Stock To Watch: Terex Corporation (NYSE:TEX)


The leading market experts have placed a mean price target of $23.59 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 $0.13 a share for the upcoming quarter and $0.96 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 $23.54, and stock is trading $0.84 points away or +3.55% from its 50-day moving average of $23.54. Further it is trading $1.44 or +6.30% away its 200-day moving average of $22.94. Terex Corporation (NYSE:TEX) 52-week high is $25.57 and the 52-week low is $13.62.

This explains if the stock moves $-1.19, it will post a 52-week high. In event of +79.00% 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 49.35.

The stock last ended the trading session at $24.38 and registered a market cap of $2.65B. 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 -1.10.

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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