NYSE:TX - Ternium Stock Price, Forecast & News

Ternium's stock was trading at $12.78 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TX stock has decreased by 6.9% and is now trading at $11.90. View which stocks have been mosted impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ternium in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Ternium.

Ternium is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Ternium.

Ternium SA (NYSE:TX) announced its earnings results on Tuesday, February, 18th. The basic materials company reported $0.36 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.32 by $0.04. The basic materials company earned $2.25 billion during the quarter, compared to analyst estimates of $2.28 billion. Ternium had a return on equity of 7.29% and a net margin of 5.44%. Ternium's revenue for the quarter was down 14.6% on a year-over-year basis. During the same quarter last year, the business earned $1.79 EPS. View Ternium's earnings history.

6 analysts have issued 1-year price objectives for Ternium's stock. Their forecasts range from $18.00 to $32.00. On average, they expect Ternium's share price to reach $21.83 in the next year. This suggests a possible upside of 83.5% from the stock's current price. View analysts' price targets for Ternium.

Media coverage about TX stock has trended positive on Tuesday, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ternium earned a news impact score of 3.0 on InfoTrie's scale. They also assigned media headlines about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutTernium.

Ternium saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 910,800 shares, a decline of 22.8% from the February 13th total of 1,180,000 shares. Based on an average daily trading volume, of 262,200 shares, the short-interest ratio is currently 3.5 days. Approximately 0.5% of the company's stock are sold short. View Ternium's Current Options Chain.

Some companies that are related to Ternium include Tenaris (TS), Steel Dynamics (STLD), Commercial Metals (CMC), APERAM/SH N Y REGISTRY SH (APEMY), United States Steel (X), Carpenter Technology (CRS), USINAS SIDERURG/S (USNZY), AK Steel (AKS), Mechel PAO (MTL), SunCoke Energy (SXC), Timkensteel (TMST), Titan International (TWI), Universal Stainless & Alloy Products (USAP) and Ossen Innovation (OSN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ternium investors own include Energy Transfer LP Unit (ET), Ford Motor (F), AT&T (T), Tenaris (TS), Altria Group (MO), Bank of America (BAC), JPMorgan Chase & Co. (JPM), Tailored Brands (TLRD), Verizon Communications (VZ) and Walmart (WMT).

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

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

One share of TX stock can currently be purchased for approximately $11.90.

Ternium has a market capitalization of $2.34 billion and generates $10.19 billion in revenue each year. The basic materials company earns $564.20 million in net income (profit) each year or $2.87 on an earnings per share basis. Ternium employs 20,660 workers across the globe. View additional information about Ternium.

The official website for Ternium is http://www.ternium.com/.

Ternium's mailing address is 29 Avenue de la Porte-Neuve - 3rd floor, Luxembourg N4, L-2227. The basic materials company can be reached via phone at 352-2668-3152.