News articles about Ternium (NYSE:TX) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ternium earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave news coverage about the basic materials company an impact score of 46.2296691057418 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Separately, Zacks Investment Research lowered shares of Ternium from a “hold” rating to a “strong sell” rating in a research note on Saturday, November 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. Ternium presently has an average rating of “Hold” and an average target price of $30.50.
Shares of Ternium (NYSE TX) opened at $28.77 on Tuesday. The firm has a market capitalization of $5,667.40, a P/E ratio of 6.75 and a beta of 1.09. Ternium has a fifty-two week low of $22.17 and a fifty-two week high of $33.39. The company has a quick ratio of 0.68, a current ratio of 1.52 and a debt-to-equity ratio of 0.32.
Ternium (NYSE:TX) last issued its quarterly earnings results on Tuesday, October 31st. The basic materials company reported $0.99 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.33. Ternium had a return on equity of 15.49% and a net margin of 9.86%. The firm had revenue of $2.48 billion during the quarter, compared to the consensus estimate of $2.38 billion. During the same period last year, the company earned $1.17 earnings per share. The company’s revenue for the quarter was up 33.6% on a year-over-year basis. sell-side analysts predict that Ternium will post 3.98 EPS for the current fiscal year.
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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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