Ternium (TX) Expected to Announce Quarterly Earnings on Tuesday

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

Ternium Stock Up 2.3 %

Shares of NYSE TX opened at $30.28 on Monday. The company has a current ratio of 2.92, a quick ratio of 1.67 and a debt-to-equity ratio of 0.11. Ternium has a 12 month low of $28.37 and a 12 month high of $44.44. The firm has a market capitalization of $5.94 billion, a PE ratio of 75.70, a price-to-earnings-growth ratio of 0.34 and a beta of 1.76. The firm has a fifty day simple moving average of $29.62 and a two-hundred day simple moving average of $32.69.

Analysts Set New Price Targets

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

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.