Friday, December 7, 2007

Terex Corp



Terex Corp(TEX) manufactures equipment for construction, infrastructure, quarrying, mining, shipping, transportation, refining, and utility industries worldwide. It operates in five segments: Terex Aerial Work Platforms; Terex Construction; Terex Cranes; Terex Materials Processing & Mining; and Terex Roadbuilding, Utility Products, and Other. The Terex Aerial Work Platforms segment offers aerial work platform equipment, telehandlers, light construction equipment, and construction trailers. Its products include material lifts, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, scissor lifts, construction trailers, trailer-mounted light towers, concrete finishing equipment, power buggies, and generators. The Terex Construction segment designs and manufactures off-highway trucks, scrapers, hydraulic excavators, wheel loaders, material handlers, pumps, gear boxes, and truck mounted articulated hydraulic cranes; and loader backhoes, compaction equipment, mini and midi excavators, site dumpers, and wheel loaders. The Terex Cranes segment provides mobile telescopic cranes, tower cranes, lattice boom crawler cranes, truck mounted cranes, and telescopic container stackers. The Terex Materials Processing & Mining segment manufactures and markets crushers, impactors, washing systems, screens, trammels, and feeders; hydraulic mining excavators; surface mining trucks; and drilling equipments.

Growth Rate 22.00
P/E (Price to Earnings Ratio) 9.97
Sales Growth of 15.00% per year
EPS (Earnings Per Share) $6.72 Sales (Yearly Sales - $Millions) $8,580.00
EY (Earnings Yield) 10.03 Market Capitalization - $Millions) $6,810.00

Stock has been drilled due to higher steel costs, steep US construction recession but aside from the US its doing well. Stocks bad news is in the stock price, its undervalued based on forcated earnings and sales growth. Tecnically stock forming a bottom and has support until 56. Currently its facing primary resistence at 68-69, its gotta get up past that to enter at this point until the 80's. I would sell it below 56 for a trade but it is a good long term play on global growth.

PS. for my friend Peter, the retailers are having a nice day. I'll put up the chart, next post.

Posted by prudentstockinvestor M.D. at 12:21 PM

1 comment:

Anonymous said...

These are not a great system on uneven surfaces or outside. However, you may still need one even if you already own another style of
scissor Lifts
equipment.

December 4, 2008 at 7:15 AM

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$BPCOMP

$BPCOMP
Extremely Oversold

Regarding Chart: BPCOMQ

This is the lowest close seen in years, usually a sharp and violent rally follows these moves enhanced by short covering, this is no time to short and start making a shopping list.

Bear-ly Hangin" In dustrials

Bear-ly Hangin" In dustrials
Dow Graph: 11/20/07
The Dow looks like its fighting for its life here at the level. It's no surprise there was a vicious bounce off the trend line as shown in the chart. Unfortunately, the last time we had that five hundred point reversal day was caused by the Fed stepping in, there has to be a similar event that helps the market or there is more pain ahead. The Fed minutes said nothing the market really liked, we sold off hard and bounced back hard as we hit support. This was just a reflex rally we may have to get one more really painful selloff to get around 12500.