Ternium S.A. (TX)

NYSE: TX · IEX Real-Time Price · USD
42.87
+0.27 (0.63%)
Apr 15, 2024, 4:00 PM EDT - Market closed
0.63%
Market Cap 8.42B
Revenue (ttm) 17.63B
Net Income (ttm) 676.04M
Shares Out 196.31M
EPS (ttm) 3.33
PE Ratio 12.53
Forward PE 4.01
Dividend $2.90 (6.77%)
Ex-Dividend Date Nov 10, 2023
Volume 453,278
Open 43.02
Previous Close 42.60
Day's Range 42.53 - 43.42
52-Week Range 35.22 - 45.58
Beta 1.66
Analysts Strong Buy
Price Target 50.83 (+18.57%)
Earnings Date Apr 24, 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 $19.03 billion, an increase of 15.93% 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 $50.83, which is an increase of 18.57% from the latest price.

Price Target
$50.83
(18.57% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

19 days ago - Accesswire

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.

4 weeks ago - Accesswire

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.

7 weeks ago - Accesswire

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.

5 months ago - Accesswire

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.

9 months ago - Accesswire

Ternium Releases Sustainability Report 2022

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

9 months ago - Accesswire

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.

10 months ago - Accesswire

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 ...

10 months ago - Accesswire

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...

Other symbols: IFFDOW
10 months ago - Benzinga

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.

1 year ago - Accesswire

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.

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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.

1 year ago - Accesswire

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.

1 year ago - Accesswire

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.

1 year ago - Reuters

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.

1 year ago - Reuters

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.

1 year ago - Accesswire

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...

1 year ago - GuruFocus

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 ...

Other symbols: CIVIGBXHMC
1 year ago - GuruFocus

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...

1 year ago - Accesswire

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...

2 years ago - Accesswire

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.

2 years ago - Reuters

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.

2 years ago - Accesswire

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...

2 years ago - Accesswire