Ternium (TX) Projected to Post Quarterly Earnings on Tuesday

Ternium (NYSE:TX) is projected to post 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. Investors that are interested in participating in the company’s conference call can do so using this link.

Ternium Stock Performance

Shares of Ternium stock opened at $30.28 on Friday. The stock’s fifty day moving average is $29.62 and its two-hundred day moving average is $32.70. The company 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 company has a quick ratio of 1.67, a current ratio of 2.92 and a debt-to-equity ratio of 0.11. Ternium has a 52 week low of $28.37 and a 52 week high of $44.44.

Wall Street Analyst Weigh In

TX has been the subject of several research reports. StockNews.com cut Ternium from a “buy” rating to a “hold” rating in a report on Thursday, November 14th. The Goldman Sachs Group decreased their price target on 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.