Ternium S.A. (TX)

NYSE: TX · IEX Real-Time Price · USD
38.53
+0.03 (0.08%)
Dec 6, 2023, 4:00 PM EST - Market closed
0.08%
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]

Industry Steel
Sector Materials
IPO Date Feb 1, 2006
Employees 20,510
Stock Exchange NYSE
Ticker Symbol TX
Full Company Profile

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 Statements

Analyst 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.

Price Target
$49.33
(28.03% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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.

5 weeks 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.

4 months ago - Accesswire

Ternium Releases Sustainability Report 2022

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

5 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.

5 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 ...

6 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
6 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.

7 months 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.

8 months 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...

8 months 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...

9 months ago - Accesswire

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.

9 months 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.

10 months 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...

1 year 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.

1 year 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.

1 year 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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire