With 1.13 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.14 million shares. The 52-week range on TEX shows that it touched its highest point at $68.08 and its lowest point at $31.53 during that stretch. It currently has a 1-year price target of $42.95. With its current market cap of 2.59 billion, TEX has annualized dividend of $0.68 while the current yield stands at 1.72%. Beta for the stock currently stands at 1.54.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TEX was up-trending over the past week, with a rise of 10.95%, but this was up by 15.59% over a month. Three-month performance dropped to -16.59% while six-month performance fell -23.59%. The stock lost -31.24% in the past year, while it has lost -14.52% so far this year. A look at the trailing 12-month EPS for TEX yields 3.67 with Next year EPS estimates of 5.36. For the next quarter, that number is 1.51. This implies an EPS growth rate of -26.50% for this year and 19.32% for next year. EPS is expected to grow by 0.58% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 45.64%.
Float and Shares Shorts:
At present, 65.50 million TEX shares are outstanding with a float of 63.64 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TEX since 6 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.18662 being high and $5.87877 being low. For TEX, this leads to a yearly average estimate of $6.04759.
