UP!
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Type
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Public company |
|---|---|
| Traded as | BCBA: ERAR NYSE: TX MERVAL component |
| Industry | Steel |
| Founded | 2005 |
| Headquarters | Luxembourg, Luxembourg City |
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Key people
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Paolo Rocca, Chairman Daniel Novegil, CEO |
| Products | Steel Cast iron Coke (fuel) Slag |
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Production output
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9.764 million tons of steel and 3.310 million tons of iron ore |
| Revenue |  US$7.224 billion (2016) |
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Operating income
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 US$1.141 billion (2016) |
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Net income
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US$0.706 billion (2016) |
| Total assets | US$8.322 billion (2016) |
| Total equity | US$5.166 billion (2016) |
| Owner | Techint (62%) Tenaris (11.0%) |
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Number of employees
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16,600 (December 31, 2013) |
| Website | Ternium |
Ternium is a manufacturer of flat and long steel products with production centers in Argentina, Mexico, Guatemala, Colombia and the United States. It is the leading steel company in Latin America with highly integrated processes to manufacture steel and value-added products. Along with Nippon Steel and Companhia Siderurgica Nacional, Ternium owns Usiminas of Brazil.
The company takes its name from the Latin words Ter (three) and Eternium (eternal) in reference to the integration of the three steel mills.
Ternium was formed in 2005 by the consolidation of three companies: Siderar of Argentina, Sidor of Venezuela and Hylsa of Mexico. Siderar was established by Argentine-based industrial conglomerate Techint in 1992 following the privatization of Somisa.
In 2007, Ternium acquired Grupo IMSA, thereby expanding its operations into Guatemala and the United States.
Ternium was listed on the NYSE on February 1, 2006.
Ternium's Venezuelan subsidiary, Sidor, was nationalized by the Venezuelan government following an April 2008 resolution of the National Assembly of Venezuela. This move followed a series of worker disputes over pay which had paralyzed the company. In early 2009, compensation of US$1.65 billion was agreed on for the nationalization of Ternium's 59.7% stake, with Ternium keeping a 10% stake in the company.
| Period | Date | Adjusted Actuals EPS | GAAP EPS |
|---|---|---|---|
| Q3 2022 | 2022-10-31 | Future report Set alerts | |
| Q2 2022 | 2022-08-02 | 4.07 | 4.07 |
| Q1 2022 | 2022-04-26 | 3.95 | 3.95 |
| Q4 2021 | 2022-02-15 | 5.08 | 5.08 |
| Q3 2021 | 2021-11-02 | 6.12 | 6.12 |
| Q2 2021 | 2021-08-03 | 5.21 | 5.21 |
| Q1 2021 | 2021-04-27 | 3.07 | 3.07 |
| Q4 2020 | 2021-02-23 | 2.11 | 2.11 |
| Q3 2020 | 2020-11-03 | 0.00 | 0.00 |
| Q2 2020 | 2020-08-04 | 0.22 | 0.22 |
| 2016-07-07 | Boost Price Target | JPMorgan Chase & Co. | Overweight | $24.00 to $27.00 |
| 2016-05-13 | Initiated Coverage | HSBC | Buy | |
| 2016-05-09 | Downgrade | Morgan Stanley | Overweight to Equal Weight | $20.00 |
| 2016-02-26 | Boost Price Target | Goldman Sachs | $18.20 to $18.60 | |
| 2016-02-26 | Boost Price Target | Goldman Sachs Group Inc. | $18.20 to $18.60 | |
| 2016-02-24 | Upgrade | Citigroup Inc. | Neutral to Buy | $21.00 |
| 2015-12-07 | Upgrade | Morgan Stanley | Equal Weight to Overweight | $25.90 to $20.00 |
| 2015-08-26 | Lower Price Target | Scotiabank | $25.00 to $24.00 | |
| 2015-08-10 | Initiated Coverage | Goldman Sachs | Buy | $18.50 |
| 2015-06-30 | Upgrade | JPMorgan Chase & Co. | Neutral to Overweight | $23.00 |
| 2015-06-29 | Downgrade | Bank of America | Buy to Neutral | $23.00 to $21.00 |
| 2015-06-29 | Downgrade | Bank of America Corp. | Buy to Neutral | $23.00 to $21.00 |
| 2015-06-12 | Boost Price Target | Credit Suisse | Neutral | $20.00 to $21.00 |
| 2015-06-12 | Boost Price Target | Credit Suisse Group AG | Neutral | $20.00 to $21.00 |
| 2015-04-01 | Lower Price Target | JPMorgan Chase & Co. | Neutral | $24.50 to $21.00 |
| 2015-01-23 | Upgrade | Goldman Sachs | Sell to Neutral | |
| 2014-10-16 | Downgrade | JPMorgan Chase & Co. | Overweight to Neutral | $32.00 to $24.50 |
| 2014-09-17 | Boost Price Target | Goldman Sachs | $23.50 to $26.60 | |
| 2014-09-08 | Upgrade | JPMorgan Chase & Co. | Neutral to Overweight | $29.00 to $32.00 |
| 2014-08-04 | Downgrade | Goldman Sachs | Neutral to Sell | |
| 2014-07-03 | Reiterated Rating | Morgan Stanley | Equal Weight | $30.20 to $29.90 |
| 2014-05-30 | Upgrade | Morgan Stanley | Equal Weight | $30.50 to $30.20 |
| 2014-04-16 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $29.00 |
| 2014-03-28 | Downgrade | Morgan Stanley | Overweight to Equal Weight | $31.60 to $31.00 |
| 2013-11-26 | Boost Price Target | HSBC | Neutral | $24.00 to $28.00 |
| 2013-10-17 | Downgrade | Bank of America | Neutral | |
| 2013-10-03 | Upgrade | Morgan Stanley | Equal Weight to Overweight | $25.20 to $31.60 |
| 2012-03-13 | Reiterated | Barclays Capital | Overweight | $24 to $26 |
| 2011-05-24 | Downgrade | Deutsche Bank | Buy to Hold | $49 to $44 |
| 2010-01-29 | Downgrade | Barclays Capital | Overweight to Equal Weight | $36 to $38 |
| 2009-11-12 | Upgrade | Citigroup | Hold to Buy | |
| 2009-11-06 | Upgrade | Barclays Capital | Equal Weight to Overweight | |
| 2008-11-07 | Downgrade | Citigroup | Buy to Hold | |
| 2007-01-23 | Downgrade | UBS | Buy to Neutral |
| 2016-07-07 | Boost Price Target | JPMorgan Chase & Co. | Overweight | $24.00 to $27.00 |
| 2016-05-13 | Initiated Coverage | HSBC | Buy | |
| 2016-05-09 | Downgrade | Morgan Stanley | Overweight to Equal Weight | $20.00 |
| 2016-02-26 | Boost Price Target | Goldman Sachs | $18.20 to $18.60 | |
| 2016-02-26 | Boost Price Target | Goldman Sachs Group Inc. | $18.20 to $18.60 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In TX 103 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| ACADIAN ASSET MANAGEMENT LLC | 4.61M |
| LAZARD ASSET MANAGEMENT LLC | 2.85M |
| Investec Asset Management LTD | 1.34M |
| PRUDENTIAL PLC | 0.96M |
| Marshall Wace North America, L.P. | 0.90M |
| CONTRARIAN CAPITAL MANAGEMENT, L.L.C. | 0.90M |
| Oldfield Partners LLP | 0.59M |
| PIONEER INVESTMENT MANAGEMENT INC | 0.52M |
| Investec Asset Management North America, Inc. | 0.48M |
| OAKTREE CAPITAL MANAGEMENT LP | 0.45M |
| MORGAN STANLEY | 0.40M |
| CITADEL ADVISORS LLC | 0.37M |
| RENAISSANCE TECHNOLOGIES LLC | 0.36M |
| RUSSELL FRANK CO/ | 0.32M |
| PICTET ASSET MANAGEMENT LTD | 0.31M |
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