Ternium S.A. (TX)

NYSE: TX · Real-Time Price · USD
33.58
+0.03 (0.09%)
Nov 21, 2024, 10:43 AM EST - Market open
0.09%
Market Cap 6.61B
Revenue (ttm) 18.70B
Net Income (ttm) 79.35M
Shares Out 196.31M
EPS (ttm) 0.40
PE Ratio 83.00
Forward PE 5.77
Dividend $3.10 (9.24%)
Ex-Dividend Date Nov 18, 2024
Volume 13,944
Open 33.50
Previous Close 33.55
Day's Range 33.27 - 33.58
52-Week Range 30.68 - 44.44
Beta 1.68
Analysts Strong Buy
Price Target 52.33 (+55.47%)
Earnings Date Nov 5, 2024

About 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 sell... [Read more]

Industry Steel
Sector Materials
IPO Date Feb 1, 2006
Employees 34,458
Stock Exchange NYSE
Ticker Symbol TX
Full Company Profile

Financial Performance

In 2023, Ternium's revenue was $17.61 billion, an increase of 7.28% compared to the previous year's $16.41 billion. Earnings were $676.04 million, a decrease of -61.75%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for TX stock is "Strong Buy." The 12-month stock price forecast is $52.33, which is an increase of 55.47% from the latest price.

Price Target
$52.33
(55.47% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ternium: Don't Judge A Book By Its Cover

Ternium has a current level of net debt of $1.46 billion, with extraordinary FCF generation over the last five years. Despite the fall in the international price of steel, the company maintained a sol...

7 days ago - Seeking Alpha

Ternium S.A. (TX) Q3 2024 Earnings Call Transcript

Ternium S.A. (NYSE:TX) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Sebastian Marti - Global IR & Compliance Senior Director Maximo Vedoya - Chief Executive Offic...

14 days ago - Seeking Alpha

Ternium Announces Third Quarter and First Nine Months of 2024 Results

LUXEMBOURG / ACCESSWIRE / November 5, 2024 / Ternium S.A. (NYSE:TX) today announced its results for the third quarter and first nine months ended September 30, 2024.

15 days ago - Accesswire

Ternium Releases Sustainability Report 2023 and Announces Updated Decarbonization Target

LUXEMBOURG / ACCESSWIRE / September 26, 2024 / Ternium S.A. (NYSE:TX) today released its Sustainability Report 2023.

7 weeks ago - Accesswire

Ternium: Patience Should Pay Off, But Near-Term Conditions Are Weak

Ternium reported weaker-than-expected Q2'24 results and weaker EBITDA guidance for Q3'24, as the company is seeing significant steel price pressure and higher cash production costs. While this is not ...

3 months ago - Seeking Alpha

Ternium S.A. (TX) Q2 2024 Earnings Call Transcript

Ternium S.A. (NYSE:TX) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Sebastian Marti - Investor Relations Maximo Vedoya - Chief Executive Officer Pablo Brizzio - Chie...

4 months ago - Seeking Alpha

Ternium Announces Second Quarter and First Half of 2024 Results

LUXEMBOURG / ACCESSWIRE / July 30, 2024 / Ternium S.A. (NYSE:TX) today announced its results for the second quarter and first half ended June 30, 2024.

4 months ago - Accesswire

70 All-Star And Graham Value Stocks: 57 Fit To Buy In June

Large Cap Value rankings from YCharts identify stocks with low prices relative to their assets and profits. The Ben Graham Formula strategy selects stable stocks with strong earnings and dividends bas...

5 months ago - Seeking Alpha

Brazilian Court Orders Ternium to Pay an Indemnification in Connection with its Acquisition of a Participation in Usiminas in 2012

LUXEMBOURG / ACCESSWIRE / June 18, 2024 / Ternium S.A. (NYSE:TX) announced today that the Brazilian Superior Court of Justice (SCJ) resolved that Ternium's subsidiaries Ternium Investments and Ternium...

5 months ago - Accesswire

Top 5 Materials Stocks That Could Blast Off In June

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Other symbols: CLFSHWSTLD
5 months ago - Benzinga

Shareholders Approve all Resolutions on the Agenda of Ternium's Annual General Meeting

LUXEMBOURG / ACCESSWIRE / April 30, 2024 / Ternium S.A. (NYSE:TX) announced that its annual general meeting of shareholders held on April 30, 2024, approved all resolutions on its agenda.

7 months ago - Accesswire

Ternium Announces First Quarter of 2024 Results

LUXEMBOURG / ACCESSWIRE / April 24, 2024 / Ternium S.A. (NYSE:TX) today announced its results for the first quarter ended March 31, 2024.

7 months ago - Accesswire

Ternium Files 2023 Form 20-F

LUXEMBOURG / ACCESSWIRE / March 27, 2024 / Ternium S.A. (NYSE:TX) announced that it has filed its annual report on Form 20-F, for the year ended December 31, 2023, with the U.S. Securities and Exchang...

8 months ago - Accesswire

68 Graham Value Stocks, 57 Fit To Buy In March

Large Cap Value ranking from YCharts identifies stocks with low prices relative to their assets and profits. Ben Graham Formula strategy selects stable stocks with strong earnings and dividends based ...

8 months ago - Seeking Alpha

Ternium Announces Annual General Meeting of Shareholders

LUXEMBOURG / ACCESSWIRE / March 15, 2024 / Ternium S.A. (NYSE:TX) announced today that its annual general meeting of shareholders will be held on Tuesday, April 30, 2024, at 12:00 p.m.

8 months ago - Accesswire

Ternium: Trading At Less Than 3 Times EBITDA

Ternium S.A. ADR EACH REPR 10 ORD NPV's investments in growth are starting to pay off, with a total return of over 400% since 2019. The demand for steel and margins remained robust in Latin America in...

9 months ago - Seeking Alpha

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

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

9 months ago - Seeking Alpha

Ternium Announces Fourth Quarter and Full Year 2023 Results

LUXEMBOURG / ACCESSWIRE / February 20, 2024 / Ternium S.A. (NYSE:TX) today announced its results for the fourth quarter and full year ended December 31, 2023.

9 months ago - Accesswire

MoneyShow's Best Investment Ideas For 2024: Part 8

MoneyShow presents top investment ideas for 2024 from their contributors. This year's edition presents a broad mix of conservative income stocks, more speculative but potentially more rewarding growth...

10 months ago - Seeking Alpha

Ternium: Outlook Solid After Boosting Stake In Brazilian Steelmaker (Reiterate Buy)

Ternium steel shipments boomed 28% yoy in Q3 after taking a controlling interest in Brazilian steelmaker Usiminas. The company has expanded market share in Mexico and Brazil and is seeing steel prices...

1 year ago - Seeking Alpha

Ternium S.A. (TX) Q3 2023 Earnings Call Transcript

Ternium S.A. (NYSE:TX) Q3 2023 Earnings Conference Call November 1, 2023 8:30 AM ET Company Participants Sebastian Marti - Investor Relations Maximo Vedoya - Chief Executive Officer Pablo Brizzio - C...

1 year ago - Seeking Alpha

Ternium Announces Third Quarter and First Nine Months of 2023 Results

LUXEMBOURG / ACCESSWIRE / October 31, 2023 / Ternium S.A. (NYSE:TX) today announced its results for the third quarter and first nine months ended September 30, 2023.

1 year ago - Accesswire

Ternium: Improving Fundamentals And Good Margin Of Safety

Ternium S.A. has achieved revenue and profit growth through organic growth and acquisitions over the past 11 years. TX has a strong financial position and a good capital allocation plan, creating valu...

1 year ago - Seeking Alpha

Ternium S.A. (TX) Q2 2023 Earnings Call Transcript

Ternium S.A. (NYSE:TX) Q2 2023 Earnings Conference Call August 2, 2023 8:30 AM ET Company Participants Sebastian Marti - Investor Relations Maximo Vedoya - Chief Executive Officer Pablo Brizzio - Chi...

1 year ago - Seeking Alpha

Ternium Announces Second Quarter and First Half of 2023 Results

LUXEMBOURG / ACCESSWIRE / August 1, 2023 / Ternium S.A. (NYSE:TX) today announced its results for the second quarter and first half ended June 30, 2023.

1 year ago - Accesswire