Ternium (NYSE:TX) is set to issue its quarterly earnings data after the market closes on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.95 per share for the quarter.
Ternium (NYSE TX) opened at $34.07 on Tuesday. Ternium has a fifty-two week low of $22.22 and a fifty-two week high of $36.00. The stock has a market capitalization of $6,617.65, a price-to-earnings ratio of 7.88, a PEG ratio of 1.14 and a beta of 1.15. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.52 and a quick ratio of 0.68.
TX has been the topic of a number of analyst reports. Zacks Investment Research downgraded Ternium from a “hold” rating to a “strong sell” rating in a report on Saturday, November 4th. Morgan Stanley upgraded Ternium from an “equal weight” rating to an “overweight” rating in a report on Wednesday, December 6th. Santander upgraded Ternium from a “hold” rating to a “buy” rating in a report on Monday, December 18th. ValuEngine upgraded Ternium from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 13th. Finally, Scotiabank set a $43.00 price target on Ternium and gave the company a “buy” rating in a report on Thursday, February 8th. Three investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $33.08.
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Ternium SA is a producer of steel products. The Company produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers, steel processors or end users. The Company operates through two segments: Steel and Mining. The Steel segment includes the sales of steel products and the Mining segment includes the sales of iron ore products, which are primarily inter-company.
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