Ternium Shares Surge Past Analyst Consensus

Ternium's stock has been on a remarkable upward trajectory, with its current trading price sitting well above the average target set by market analysts. This divergence highlights a significant gap between the market's bullish sentiment and the more cautious stance maintained by many professional brokers, who largely recommend holding the position. While the steel producer's shares show strong technical chart patterns, this valuation disconnect is prompting warnings from several quarters.

The equity recently achieved a new 52-week high of €37.40, cementing its positive momentum. This sustained rally has pushed the share price to a premium relative to standard valuation models. Trading with a price-to-earnings (P/E) ratio of approximately 14.4 and positioned above key moving averages, the technical outlook remains favorable. However, analyst opinion is divided. Some commentators emphasize the company's long-term potential, while others advise investors to consider taking profits at these elevated levels.

Key Financial Data:
* 52-Week High: €37.40 (reached on 02 February 2026)
* Dividend Yield: Approximately 6.6%
* P/E Ratio: Approximately 14.4
* 14-Day RSI: 45.5

Should investors sell immediately? Or is it worth buying Ternium?

A Dividend Edge Over Peers

For income-focused investors, Ternium presents a distinct profile compared to its industry peer, Tenaris. With an anticipated dividend yield of around 6.6%, Ternium offers a notably higher income return than Tenaris, which yields roughly 4.2%. This advantage comes at a cost, as Ternium commands a higher earnings multiple than its rival. Investors are, therefore, paying a premium for both the superior dividend and the recent share price strength.

The critical question is whether the company's operational performance can sustainably justify this valuation level. The answer will largely depend on Ternium's strategic direction and capital investment projects, which are central to the steelmaker's growth narrative.

Upcoming Quarterly Report in Focus

All eyes will be on Ternium's fourth-quarter 2025 financial results, scheduled for release on 17 February 2026. This report will be pivotal in determining if operational metrics—particularly sales volumes in the crucial Mexican market—can support the current share price. Market participants will also scrutinize updates on capital expenditure (CapEx), which will provide insights into the company's projected growth trajectory.