Ternium S.A. ADR (NYSE: TX) is -5.88% lower on its value in year-to-date trading and has touched a low of $24.00 and a high of $44.25 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TX stock was last observed hovering at around $27.20 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $27.37, the stock is -5.53% and -8.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing 0.63% at the moment leaves the stock -15.98% off its SMA200. TX registered -35.37% loss for a year compared to 6-month loss of -21.51%. The firm has a 50-day simple moving average (SMA 50) of $29.9788 and a 200-day simple moving average (SMA200) of $32.5763.
The stock witnessed a -16.99% gain in the last 1 month and extending the period to 3 months gives it a -5.62%, and is 5.96% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.26% over the week and 4.47% over the month.
Ternium S.A. ADR (TX) has around 33949 employees, a market worth around $5.37B and $17.48B in sales. Fwd P/E is 4.79. Profit margin for the company is -0.31%. Distance from 52-week low is 14.04% and -38.15% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.39%).
with sales reaching $3.91B over the same period.The EPS is expected to grow by 1882.61% this year, but quarterly earnings will post -1.91% year-over-year. Quarterly sales are estimated to shrink -18.27% in year-over-year returns.
178.0 institutions hold shares in Ternium S.A. ADR (TX), with institutional investors hold 15.90% of the company’s shares. The shares outstanding are 196.31M, and float is at 196.30M with Short Float at 0.56%. Institutions hold 15.90% of the Float.
The top institutional shareholder in the company is RUSSELL INVESTMENTS GROUP, LTD. with over 0.72 million shares valued at $26.89 million. The investor’s holdings represent 0.3654 of the TX Shares outstanding. As of 2024-06-30, the second largest holder is VICTORY CAPITAL MANAGEMENT INC with 0.67 million shares valued at $25.1 million to account for 0.3405 of the shares outstanding. The other top investors are LAZARD ASSET MANAGEMENT LLC which holds 4.37 million shares representing 0.2228 and valued at over $164.23 million, while ACADIAN ASSET MANAGEMENT LLC holds 0.1274 of the shares totaling 2.5 million with a market value of $93.87 million.
