Terex Corp
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The Perfect Time to Get This Stock on Your Radar
By Neha Chamaria - May 21, 2013 | Tickers: AGCO, CAT, CNH, DE, TEX
Record quarterly numbers that easily trampled Street estimates should have ideally charged up the bulls. Instead, Deere’s (NYSE: DE) stock has lost about 7% since it announced results last week. The markets behaved as unpredictably in February when Deere’s stock was punished for another record quarter.
What is wrong with the market? Wasn't the cautious outlook expected? It doesn't even sound as murky as the market more »
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Build a Strong Portfolio with the Help of This Machinery.
By Robinson Roacho - May 16, 2013 | Tickers: CAT, DE, MTW, TEX
The machinery and tools sector has been in favor this year. However, mid-size companies such as Manitowoc Co. Inc, (NYSE: MTW) and Terex Corp. (NYSE: TEX) have outpaced machinery giants such as Caterpillar Inc. (NYSE: CAT) and Deere & Company (NYSE: DE). The market has rallied 16% YTD, and trades at all-time levels, while Caterpillar has declined 2% YTD, and DE has gained 4%. By delving into their quarterly earnings report more »
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It’s About Time You Started Taking This Stock Seriously
By Neha Chamaria - May 1, 2013 | Tickers: CAT, MTW, OSK, TEX
After a strong run for a month through the end of March, Terex’s (NYSE: TEX) stock had hit a point where I thought it may be time to take some profits off the table. Fools who paid heed must be a happy lot, as the stock has lost 17% since then.
A disappointing first-quarter earnings report last week ensured that the stock remains in the red. Yet Terex is more »
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Is the Market in Denial About This Stock?
By Neha Chamaria - April 23, 2013 | Tickers: CAT, MTW, MCD, TEX
I was checking out McDonald’s (NYSE: MCD) earnings report while munching some salad when I realized there’s nothing to write home about. Flattish top and bottom lines…nothing interesting. But Mickey D's lackluster earnings report almost instantly took my attention to another company that is set to report numbers next week. No, it's not another restaurant chain, but an equipment maker that is also a supplier more »
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Is The Game Over For This Stock?
By Neha Chamaria - March 26, 2013 | Tickers: CAT, DE, MTW, OSK, TEX
This stock has rallied more than 8% since the last time I wrote on it, even etching a new 52-week high for itself some days back. That last time wasn't that long ago though, just a month. I had a hunch then that this one could rocket. It did.
The reasons I laid down still hold good for Terex (NYSE: TEX). Does that mean the stock has just embarked more »
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Insiders Snapped up These Stocks
By Meena Krishnamsetty - March 8, 2013 | Tickers: EXAM, GILD, PEP, TEX, CAKE
It’s common for company insiders to talk up their company’s stock, but it’s less common for them to actually buy. This is because, in addition to the fact that rosy predictions are sometimes less than honest, by buying more stock an insider is increasing exposure to company-specific events rather than diversifying wealth, as is predicted by economic theory.
As a result, actual purchases should signal a particularly more »
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This Mining Equipment Stock Is Set to Rally
By Anindya Batabyal - March 7, 2013 | Tickers: CAT, JOY, TEX
Joy Global (NYSE: JOY) recently announced its quarterly results. The company reported $1.31 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $1.14 EPS by $0.17. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the prior year, the company posted $1.33 earnings per more »
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Can Terex Achieve $5 of Earnings in 2015?
By Mark Holder - February 26, 2013 | Tickers: CAT, DE, JOY, TEX
In the Q4 earnings release, Terex (NYSE: TEX) announced the goals of earning $5 in 2015. Considering the company just reported a year of achieving $1.83, the natural question is whether the company can legitimately grow earnings that fast over the next 3 years.
The company is a diversified global manufacturer of equipment focused on aerial work platforms, construction, cranes, material handling and port solutions, and materials processing.
With more »
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Why You Should Dip Your Fingers in This Sizzler
By Neha Chamaria - February 24, 2013 | Tickers: CAT, DE, MTW, OSK, TEX
It was a pleasant October day last year when I decided to make the most of my recharged research side of the brain. This company had just-released its quarterly report, and although it beat Street estimates, the numbers were far from good. Over a tea (I am not much of a coffee girl) conversation, my colleague felt there were much better companies to bet on than this one. Not convinced more »
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Manitowoc is a Good Buy in 2013
By Anh HOANG - February 22, 2013 | Tickers: ITW, MTW, MIDD, TEX
Jim Cramer predicted that Manitowoc (NYSE: MTW) could split into two businesses to unlock its hidden potential value. He thought that if the company did so, its shares could reach $24, a 23% increase over its current trading price. Since the middle of 2012, Manitowoc’s share price has increased significantly, from $10 to $19.50. Let’s look closely to see whether or not we should buy Manitowoc now more »
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Companies that Outperform Judgment
By Josef Ray Dagatan - February 19, 2013 | Tickers: FSS, OSK, TEX
With the construction industry regaining its health and helping create demand for its downstream and upstream businesses, Oshkosh Corporation (NYSE: OSK) has certainly had a good start this year. Finally, this global leader in access equipment and other specialty vehicles is on the mend after shares hit rock bottom amid the campaign of its major shareholder Carl Icahn to gain control of the company last year.
In December the 76-year-old more »
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Mining For Profits: Is This Leading Manufacturer The Best Bet?
By Matthew Frankel - February 19, 2013 | Tickers: CAT, JOY, KMTUY, TEX
Joy Global’s (NYSE: JOY) shareholders have not done particularly well over the last few years. This leading maker of mining equipment has been hit with reduced demand for its products, primarily driven by the reduced usage of coal due to cheap natural gas, as well as the generally uncertain global economy. As a result, shares are off about 40% from their peak of $103 in 2011. With Q1 2013 more »
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If You’re Still Chasing This Stock, Do So at Your Own Risk
By Neha Chamaria - February 19, 2013 | Tickers: CAT, DE, ITW, MTW, TEX
This stock has been on a tear. After putting on a massive 61% last year, it still has the spring on its feet alive. Manitowoc (NYSE: MTW) has already gained 17% this year. The crane maker’s stock outperformed most peers in the past twelve months, including bellwether Caterpillar (NYSE: CAT) by a gaping margin.
I just have one question: Why is this stock rallying? Just why? A lot of more »
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Why This Stock’s Recent Dip Should Excite You
By Neha Chamaria - February 18, 2013 | Tickers: AGCO, CAT, DE, MTW, TEX
Alexander Pope’s words ring loud in my ears – “Blessed is he who expects nothing, for he shall never be disappointed.”
The poet’s works have found a considerable space for themselves on my book shelf, but that’s not what prompted me to recall these oft-quoted words. It’s what happened to John Deere’s (NYSE: DE) stock in the past couple of days that brought them back.
After more »
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Can These Aerial Equipment Makers Continue to Soar?
By Robert Hanley - February 9, 2013 | Tickers: OSK, TEX, URI
The financial crisis and housing correction brought a contraction to the construction equipment industry, as rental companies downsized their fleets and waited for brighter days in the future. Fortunately, Uncle Sam’s printing press has finally generated a rise in housing prices and stronger building activity, which has reversed the negative trends and brought new orders and profits to the business. After large price gains for the industry’s leaders more »
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An Opportunistic Play on an Improving US Housing Market
By Anh HOANG - January 31, 2013 | Tickers: FSS, OSK, TEX
Carl Icahn, the famous activist investor, once offered to acquire Oshkosh Corporation (NYSE: OSK) at $32.50 per share, with a total deal value of $3 billion. However, the company’s board rejected the offer, as they thought the offer undervalued the company. Indeed, after reporting strong 2013 first quarter earnings results, Oshkosh’s share price just surged by nearly 19% in one trading day to more than $41 per more »
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2013 Outlook for Mining Equipment Companies
By Zain Abbas - January 29, 2013 | Tickers: CAT, JOY, MTW, OSK, TEX
The bears believe that Construction and Mining equipment manufacturers had a tough 2012 given lower-than-expected growth in Chinese GDP. On the other hand, bulls have got solid points to defend a strong 2013. Investors are desperately waiting for their earnings releases in order to judge who is right; the bears or the bulls?
Before discussing the earnings preview of different players in this industry, I would like to list the more »
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A Love Letter That Tells You Why This Stock’s Good, but Expensive
By Neha Chamaria - January 28, 2013 | Tickers: AGCO, CAT, DE, MON, TEX
Since I chanced upon that old dusty box of pen pal notes dating back to my college days last week, my hands have been itching to write a letter. When tractor king John Deere (NYSE: DE) popped last week, I thought -- why not write it one to express my love, and congratulate it on its superb run? Over to you Deere.
Dear Deere,
I’m going to skip the customary more »
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Smashingly Strong Results at This Rental Company
By Mark Holder - January 28, 2013 | Tickers: CNH, TEX, URI
After a year of smashing results, will United Rentals (NYSE: URI) continue leaving analyst estimates in the dust? The company reported earnings of $1.27 for Q4 that smashed the $1.01 estimate.
A leading supplier of construction and industrial equipment for rent has become a surprising breakout star during a time period when those particular markets were expected to struggle. In fact, a prime rental equipment market of non-residential more »
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This Equipment Manufacturer Is Best in Class
By Ted Cooper - January 24, 2013 | Tickers: CAT, DE, TEX
Deere & Co's (NYSE: DE) stock price experienced a massive run-up starting in 2006 and lasting until late 2007. Then it crashed to 1/3 of its high during the depths of the financial crisis. However, the stock price has since regained steam and currently trades near an all-time high. So it's worth asking whether Deere still has room to run or whether the stock is too risky to more »
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