NYSE:TXTernium Stock Price, Forecast & News

Ternium's stock was trading at $12.78 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TX stock has increased by 30.0% and is now trading at $16.61.
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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."
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Ternium is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Ternium.

Ternium SA (NYSE:TX) announced its quarterly earnings results on Tuesday, August, 4th. The basic materials company reported $0.22 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.03 by $0.19. The basic materials company had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.69 billion. Ternium had a net margin of 2.21% and a return on equity of 4.71%. The business's revenue for the quarter was down 36.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.92 EPS.
View Ternium's earnings history.

8 brokerages have issued 1 year price objectives for Ternium's shares. Their forecasts range from $12.00 to $32.00. On average, they anticipate Ternium's share price to reach $19.79 in the next year. This suggests a possible upside of 19.1% from the stock's current price.
View analysts' price targets for Ternium.

Headlines about TX stock have been trending positive this week, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ternium earned a news impact score of 2.8 on InfoTrie's scale. They also gave press coverage about the basic materials company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.
View the latest news about Ternium.

Ternium saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 408,800 shares, an increase of 14.5% from the July 15th total of 357,000 shares. Based on an average daily trading volume, of 311,600 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.2% of the shares of the stock are short sold.
View Ternium's Short Interest.

Some companies that are related to Ternium include ArcelorMittal (MT), 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), Mechel PAO (MTL), SunCoke Energy (SXC), Timkensteel (TMST), Titan International (TWI), Universal Stainless & Alloy Products (USAP) and Ossen Innovation (OSN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Ternium investors own include Energy Transfer LP Unit (ET), AT&T (T), Ford Motor (F), Bank of America (BAC), Alibaba Group (BABA), New Residential Investment (NRZ), Tenaris (TS), Wells Fargo & Co (WFC), Walmart (WMT) and Exxon Mobil (XOM).

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 Prudential PLC (1.04%), Dupont Capital Management Corp (0.14%), Principal Financial Group Inc. (0.08%), Virtus ETF Advisers LLC (0.04%), Alps Advisors Inc. (0.01%) and Aigen Investment Management LP (0.01%).

TX stock was sold by a variety of institutional investors in the last quarter, including Alps Advisors Inc., and UBS Group AG.

TX stock was acquired by a variety of institutional investors in the last quarter, including Prudential PLC, Principal Financial Group Inc., Russell Investments Group Ltd., Aigen Investment Management LP, Dupont Capital Management Corp, Virtus ETF Advisers LLC, and 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 $16.61.

Ternium has a market capitalization of $3.26 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.