WallStreetZen

NYSE: TEX
Terex Corp Stock Forecast, Predictions & Price Target

Analyst price target for TEX

Based on 8 analysts offering 12 month price targets for Terex Corp.
Min Forecast
$41.00-5.73%
Avg Forecast
$53.50+23.02%
Max Forecast
$61.00+40.26%

Should I buy or sell TEX stock?

Based on 9 analysts offering ratings for Terex Corp.
Strong Buy
Strong Buy
7 analysts 77.78%
Buy
0 analysts 0%
Hold
2 analysts 22.22%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

TEX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Morgan Stanley
Top 41%
60
HoldMaintains$55.00+26.47%2021-08-02
Credit Suisse
Bottom 1%
1
HoldMaintains$58.00+33.36%2021-08-02
JP Morgan
Top 44%
57
Strong BuyUpgrades$61.00+40.26%2021-07-13
Deutsche Bank
Top 20%
81
Strong BuyUpgrades$52.00+19.57%2021-07-09
Anonymous
KeyBanc
Strong BuyMaintains$59.00+35.66%2021-05-19
UBS
Top 36%
65
Strong BuyUpgrades$60.00+37.96%2021-04-16
Stifel Nicolaus
Top 30%
71
Strong BuyUpgrades$41.00-5.73%2020-12-15
KeyBanc
Top 4%
97
Strong BuyUpgrades$42.00-3.43%2020-12-04
Citigroup
Top 7%
94
Strong BuyUpgradesN/AN/A2020-11-18

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Forecast return on equity

Is TEX forecast to generate an efficient return?
Company
33.35%
Industry
39.46%
Market
1,975.18%
TEX's Return on Equity is forecast to be high in 3 years (33.35%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is TEX forecast to generate an efficient return on assets?
Company
11.24%
Industry
8.76%
Market
951.37%
TEX is forecast to generate higher Return on Assets (11.24%) than the US Farm & Heavy Construction Machinery industry average (8.76%)
Forecast

TEX earnings per share forecast

What is TEX's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$3.00+51.52%
Avg 2 year Forecast
$4.30+117.17%
Avg 3 year Forecast
$4.94+149.49%
TEX's earnings are forecast to grow at an exceptional rate of 44.1% per year
Forecast

TEX revenue forecast

What is TEX's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$3.9B+13.03%
Avg 2 year Forecast
$4.3B+25.64%
Avg 3 year Forecast
$4.6B+32.9%
TEX's revenue is forecast to grow at a rate of 11.42% per year, which is not exceptional
Forecast

TEX earnings growth forecast

How is TEX forecast to perform vs Farm & Heavy Construction Machinery companies and vs the US market?
Company
44.1%
Industry
16.69%
Market
22.98%
TEX's earnings are forecast to grow faster (44.1% per year) than the US Farm & Heavy Construction Machinery industry average (16.69%)
Forecast
TEX's earnings are forecast to grow faster (44.1% per year) than the US market average (22.98%)
Forecast
TEX's earnings are forecast to grow faster (44.1% per year) than the risk-free savings rate (1.5%)
Forecast

TEX revenue growth forecast

How is TEX forecast to perform vs Farm & Heavy Construction Machinery companies and vs the US market?
Company
11.42%
Industry
8.83%
Market
14.66%
TEX's revenues are forecast to grow faster (11.42% per year) than the US Farm & Heavy Construction Machinery industry average (8.83%)
Forecast
TEX's revenues are forecast to grow slower (11.42% per year) than the US market average (14.66%)
Forecast

Terex Corp Stock Forecast FAQ

Is Terex Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: TEX) stock is to Strong Buy TEX stock.

Out of 9 analysts, 7 (77.78%) are recommending TEX as a Strong Buy, 0 (0%) are recommending TEX as a Buy, 2 (22.22%) are recommending TEX as a Hold, 0 (0%) are recommending TEX as a Sell, and 0 (0%) are recommending TEX as a Strong Sell.

What is TEX's earnings growth forecast for 2021-2023?

(NYSE: TEX) Terex Corp's forecast annual earnings growth rate of 44.1% is forecast to beat the US Farm & Heavy Construction Machinery industry's average forecast earnings growth rate of 16.69%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 22.98%.

Terex Corp's earnings in 2021 is $137,500,000.On average, 8 Wall Street analysts forecast TEX's earnings for 2021 to be $209,400,000, with the lowest TEX earnings forecast at $201,024,000, and the highest TEX earnings forecast at $223,360,000. On average, 8 Wall Street analysts forecast TEX's earnings for 2022 to be $300,140,000, with the lowest TEX earnings forecast at $279,200,000, and the highest TEX earnings forecast at $317,590,000.

In 2023, TEX is forecast to generate $344,812,000 in earnings, with the lowest earnings forecast at $312,704,000 and the highest earnings forecast at $366,450,000.

What is TEX's revenue growth forecast for 2021-2023?

(NYSE: TEX) Terex Corp's forecast annual revenue growth rate of 11.42% is forecast to beat the US Farm & Heavy Construction Machinery industry's average forecast revenue growth rate of 8.83%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.66%.

Terex Corp's revenue in 2021 is $3,455,200,000.On average, 7 Wall Street analysts forecast TEX's revenue for 2021 to be $272,602,992,600, with the lowest TEX revenue forecast at $270,412,180,000, and the highest TEX revenue forecast at $276,059,000,000. On average, 8 Wall Street analysts forecast TEX's revenue for 2022 to be $303,003,196,000, with the lowest TEX revenue forecast at $295,065,540,000, and the highest TEX revenue forecast at $309,535,080,000.

In 2023, TEX is forecast to generate $320,529,068,600 in revenue, with the lowest revenue forecast at $314,275,198,000 and the highest revenue forecast at $324,230,074,000.

What is TEX's forecast return on assets (ROA) for 2021-2023?

(NYSE: TEX) forecast ROA is 11.24%, which is higher than the forecast US Farm & Heavy Construction Machinery industry average of 8.76%.

What is TEX's Price Target?

According to 8 Wall Street analysts that have issued a 1 year TEX price target, the average TEX price target is $53.50, with the highest TEX stock price forecast at $61.00 and the lowest TEX stock price forecast at $41.00.

On average, Wall Street analysts predict that Terex Corp's share price could stay at $53.50 by Aug 2, 2022. The average Terex Corp stock price prediction forecasts a potential downside of N/A from the current TEX share price of $43.49.

What is TEX's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: TEX) Terex Corp's current Earnings Per Share (EPS) is $1.98. On average, analysts forecast that TEX's EPS will be $3.00 for 2021, with the lowest EPS forecast at $2.88, and the highest EPS forecast at $3.20. On average, analysts forecast that TEX's EPS will be $4.30 for 2022, with the lowest EPS forecast at $4.00, and the highest EPS forecast at $4.55. In 2023, TEX's EPS is forecast to hit $4.94 (min: $4.48, max: $5.25).

What is TEX's forecast return on equity (ROE) for 2021-2023?

(NYSE: TEX) forecast ROE is 33.35%, which is considered strong.
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