NYSE:TXTernium Stock Price, Forecast & News

Ternium's stock was trading at $12.78 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TX stock has increased by 16.3% and is now trading at $14.86. View which stocks have been most impacted by Coronavirus.

8 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ternium.

Ternium is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Ternium.

Ternium SA (NYSE:TX) released its quarterly earnings results on Tuesday, April, 28th. The basic materials company reported ($0.06) EPS for the quarter, missing the Zacks' consensus estimate of $0.39 by $0.45. The basic materials company earned $2.27 billion during the quarter, compared to analyst estimates of $2.37 billion. Ternium had a net margin of 3.36% and a return on equity of 6.78%. The business's quarterly revenue was down 17.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.11 EPS. View Ternium's earnings history.

8 brokers have issued 12-month price objectives for Ternium's shares. Their forecasts range from $12.00 to $32.00. On average, they anticipate Ternium's stock price to reach $19.79 in the next twelve months. This suggests a possible upside of 33.1% from the stock's current price. View analysts' price targets for Ternium.

News coverage about TX stock has trended neutral recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing 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 coverage optimism score of 0.2 on InfoTrie's scale. They also assigned media headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Ternium.

Ternium saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 598,800 shares, a decline of 6.6% from the June 15th total of 640,800 shares. Based on an average daily volume of 362,200 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.3% of the shares of the company are short sold. View Ternium's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Ternium investors own include Energy Transfer LP Unit (ET), Ford Motor (F), Tenaris (TS), AT&T (T), Walmart (WMT), Exxon Mobil (XOM), Bank of America (BAC), Ship Finance International (SFL), Tailored Brands (TLRD) and Alibaba Group (BABA).

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 investors include DNB Asset Management AS (0.01%).

TX stock was bought by a variety of institutional investors in the last quarter, including DNB Asset Management AS.

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 $14.86.

Ternium has a market capitalization of $2.92 billion and generates $10.19 billion in revenue each year. The basic materials company earns $564.27 million in net income (profit) each year or $2.87 on an earnings per share basis. Ternium employs 20,061 workers across the globe.

The official website for Ternium is www.ternium.com.

Ternium's mailing address is 26 BOULEVARD ROYAL 4TH FLOOR, LUXEMBOURG N4, L-2449. The basic materials company can be reached via phone at (352) 4661-11-3815.