Last $37.41 USD
Change Today +0.17 / 0.46%
Volume 900.8K
TEX On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

terex corp (TEX) Snapshot

Open
$37.43
Previous Close
$37.24
Day High
$37.54
Day Low
$37.13
52 Week High
03/5/14 - $45.46
52 Week Low
09/4/13 - $28.00
Market Cap
4.1B
Average Volume 10 Days
1.2M
EPS TTM
$2.51
Shares Outstanding
110.2M
EX-Date
08/7/14
P/E TM
14.9x
Dividend
$0.20
Dividend Yield
0.53%
Current Stock Chart for TEREX CORP (TEX)

terex corp (TEX) Related Businessweek News

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terex corp (TEX) Details

Terex Corporation operates as a lifting and material handling solutions company. Its Aerial Work Platforms segment designs, manufactures, services, and markets aerial work platform equipment, telehandlers, light towers, and bridge inspection equipment, as well as related components and replacement parts under the Terex and Genie brands. The company’s Construction segment offers compact construction equipment, including loader backhoes, compaction equipment, mini and midi excavators, site dumpers, compact track loaders, skid steer loaders, and wheel loaders; and specialty equipment, such as material handlers, concrete mixer trucks, and concrete pavers. Its Cranes segment designs, manufactures, services, and markets mobile telescopic, tower, lattice boom crawler, lattice boom truck, truck-mounted cranes, and utility equipment, as well as related components and replacement parts. The company’s Material Handling & Port Solutions segment offers industrial cranes, such as universal cranes, process cranes, rope and chain hoists, electric motors, light crane systems, and crane components; and port and rail equipment, including mobile harbor cranes, straddle and sprinter carriers, gantry cranes, reach stackers, empty and full container handlers, general cargo lift trucks, automated stacking cranes, automated guided vehicles, terminal automation software, and related components and replacement parts. Its Materials Processing segment provides materials processing equipment, such as crushers, washing systems, screens, apron feeders, chippers, and related components and replacement parts under the Terex and Powerscreen brands. The company also provides financing solutions to assist customers in the rental, leasing, and acquisition of its products. It serves the construction, infrastructure, quarrying, mining, manufacturing, shipping, transportation, energy, and utility industries worldwide. Terex Corporation was founded in 1925 and is based in Westport, Connecticut.

20,500 Employees
Last Reported Date: 02/25/14
Founded in 1925

terex corp (TEX) Top Compensated Officers

Executive Chairman and Chief Executive Office...
Total Annual Compensation: $1.3M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $554.2K
Chief Executive Officer of Terex Material Han...
Total Annual Compensation: $551.0K
President of Terex Cranes
Total Annual Compensation: $577.8K
President of Terex China
Total Annual Compensation: $348.3K
Compensation as of Fiscal Year 2013.

terex corp (TEX) Key Developments

Terex Corp. Announces Completion of New Senior Secured Credit Facility

Terex Corporation announced that it has refinanced its existing senior secured credit facility with a new $1.1 billion senior secured credit facility. The new facility is comprised of a revolving line of credit of $600 million, a $230 million term loan and a EUR 200 million term loan. The new facility increases the size of the company's revolving line of credit from $500 million to $600 million. It also extends the maturity date for the company's revolving line of credit from 2016 to 2019 and the maturity date for the term loans from 2017 to 2021. Additionally, the new facility provides lower borrowing rates under the revolving line of credit and affords greater flexibility for the company in a number of areas.

Terex Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reaffirms Earnings Guidance for the Full Year of 2014

Terex Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net sales of $2,055.1 million compared to $1,861.5 million for the same period a year ago. Income from operations was $160.9 million compared to $83.5 million for the same period a year ago. Income from continuing operations before income taxes was $128.4 million compared to $46.4 million for the same period a year ago. Income from continuing operations attributable to company was of $87.8 million or $0.76 per diluted share compared to $20.4 million or $0.17 per diluted share for the same period a year ago. Net income attributable to company was of $139.8 million or $1.21 per diluted share compared to $21.3 million or $0.18 per diluted share for the same period a year ago. Adjusted EBITDA was $199.5 million compared to $186 million for the same period a year ago. For six months, the company reported net sales of $3,709.7 million compared to $3,515.2 million for the same period a year ago. Income from operations was $235.9 million compared to $149.1 million for the same period a year ago. Income from continuing operations before income taxes was $171.4 million compared to $78.7 million for the same period a year ago. Income from continuing operations attributable to company was of $120.4 million or $0.76 per diluted share compared to $39.7 million or $0.17 per diluted share for the same period a year ago. Net income attributable to company was of $174.8 million or $1.50 per diluted share compared to $45.2 million or $0.39 per diluted share for the same period a year ago. Net cash provided by operating activities was $24.5 million compared to $129.9 million for the same period a year ago. Capital expenditures were of $37.3 million compared to $41.4 million for the same period a year ago. Adjusted EBITDA was $311.3 million compared to $293.7 million for the same period a year ago. The company reiterated annual outlook for earnings per share of between $2.50 and $2.80, excluding restructuring and other unusual items, although now on net sales of between $7.3 billion and $7.5 billion. The company reaffirming per share guidance with free cash flow of $200 million to $250 million.

Terex Corp. to Report Q2, 2014 Results on Jul 23, 2014

Terex Corp. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Jul 23, 2014

 

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TEX

Industry Average

Valuation TEX Industry Range
Price/Earnings 15.1x
Price/Sales 0.6x
Price/Book 1.8x
Price/Cash Flow 11.6x
TEV/Sales 0.2x
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