Ternium S.A. (TX)
NYSE: TX · IEX Real-Time Price · USD
37.46
+0.55 (1.49%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Ternium Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Ternium stock have an average target of 52.33, with a low estimate of 47 and a high estimate of 56. The average target predicts an increase of 39.70% from the current stock price of 37.46.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 28, 2024.
Analyst Ratings
The average analyst rating for Ternium stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 1 | 2 | 2 | 2 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 2 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $54 → $56 | Buy | Maintains | $54 → $56 | +49.49% | May 28, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $49 → $54 | Strong Buy | Maintains | $49 → $54 | +44.15% | Apr 4, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $48 → $52 | Buy | Maintains | $48 → $52 | +37.48% | Mar 21, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $47 | Hold → Strong Buy | Upgrades | $47 | +25.47% | Nov 20, 2023 |
| JP Morgan | JP Morgan | Buy Maintains $52 → $53 | Buy | Maintains | $52 → $53 | +41.48% | Aug 21, 2023 |
Financial Forecast
Revenue This Year
19.65B
from 19.03B
Increased by 3.26%
Revenue Next Year
20.00B
from 19.65B
Increased by 1.78%
EPS This Year
7.73
from 3.72
Increased by 107.78%
EPS Next Year
7.89
from 7.73
Increased by 2.04%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.3B | 22.3B | 23.4B |
| Avg | 19.6B | 20.0B | 20.8B |
| Low | 18.0B | 18.0B | 18.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.7% | 13.4% | 16.8% |
| Avg | 3.3% | 1.8% | 4.0% |
| Low | -5.4% | -8.4% | -6.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.45 | 11.81 | 8.21 |
| Avg | 7.73 | 7.89 | 7.26 |
| Low | 6.04 | 6.00 | 6.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 180.8% | 52.8% | 4.1% |
| Avg | 107.8% | 2.0% | -7.9% |
| Low | 62.4% | -22.4% | -18.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.