Should I buy or sell Ternium stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ternium in the last year. There are currently 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 .

What is Ternium's stock price target for 2024?

3 equities research analysts have issued 1 year target prices for Ternium's stock. Their TX share price targets range from $47.00 to $54.00. On average, they expect the company's stock price to reach $50.83 in the next year. This suggests a possible upside of 18.4% from the stock's current price. View analysts price targets for TX or view top-rated stocks among Wall Street analysts .

How have TX shares performed in 2024?

Ternium's stock was trading at $42.47 on January 1st, 2024. Since then, TX stock has increased by 1.1% and is now trading at $42.92. View the best growth stocks for 2024 here .

Are investors shorting Ternium?

Ternium saw a increase in short interest in 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 presently 2.2 days. View Ternium's Short Interest .

When is Ternium's next earnings date?

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

How can I listen to Ternium's earnings call?

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 .

How were Ternium's earnings last quarter?

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

How often does Ternium pay dividends? What is the dividend yield for Ternium?

Ternium announced a Semi-Annual dividend on Tuesday, February 20th. Shareholders 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 an increase from the stock's previous Semi-Annual dividend of $1.10. Read our dividend analysis for TX .

Is Ternium a good dividend stock?

Ternium (NYSE:TX) pays an annual dividend of $2.20 per share and currently has a dividend yield of 5.15%. 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 .

What ETFs hold Ternium's stock?

ETFs with the largest weight of Ternium (NYSE:TX) stock in their portfolio include VanEck Steel ETF (SLX) and Inspire Faithward Mid Cap Momentum ETF (GLRY) . Amplify International Enhanced Dividend Income ETF (IDVO) .

What is Daniel A. Novegil's approval rating as Ternium's CEO?

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.

What other stocks do shareholders of Ternium own?

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) .

Who are Ternium's major shareholders?

Ternium's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.11%), Diversified Trust Co (0.01%) and Atlas Capital Advisors LLC (0.01%).

How do I buy shares of Ternium?

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. Compare Top Brokerages Here .

NYSE:TX

Ternium (TX) Stock Price, News & Analysis

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Free TX Stock Alerts

$43.07

+0.15 (+0.35%)

(As of 01:57 PM ET)

Compare

Today's Range: $42.70
▼
$43.08
50-Day Range: $36.74
▼
$44.19
52-Week Range: $35.22
▼
$45.58

Volume: 62,597 shs
Average Volume: 177,469 shs
Market Capitalization: $8.63 billion

P/E Ratio: 12.52
Dividend Yield: 5.11%
Price Target: $50.83

Get Ternium alerts:

Ternium MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 18.4% Upside
$50.83 Price Target
Short Interest: Healthy
0.18% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.66
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 2.89%
From $6.91 to $7.11 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.23 out of 5 stars

Basic Materials Sector

79th out of 172 stocks

Blast Furnaces & Steel Mills Industry

6th out of 12 stocks

2.5

Analyst's Opinion

Consensus Rating
Ternium has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Ternium has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.18% of the outstanding shares of Ternium have been sold short.
Short Interest Ratio / Days to Cover
Ternium has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ternium has recently increased by 208.11%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
Ternium is a leading dividend payer. It pays a dividend yield of 5.15%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Ternium does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Ternium is 63.95%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Ternium will have a dividend payout ratio of 30.94% next year. This indicates that Ternium will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TX.

3.1

News and Social Media Coverage

News Sentiment
Ternium has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Ternium this week, compared to 2 articles on an average week.
Search Interest
12 people have searched for TX on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Ternium to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ternium insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.04% of the stock of Ternium is held by insiders.
Percentage Held by Institutions
Only 11.98% of the stock of Ternium is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Ternium are expected to grow by 2.89% in the coming year, from $6.91 to $7.11 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ternium is 12.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.62.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ternium is 12.48, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 132.23.
Price to Book Value per Share Ratio
Ternium has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Ternium Stock (NYSE:TX)

Ternium S.A., together with its subsidiaries, manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally. It operates through three segments: Steel, Mining, and Usiminas. The Steel segment offers slabs, hot and cold rolled products, coated products, roll formed and tubular products, bars, billets, and other products. Its Mining segment sells iron ore and pellets. The Usiminas segment offers iron ore extraction, steel transformation, and production of capital goods and logistics; and manufactures and sells various products and raw materials, such as flat steel, iron ore, and stamped steel parts for the automotive industry and products for the civil construction and capital goods industry. It also provides medical and social; scrap; renewable energy; and engineering and other services, as well as operates as a distribution company. In addition, the company engages in the exploration, exploitation, and pelletizing of iron ore. Ternium S.A. was founded in 1961 and is based in Luxembourg City, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.

TX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TX Stock News Headlines

April 17, 2024 | americanbankingnews.com

Ternium (TX) to Release Earnings on Wednesday

April 16, 2024 | markets.businessinsider.com

Analysts Are Bullish on These Materials Stocks: Ternium SA (TX), Rio Tinto Limited (RTNTF)

April 19, 2024 | The Bull Report (Ad)

Healthcare Takes A Big Step Forward With The Help Of AI

The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.

March 27, 2024 | finanznachrichten.de

Ternium S.A.: Ternium Files 2023 Form 20-F

March 17, 2024 | finance.yahoo.com

Ternium's (NYSE:TX) Dividend Will Be Increased To $2.20

March 15, 2024 | uk.investing.com

Ternium SA ADR (TX)

March 15, 2024 | finanznachrichten.de

Ternium S.A.: Ternium Announces Annual General Meeting of Shareholders

March 15, 2024 | finance.yahoo.com

TX Apr 2024 45.000 put

April 19, 2024 | The Bull Report (Ad)

Healthcare Takes A Big Step Forward With The Help Of AI

The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.

March 13, 2024 | seekingalpha.com

Union uses leverage to draw line for Nippon Steel in bid for US Steel - Bloomberg

March 7, 2024 | seekingalpha.com

Ternium: Trading At Less Than 3 Times EBITDA

March 6, 2024 | uk.investing.com

Ternium SA DRC (TXR)

February 24, 2024 | finance.yahoo.com

Ternium (NYSE:TX) Has Announced That It Will Be Increasing Its Dividend To $2.20

February 22, 2024 | finance.yahoo.com

Ternium S.A. (NYSE:TX) Q4 2023 Earnings Call Transcript

February 21, 2024 | msn.com

Gerdau reports Q4 results

February 21, 2024 | finance.yahoo.com

Steelmaker Ternium posts tenfold profit leap in fourth quarter

February 21, 2024 | msn.com

Ternium proposes $2.20/ADS interim dividend

February 20, 2024 | benzinga.com

Recap: Ternium Q4 Earnings

February 20, 2024 | finanznachrichten.de

Ternium S.A.: Ternium Announces Fourth Quarter and Full Year 2023 Results

February 20, 2024 | finance.yahoo.com

Ternium Announces Fourth Quarter and Full Year 2023 Results

February 19, 2024 | msn.com

Ternium Q4 2023 Earnings Preview

February 19, 2024 | benzinga.com

Earnings Outlook For Ternium

February 18, 2024 | ca.finance.yahoo.com

TX Mar 2024 50.000 call

February 18, 2024 | finance.yahoo.com

TX Mar 2024 30.000 put

February 5, 2024 | finance.yahoo.com

The Returns At Ternium (NYSE:TX) Aren't Growing

January 27, 2024 | markets.businessinsider.com

Ternium Stock (NYSE:TX): A Nearshoring Beneficiary with Upside Potential

January 21, 2024 | usatoday.com

Washington fights off Texas with wild Sugar Bowl ending, will face Michigan for title

See More Headlines

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Company Calendar

Last Earnings: 2/20/2024
Today: 4/19/2024
Next Earnings (Confirmed): 4/24/2024
Ex-Dividend for 5/8 Dividend: 5/02/2024
Dividend Payable: 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Blast furnaces & steel mills
Sub-Industry: N/A
Current Symbol: NYSE:TX
CUSIP: N/A
CIK: 1342874
Web: www.ternium.com
Phone: (522) 668-3152
Fax: 352-2653-8349
Employees: 34,458
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $50.83
High Stock Price Target: $54.00
Low Stock Price Target: $47.00
Potential Upside/Downside: +18.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.44
Trailing P/E Ratio: 12.48
Forward P/E Ratio: 6.21
P/E Growth: N/A
Net Income: $676.04 million
Net Margins: 3.84%
Pretax Margin: 7.50%
Return on Equity: 10.84%
Return on Assets: 8.00%

Debt

Debt-to-Equity Ratio: 0.08
Current Ratio: 3.17
Quick Ratio: 1.86

Sales & Book Value

Annual Sales: $17.61 billion
Price / Sales: 0.49
Cash Flow: $11.99 per share
Price / Cash Flow: 3.58
Book Value: $85.64 per share
Price / Book: 0.50

Miscellaneous

Outstanding Shares: 200,470,000
Free Float: 200,394,000
Market Cap: $8.60 billion
Optionable: Optionable
Beta: 1.69

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Key Executives

Mr. Maximo Vedoya (Age 53)
Chief Executive Officer
Mr. Pablo Daniel Brizzio (Age 53)
Chief Financial Officer
Mr. Carlos Polidori (Age 50)
Chief Technology Officer
Sebastián Martí
Investor Relations Director
Mr. Fernando Duelo (Age 57)
General Counsel
Mr. Rodrigo Pina (Age 51)
Chief Human Resources Officer
Mr. Oscar Montero Martinez (Age 64)
Chief Planning Officer
Mr. Pablo Hernán Bassi (Age 61)
Chief Industrial & Engineering Officer
Ms. Marina Valeria Chiesa (Age 45)
Chief Environment, Health & Safety Officer
Mr. Martin A. Berardi (Age 66)
Ternium Argentina President

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TX Stock Analysis - Frequently Asked Questions

Should I buy or sell Ternium stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ternium in the last year. There are currently 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.
What is Ternium's stock price target for 2024?: 3 equities research analysts have issued 1 year target prices for Ternium's stock. Their TX share price targets range from $47.00 to $54.00. On average, they expect the company's stock price to reach $50.83 in the next year. This suggests a possible upside of 18.4% from the stock's current price.
View analysts price targets for TX or view top-rated stocks among Wall Street analysts.
How have TX shares performed in 2024?: Ternium's stock was trading at $42.47 on January 1st, 2024. Since then, TX stock has increased by 1.1% and is now trading at $42.92.
View the best growth stocks for 2024 here.
Are investors shorting Ternium?: Ternium saw a increase in short interest in 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 presently 2.2 days.
View Ternium's Short Interest.
When is Ternium's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our TX earnings forecast.
How can I listen to Ternium's earnings call?: 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.
How were Ternium's earnings last quarter?: Ternium S.A. (NYSE:TX) issued its quarterly earnings data on Tuesday, February, 20th. The basic materials company reported $2.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.79. The basic materials company earned $4.93 billion during the quarter, compared to analyst estimates of $4.94 billion. Ternium had a trailing twelve-month return on equity of 10.84% and a net margin of 3.84%. The firm's revenue was up 39.1% compared to the same quarter last year. During the same period last year, the company earned $0.20 earnings per share.
How often does Ternium pay dividends? What is the dividend yield for Ternium?: Ternium announced a Semi-Annual dividend on Tuesday, February 20th. Shareholders 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 an increase from the stock's previous Semi-Annual dividend of $1.10.
Read our dividend analysis for TX.

Is Ternium a good dividend stock?: Ternium (NYSE:TX) pays an annual dividend of $2.20 per share and currently has a dividend yield of 5.15%. 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.
What ETFs hold Ternium's stock?: ETFs with the largest weight of Ternium (NYSE:TX) stock in their portfolio include VanEck Steel ETF (SLX) and Inspire Faithward Mid Cap Momentum ETF (GLRY).Amplify International Enhanced Dividend Income ETF (IDVO).
What is Daniel A. Novegil's approval rating as Ternium's CEO?: 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.
What other stocks do shareholders of Ternium own?: 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).
Who are Ternium's major shareholders?: Ternium's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.11%), Diversified Trust Co (0.01%) and Atlas Capital Advisors LLC (0.01%).
How do I buy shares of Ternium?: 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.
Compare Top Brokerages Here.

This page (NYSE:TX) was last updated on 4/19/2024 by MarketBeat.com Staff

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Ternium (TX) Stock Price, News & Analysis

Ternium MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Ternium Stock (NYSE:TX)

TX Stock Price History

TX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

TX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™