Ternium (NYSE:TX - Get Free Report) will be announcing its earnings results after the market closes on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.12 per share for the quarter.
Ternium (NYSE:TX - Get Free Report) last released its quarterly earnings data on Tuesday, July 30th. The basic materials company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of $1.25 by ($1.36). Ternium had a negative net margin of 3.57% and a positive return on equity of 6.08%. The firm had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.57 billion. During the same quarter in the prior year, the company earned $3.19 EPS. Ternium's quarterly revenue was up 16.6% on a year-over-year basis. On average, analysts expect Ternium to post $4 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Ternium Trading Down 0.1 %
Shares of TX traded down $0.04 during trading hours on Thursday, reaching $34.02. The stock had a trading volume of 77,935 shares, compared to its average volume of 207,978. The company has a quick ratio of 1.57, a current ratio of 2.74 and a debt-to-equity ratio of 0.09. Ternium has a 52 week low of $30.68 and a 52 week high of $44.44. The firm has a 50-day moving average of $34.78 and a 200 day moving average of $37.40. The company has a market cap of $6.68 billion, a P/E ratio of -9.65, a P/E/G ratio of 0.21 and a beta of 1.77.
Analysts Set New Price Targets
Separately, StockNews.com cut shares of Ternium from a "buy" rating to a "hold" rating in a research report on Tuesday, October 8th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $52.33.
Check Out Our Latest Report on Ternium
Ternium Company Profile
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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.
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