Ternium - TX Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ternium in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TX shares.
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6 brokers have issued 12-month price targets for Ternium's shares. Their TX share price forecasts range from $35.00 to $52.00. On average, they expect the company's share price to reach $43.50 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price.
View analysts price targets for TX or view top-rated stocks among Wall Street analysts.

Ternium's stock was trading at $30.56 at the beginning of 2023. Since then, TX shares have increased by 28.5% and is now trading at $39.28.
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Ternium saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 431,400 shares, an increase of 34.9% from the December 15th total of 319,800 shares. Based on an average daily volume of 237,500 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.2% of the shares of the company are sold short.
View Ternium's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
View our TX earnings forecast.

Ternium will be holding an earnings conference call on Wednesday, February 15th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Ternium S.A. (NYSE:TX) released its quarterly earnings data on Tuesday, November, 2nd. The basic materials company reported $6.12 earnings per share for the quarter, beating analysts' consensus estimates of $5.39 by $0.73. The basic materials company earned $4.59 billion during the quarter, compared to analyst estimates of $4.30 billion. Ternium had a net margin of 15.85% and a trailing twelve-month return on equity of 20.59%. During the same period in the previous year, the company posted $0.61 EPS.

Ternium announced an annual dividend on Thursday, November 3rd. Investors of record on Tuesday, November 15th will be paid a dividend of $0.90 per share on Tuesday, November 22nd. This represents a dividend yield of 3.25%. The ex-dividend date is Monday, November 14th.
Read our dividend analysis for TX.

Ternium (NYSE:TX) pays an annual dividend of $1.80 per share and currently has a dividend yield of 4.51%. TX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 12.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TX will have a dividend payout ratio of 51.72% 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 a variety of institutional and retail investors. Top institutional shareholders include Oldfield Partners LLP (0.29%), Crossmark Global Holdings Inc. (0.09%), Moneda S.A. Administradora General de Fondos (0.08%), CWA Asset Management Group LLC (0.06%), State of New Jersey Common Pension Fund D (0.05%) and Moneda USA Inc. (0.04%).

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 $39.28.

Ternium (NYSE:TX) has a market capitalization of $7.87 billion and generates $16.09 billion in revenue each year. The basic materials company earns $3.83 billion in net income (profit) each year or $13.88 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.