Ternium S.A. (TX)
Market Cap | 7.56B |
Revenue (ttm) | 16.22B |
Net Income (ttm) | 320.80M |
Shares Out | 196.31M |
EPS (ttm) | 1.63 |
PE Ratio | 25.66 |
Forward PE | 9.78 |
Dividend | $2.90 (7.53%) |
Ex-Dividend Date | Nov 10, 2023 |
Volume | 103,288 |
Open | 38.79 |
Previous Close | 38.50 |
Day's Range | 38.40 - 39.24 |
52-Week Range | 28.47 - 45.81 |
Beta | 1.58 |
Analysts | Strong Buy |
Price Target | 49.33 (+28.03%) |
Earnings Date | Oct 31, 2023 |
About TX
Ternium S.A., together with its subsidiaries, manufactures, processes, and sells various steel products in Mexico, Argentina, Paraguay, Chile, Bolivia, Uruguay, Brazil, the United States, Colombia, Guatemala, Costa Rica, Honduras, El Salvador, and Nicaragua. It operates through two segments, Steel and Mining. The Steel segment offers slabs, billets and round bars, hot rolled flat products, merchant bars, reinforcing bars, stirrups and rods, tin plate and galvanized products, tubes, beams, insulated panels, roofing and cladding, roof tiles, stee... [Read more]
Financial Performance
In 2022, Ternium's revenue was $16.41 billion, an increase of 2.01% compared to the previous year's $16.09 billion. Earnings were $1.77 billion, a decrease of -53.79%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for TX stock is "Strong Buy." The 12-month stock price forecast is $49.33, which is an increase of 28.03% from the latest price.
News

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.

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.

Ternium Releases Sustainability Report 2022
LUXEMBOURG / ACCESSWIRE / July 12, 2023 / Ternium S.A. (NYSE:TX) today released its Sustainability Report 2022.

Ternium Completes Acquisition of Additional Participation in Usiminas Control Group
LUXEMBOURG / ACCESSWIRE / July 3, 2023 / Ternium S.A. (NYSE:TX) today completed, together with Confab, a subsidiary of its affiliate Tenaris S.A.

Ternium Announces Location of New Steel Slab Mill
LUXEMBOURG / ACCESSWIRE / June 20, 2023 / Ternium S.A. (NYSE:TX) today announced that its new steel slab mill, which the company previously disclosed in February 2023, will be built at and integrated ...

These 3 Materials Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Intl Flavors & Fragrances (NYSE:IFF), Dow (NYSE:DOW)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Shareholders Approve all Resolutions on the Agenda of Ternium's Annual General Meeting
LUXEMBOURG / ACCESSWIRE / May 2, 2023 / Ternium S.A. (NYSE:TX) announced that its annual general meeting of shareholders held on May 2, 2023, approved all resolutions on its agenda.

Ternium Announces First Quarter 2023 Results
LUXEMBOURG / ACCESSWIRE / April 25, 2023 / Ternium S.A. (NYSE:TX) today announced its results for the first quarter ended March 31, 2023.

Ternium Files 2022 Form 20-F
LUXEMBOURG / ACCESSWIRE / March 30, 2023 / Ternium S.A. (NYSE:TX) announced that it has filed its annual report on Form 20-F, for the year ended December 31, 2022, with the U.S. Securities and Exchang...

Ternium to Increase its Participation in Usiminas Control Group - New Governance Structure of Usiminas
LUXEMBOURG / ACCESSWIRE / March 30, 2023 / Ternium S.A. (NYSE:TX) announced today that its subsidiaries Ternium Investments and Ternium Argentina, together with Confab, a subsidiary of its affiliate T...

Ternium Announces Annual General Meeting of Shareholders
LUXEMBOURG / ACCESSWIRE / March 17, 2023 / Ternium S.A. (NYSE:TX) announced today that its annual general meeting of shareholders will be held on Tuesday, May 2, 2023, at 2:00 p.m.

Ternium Announces Fourth Quarter and Full Year 2022 Results and New Investment Projects
LUXEMBOURG / ACCESSWIRE / February 14, 2023 / Ternium S.A. (NYSE:TX) today announced its results for the fourth quarter and full year ended December 31, 2022.

Ternium Announces Third Quarter and First Nine Months of 2022 Results
LUXEMBOURG / ACCESSWIRE / November 3, 2022 / Ternium S.A. (NYSE:TX) today announced its results for the third quarter and first nine months ended September 30, 2022.

Steelmaker Ternium expects revenue per ton to drop in Q3 on lower steel prices
Steelmaker Ternium expects revenue per ton to decrease in the third quarter of 2022 due to lower benchmark steel prices, the company said in a presentation following second-quarter results Wednesday.

Steelmaker Ternium reports 19% drop in Q2 net profit
Steel producer Ternium reported on Tuesday a second-quarter net profit of $936 million, down 19% from the year-ago period.

Ternium Announces Second Quarter and First Half of 2022 Results
LUXEMBOURG / ACCESSWIRE / August 2, 2022 / Ternium S.A. (NYSE:TX) today announced its results for the second quarter and first half ended June 30, 2022.

An Undervalued Steel Play With a Margin of Safety
Around a decade ago, I made a significant investment in South American steel producer Ternium SA ( TX , Financial). At the time, I thought the company was deeply undervalued and investors did not appr...

4 Capital-Intensive Stocks to Consider
When looking for value opportunities among capital-intensive businesses, investors could be interested in stocks with price-to-tangible-book-value ratios that are more appealing than their respective ...

Ternium Releases Sustainability Report 2021
LUXEMBOURG / ACCESSWIRE / June 15, 2022 / Ternium S.A. (NYSE:TX) today released its Sustainability Report 2021, an integral discussion of the company's progress towards achieving its objectives in a s...

Italian Court Dismisses the Case Against Ternium's Chairman and Two Other Board Members Over Alleged Improper Payments
LUXEMBOURG / ACCESSWIRE / May 26, 2022 / Ternium S.A. (NYSE:TX) was advised today that an Italian court of first instance overseeing an investigation into allegedly improper payments made in Brazil pr...

Steelmaker Ternium reports a 24% jump in Q1 net profit
Steel producer Ternium reported on Tuesday a first-quarter net income of $877.5 million, up 24% from the year-ago period.

Ternium Announces First Quarter of 2022 Results
LUXEMBOURG / ACCESSWIRE / April 26, 2022 / Ternium S.A. (NYSE:TX) today announced its results for the first quarter ended March 31, 2022.

Ternium Files 2021 Form 20-F
LUXEMBOURG / ACCESSWIRE / March 30, 2022 / Ternium S.A. (NYSE:TX) announced that it has filed its annual report on Form 20-F, for the year ended December 31, 2021, with the U.S. Securities and Exchang...

Ternium Declines to Improve Offer to Acquire Minority Participation in Ternium Mexico Owned by Ternium Argentina
LUXEMBOURG / ACCESSWIRE / March 18, 2022 / Ternium S.A. (NYSE:TX) announced that today its board of directors resolved to decline Ternium Argentina's request that Ternium considered improving the term...

Ternium to Broaden its Value-added Product Portfolio with New Investment Program at its Pesquería Industrial Center in Mexico
LUXEMBOURG / ACCESSWIRE / February 24, 2022 / Ternium S.A. (NYSE:TX) today announced a new investment program at its Pesquería industrial center in Mexico with the aim at broadening its value-added pr...