Terex Reaches New 52-Week High (TEX)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Terex (NYSE: TEX) hit a new 52-week high Friday as it is currently trading at $33.52, above its previous 52-week high of $33.47 with one million shares traded as of 12:59 p.m. ET. Average volume has been 2.4 million shares over the past 30 days.

Terex has a market cap of $3.64 billion and is part of the industrial goods sector and industrial industry. Shares are up 17.2% year to date as of the close of trading on Thursday.

Terex Corporation manufactures capital goods machinery products worldwide. The company has a P/E ratio of 28.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Terex as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. You can view the full Terex Ratings Report.

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