Ternium (TX) Stock Price, News & Analysis

Company Overview

Ternium S.A., together with its subsidiaries, manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally. It operates through three segments: Steel, Mining, and Usiminas. The Steel segment offers slabs, hot and cold rolled products, coated products, roll formed and tubular products, bars, billets, and other products. Its Mining segment sells iron ore and pellets. The Usiminas segment offers iron ore extraction, steel transformation, and production of capital goods and logistics; and manufactures and sells various products and raw materials, such as flat steel, iron ore, and stamped steel parts for the automotive industry and products for the civil construction and capital goods industry. It also provides medical and social; scrap; renewable energy; and engineering and other services, as well as operates as a distribution company. In addition, the company engages in the exploration, exploitation, and pelletizing of iron ore. Ternium S.A. was founded in 1961 and is based in Luxembourg City, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.

Key Stats

• Today's Range: $33.98 to $35.20
• 50-Day Range: $30.88 to $37.47
• 52-Week Range: $30.68 to $44.44
• Volume: 176,370 shs
• Average Volume: 166,224 shs
• Market Capitalization: $6.89 billion
• P/E Ratio: 10.19
• Dividend Yield: 12.81%
• Price Target: $52.33
• Consensus Rating: Buy

Ternium Stock Analysis - MarketRank™

Ternium scored higher than 95% of companies evaluated by MarketBeat, and ranked 20th out of 195 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Ternium has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Ternium has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 4.28%

Earnings Growth

Earnings for Ternium are expected to grow by 4.28% in the coming year, from $7.01 to $7.31 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ternium is 10.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ternium is 10.19, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 124.40.

Price to Earnings Growth Ratio

Ternium has a PEG Ratio of 0.14. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Ternium has a P/B Ratio of 0.41. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.34% of the outstanding shares of Ternium have been sold short.

Short Interest Ratio / Days to Cover

Ternium has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ternium has recently decreased by 20.56%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Ternium is a leading dividend payer. It pays a dividend yield of 13.57%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Ternium does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Ternium is 130.56%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Ternium will have a dividend payout ratio of 60.19% next year. This indicates that Ternium will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.34% of the outstanding shares of Ternium have been sold short.

Short Interest Ratio / Days to Cover

Ternium has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ternium has recently decreased by 20.56%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.19

News Sentiment

Ternium has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Ternium this week, compared to 2 articles on an average week.

Search Interest

Only 10 people have searched for TX on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

5 people have added Ternium to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ternium insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.04% of the stock of Ternium is held by insiders.

Percentage Held by Institutions

Only 11.98% of the stock of Ternium is held by institutions.

TX Stock Analysis - Frequently Asked Questions

How have TX shares performed this year?

Ternium's stock was trading at $42.47 at the beginning of the year. Since then, TX stock has decreased by 19.1% and is now trading at $34.35.
View the best growth stocks for 2024 here.

How were Ternium's earnings last quarter?

Ternium S.A. (NYSE:TX) issued its quarterly earnings results on Tuesday, July, 30th. The basic materials company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.25 by $1.36. The company's revenue was up 16.6% compared to the same quarter last year.

Who are Ternium's major shareholders?

Top institutional investors of Ternium include Acadian Asset Management LLC (1.25%), Ninety One UK Ltd (0.84%), Donald Smith & CO. Inc. (0.67%) and Prudential PLC (0.39%).

How do I buy shares of Ternium?

Shares of TX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ternium own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ternium investors own include Energy Transfer (ET), AT&T (T), Bank of America (BAC), JPMorgan Chase & Co. (JPM), Exxon Mobil (XOM), Ford Motor (F) and Intel (INTC).

Company Calendar

• Last Earnings: 7/30/2024
• Today: 9/18/2024
• Next Earnings (Estimated): 10/29/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Blast furnaces & steel mills
• Sub-Industry: Steel Works
• Current Symbol: NYSE:TX
• CUSIP: N/A
• CIK: 1342874
• Web: www.ternium.com
• Phone: (522) 668-3152
• Fax: 352-2653-8349
• Employees: 34,458
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $52.33
• High Stock Price Target: $56.00
• Low Stock Price Target: $47.00
• Potential Upside/Downside: +52.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.37
• Trailing P/E Ratio: 10.19
• Forward P/E Ratio: 4.90
• P/E Growth: 0.15
• Net Income: $676.04 million
• Net Margins: -3.57%
• Pretax Margin: 1.42%
• Return on Equity: 6.08%
• Return on Assets: 4.24%

Debt

• Debt-to-Equity Ratio: 0.09
• Current Ratio: 2.74
• Quick Ratio: 1.57

Sales & Book Value

• Annual Sales: $17.61 billion
• Price / Sales: 0.39
• Cash Flow: $11.76 per share
• Price / Cash Flow: 2.92
• Book Value: $83.86 per share
• Price / Book: 0.41

Miscellaneous

• Outstanding Shares: 200,470,000
• Free Float: 200,394,000
• Market Cap: $6.89 billion
• Optionable: Optionable
• Beta: 1.76