Ternium (TX) Set to Announce 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. Individual interested in registering for the company’s earnings conference call can do so using this link.

Ternium Trading Up 0.4 %

NYSE TX opened at $34.23 on Monday. Ternium has a 12 month low of $30.68 and a 12 month high of $44.44. The company’s 50-day moving average price is $34.79 and its 200-day moving average price is $37.28. The stock has a market cap of $6.72 billion, a PE ratio of -9.70, a PEG ratio of 0.20 and a beta of 1.77. The company has a current ratio of 2.74, a quick ratio of 1.57 and a debt-to-equity ratio of 0.09.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Ternium from a “buy” rating to a “hold” rating in a research note on Tuesday, October 8th. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Ternium has an average rating of “Moderate Buy” and an average price target of $52.33.

About Ternium

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.