News stories about Ternium (NYSE:TX) have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ternium earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the basic materials company an impact score of 45.2488124662051 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
A number of research analysts have weighed in on the company. Zacks Investment Research lowered Ternium from a “hold” rating to a “sell” rating in a report on Tuesday, April 3rd. ValuEngine upgraded Ternium from a “buy” rating to a “strong-buy” rating in a report on Monday, April 2nd. Scotiabank set a $43.00 price target on Ternium and gave the stock a “buy” rating in a report on Thursday, February 8th. Finally, Santander upgraded Ternium from a “hold” rating to a “buy” rating in a report on Monday, December 18th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $34.25.
Shares of NYSE TX traded down $0.47 during trading on Friday, hitting $35.99. 98,329 shares of the company were exchanged, compared to its average volume of 232,088. Ternium has a 12-month low of $22.78 and a 12-month high of $39.48. The company has a quick ratio of 0.65, a current ratio of 1.55 and a debt-to-equity ratio of 0.31. The firm has a market cap of $7,309.28, a PE ratio of 7.98 and a beta of 1.15.
Ternium (NYSE:TX) last posted its quarterly earnings results on Tuesday, February 20th. The basic materials company reported $0.92 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.03). Ternium had a return on equity of 15.65% and a net margin of 9.28%. The company had revenue of $2.77 billion for the quarter, compared to analysts’ expectations of $2.57 billion. During the same quarter in the prior year, the firm earned $0.60 EPS. The firm’s revenue was up 49.5% on a year-over-year basis. research analysts expect that Ternium will post 4.18 EPS for the current year.
The business also recently declared an annual dividend, which will be paid on Tuesday, May 15th. Stockholders of record on Monday, May 7th will be issued a dividend of $1.10 per share. This represents a dividend yield of 3.28%. The ex-dividend date of this dividend is Friday, May 4th. This is a positive change from Ternium’s previous annual dividend of $0.90. Ternium’s payout ratio is currently 22.17%.
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Ternium Company Profile
Ternium SA manufactures and processes various steel products in Mexico, Argentina, Bolivia, Chile, Paraguay, Uruguay, Colombia, the United States, Central America, and internationally. The company operates in two segments, Steel and Mining. The Steel segment offers steel products, such as slabs, billets and round bars, hot-rolled coils and sheets, bars and stirrups, wire rods, cold-rolled coils and sheets, tin plates, hot dipped galvanized and electrogalvanized sheets, pre-painted sheets, steel pipes and tubular products, beams, roll formed products, and other products.
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