Stock To Watch: Terex Corporation (NYSE:TEX)


The leading market experts have placed a mean price target of $22.48 on Terex Corporation (NYSE:TEX) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.47 a share for the upcoming quarter and $1.34 for the current fiscal. Technical View The technical analysis of Terex Corporation Common Stock plainly substantiates that the 50-day moving average of Terex Corporation Common Stock is $21.01, and stock is hovering 1.22 or +5.82% distant from $21.01. It is noted that the 200-day MA is $21.86, and Terex Corporation Common Stock stock is $0.37 or +1.69% off from this point. Terex Corporation (NYSE:TEX) 52-week high is $27.11 and the 52-week low is $13.62. This explains if the stock moves $-4.88, it will post a 52-week high. In event of $+63.22% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Terex Corporation Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Terex Corporation (NYSE:TEX) ratio came in at 32.98. The stock last ended the trading session at $22.23 and registered a market cap of $2.43B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Terex Corporation (NYSE:TEX) PEG ratio is at -0.72.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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