Ternium (TX) Projected to Post Earnings on Tuesday

Ternium (NYSE:TX - Get Free Report) 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. Individual that are interested in registering for the company's earnings conference call can do so using this link.

Ternium Stock Performance

NYSE:TX traded up $0.67 during trading hours on Friday, hitting $30.28. 231,645 shares of the company traded hands, compared to its average volume of 238,145. The stock has a market capitalization of $5.94 billion, a price-to-earnings ratio of 75.70, a P/E/G ratio of 0.34 and a beta of 1.76. Ternium has a twelve month low of $28.37 and a twelve month high of $44.44. The firm has a 50-day moving average of $29.62 and a 200 day moving average of $32.72. The company has a current ratio of 2.92, a quick ratio of 1.67 and a debt-to-equity ratio of 0.11.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. The Goldman Sachs Group cut their target price 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. StockNews.com cut shares of Ternium from a "buy" rating to a "hold" rating in a research report on Thursday, November 14th.

Ternium Company Profile

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.