Ternium S.A. Ternium S.A. with ticker code (TX) have now 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 61 and 42 suggesting an average Analsyt target price of $50.14. Now with the previous closing price of $43.35 this indicates there is a potential upside of 15.7%. It’s also worth noting that there is a 50 day moving average of $41.51 and the 200 day MA is $34.51. The company has a market cap of $8,361m. Visit the company website at: https://www.ternium.com
The potential market cap would be $9,670m based on the market consensus.
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, steel decks, pre-engineered metal building systems, and pig iron products; and sells energy. The Mining segment sells iron ore and pellets. The company also provides medical and social; scrap; and engineering and other services, as well as operates as a distribution company. It serves various companies and small businesses in the construction, automotive, home appliances, packaging, transport, and energy industries. The company was founded in 1961 and is based in Luxembourg City, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.
The company has a dividend yield of 6.34% with the ex dividend date set at 4-5-2023 (DMY).
Other points of data to note are a P/E ratio of 6.17, revenue per share of 80.15 and a 7.35% return on assets.
