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Terex Corp (TEX) Files 10-K for the Fiscal Year Ended on December 31, 2017

- By insider

Terex Corp (TEX) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Terex Corp is a global manufacturer of a wide variety of construction and materials processing equipment such as cranes, aerial work platforms, and rock crushers. Terex Corp has a market cap of $3.45 billion; its shares were traded at around $41.03 with and P/S ratio of 0.88. The dividend yield of Terex Corp stocks is 0.78%.


For the last quarter Terex Corp reported a revenue of $1.1 billion, compared with the revenue of $974.7 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $4.4 billion, a decrease of 1.8% from the previous year. For the last five years Terex Corp had an average revenue decline of 10.4% a year.

The reported diluted earnings per share was $1.36 for the year, an increase of -183.4% from previous year. The Terex Corp had an operating margin of 3.98%, compared with the operating margin of -3.33% a year before. The 10-year historical median operating margin of Terex Corp is 3.07%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Terex Corp has the cash and cash equivalents of $626.5 million, compared with $428.5 million in the previous year. The long term debt was $979.6 million, compared with $1.6 billion in the previous year. The interest coverage to the debt is 2.6, which is not a favorable level. Terex Corp has a financial strength rank of 6 (out of 10).

At the current stock price of $41.03, Terex Corp is traded at 54.5% premium to its historical median P/S valuation band of $26.56. The P/S ratio of the stock is 0.88, while the historical median P/S ratio is 0.57. The stock gained 33.46% during the past 12 months.

CFO Recent Trades:

  • Senior Vice President, CFO John D Sheehan bought 292 shares of TEX stock on 02/08/2018 at the average price of $42.84. The price of the stock has decreased by 4.23% since.

Directors and Officers Recent Trades:

  • SVP Finance, Bus Development Brian J Henry bought 54 shares of TEX stock on 02/09/2018 at the average price of $42.35. The price of the stock has decreased by 3.12% since.
  • Senior V. P. Human Resources Kevin A Barr bought 5 shares of TEX stock on 02/09/2018 at the average price of $42.35. The price of the stock has decreased by 3.12% since.
  • Senior V.P., Secy. Gen Counsel Eric I Cohen sold 10,121 shares of TEX stock on 01/25/2018 at the average price of $49.9. The price of the stock has decreased by 17.78% since.

For the complete 20-year historical financial data of TEX, click here.

This article first appeared on GuruFocus.