Latest news with #Terex
Yahoo
27-05-2025
- Business
- Yahoo
Bark, Matthews, Terex, Alta, and Montrose Stocks Trade Up, What You Need To Know
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +2.0%, S&P 500 +1.5%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025. Companies with substantial business ties to Europe likely had some relief as the delay reduced near-term cost pressures and preserved cross-border demand. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Toys and Electronics company Bark (NYSE:BARK) jumped 7.4%. Is now the time to buy Bark? Access our full analysis report here, it's free. Specialized Consumer Services company Matthews (NASDAQ:MATW) jumped 5.7%. Is now the time to buy Matthews? Access our full analysis report here, it's free. Construction Machinery company Terex (NYSE:TEX) jumped 5.6%. Is now the time to buy Terex? Access our full analysis report here, it's free. Specialty Equipment Distributors company Alta (NYSE:ALTG) jumped 6.6%. Is now the time to buy Alta? Access our full analysis report here, it's free. Waste Management company Montrose (NYSE:MEG) jumped 5.5%. Is now the time to buy Montrose? Access our full analysis report here, it's free. Bark's shares are extremely volatile and have had 43 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 12 months ago when the stock dropped 20.4% on the news that the company reported weak first-quarter 2024 results and provided weak guidance. Specifically, revenue and adjusted EBITDA guidance for the upcoming quarter and the full year came in below expectations. Revenue was also underwhelming during the quarter, down 3.6% year on year. The weakness was attributed to "fewer total orders in the most recent period, largely related to the Company carrying fewer BarkBox and Super Chewer subscriptions into the quarter." The weakness mostly affected the Direct to Consumer (DTC) segment. On the other hand, Commerce revenue rose 20.9% year-over-year. Overall, this was a weaker quarter for BARK. Bark is down 31.2% since the beginning of the year, and at $1.30 per share, it is trading 45.8% below its 52-week high of $2.40 from December 2024. Investors who bought $1,000 worth of Bark's shares at the IPO in December 2020 would now be looking at an investment worth $104.84. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
Yahoo
27-05-2025
- Business
- Yahoo
Bark, Matthews, Terex, Alta, and Montrose Stocks Trade Up, What You Need To Know
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +2.0%, S&P 500 +1.5%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025. Companies with substantial business ties to Europe likely had some relief as the delay reduced near-term cost pressures and preserved cross-border demand. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Toys and Electronics company Bark (NYSE:BARK) jumped 7.4%. Is now the time to buy Bark? Access our full analysis report here, it's free. Specialized Consumer Services company Matthews (NASDAQ:MATW) jumped 5.7%. Is now the time to buy Matthews? Access our full analysis report here, it's free. Construction Machinery company Terex (NYSE:TEX) jumped 5.6%. Is now the time to buy Terex? Access our full analysis report here, it's free. Specialty Equipment Distributors company Alta (NYSE:ALTG) jumped 6.6%. Is now the time to buy Alta? Access our full analysis report here, it's free. Waste Management company Montrose (NYSE:MEG) jumped 5.5%. Is now the time to buy Montrose? Access our full analysis report here, it's free. Bark's shares are extremely volatile and have had 43 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 12 months ago when the stock dropped 20.4% on the news that the company reported weak first-quarter 2024 results and provided weak guidance. Specifically, revenue and adjusted EBITDA guidance for the upcoming quarter and the full year came in below expectations. Revenue was also underwhelming during the quarter, down 3.6% year on year. The weakness was attributed to "fewer total orders in the most recent period, largely related to the Company carrying fewer BarkBox and Super Chewer subscriptions into the quarter." The weakness mostly affected the Direct to Consumer (DTC) segment. On the other hand, Commerce revenue rose 20.9% year-over-year. Overall, this was a weaker quarter for BARK. Bark is down 31.2% since the beginning of the year, and at $1.30 per share, it is trading 45.8% below its 52-week high of $2.40 from December 2024. Investors who bought $1,000 worth of Bark's shares at the IPO in December 2020 would now be looking at an investment worth $104.84. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-05-2025
- Business
- Yahoo
Terex (NYSE:TEX) Is Paying Out A Dividend Of $0.17
Terex Corporation (NYSE:TEX) has announced that it will pay a dividend of $0.17 per share on the 20th of June. Based on this payment, the dividend yield will be 1.4%, which is fairly typical for the industry. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Unless the payments are sustainable, the dividend yield doesn't mean too much. However, Terex's earnings easily cover the dividend. As a result, a large proportion of what it earned was being reinvested back into the business. Over the next year, EPS is forecast to expand by 57.4%. If the dividend continues along recent trends, we estimate the payout ratio will be 13%, which is in the range that makes us comfortable with the sustainability of the dividend. Check out our latest analysis for Terex While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. The annual payment during the last 10 years was $0.20 in 2015, and the most recent fiscal year payment was $0.68. This works out to be a compound annual growth rate (CAGR) of approximately 13% a year over that time. Despite the rapid growth in the dividend over the past number of years, we have seen the payments go down the past as well, so that makes us cautious. Growing earnings per share could be a mitigating factor when considering the past fluctuations in the dividend. We are encouraged to see that Terex has grown earnings per share at 16% per year over the past five years. Terex definitely has the potential to grow its dividend in the future with earnings on an uptrend and a low payout ratio. Overall, we like to see the dividend staying consistent, and we think Terex might even raise payments in the future. Earnings are easily covering distributions, and the company is generating plenty of cash. Taking this all into consideration, this looks like it could be a good dividend opportunity. Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. However, there are other things to consider for investors when analysing stock performance. To that end, Terex has 2 warning signs (and 1 which is potentially serious) we think you should know about. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
TEX Q1 Earnings Call: Environmental Solutions Segment Drives Guidance Amid Tariff Headwinds
Lifting and material handling equipment company Terex (NYSE:TEX) fell short of the market's revenue expectations in Q1 CY2025, with sales falling 4.9% year on year to $1.23 billion. On the other hand, the company's full-year revenue guidance of $5.4 billion at the midpoint came in 2.2% above analysts' estimates. Its GAAP profit of $0.31 per share was 28.8% below analysts' consensus estimates. Is now the time to buy TEX? Find out in our full research report (it's free). Revenue: $1.23 billion vs analyst estimates of $1.25 billion (4.9% year-on-year decline, 1.3% miss) EPS (GAAP): $0.31 vs analyst expectations of $0.44 (28.8% miss) Adjusted EBITDA: $128 million vs analyst estimates of $110.4 million (10.4% margin, 15.9% beat) The company reconfirmed its revenue guidance for the full year of $5.4 billion at the midpoint EPS (GAAP) guidance for the full year is $4.90 at the midpoint, beating analyst estimates by 15.8% EBITDA guidance for the full year is $660 million at the midpoint, above analyst estimates of $628.7 million Operating Margin: 5.6%, down from 12.2% in the same quarter last year Free Cash Flow was -$57 million compared to -$68.9 million in the same quarter last year Organic Revenue fell 18.7% year on year (4.4% in the same quarter last year) Market Capitalization: $3.08 billion Terex's first quarter results were shaped by a combination of operational adjustments and ongoing market uncertainty. Management cited the impact of production cuts in its Aerials and Materials Processing (MP) segments, which were implemented to manage inventory and rebalance supply with demand. CEO Simon Meester highlighted that these actions impacted margins during the quarter but are now largely behind the company, with expectations for improvement in subsequent periods. The Environmental Solutions (ES) segment, particularly the recently integrated ESG business, delivered notable performance, accounting for a third of global sales and achieving high operating margins. Looking ahead, the company's forward guidance is influenced by its ability to mitigate tariff-related cost pressures, leverage its U.S.-centric manufacturing footprint, and realize operational synergies from the ESG acquisition. Management reaffirmed its revenue and earnings outlook for the year, pointing to strong backlog, ongoing cost controls, and a cautious approach to external uncertainties such as tariffs and macroeconomic volatility. CFO Jennifer Kong emphasized the expectation for improved free cash flow and operating margins as the year progresses, supported by continued integration benefits and operational efficiency gains. Management's commentary focused on the operational levers and market dynamics affecting segment performance, as well as the progress of integration efforts within Environmental Solutions. Key drivers of the quarter's financial performance included shifts in production, cost mitigation strategies, and evolving demand patterns across end markets. Production Cuts and Inventory Rebalancing: The Aerials and MP segments experienced reduced production volumes to align inventory with current demand, leading to under-absorption of fixed costs and temporary margin pressure. Management expects these effects to diminish, supporting margin recovery in future quarters. Environmental Solutions Outperformance: The ES segment, bolstered by the ESG acquisition, contributed about one-third of total sales and achieved a 19.4% operating margin. The segment benefited from record throughput and early realization of integration synergies, though management expects margins to moderate slightly in coming quarters. Tariff Mitigation Efforts: The company has been proactive in managing the impact of new tariffs by securing inventory early, adjusting its supply chain, and leveraging its U.S. manufacturing footprint. Approximately 75% of U.S. machine sales are sourced domestically, helping buffer the effect of trade policy shifts. End Market Shifts: Waste and recycling, infrastructure, and utilities now represent more than half of total revenue, making Terex less exposed to cyclical swings in general construction. Publicly funded infrastructure demand remains healthy, while private sector construction is described as cautious. Synergy Realization and Cost Controls: Integration of ESG is expected to deliver over $25 million in operational run-rate synergies by the end of 2026. The company also reported ongoing SG&A reductions and operational efficiency measures, which partially offset margin headwinds from volume declines. Management's outlook for the upcoming quarters is shaped by efforts to navigate tariff-related costs, realize integration benefits, and manage demand across resilient end markets. The company's ability to sustain margins and cash flow will depend on these ongoing initiatives. Tariff and Supply Chain Management: The company is focused on mitigating tariff impacts through supply chain adjustments, leveraging USMCA trade agreements, and maintaining price/cost neutrality. Management expects these actions to limit cost inflation's effect on margins. ESG Integration and Synergy Capture: Continued integration of the ESG acquisition is expected to drive operational synergies, particularly in Environmental Solutions. Management anticipates these benefits will support margin improvement and segment growth over the next 18 months. End Market Demand and Backlog: Stable demand in waste, recycling, infrastructure, and utilities is expected to underpin revenue, while cautious private construction and European uncertainty remain risks. A strong backlog in key segments supports management's confidence in the sales outlook. Jerry Revich (Goldman Sachs): Asked about the sustainability of ES segment margins; management attributed Q1's strong performance to record throughput and early synergies, but expects margins to moderate as one-off benefits fade and investments ramp up. Jamie Cook (Truist Securities): Inquired about the effect of tariffs and whether Terex's U.S. manufacturing provided a competitive advantage; management confirmed domestic production helps buffer tariff exposure, especially in Environmental Solutions and Aerials. David Raso (Evercore ISI): Sought clarity on sequential margin recovery in Aerials; management pointed to normalization of production volumes and reduced under-absorption as key drivers for expected return to double-digit margins in Q2. Mig Dobre (Baird): Questioned the impact of reciprocal tariffs on UK-sourced products in MP; management explained that mitigation strategies are in place, and pricing actions are considered based on segment exposure and competitive context. Angel Castillo (Morgan Stanley): Asked about drivers behind the improvement in MP backlog and whether it signals a bottom; management cited normalized dealer inventories and healthy North American fleet utilization, though uncertainty from tariffs remains a cautionary factor. In the coming quarters, the StockStory team will be monitoring (1) the pace of margin recovery in the Aerials and MP segments as production normalizes, (2) the realization of operational synergies and sustained performance in Environmental Solutions following the ESG integration, and (3) the company's effectiveness in mitigating tariff-related costs through supply chain and pricing actions. Additionally, the trajectory of backlog conversion and demand in key U.S. and international markets will serve as important indicators of execution. Terex currently trades at a forward P/E ratio of 9.6×. At this valuation, is it a buy or sell post earnings? Find out in our free research report. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.
Yahoo
05-05-2025
- Business
- Yahoo
Manitowoc (MTW) Reports Earnings Tomorrow: What To Expect
Crane and lifting equipment company Manitowoc (NYSE:MTW) will be reporting results tomorrow after market hours. Here's what to look for. Manitowoc met analysts' revenue expectations last quarter, reporting revenues of $596 million, flat year on year. It was a slower quarter for the company, with a significant miss of analysts' EPS and backlog estimates. Is Manitowoc a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Manitowoc's revenue to decline 2.6% year on year to $482 million, in line with the 2.6% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.09 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Manitowoc has missed Wall Street's revenue estimates five times over the last two years. Looking at Manitowoc's peers in the construction machinery segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Astec delivered year-on-year revenue growth of 6.5%, beating analysts' expectations by 2.8%, and Terex reported a revenue decline of 4.9%, falling short of estimates by 1.3%. Astec traded up 2.7% following the results. Read our full analysis of Astec's results here and Terex's results here. There has been positive sentiment among investors in the construction machinery segment, with share prices up 13% on average over the last month. Manitowoc is up 16.7% during the same time and is heading into earnings with an average analyst price target of $10.85 (compared to the current share price of $8.66). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Sign in to access your portfolio
