791038

• What is Terex Corporation's CUSIP number?

  Terex Corporation's Committee on Uniform Securities Identification Procedures number is: 880779103