Ternium Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ternium in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Ternium stock.
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Wall Street analysts have given Ternium a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Ternium wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Ternium is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Ternium.

Ternium S.A. (NYSE:TX) released its quarterly earnings results on Tuesday, April, 27th. The basic materials company reported $3.07 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $2.49 by $0.58. The basic materials company had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.12 billion. Ternium had a trailing twelve-month return on equity of 14.07% and a net margin of 14.34%.
View Ternium's earnings history.

Ternium's stock was trading at $12.78 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TX shares have increased by 173.6% and is now trading at $34.97.
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Ternium announced a dividend on Wednesday, April 28th. Shareholders of record on Wednesday, May 5th will be given a dividend of $0.21 per share on Tuesday, May 11th. This represents a yield of 0.55%. The ex-dividend date is Tuesday, May 4th.
View Ternium's dividend history.

Ternium pays an annual dividend of $2.10 per share and currently has a dividend yield of 6.15%. TX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Ternium does not yet have a strong track record of dividend growth. The dividend payout ratio of Ternium is 69.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Ternium will have a dividend payout ratio of 29.83% next year. This indicates that Ternium will be able to sustain or increase its dividend.
View Ternium's dividend history.

5 Wall Street analysts have issued 1-year price objectives for Ternium's stock. Their forecasts range from $26.50 to $44.00. On average, they anticipate Ternium's stock price to reach $35.80 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price.
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41 employees have rated Ternium CEO Daniel A. Novegil on Glassdoor.com. Daniel A. Novegil has an approval rating of 89% among Ternium's employees.

Some companies that are related to Ternium include POSCO (PKX), Sumitomo (SSUMY), Tenaris (TS), Steel Dynamics (STLD), United States Steel (X), Aperam (APEMY), Grupo Simec (SIM), Commercial Metals (CMC), Carpenter Technology (CRS), Usinas Siderúrgicas de Minas Gerais (USNZY), TimkenSteel (TMST), SunCoke Energy (SXC), Titan International (TWI), Mechel PAO (MTL) and ArcelorMittal South Africa (AMSIY).
View all of TX's competitors.

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 investors include Lazard Asset Management LLC (2.31%), Ninety One UK Ltd (1.22%), Acadian Asset Management LLC (1.16%), Oldfield Partners LLP (0.65%), Westwood Global Investments LLC (0.57%) and Clark Capital Management Group Inc. (0.47%).

TX stock was sold by a variety of institutional investors in the last quarter, including Lazard Asset Management LLC, Millennium Management LLC, Amundi Asset Management US Inc., State of New Jersey Common Pension Fund D, Ninety One North America Inc., B. Metzler seel. Sohn & Co. Holding AG, Dalton Investments LLC, and GSA Capital Partners LLP.

TX stock was purchased by a variety of institutional investors in the last quarter, including Oldfield Partners LLP, Acadian Asset Management LLC, Goldman Sachs Group Inc., Clark Capital Management Group Inc., JPMorgan Chase & Co., Canada Pension Plan Investment Board, Victory Capital Management Inc., and Scopus Asset Management L.P..

Shares of TX 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 $34.97.

Ternium has a market capitalization of $7.01 billion and generates $8.74 billion in revenue each year. The basic materials company earns $778.47 million in net income (profit) each year or $3.02 on an earnings per share basis.

Ternium employs 20,173 workers across the globe.

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

Ternium is headquartered at 26 BOULEVARD ROYAL 4TH FLOOR, LUXEMBOURG N4, L-2449.

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.