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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
NYSE:TX

Ternium (TX) Stock Price, News & Analysis

$42.71
+0.36 (+0.85%)
(As of 04/17/2024 ET)
Today's Range
$42.45
$43.17
50-Day Range
$36.74
$44.19
52-Week Range
$35.22
$45.58
Volume
121,661 shs
Average Volume
233,643 shs
Market Capitalization
$8.56 billion
P/E Ratio
12.42
Dividend Yield
10.30%
Price Target
$50.83

Ternium MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
19.0% Upside
$50.83 Price Target
Short Interest
Healthy
0.18% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.75mentions of Ternium in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.89%
From $6.91 to $7.11 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.21 out of 5 stars

Basic Materials Sector

77th out of 170 stocks

Blast Furnaces & Steel Mills Industry

7th out of 12 stocks

TX stock logo

About Ternium Stock (NYSE:TX)

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.

TX Stock Price History

TX Stock News Headlines

Ternium (TX) to Release Earnings on Wednesday
Your Next Portfolio Star: Revealing 2024's Top Stock Pick
We're thrilled to offer you an exclusive look at the #1 Buy & Hold Stock of 2024. This isn't just any report. It's the culmination of rigorous analysis, expert insights, and cutting-edge financial strategies, distilled into a compelling narrative that charts the course of what we believe to be the year's most promising investment. (**By clicking the link you are subscribing to The Wealth Creation Investing Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy.)
Ternium S.A.: Ternium Files 2023 Form 20-F
Ternium SA ADR (TX)
TX Apr 2024 45.000 put
Your Next Portfolio Star: Revealing 2024's Top Stock Pick
We're thrilled to offer you an exclusive look at the #1 Buy & Hold Stock of 2024. This isn't just any report. It's the culmination of rigorous analysis, expert insights, and cutting-edge financial strategies, distilled into a compelling narrative that charts the course of what we believe to be the year's most promising investment. (**By clicking the link you are subscribing to The Wealth Creation Investing Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy.)
Ternium: Trading At Less Than 3 Times EBITDA
Ternium SA DRC (TXR)
Ternium S.A. (NYSE:TX) Q4 2023 Earnings Call Transcript
Gerdau reports Q4 results
Ternium proposes $2.20/ADS interim dividend
Recap: Ternium Q4 Earnings
Ternium Q4 2023 Earnings Preview
Earnings Outlook For Ternium
TX Mar 2024 50.000 call
TX Mar 2024 30.000 put
The Returns At Ternium (NYSE:TX) Aren't Growing
Ternium Stock (NYSE:TX): A Nearshoring Beneficiary with Upside Potential
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/24/2024
Ex-Dividend for 5/8 Dividend
5/02/2024
Dividend Payable
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
N/A
Employees
34,458
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$50.83
High Stock Price Target
$54.00
Low Stock Price Target
$47.00
Potential Upside/Downside
+19.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$676.04 million
Pretax Margin
7.50%

Debt

Sales & Book Value

Annual Sales
$17.61 billion
Cash Flow
$12.03 per share
Book Value
$85.64 per share

Miscellaneous

Free Float
200,394,000
Market Cap
$8.56 billion
Optionable
Optionable
Beta
1.69
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Key Executives

  • Mr. Maximo Vedoya (Age 53)
    Chief Executive Officer
  • Mr. Pablo Daniel Brizzio (Age 53)
    Chief Financial Officer
  • Mr. Carlos Polidori (Age 50)
    Chief Technology Officer
  • Sebastián Martí
    Investor Relations Director
  • Mr. Fernando Duelo (Age 57)
    General Counsel
  • Mr. Rodrigo Pina (Age 51)
    Chief Human Resources Officer
  • Mr. Oscar Montero Martinez (Age 64)
    Chief Planning Officer
  • Mr. Pablo Hernán Bassi (Age 61)
    Chief Industrial & Engineering Officer
  • Ms. Marina Valeria Chiesa (Age 45)
    Chief Environment, Health & Safety Officer
  • Mr. Martin A. Berardi (Age 66)
    Ternium Argentina President

TX Stock Analysis - Frequently Asked Questions

Should I buy or sell Ternium stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ternium in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TX shares.
View TX analyst ratings
or view top-rated stocks.

What is Ternium's stock price target for 2024?

3 brokers have issued twelve-month price targets for Ternium's shares. Their TX share price targets range from $47.00 to $54.00. On average, they anticipate the company's stock price to reach $50.83 in the next year. This suggests a possible upside of 19.0% from the stock's current price.
View analysts price targets for TX
or view top-rated stocks among Wall Street analysts.

How have TX shares performed in 2024?

Ternium's stock was trading at $42.47 on January 1st, 2024. Since then, TX stock has increased by 0.6% and is now trading at $42.71.
View the best growth stocks for 2024 here
.

Are investors shorting Ternium?

Ternium saw a increase in short interest in March. As of March 31st, there was short interest totaling 364,800 shares, an increase of 208.1% from the March 15th total of 118,400 shares. Based on an average daily volume of 167,700 shares, the days-to-cover ratio is presently 2.2 days.
View Ternium's Short Interest
.

When is Ternium's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our TX earnings forecast
.

How can I listen to Ternium's earnings call?

Ternium will be holding an earnings conference call on Thursday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Ternium's earnings last quarter?

Ternium S.A. (NYSE:TX) announced its quarterly earnings results on Tuesday, February, 20th. The basic materials company reported $2.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.79. The basic materials company had revenue of $4.93 billion for the quarter, compared to analyst estimates of $4.94 billion. Ternium had a trailing twelve-month return on equity of 10.84% and a net margin of 3.84%. The company's revenue was up 39.1% on a year-over-year basis. During the same period last year, the firm earned $0.20 EPS.

How often does Ternium pay dividends? What is the dividend yield for Ternium?

Ternium declared a Semi-Annual dividend on Tuesday, February 20th. Shareholders of record on Friday, May 3rd will be paid a dividend of $2.20 per share on Wednesday, May 8th. This represents a dividend yield of 6.9%. The ex-dividend date is Thursday, May 2nd. This is an increase from the stock's previous Semi-Annual dividend of $1.10.
Read our dividend analysis for TX
.

Is Ternium a good dividend stock?

Ternium (NYSE:TX) pays an annual dividend of $2.20 per share and currently has a dividend yield of 5.13%. TX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 63.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TX will have a dividend payout ratio of 30.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TX.

What is Daniel A. Novegil's approval rating as Ternium's CEO?

41 employees have rated Ternium Chief Executive Officer Daniel A. Novegil on Glassdoor.com. Daniel A. Novegil has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Ternium own?

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

Who are Ternium's major shareholders?

Ternium's stock is owned by many different institutional and retail investors. Top institutional shareholders include Atlas Capital Advisors LLC (0.01%).

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.

This page (NYSE:TX) was last updated on 4/18/2024 by MarketBeat.com Staff

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