TEX

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UBS Downgrades U.S. Machinery Stocks: Analyst Steven Fisher downgraded all U.S. machinery stocks to a sell rating, citing further downside potential due to macroeconomic headwinds and the impact of tariffs, with major companies like Caterpillar, Cummins, and Paccar experiencing significant declines.

Negative Outlook for Earnings and Demand: Fisher expressed concerns that the current stock prices reflect too much optimism, predicting continued deterioration in demand across various sectors, including construction and industrial activities, as well as increased costs that may inhibit consumer demand.

U.S. Steel and Automakers: U.S. Steel shares rose nearly 9% following President Trump's review of a proposed takeover, while automakers like Stellantis and Ford saw declines due to concerns over tariff policies and a lack of deals.

Market Reactions: Major banks and Apple experienced stock drops amid recession fears and tariffs on China, while Dollar Tree gained 6% after an upgrade; Bitcoin-related stocks also struggled as the cryptocurrency market faced downturns.

Fastest News Alerts: Benzinga Pro offers real-time intelligence and alerts for traders to stay updated on stock market movements.

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Dividend Predictability: Dividend amounts are often unpredictable and fluctuate with a company's profitability, as illustrated by Terex Corp.'s historical dividend performance.

Investment Insight: The article suggests evaluating Terex's dividend history to assess the likelihood of maintaining a 2% annual yield, while also hinting at other dividend stocks that may be worth considering.

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ETF Analyst Target Prices: The JPMorgan BetaBuilders US Mid Cap Equity ETF (BBMC) has an implied analyst target price of $114.60, indicating a potential upside of 24.34% from its current trading price of $92.17.

Notable Holdings with Upside Potential: Key underlying holdings such as BlackLine Inc, Terex Corp., and Tempus AI Inc show significant upside potential based on analyst targets, with expected increases ranging from approximately 28.78% to 31.76%.

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Citi's Price Target Adjustment: Citi has lowered its price target for Terex (TEX) from $48 to $45 while maintaining a Neutral rating, citing issues with EBITDA estimates due to double-counting amortization related to an ESG deal.

Market Context: Other firms have also adjusted their price targets for Terex, with Barclays lowering it from $60 to $52, indicating ongoing concerns about the company's financial health amid rising international tariffs.

Dividend Stocks Near 52-Week Lows: Several dividend stocks are trading close to their 52-week lows and are approaching their ex-dividend dates this week, making them potential investment opportunities for dividend payouts.

List of Stocks: The article lists ten specific stocks (TROX, BORR, ULH, UFPI, MLM, PVH, SSTK, BHP, TEX, TFX) that investors can consider buying before the ex-dividend dates to qualify for upcoming dividends.

BofA's Price Target Update: Bank of America raised Oshkosh's price target to $110 from $95 while maintaining an Underperform rating, reflecting a cautious outlook amidst a challenging construction environment.

Investment Insights: The firm favors rental operators over suppliers but notes that Oshkosh's non-access exposure offers more stability and visibility in the current market conditions.

Analyst Rating Update: Barclays analyst Adam Seiden has reduced the price target for Terex (TEX) from $60 to $52 while maintaining an Equal Weight rating, citing challenges in the machinery market and a quick mean reversion in Terex's business performance.

Investment Insights: TipRanks offers tools like Smart Score to help investors make informed decisions by tracking stock performance and comparing it with recommendations from top Wall Street analysts.

Analyst Rating and Performance: Jamie Cook from Truist Financial has maintained a Buy rating on Terex (TEX) with a price target of $58.00, while the company's shares closed at $46.52. Cook is a 5-star analyst with a 66.60% success rate.

Financial Results and Insider Activity: Terex reported quarterly revenue of $1.21 billion and a net profit of $88 million, down from last year's figures. Insider sentiment remains neutral, with a recent purchase of 20,000 shares by Director David Sachs.

Dividend Announcement: Terex Corporation's Board of Directors declared a quarterly dividend of $0.17 per share, scheduled for payment on March 19, 2025, to stockholders recorded by March 7, 2025.

Company Overview: Terex Corporation is a global manufacturer of industrial equipment, focusing on materials processing, waste and recycling solutions, and mobile elevating work platforms, with an emphasis on environmentally friendly products and services.

Conference Call Announcement: Terex Corp. will hold a conference call on February 6, 2025, at 8:30 AM ET to discuss its Q4 24 earnings results.

Webcast Access Information: Interested parties can access the live webcast through Terex's investor relations website.

Earnings Guidance for 2025: Terex Corp. has projected earnings between $4.70 and $5.10 per share, with revenues expected to be between $5.3 billion and $5.5 billion for the fiscal year 2025.

Analyst Expectations: Analysts anticipate an average earnings report of $5.15 per share and revenues of $5.39 billion, excluding special items.

Earnings Performance: Terex Corp. reported a loss of $2 million in Q4, down from a profit of $128 million the previous year, with an EPS of -$0.03 compared to $1.88 last year; adjusted earnings were $52 million or $0.77 per share.

Revenue Comparison: The company's revenue increased slightly to $1.241 billion in Q4, up from $1.223 billion in the same quarter last year, surpassing analysts' projections of $0.75 per share.

Financial Performance: Terex Corporation reported full-year 2024 sales of $5.1 billion with operating margins of 10.3% and adjusted earnings per share of $6.11, reflecting a slight decline from the previous year due to industry-wide channel adjustments, despite strong contributions from its Environmental Solutions Group in Q4.

2025 Outlook: The company anticipates net sales between $5.3 billion and $5.5 billion for 2025, with expected earnings per share ranging from $4.70 to $5.10, while continuing to focus on integrating ESG and improving operational efficiencies.

Insider Buying Insight: The article highlights companies with recent insider buying, emphasizing that such purchases often indicate confidence in the company's future performance. Terex Corp. (TEX) is noted for a significant investment by Director David A. Sachs, who bought $995,000 worth of shares.

Dividend and Valuation Metrics: Terex Corp. is recognized for its attractive valuation and strong profitability metrics, alongside a solid dividend history, making it an appealing option for value-focused dividend investors.

Caterpillar's Financial Performance: Caterpillar Inc. reported an 8% decline in shares following a disappointing fourth quarter of 2024, with year-over-year revenue and earnings declines attributed to lower volumes across segments. Despite this, the company achieved a 3% increase in annual earnings for 2024 but anticipates slightly lower revenues for 2025.

Market Challenges and Opportunities: The company faces challenges from weak demand in China, prolonged contraction in the U.S. manufacturing sector, and tariff concerns; however, it is positioned to benefit from infrastructure spending and energy transition trends, supported by a solid cash position and a focus on growing service revenues.