Ternium (TX) Expected to Announce Earnings on Tuesday

Ternium (NYSE:TX) will likely be posting its quarterly earnings results after the market closes on Tuesday, February 18th. Analysts expect Ternium to post earnings of $0.97 per share and revenue of $4.18 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Ternium Price Performance

Shares of NYSE:TX opened at $30.60 on Tuesday. The firm’s 50 day simple moving average is $29.79 and its two-hundred day simple moving average is $32.85. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.92 and a quick ratio of 1.67. The company has a market capitalization of $6.01 billion, a P/E ratio of 76.50, a P/E/G ratio of 0.34 and a beta of 1.76. Ternium has a 1-year low of $28.37 and a 1-year high of $44.44.

Analyst Ratings Changes

TX has been the subject of several recent analyst reports. The Goldman Sachs Group dropped their target price on shares of Ternium from $45.00 to $39.00 and set a “buy” rating for the company in a report on Thursday, February 6th. StockNews.com lowered Ternium from a “buy” rating to a “hold” rating in a research note on Thursday, November 14th.

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.