TEX Stock Recent News
TEX LATEST HEADLINES
TEX lowers its 2024 guidance, with the midpoint of the new range indicating a sales and earnings per share decline of 4% and 15%, respectively, year over year.
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TEX moves closer to acquiring Dover's Environmental Solutions Group with the expiration of the 30-day waiting period under the HSR Act.
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NORWALK, Conn. , Aug. 28, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) announced today that company leadership will participate in a fireside chat at the Jefferies Industrials Conference.
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Terex Corporation is favored by super-investors like Alex Roepers and Greenhaven Associates, with a "Hold" rating due to high ROIC and fair valuation. Terex operates in M&A, with segments in Material Processing and Aeriel Work Platform, showing diversification and profitability with a good track record. The company's balance sheet is strong with low debt and tangible assets, while valuation indicates potential undervaluation but lacks a margin of safety due to competition risks.
Terex (TEX) expects sales between $5.1 billion and $5.3 billion for 2024 compared with the earlier stated $5.2-$5.4 billion.
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