Tag: Terex Corp

  • Momentum Stocks – Caterpillar Inc. (NYSE:CAT), Deere & Company (NYSE:DE), Manitowoc Company, Inc. (NYSE:MTW), Terex Corporation (NYSE:TEX)

    Caterpillar Inc. (NYSE:CAT), will release its quarterly report on Monday, and investors have grown increasingly nervous about whether the heavy-equipment manufacturer will be able to recover from its share-price drop over the past two years.  Caterpillar Inc. (NYSE:CAT), stock opened at $87.98 in last session, and closed at $86.17, while the day  range of CAT stock is $85.88 – $87.99. The stock showed a negative weekly performance of -6.35%.

    Deere & Company (NYSE:DE), decreased by -0.53% in last session as it has a market cap of $33.28 with outstanding shares of 372.48M. The firm expected to host Annual Shareholder Meeting on Feb 26, 2014 at- 11:00AM EST.  Deere & Company (NYSE:DE), stock opened at $87.44, in last session and closed at $85.55, by losing -2.65%. The 52 week range of $79.50 – $95.60. Company’s market capitalization is $31.87billion.

    The Manitowoc Company, Inc. (NYSE: MTW), announced that it will release its fourth-quarter 2013 financial results on Thursday, January 30, after the close of market. Manitowoc Company, Inc. (NYSE:MTW), stock decreased -5.71% and finished the last session at $23.62. The EPS of the stock remained 1.16. Company’s market capitalization is $3.16billion.

    Shareholders of Terex Corporation (NYSE:TEX), looking to boost their income beyond the stock’s 0.5% annualized dividend yield can sell the January 2015 covered call at the $50 strike and collect the premium based on the $2.95 bid, which annualizes to an additional 7.2% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 7.7% annualized rate in the scenario where the stock is not called away. Any upside above $50 would be lost if the stock rises there and is called away, but TEX shares would have to advance 19.9% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 27% return from this trading level, in addition to any dividends collected before the stock was called. Terex Corporation (NYSE:TEX), stock opened the session at $40.10, and closed the session at $37.92. The 52 week range of the TEX stock remained $25.60 – $42.81 and the day range was $37.83 – $40.10.