On December 11, 2024, Simon Meester, President and CEO of Terex Corp, sold 9,877 shares of Terex Corp (TEX, Financial). Following this transaction, the insider now owns 127,858 shares of the company. The details of this transaction can be found in the SEC Filing.
Terex Corp is a global manufacturer of lifting and material processing products and services that deliver lifecycle solutions to a broad range of industries, including construction, infrastructure, manufacturing, shipping, transportation, refining, energy, utilities, quarrying, and mining. The company operates in two business segments: Aerial Work Platforms and Materials Processing.
The insider transaction history for Terex Corp shows that there have been 3 insider buys and 13 insider sells over the past year. This indicates a trend of more selling activity among insiders.
As of the day of the transaction, shares of Terex Corp were trading at $51.14, giving the stock a market cap of $3.31 billion. The company's price-earnings ratio is 7.23, which is lower than the industry median of 14.6 and also lower than the company’s historical median price-earnings ratio.
With a price of $51.14 and a GF Value of $55.64, Terex Corp has a price-to-GF-Value ratio of 0.92, indicating that the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
