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TEX

Terex Corporation

5/21/2013, 4:59 AM ET

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| Earnings
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| On the move

Saturday, October 13, 2012, 10:00 AM Five years after record fundraising for P-E firms, the shops still sit on much of that cash and are coming up against the time when they must "use-it-or-lose-it." As most would rather use it, Barron's screens for attractive targets - market cap of $1B-$10B, an Enterprise Value/EBITDA ratio below 10, and annual cash flow of at least 5% of stock market value. The winners: Guess (GES), Terex (TEX), Charles River Labs (CRL), and Big Lots (BIG). 1 Comment [Quick Ideas, M&A]
Tuesday, September 25, 2012, 2:29 PM Heavy equipment makers lag the broader market after Caterpillar (CAT -3.2%) lowered its 2015 guidance due to slumping demand for mining equipment as well as a sluggish global economic recovery. CAT's cautious forecast is infecting other stocks that also depend on countries like China to keep building homes and factories: JOY -4%, TEX -4.2%, MTW -5.5%. 4 Comments [Global & FX, On the Move]
Thursday, July 26, 2012, 10:47 AM Terex (TEX) roars 23% higher following its Q2 EPS beat and increase in FY guidance. Swings to net profit of $85.9M from loss of $0.5M a year earlier. 12-months orders backlog +18% to $2.08B. Now expects FY EPS of $1.95-$2.05 vs. $1.65-$1.85 prior and consensus of $1.76. Forecasts revenue of $7.5B-$7.8B vs. $7.5B-$8B prior and consensus of $7.93B. Comment! [Earnings, On the Move]
Thursday, July 26, 2012, 9:12 AM Premarket gainers: GENE +33%. PSDV +24%. IBIO +21%. S +18%. WDC +17%. AKAM +16%. PCS +14%. TEX +13%. FTNT +13%. STX +11%. WFM +11%. GNC +8%. UN +7%. CROX +7%. BBVA +7%. PHM +7%. SVU +6%. SAN +6%. PSTI +6%. EQIX +6%. ABB +6%. IOC +6%. AEM +6%. FTE +6%. MRVL +6%. NOK +5%. OVTI +5%.
Losers: ZNGA -40%. NG -29%. STRA -17%. GLUU -8%. IPG -6%. ESI -7%. GRPN -6%. FB -6%. ALU -6%. STB -6%. ABX -5%. LVS -5%. 1 Comment [On the Move]
Wednesday, July 25, 2012, 6:52 PM Terex (TEX): Q2 EPS of $0.75 beats by $0.25. Revenue of $2.01B (+35.2% Y/Y) in line. Shares +13.4% AH. (PR) Comment! [Earnings]
Wednesday, July 25, 2012, 12:10 AM Notable earnings after Wednesday's close: AEM, AKAM, AMP, AVB, BCR, CCI, CDNS, CLF, CMO, CROX, CTXS, CYH, DRE, EQR, FLEX, FTNT, ISIL, KBR, LRCX, LSI, LVS, OI, OII, ORLY, STR, SUSQ, SYMC, TER, TEX, TSCO, TSLA, V, VAR, WDC, WFM, WLL, ZNGA Comment! [Earnings]
Tuesday, July 24, 2012, 5:35 PM Notable earnings after Wednesday's close: AEM, AKAM, AMP, AVB, BCR, CCI, CDNS, CLF, CMO, CROX, CTXS, CYH, DRE, EQR, FLEX, FTNT, ISIL, KBR, LRCX, LSI, LVS, OI, OII, ORLY, STR, SUSQ, SYMC, TER, TEX, TSCO, TSLA, V, VAR, WDC, WFM, WLL, ZNGA 1 Comment [Earnings]
Thursday, July 5, 2012, 1:33 PM "The machinery industry is one of the most attractive industries in the United States," says Zacks, citing Q1 growth in industrial production, manufacturing output, machinery shipments and new orders. While the eurozone is weak, international demand is improving. Companies that could benefit include ITW, ROK, MTW, CAT, AGCO, TTC, TEX and KUB. Comment! [Quick Ideas]
Monday, June 25, 2012, 1:13 PM Shares of Terex (TEX -9%) take a hit as Longbow cuts the stock to Neutral from Buy after transferring analyst coverage. The firm cites global macro concerns and European exposure for the downgrade. Comment! [On the Move]
Wednesday, June 6, 2012, 11:40 AM Terex (TEX +7.5%) CEO Ronald DeFeo says that while the weak euro could hit its profit by around $10M, he doesn't think it will be "that material" to earnings, and he reaffirms Terex's FY EPS guidance of $1.65-$1.85. DeFeo's comments are in contrast to Danaher's, which says the euro could hit EPS by $0.05. Comment! [Earnings]
Tuesday, May 29, 2012, 1:04 PM Terex (TEX) +9.45% after a bullish note from BMO Capital Markets, which predicts that equipment rental companies will buy more of the Terex's cranes and aerial work platforms. The segment could "outperform expectations" over the next 12-18 months if non-residential construction spending recovers sooner or stronger than forecast, BMO says. Comment! [On the Move]
Wednesday, April 25, 2012, 5:38 PM Terex (TEX): Q1 EPS of $0.18 misses by $0.05. Revenue of $1.82B (+44.8% Y/Y) beats by $50M. Shares +0.4% AH. Comment! [Earnings]
Wednesday, April 25, 2012, 12:10 AM Notable earnings after Wednesday's close: AIZ, AKAM, BDN, CAKE, CCI, CDNS, CLF, CROX, CRUS, CTXS, DRE, EQIX, EQR, FNF, GG, ISIL, KBR, LSI, LVS, OI, PMTC, QGEN, RRC, RYL, SUSQ, TER, TEX, WLL, WMB, XLNX Comment! [Earnings]
Tuesday, April 24, 2012, 5:35 PM Notable earnings after Wednesday's close: AIZ, AKAM, BDN, CAKE, CCI, CCDNS, CLF, CROX, CRUS, CTXS, DRE, EQIX, EQR, FNF, GG, ISIL, KBR, LSI, LVS, OI, PMTC, QGEN, RRC, RYL, SUSQ, TER, TEX, WLL, WMB, XLNX Comment! [Earnings]
Wednesday, April 18, 2012, 11:14 AM A day after scoring a nifty 5.9% gain inspired by a Wells Fargo upgrade, shares of Terex (TEX +3.8%) ride higher again. Morningstar says that despite sizable exposure to Western Europe, the company's prospects are sound and a "decent" margin of safety for investors exists. Comment! [On the Move]
Tuesday, April 17, 2012, 11:29 AM Terex (TEX +5.9%) is upgraded to Outperform from Market Perform at Wells Fargo, which expects TEX's backlogs to "expand and earnings to potentially begin to beat over the next few quarters." Despite a 74% YTD gain in the shares and "potential continued short-term rotation away from TEX, we expect the stock will be lifted by improving demand and positive pricing." Comment! [On the Move]

Mercy Jimenez
Added trading bloc of TEX @ $22.47.
11/7/12
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REIT: construction companies selling products, machines etc are priced way ahead of reality, I dont think const spending is as they say it is
11/8/12
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Mercy Jimenez: Could B; may unwind trading bloc 4other reasons; looks like companies w/ big gains this yr mayB targets 4this http://bloom.bg/TNnCp7
11/8/12
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Mercy Jimenez
TEX now down 8% - $2.50 pps lower than my sale last night AH; still like this co but won't add trading bloc back until selling settles
10/25/12
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Bob de'Long: You sure made a good call on WLL by getting out before the quarterly release.
10/25/12
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Mercy Jimenez: Little dumb luck, Bob; IMHO this market is going much lower w/ few rays of light in between; keeping cash levels 50-75% in equity allocation
10/25/12
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Stone Fox Capital
$TEX smashing earnings again. 0.62 vs 0.49. Looking good even in a weak economy. $MTW
10/24/12
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Mercy Jimenez
Sold TEX trading bloc AH for small gain @23.50; earnings not released yet but AH order book = too many sellers for my taste; still LONG
10/24/12
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Mercy Jimenez: Earnings now out; (TEX): Q3 EPS of $0.62 beats by $0.13. Revenue of $1.82B (+1% Y/Y) misses by $150M; highest AH Bid to buy now $21.30.
10/24/12
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Mercy Jimenez
Added to core long holding -- bloc of TEX @$23.30 -- $1 cheaper pps than my sale last week; note earnings due 10/24.
10/22/12
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Ocean Man: That's the way you do it!
10/22/12
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Mercy Jimenez: Yes something you know very well -- LOL.
10/22/12
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Mercy Jimenez
Booked 5%+ gains on trading bloc of TEX -- still core long; great co 4 long term+short term= my 4th wash/rinse/repeat -- adding again on dip
10/17/12
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Boatyzaffa: Nice trade Mercy!
10/17/12
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Mercy Jimenez: Thx Boaty -- I've missed seeing your recent entries!
10/18/12
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Mercy Jimenez
One more reason I'm keeping my core long holding on Terex TEX -- http://on.barrons.com/RXmspP
10/14/12
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Mercy Jimenez
TEX + Russian auto maker GAZ to set up joint venture http://reut.rs/VTAdZN Long TEX.
10/11/12
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Bob de'Long: Oughta maka Lotta money on that one.
10/11/12
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Mercy Jimenez: Have to think long term on something Bob ... making themselves more attractive to be acquired; insiders buying monthly see $$$ :-))
10/11/12
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Mercy Jimenez
Added back TEX shares @23.38 -- $1.14 cheaper than bloc sold 2 days ago; this one is always jumpy at the open; Long core holding of TEX.
10/9/12
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Mercy Jimenez
Trimmed some gains on TEX @ $24.52; fast + furious 9% gain in 2 days= BOTs will smell blood; will add more on dips -- really like this one.
10/5/12
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LATEST REPLIES

Stone Fox Capital
Blowout numbers from $URI. .82 vs. .59 estimate. Equip rental market remains very robust. Bullish for $TEX, $MTW.
1/25/12
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Maria Auziliadora: TEX reports today!!
2/15/12
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