Terex Corporation manufactures and sells lifting and material processing products worldwide. The company has market cap of $4.08 billion. The firm operates through three divisions: Aerial Work Platforms , Cranes, and Materials Processing (MP). It currently has negative earnings. The AWP segment designs, makes, services, and markets aerial work platform equipment, telehandlers, and light towers, as well as related components and replacement parts under the Terex and Genie brand names.
Nuveen Select Tax-Free Income Portfolio 2 (NXQ) formed multiple top with $14.45 target or 4.00% above today’s $13.89 share price. Nuveen Select Tax-Free Income Portfolio 2 (NXQ) has $246.04M valuation. The stock increased 0.07% or $0.01 during the last trading session, reaching $13.89. About 35,631 shares traded or 25.32% up from the average. Nuveen Select Tax-Free Income Portfolio 2 (NYSE:NXQ) has declined 3.77% since December 23, 2016 and is downtrending. It has underperformed by 20.47% the S&P500.
Marcato Capital Management Lp holds 14.85% of its portfolio in Terex Corporation for 2.89 million shares. Minneapolis Portfolio Management Group Llc owns 795,431 shares or 5.24% of their US portfolio. Moreover, 13D Management Llc has 5.03% invested in the company for 293,752 shares. The Texas-based Stanley Capital Management Llc has invested 3.3% in the stock. Cna Financial Corp, a Illinois-based fund reported 95,614 shares.
Analysts await Terex Corporation (NYSE:TEX) to report earnings on February, 20. They expect $0.25 earnings per share, up 257.14% or $0.18 from last year’s $0.07 per share. TEX’s profit will be $21.03M for 48.51 P/E if the $0.25 EPS becomes a reality. After $0.50 actual earnings per share reported by Terex Corporation for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.
Ratings analysis reveals 40% of Terex’s analysts are positive. Out of 5 Wall Street analysts rating Terex, 2 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $20.0 while the high is $37.0. The stock’s average target of $29 is -40.22% below today’s ($48.51) share price. TEX was included in 5 notes of analysts from September 7, 2016. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, December 14. RBC Capital Markets maintained it with “Sector Perform” rating and $33.0 target in Wednesday, December 14 report. The stock has “Underweight” rating by Barclays Capital on Monday, October 24. The company was initiated on Friday, September 30 by CLSA. Deutsche Bank initiated the stock with “Hold” rating in Wednesday, September 7 report.
Since January 1, 0001, it had 0 insider buys, and 11 insider sales for $3.98 million activity.
The stock increased 0.98% or $0.47 during the last trading session, reaching $48.51. About 531,070 shares traded. Terex Corporation (TEX) has risen 32.26% since December 23, 2016 and is uptrending. It has outperformed by 15.56% the S&P500.