|Bid||27.00 x 1400|
|Ask||0.00 x 800|
|Day's Range||28.42 - 29.30|
|52 Week Range||25.47 - 45.47|
|Beta (3Y Monthly)||1.80|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 29, 2019 - Aug 2, 2019|
|Forward Dividend & Yield||0.44 (1.32%)|
|1y Target Est||37.00|
WESTPORT, Conn., May 15, 2019 -- Terex Corporation (NYSE:TEX) today announced that its Board of Directors declared a quarterly dividend of $0.11 per share. The dividend is to.
Thanks to President Donald Trump and his kamikaze trade plan, the number of great stocks to buy that lost 10% last week went way up. Some of them will probably lose more of their 2019 gains in the weeks ahead. What we do know is that the markets are petrified of a protracted trade war between the U.S. and China. According to CNBC, the S&P 500 lost $1.1 trillion in market value between May 5 and May 13, in part due to the president's combative tweets suggesting he would raise tariffs on $325 billion in Chinese imports after already raising the tariff on $200 billion worth of Chinese goods from 10% to 25%. InvestorPlace - Stock Market News, Stock Advice & Trading TipsHow bad has it gotten?On May 13, the S&P 500 and Dow Jones both lost 2.4% of their value on the day, the worst one-day return since January 3. "The escalation of trade tensions is likely to weigh on risk assets quite meaningfully in the next few weeks and months because the year-to-date rally was built on two premises: no escalation of trade tensions, and global policy easing," said Alessio de Longis, the portfolio manager for the global multiasset group at OppenheimerFunds. "One of these pillars has been taken away, and that's even more important because we are also dealing with the negative underlying force of deteriorating economic data."Buying stocks just got even tougher if you believe that U.S. consumers are going to pay the price of a trade plan that's hell-bent on bringing the Chinese to their knees. * 10 Retirement Stocks That Won't Wilt in a Bear Market I have news for President Trump. It isn't going to happen. That said, here are seven stocks to buy that lost 10% or more during the week of May 6-10, that should rebound in the weeks ahead. Stocks to Buy: Wolverine World Wide (WWW)Source: Brubastos via Flickr (modified)Wolverine World Wide (NYSE:WWW), the Michigan-based maker of footwear brands such as Sperry, Keds, Hush Puppies, Saucony and many more, lost 16.4% during the week of May 6-10, erasing all of its gains for 2019. Down 9% year to date, WWW set a new 52-week low on Monday. Why such a downturn?Well, from everything I've read, except for weakness in its Sperry brand, the company's first-quarter results were more than adequate, with adjusted earnings per share of 49 cents, two cents higher than the analyst consensus, with revenues of $523.4 million, slightly lower than analyst expectations of $533 million. "Four of our top-five brands delivered revenue above plan during the quarter, including Merrell and Saucony, and our owned e-commerce business continued to be robust, growing 28% over the prior year," said Blake Krueger, Wolverine's CEO.With Wolverine expecting to generate adjusted earnings per share of at least $2.25 a share in 2019 combined with a 25% increase in the quarterly dividend, WWW is probably one of the best options of stocks that lost 10% or more last week. Gates Industrial (GTES)Source: Shutterstock Gates Industrial (NYSE:GTES), a manufacturer of power transmission and fluid power systems, lost 17.3% during the week of May 6-10. It is now down 3% year to date through May 13. Gates lost all of its momentum in 2019 by announcing Q1 2019 earnings May 7 that saw it miss on both the top and bottom line. Analysts were expecting earnings per share of 29 cents. It delivered a penny short. In terms of revenues, Gates had first-quarter sales of $804.9 million, 3.4% shy of the consensus estimate and 5.5% less than a year earlier. Analysts expect it to earn 36 cents on $884.20 million in revenue in the second quarter and $1.30 EPS and $3.42 billion in sales for the entire fiscal 2019. * 6 Trade War Stocks With a Lot of Risk With the 17.3% drop, GTES stock is now trading at 10 times its 2019 earnings, significantly lower than the S&P 500. Although I wouldn't bet nearly as much on Gates as I would Wolverine World Wide, I still see last week's significant decline as a buying opportunity. Magna International (MGA)Source: David Villareal Fernandez via Flickr (Modified)Auto parts manufacturer Magna International (NYSE:MGA) reported its first-quarter earnings results May 9 before the markets opened. Unfortunately for Magna shareholders, it reported revenues of $10.59 billion, 1.8% lower than a year earlier. On the bottom line, its earnings per share of $1.63, eight cents or 4.7% shy of analyst expectations and 21 cents lower than a year earlier. To make matters worse, Magna provided lower guidance for the rest of the year. It now expects a profit of between $1.9 billion and $2.1 billion in 2019, $200 million less at both the low and high ends of its earlier projection for the year. The lower guidance is the result of its change in its forecast for vehicle production in both North America and Europe. As a result of the bad news, Magna stock lost 13.6% on the week. Like the first two stocks, last week's losses have erased most of the company's 2019 gains. Despite the company's challenges in a very difficult production environment, CFO Vince Galifi stated that Magna should generate as much as $2 billion in free cash flow in 2019, higher than in 2018. Based on a current market cap of $14.8 billion, we're talking about a free cash flow yield of 13.7%, providing value investors with a very attractive stock to buy. Terex (TEX)Source: Shutterstock Terex (NYSE:TEX), a maker of lift and material processing machinery, wasn't a great investment over the past decade, delivering an annualized total return of 8.2%, almost half the return generated by the S&P 500. Last week, Terex stock lost 10.7% of its value, putting TEX stock down 28% over the past 52 weeks. Year to date, however, it's still up 8% despite the double-digit losses.Terex's business is doing a lot better than its share price would indicate. In Q1 2019, the company's revenues grew by 6% excluding currency to $1.1 billion. Meanwhile, its adjusted earnings per share were 87 cents, 53% higher than the consensus estimate. So, it beats on both revenues and profits and its stock drops by 10%. Blame that on President Trump. * 7 Dividend Stocks to Buy as the Trade War Reignites However, Terex's work to simplify its business appears to be paying off. In 2019, it expects revenues of $4.7 billion and earnings per share of $3.90-$4.20 a share; a forward P/E of 7.5. By exiting the mobile crane business, Terex's operating profits should move closer to double digits in 2019. Barring a recession in the next couple of years, Terex's earnings will continue to gather steam in the quarters ahead. ANGI Homeservices (ANGI)Source: Shutterstock ANGI Homeservices (NASDAQ:ANGI), the people behind Angie's List, HomeAdvisor, and several other home-related services, announced its Q1 2019 results May 8. While ANGI stock dropped 13.5% last week on the news, the results themselves were pretty good. On the top-line, revenues grew 19% during the quarter to $303.4 million. On the bottom line, it made money on a GAAP basis, generating $10 million in profits or 2 cents a share, while its operating loss dropped 66% year over year from $10.8 million to $3.6 million. So, even though it went from a net loss to a net profit in the first quarter, the fact that it missed the revenue estimate of $306.6 million by just $3.2 million says to me that investors severely overreacted to the miss providing investors with an excellent opportunity to buy on the dip. Furthermore, the company's HomeAdvisor and Handy businesses saw revenues increase by 33% during the quarter thanks to a 15% increase in service requests, a 14% increase in the number of paying service professionals, and a 16% increase in revenue per paying professional. If the company keeps pushing the first two numbers higher, you can bet the third number will also grow. For the entire 2019, it expects operating income of at least $105 million, and it also should generate positive free cash flow. Expect good things from ANGI in the second half of 2019 and into 2020. Focus Financial Partners (FOCS)Source: Shutterstock Focus Financial Partners (NASDAQ:FOCS) loss of 12.1% last week is more about investors taking profits than running for the exits. At least that's the case if you're talking about its performance in 2019.However, while it's up 27% year to date, it's flat to its July 2018 IPO price of $33. Focus went public below its pre-IPO marketing range of $35-$39. Often that means that investors are underwhelmed by the offering sending the share price lower. The reality is that Focus participates in an extremely competitive marketplace. The company admits this very fact in its 10-K:"The wealth management industry is very competitive, with competition based on a variety of factors, including the ability to attract and retain key wealth management professionals, investment performance, wealth management fee rates, the quality of services provided to clients, the depth and continuity of client relationships, adherence to the fiduciary standard and reputation."Focus's primary strength is acquiring and integrating wealth management advisory firms. In the past two years, it has made no less than 50 acquisitions, and 160 since its founding in 2006. With more than 5,000 potential targets in the U.S., Focus has plenty of work to do over the next 3-5 years to grow its business. * 7 Cloud Stocks to Buy on Overcast Days In the fourth quarter, Focus' organic growth was 7.7%, less than half its growth in Q4 2017. However, much of the decline was due to a market correction in December. That said, Investors should keep an eye on organic revenue because acquisitions can only hide slower growth for so long. Companhia Brasileira De Distribuicao (CBD)Source: Shutterstock Companhia Brasileira De Distribuicao (NYSE:CBD), Brazil's largest retail and distribution group, is more commonly known as GPA. It owns convenience stores, gas stations, supermarkets, furniture stores, retail malls, wholesale cash & carry, electronics, etc. In fiscal 2018, GPA had total revenue of $12.7 billion and $553 million in operating profits. Over the past four years, it's grown sales by 42% and operating profits by 17%. In Q1 2019, sales increased by 12% while adjusted EBITDA rose by 18%. Like most grocery retailers, it makes a little from a lot. Its net margin in the first quarter was 1.4%, 40 basis points higher than a year earlier. Controlled by Groupe Casino, who owns 37% of its stock, it is Assai, the company's cash & carry business that intrigues. The second-largest cash & carry business in Brazil, it accounts for almost half of GPA's food business. Overall, GPA has a 15% market share in the Brazilian retail food industry. While not everyone is going to want to own Latin American businesses, a little research will demonstrate that its stock's got staying power. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post 7 Stocks to Buy that Lost 10% Last Week appeared first on InvestorPlace.
Stanley Black & Decker's (SWK) strong foothold in emerging markets and efforts to innovate new products will drive revenues. Rising cost of sales and foreign currency woes are concerns.
The Westport, Connecticut-based company said it had a loss of 93 cents per share. Earnings, adjusted to account for discontinued operations and pretax expenses, were 87 cents per share. The results exceeded ...
• Q1 Earnings per Share $0.79, $0.87 as adjusted• Increased Sales 2%, up 6% excluding the impact of FX• Backlog up 2%, up 6% excluding the impact of FX• Expect full year EPS.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! We've lost count of how many times insiders have accumulated shares in a company that goes on to improve...
Amid an overall market correction, many stocks that smart money investors were collectively bullish on tanked during the fourth quarter. Among them, Amazon and Netflix ranked among the top 30 picks and both lost more than 25%. Facebook, which was the second most popular stock, lost 20% amid uncertainty regarding the interest rates and tech […]
Solid order backlog, impressive global markets growth and focus on Execute to Win strategy likely to aid Terex Corporation's (TEX) first-quarter results.
WESTPORT, Conn., April 24, 2019 -- Terex Corporation (NYSE: TEX) today announced that it has sold its boom truck, truck crane and crossover product lines to Load King, a.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Terex (TEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
U.S. equities are pushing higher on Thursday in part thanks to some very solid manufacturing activity data out of China earlier in the week. Not only did Q1 GDP growth hold at 6.4%, but factory activity picked up nicely after months of stagnation thanks in part to stimulus efforts out of Beijing.Overall, industrial production increased by 8.5% in March from the year earlier. Retail sales were strong as well. * 10 Best Stocks to Buy and Hold Forever All of this, along with ongoing hints of a looming U.S.-China trade agreement, is bolstering expectations that the multi-year slump in Chinese prospects is about to end. Thus, China-focused U.S stocks, especially in the industrial and heavy equipment areas, are perking up nicely. Here are four stocks to buy that are on the move:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Caterpillar (CAT) Click to EnlargeCaterpillar (NYSE:CAT) shares are pushing up and away from prior resistance at the late February highs to return to levels not seen since early October. This extends away from the 50-day moving average, which has crossed above the 200-day average for the first time since last summer.The company will next report results on April 24 before the bell. Analysts are looking for earnings of $2.95 per share on revenues of $13.4 billion. When the company last reported on Jan. 28, earnings of $2.55 missed estimates by 44 cents on an 11.2% rise in revenues. Deere (DE) Click to EnlargeShares of tractor maker Deere (NYSE:DE) are punching up and out of a four-month consolidation range with a test of the $170-a-share level, a high that was first established back in early 2018. A breakout here would result in an extension to new record highs. * 7 Consumer Stocks to Buy and Hold for Years The company will next report results on May 17 before the bell. Analysts are looking for earnings of $3.57 per share on revenues of $10.2 billion. When the company last reported on Feb. 15, earnings of $1.54 per share missed estimates by 22 cents on a 16.2% rise in revenues. Terex (TEX) Click to EnlargeShares of Terex (NYSE:TEX), maker of heavy lifting and material handling equipment, are challenging their 200-day moving average and look set for the first sustained push above that level since a previous rally that peaked in January 2018. Management recently issued strong forward guidance, targeting annual revenue growth of 45%.The company will next report results on May 27. Analysts are looking for earnings of 61 cents per share on revenues of $1.1 billion. When the company last reported on Feb. 25, earnings of 51 cents per share beat estimates by 4 cents on a 15.9% rise in revenues. CNH Industrial (CNHI) Click to EnlargeShares of CNH Industrial (NYSE:CNHI), the Dutch maker of agricultural and construction equipment, look set to break up and out of a three-month consolidation range as CNHI's 50-day moving average is just beginning to cross up and over its 200-day average. This is the first such "golden cross" since 2016, so value buyers have been waiting a while to get back into this name. * 7 Reasons the Stock Market Rally Isn't Over Yet The company will next report results on May 7 before the bell. Analysts are looking for earnings of 15 cents per share on revenues of $6.7 billion. When the company last reported on Feb. 7, earnings of 21 cents per share beat estimates by 6 cents on a 0.3% drop in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post 4 Stocks Surging on China's Turnaround appeared first on InvestorPlace.
United Rentals Rose ~7%, Q1 Earnings Beat Estimates(Continued from Prior Part)Revenue outlookUnited Rentals (URI) expects its strong business momentum to continue in 2019. The company reaffirmed its forecast for 2019. The company expects revenues
WESTPORT, Conn., April 18, 2019 -- Terex Corporation (NYSE:TEX) will host a one hour conference call to review its first quarter 2019 financial results on Wednesday, May 1,.
Agco (AGCO) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
United Rentals: Slower Earnings Growth in Q1?(Continued from Prior Part)Bullish recommendation United Rentals (URI) received a consensus rating of ~2 and a consensus “buy” recommendation from the analysts polled by Reuters. Approximately 65% of
Investors can buy low cost index fund if they want to receive the average market return. But if you invest in individual stocks, some are likely to underperform. That's what has happened with the Terex Corporation (NYSE...