Terex Corporation Stock News

Terex Corporation (NYSE:TEX ) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Derek Everitt - VP, IR Simon Meester - President & CEO Julie Beck - SVP & CFO Conference Call Participants Clay Nelson - Goldman Sachs Brendan Shea - Morgan Stanley Steve Barger - KeyBanc Capital Markets Operator Greetings, and welcome to the Terex Third Quarter 2024 Results Conferenc...

Sales of $1.2 billion and operating margin of 10.1% and 10.5% as adjusted1 EPS of $1.31 and adjusted1 EPS of $1.46 Return on invested capital of 23.7% Full-year adjusted1 EPS outlook of $5.85 to $6.25 NORWALK, Conn. , Oct. 30, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX), a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile el...

DOWNERS GROVE, Ill. , Oct. 8, 2024 /PRNewswire/ -- Dover Corporation (NYSE: DOV) today announced that it has completed the previously reported sale of its Environmental Solutions Group business, which was part of Dover's Engineered Products segment, to Terex Corporation (NYSE: TEX).

NORWALK, Conn. , Sept. 30, 2024 /PRNewswire/ --Terex Corporation ("Terex") (NYSE:TEX) today announced that it has priced its previously announced private offering (the "Private Offering") of $750 million in aggregate principal amount of 6.250% senior notes due 2032 (the "Notes") at par.

NORWALK, Conn. , Sept. 30, 2024 /PRNewswire/ -- Terex Corporation ("Terex") (NYSE:TEX) today announced that it intends to offer, subject to market and other conditions, $750 million in aggregate principal amount of senior notes due 2032 (the "Notes") in a private offering (the "Private Offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "S...

Terex's acquisition of ESG for USD 2 billion increases financial risk due to new debt, reducing intrinsic value from USD 92 to USD 84 per share. Despite the acquisition not being value accretive, TEX still offers a 30% margin of safety at the current market price. Terex remains a strong company with the acquisition. The market has overreacted to the acquisition's impact, presenting a buying opp...

NORWALK, Conn. , Sept. 19, 2024 /PRNewswire/ -- Terex Corporation (NYSE: TEX) today announced that it is updating its 2024 outlook.

NORWALK, Conn. , Sept. 10, 2024 /PRNewswire/ -- Terex Corporation (NYSE:TEX) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act"), as amended, in connection with its previously announced acquisition of Environmental Solutions Group (ESG) from Dover Corporation.