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StockNews.com
StockNews.com
Business
Pragya Pandey

Is Terex a Good Value Stock to Own?

Terex Corporation (TEX) in Westport, Conn., is a multinational manufacturer of materials processing gear and aerial work platforms. It creates, manufactures, and supports products used in construction, maintenance, manufacturing, energy, recycling, minerals, and materials management. The stock has gained 3.4% in price over the past month.

In terms of forward Non-GAAP P/E, the stock is currently trading at 9.26x, which is 43.1% lower than the 16.26x industry average. Also, its 0.70x forward EV/Sales is 56.8% lower than the 1.62x industry average. Furthermore, TEX's 0.57x forward Price/Sales is 55.3% lower than the 1.28x industry average.

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