Ternium - TX Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ternium in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TX shares.
View TX analyst ratings or view top-rated stocks.

7 Wall Street analysts have issued twelve-month price targets for Ternium's shares. Their TX share price forecasts range from $35.00 to $52.00. On average, they anticipate the company's share price to reach $46.43 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price.
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Ternium's stock was trading at $30.56 at the start of the year. Since then, TX shares have increased by 35.0% and is now trading at $41.26.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our TX earnings forecast.

Ternium S.A. (NYSE:TX) issued its quarterly earnings results on Tuesday, February, 14th. The basic materials company reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.02. The basic materials company had revenue of $3.55 billion for the quarter, compared to the consensus estimate of $3.73 billion. Ternium had a trailing twelve-month return on equity of 12.98% and a net margin of 10.77%. The company's revenue for the quarter was down 18.1% on a year-over-year basis. During the same period in the previous year, the company earned $5.08 earnings per share.

Ternium declared a semi-annual dividend on Thursday, March 23rd. Stockholders of record on Friday, May 5th will be paid a dividend of $1.80 per share on Monday, May 15th. This represents a dividend yield of 6.9%. The ex-dividend date is Thursday, May 4th.
Read our dividend analysis for TX.

ETFs with the largest weight of Ternium (NYSE:TX) stock in their portfolio include VanEck Steel ETF (SLX), Inspire Faithward Mid Cap Momentum ETF (GLRY), Virtus Real Asset Income ETF (VRAI), Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA), Amplify Natural Resources Dividend Income ETF (NDIV) and Amplify International Enhanced Dividend Income ETF (IDVO).VanEck Natural Resources ETF (HAP).

Ternium (NYSE:TX) pays an annual dividend of $1.80 per share and currently has a dividend yield of 4.50%. TX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TX will have a dividend payout ratio of 27.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TX.

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.

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).

Ternium trades on the New York Stock Exchange (NYSE) under the ticker symbol "TX."

Ternium's stock is owned by many different retail and institutional investors. Top institutional investors include Lazard Asset Management LLC (1.84%), Ninety One UK Ltd (0.67%), Prudential PLC (0.48%), Cape Ann Asset Management Ltd (0.48%), TT International Asset Management LTD (0.39%) and Oldfield Partners LLP (0.29%).

Shares of TX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TX stock can currently be purchased for approximately $41.26.

Ternium (NYSE:TX) has a market capitalization of $8.02 billion and generates $16.41 billion in revenue each year. The basic materials company earns $1.77 billion in net income (profit) each year or $9.00 on an earnings per share basis.

The company employs 20,142 workers across the globe.

Ternium's mailing address is 26 BOULEVARD ROYAL 4TH FLOOR, LUXEMBOURG N4, L-2449. The official website for the company is www.ternium.com. The basic materials company can be reached via phone at (522) 668-3152 or via fax at 352-2653-8349.