Today, the SVP Finance, Bus Development of Terex Corp (TEX), Brian J. Henry, bought shares of TEX for $2,309.
This is Henry’s first Buy trade following 6 Sell transactions. In addition to Brian J. Henry, 2 other TEX executives reported Buy trades in the last month.
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Based on Terex Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.23 billion and quarterly net profit of $38.4 million. In comparison, last year the company earned revenue of $1.11 billion and had a net profit of $56.6 million. TEX’s market cap is $2.05B and the company has a P/E ratio of 19.52. Currently, Terex Corp has an average volume of 893.7K.
Based on 10 analyst ratings, the analyst consensus is Hold with an average price target of $39.10, reflecting a 36.8% upside.
In the last 30 days, insiders have sold $106.4K worth of TEX shares and purchased $15.29K worth of TEX shares. The insider sentiment on Terex Corp has been negative according to 92 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Brian J. Henry’s trades have generated a -13.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Terex Corp. engages in manufacture of machinery products. It operates through the following segments: Aerial Work Platforms; Cranes; and Materials Processing. The Aerial Work Platforms segment designs, manufactures, services and markets aerial work platform equipment, telehandlers and light towers.
