Summary:
- Terex Corporation (TEX, Financial) reports strong Q1 earnings despite a slight sales decline.
- Analysts foresee a modest upside potential with an average price target of $42.45.
- GuruFocus GF Value estimates a significant upside of 44.35% in Terex's stock price.
Terex Corporation (TEX) announced its first-quarter earnings, showcasing an earnings per share (EPS) of $0.83 amid sales reaching $1.2 billion. A noteworthy performance was observed in the Environmental Solutions segment, which secured a commendable 19.4% operating margin. Despite facing a 4.9% decline in sales compared to last year, the management maintains a positive outlook, reiterating its full-year EPS guidance in the range of $4.70 to $5.10.
Wall Street Analysts' Forecast
Ten analysts have provided their one-year price targets for Terex Corp (TEX, Financial), with an average target price set at $42.45. This includes a high estimate of $59.00 and a low estimate of $30.00. Based on the current trading price of $39.68, the average target suggests a potential upside of 6.98%. For more in-depth estimate details, visit the Terex Corp (TEX) Forecast page.
The consensus from 13 brokerage firms places Terex Corp's (TEX, Financial) average brokerage recommendation at 3.1, categorizing it as a "Hold." This rating operates on a scale from 1 to 5, where 1 indicates a Strong Buy and 5 implies a Sell.
GuruFocus Valuation Insights
According to GuruFocus estimates, the GF Value for Terex Corp (TEX, Financial) is projected at $57.28 within a year, pointing to a substantial upside of 44.35% from the current price of $39.68. The GF Value is GuruFocus' assessment of the fair value at which the stock should ideally be traded, based on its historical trading multiples, past business growth, and future business performance expectations. Additional data can be accessed on the Terex Corp (TEX) Summary page.
