Headquartered in 26 Boulevard Royal, Luxembourg Fiscal year ends December NYSE: TX ternium.com
Ternium S.A. is a steel producer in the Americas. It supplies flat and other advanced steel products to manufacturing industries and the construction sector.
The company reports two segments:
- **Steel:** Sales across Mexico, Brazil, the Southern Region (mainly Argentina, through its 62.6%-owned Ternium Argentina) and Other Markets.
- **Mining:** Iron ore operations, including Mineração Usiminas in Brazil, which sell both to third parties and intercompany.
Ternium consolidates Usiminas in Brazil, where a 62.5% non-controlling interest exists. It holds a 70% participation in Unigal. It is building a new slab mill at its Pesquería industrial center in Mexico to deepen vertical integration.
In Mexico, Ternium is gaining share by replacing imported steel in commercial and industrial markets. It also invests in low-carbon steelmaking technologies. Its ADSs, each representing 10 common shares, trade on the NYSE. Updated
The 26% earnings miss is almost entirely below the line, driven by non-operating charges including deferred tax from peso depreciation. Underneath, adjusted EBITDA rose 10% sequentially and management guided fourth-quarter EBITDA broadly flat, with a $0.90 per ADS interim dividend paying November 17.
Building Wealth with Dividend Growth Investing Dividend growth investing offers a powerful strategy for building long-term wealth, providing a reliable income stream for a comfortable retirement. By selecting companies with a history…
The artificial intelligence rally over the past year and a half, led by the so-called Magnificent 7, has been remarkable if you owned those stocks. However, most of the S&P 500 is…
Dividend stocks are a favorite among investors for good reason. They provide a steady income stream and offer a promising avenue for total return. Total return, a comprehensive measure of investment performance,…
In 2023, inflation caused many price increases across the board, with food prices increasing an average of 5.8% overall. For those who have investable asset liquidity, adjusting a portfolio to add or…
Tuesday's top analyst upgrades and downgrades included Bill, Carnival, CenterPoint Energy, Editas Medicine, International Paper, Oracle, Palantir Technologies, Petrobras, SentinelOne, Trade Desk, Valvoline and Walmart.
Friday's top analyst upgrades and downgrades included Advanced Micro Devices, Asana, Etsy, Exact Sciences, Guardant Health, Hilton Worldwide, Meta Platforms, MongoDB, Salesforce, ServiceNow, Sysco and Teladoc Health.
Thursday's top analyst upgrades and downgrades included Advanced Micro Devices, Amazon.com, Amgen, Corning, Edison International, Electronic Arts, Foot Locker, General Mills, Mattel, NXP Semiconductors, Shopify, Snap and Waste Management.
Tuesday's top analyst upgrades and downgrades included Advanced Micro Devices, Altice USA, Apple, CrowdStrike, First Energy, Lucid, Netflix, Qualcomm, Seagate Technology, Shopify, Skyworks Solutions, Tesla, Wayfair, Western Digital, Workday and Zoom Video…
Tuesday's top analyst upgrades and downgrades included Broadcom, Ciena, Deere, FedEx, IMAX, Ironwood Pharmaceuticals, Lululemon Athletica, LyondellBasell Industries, Nvidia and Starbucks.
Monday’s top analyst upgrades and downgrades included Affirm, AstraZeneca, Broadcom, Centene, Dell Technologies, Dollar General, Marvell Technology, Medical Properties Trust, Tesla, Ulta Beauty, Union Pacific and Workday.
Many investors remain very nervous as they look to next year and start to reset portfolios. These four top companies are executing well and their stocks have very solid upside to Goldman…
Wednesday's top analyst upgrades and downgrades included Baidu, BigCommerce, Boeing, Ciena, Deere, GoodRx, Kohl's, ONEOK, Tesla and Walmart.
The top analyst upgrades, downgrades and other research calls from Tuesday include CBS, Ford, Pivotal Software, Spotify, Symantec and Ulta Beauty.
Additional large refineries are likely to be shut due to Harvey, United Technologies may buy Rockwell Collins, Warren Buffett converted warrants in Bank of America, and more important headlines.
Ternium S.A. is a steel producer in the Americas. It supplies flat and other advanced steel products to manufacturing industries and the construction sector.
24/7 Wall St.'s 12-month price target for TX is $49.11, rated Hold. The Wall Street consensus target is $61.50. TX price prediction →
