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See what the IHS Markit Score report has to say about Terex Corp.

IHS Markit

Terex Corp

NYSE:TEX

Score: Negative (21)

1 day at current score.

Downgraded from Neutral on November 8th 2017

View full report here!

Summary


  • This company ranked positively in 3 out of 4 IHS Markit Categories but negatively compared to the Industrials sector
  • Perception of the company's creditworthiness is positive
  • ETFs holding this stock are seeing positive inflows
  • Bearish sentiment is moderate and increasing
  • Economic output in this company's sector is expanding


Bearish sentiment

Short interest | Neutral

Short interest is moderate for TEX with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on November 6.

Money flow

ETF/Index ownership | Positive

ETF activity is positive. Over the last month, ETFs holding TEX are favorable, with net inflows of $3.60 billion. Additionally, the rate of inflows is increasing.

Economic sentiment

PMI by IHS Markit | Positive

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is strong relative to the trend shown over the past year.

Credit worthiness

Credit default swap | Positive

The current level displays a positive indicator. TEX credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.

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