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Terex Corp (TEX) receives a Mkt perform rating from Raymond James

NUE

In a filing, Terex Corp revealed its Pres., Environmental Solutions CARROLL PATRICK S acquired Company’s shares for reported $2301.0 on Mar 06 ’25. In the deal valued at $40.37 per share,57 shares were bought. As a result of this transaction, CARROLL PATRICK S now holds 70,993 shares worth roughly $2.43 million.

Then, RUSH ANDRA bought 1,325 shares, generating $48,972 in total proceeds. Upon buying the shares at $36.96, the Director now owns 23,308 shares.

Before that, CARROLL PATRICK S bought 52 shares. Terex Corp shares valued at $2,323 were divested by the Pres., Environmental Solutions at a price of $44.67 per share. As a result of the transaction, CARROLL PATRICK S now holds 70,936 shares, worth roughly $2.42 million.

Raymond James initiated its Terex Corp [TEX] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in late June with a ‘”a Neutral”‘ rating. JP Morgan also remained covering TEX and has decreased its forecast on March 18, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Truist started covering the stock on March 14, 2024. It rated TEX as “a Buy”.

Price Performance Review of TEX

On Friday, Terex Corp [NYSE:TEX] saw its stock fall -4.61% to $34.18. Over the last five days, the stock has lost -11.17%. Terex Corp shares have fallen nearly -26.05% since the year began. Nevertheless, the stocks have fallen -47.41% over the past one year. While a 52-week high of $68.08 was reached on 01/30/25, a 52-week low of $35.56 was recorded on 04/04/25. SMA at 50 days reached $42.38, while 200 days put it at $50.35.

Levels Of Support And Resistance For TEX Stock

The 24-hour chart illustrates a support level at 32.76, which if violated will result in even more drops to 31.33. On the upside, there is a resistance level at 35.02. A further resistance level may holdings at 35.85. The Relative Strength Index (RSI) on the 14-day chart is 30.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.08%. Stochastics %K at 32.69% indicates the stock is a holding.

How much short interest is there in Terex Corp?

A steep rise in short interest was recorded in Terex Corp stocks on 2025-03-14, growing by 0.76 million shares to a total of 5.74 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 4.98 million shares. There was a rise of 13.24%, which implies that there is a positive sentiment for the stock.

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