Ternium - TX Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ternium in the last twelve months. 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.
View TX analyst ratings or view top-rated stocks.

6 analysts have issued twelve-month price objectives for Ternium's shares. Their TX share price forecasts range from $39.00 to $70.00. On average, they predict the company's share price to reach $55.83 in the next year. This suggests a possible upside of 59.8% 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 $43.52 on January 1st, 2022. Since then, TX shares have decreased by 19.7% and is now trading at $34.95.
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Ternium saw a decrease in short interest during the month of July. As of July 31st, there was short interest totaling 578,500 shares, a decrease of 31.9% from the July 15th total of 849,700 shares. Based on an average daily trading volume, of 406,100 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.3% of the shares of the stock are short sold.
View Ternium's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our TX earnings forecast.

Ternium S.A. (NYSE:TX) posted its quarterly earnings data on Tuesday, November, 2nd. The basic materials company reported $6.12 earnings per share (EPS) 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 the consensus estimate of $4.30 billion. Ternium had a net margin of 21.37% and a trailing twelve-month return on equity of 29.94%. During the same period in the prior year, the firm posted $0.61 EPS.

Ternium announced an annual dividend on Wednesday, March 23rd. Shareholders of record on Friday, May 6th will be given a dividend of $1.80 per share on Monday, May 16th. This represents a dividend yield of 5.9%. The ex-dividend date is Thursday, May 5th. This is a boost from the stock's previous annual dividend of $0.80.
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 5.16%. TX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 9.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TX will have a dividend payout ratio of 29.27% 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 number of institutional and retail investors. Top institutional investors include Lazard Asset Management LLC (1.27%), Grantham Mayo Van Otterloo & Co. LLC (0.69%), Contrarian Capital Management L.L.C. (0.47%), TT International Asset Management LTD (0.40%), Prudential PLC (0.39%) and JPMorgan Chase & Co. (0.15%).

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 $34.95.

Ternium (NYSE:TX) has a market capitalization of $7.01 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 $19.22 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.