Ternium S.A. (TX)
NYSE: TX · IEX Real-Time Price · USD
42.92
+0.22 (0.52%)
Apr 18, 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 50.83, with a low estimate of 47 and a high estimate of 54. The average target predicts an increase of 18.43% from the current stock price of 42.92.
Analyst Consensus: Strong Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 1 | 2 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $49 → $54 | Strong Buy | Maintains | $49 → $54 | +25.82% | Apr 4, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $48 → $52 | Buy | Maintains | $48 → $52 | +19.99% | Mar 21, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $47 | Hold → Strong Buy | Upgrades | $47 | +9.51% | Nov 20, 2023 |
| JP Morgan | JP Morgan | Buy Maintains $52 → $53 | Buy | Maintains | $52 → $53 | +23.49% | Aug 21, 2023 |
| JP Morgan | JP Morgan | Buy Maintains $50 → $53 | Buy | Maintains | $50 → $53 | +22.32% | Jun 30, 2023 |
Financial Forecast
Revenue This Year
19.96B
from 19.03B
Increased by 4.91%
Revenue Next Year
20.99B
from 19.96B
Increased by 5.15%
EPS This Year
7.59
from 3.72
Increased by 104.11%
EPS Next Year
7.51
from 7.59
Decreased by -1.13%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.1B | 24.4B | 22.4B |
| Avg | 20.0B | 21.0B | 21.0B |
| Low | 17.7B | 18.2B | 18.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.0% | 22.2% | 6.8% |
| Avg | 4.9% | 5.1% | -0.1% |
| Low | -6.9% | -8.8% | -10.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.66 | 9.79 | 8.51 |
| Avg | 7.59 | 7.51 | 6.92 |
| Low | 6.07 | 5.74 | 5.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 132.9% | 28.9% | 13.3% |
| Avg | 104.1% | -1.1% | -7.8% |
| Low | 63.1% | -24.4% | -24.0% |
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.