Ternium (TX) Scheduled to Post Earnings on Tuesday

Ternium (NYSE:TX) is scheduled to release its earnings data after the market closes on Tuesday, November 5th. Analysts expect Ternium to post earnings of $0.12 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Ternium Trading Up 0.4 %

Shares of TX stock opened at $34.23 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.57 and a current ratio of 2.74. Ternium has a 52-week low of $30.68 and a 52-week high of $44.44. The company has a market capitalization of $6.72 billion, a PE ratio of -9.70, a price-to-earnings-growth ratio of 0.20 and a beta of 1.77. The business’s fifty day moving average is $34.79 and its 200 day moving average is $37.31.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Ternium from a “buy” rating to a “hold” rating in a research report on Tuesday, October 8th. One analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $52.33.

Ternium Company Profile

Ternium SA, together with its subsidiaries, manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally. It operates through three segments: Steel, Mining, and Usiminas. The Steel segment offers slabs, hot and cold rolled products, coated products, roll formed and tubular products, bars, billets, and other products.