Ternium (TX) Stock Price, News & Analysis

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ternium in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TX shares.
View TX analyst ratings or view top-rated stocks.

3 analysts have issued 12-month price objectives for Ternium's stock. Their TX share price targets range from $47.00 to $54.00. On average, they predict the company's stock price to reach $50.83 in the next twelve months. This suggests a possible upside of 19.0% 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 $42.47 at the beginning of 2024. Since then, TX shares have increased by 0.6% and is now trading at $42.71.
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Ternium saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 364,800 shares, an increase of 208.1% from the March 15th total of 118,400 shares. Based on an average daily volume of 167,700 shares, the short-interest ratio is currently 2.2 days.
View Ternium's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our TX earnings forecast.

Ternium will be holding an earnings conference call on Thursday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Ternium S.A. (NYSE:TX) posted its earnings results on Tuesday, February, 20th. The basic materials company reported $2.11 EPS for the quarter, beating analysts' consensus estimates of $1.32 by $0.79. The basic materials company earned $4.93 billion during the quarter, compared to analysts' expectations of $4.94 billion. Ternium had a net margin of 3.84% and a trailing twelve-month return on equity of 10.84%. The company's revenue for the quarter was up 39.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.20 EPS.

Ternium declared a Semi-Annual dividend on Tuesday, February 20th. Stockholders of record on Friday, May 3rd will be given a dividend of $2.20 per share on Wednesday, May 8th. This represents a yield of 6.9%. The ex-dividend date of this dividend is Thursday, May 2nd. This is a boost from the stock's previous Semi-Annual dividend of $1.10.
Read our dividend analysis for TX.

Ternium (NYSE:TX) pays an annual dividend of $2.20 per share and currently has a dividend yield of 5.13%. TX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 63.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TX will have a dividend payout ratio of 30.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TX.

ETFs with the largest weight of Ternium (NYSE:TX) stock in their portfolio include VanEck Steel ETF (SLX), Inspire Faithward Mid Cap Momentum ETF (GLRY), Amplify International Enhanced Dividend Income ETF (IDVO) and Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA).Invesco Zacks Multi-Asset Income ETF (CVY).

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's stock is owned by many different retail and institutional investors. Top institutional shareholders include Atlas Capital Advisors LLC (0.01%).

Shares of TX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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