|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||24.58 - 25.41|
|52 Week Range||11.54 - 31.28|
|Beta (5Y Monthly)||1.59|
|PE Ratio (TTM)||149.64|
|Earnings Date||Oct 27, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 05, 2020|
|1y Target Est||21.38|
Terex (TEX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Terex Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's assessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers, which was followed by a rating committee.
Moody's Investors Service ("Moody's") affirmed Terex Corporation's ("Terex") corporate family rating ("CFR") at B1, probability of default rating at B1-PD, and senior secured rating at Ba2, downgraded the senior unsecured notes to B3 from B2, and upgraded the company's speculative grade liquidity rating to SGL-2 from SGL-3. Moody's is also withdrawing the debt rating and outlook at Terex International Financial Services Co. The multicurrency senior secured bank credit facility that was at this entity has been assigned a Ba2 at Terex Corporation. The change to a negative outlook considers the particularly challenging market conditions for Terex's products and services which is likely to be weak for some time, partially mitigated by the actions the company has taken to reduce its cost structure and improve liquidity.