Ternium S.A. (NYSE:TX) to Release Quarterly Earnings on Tuesday

Ternium S.A. (NYSE:TX) will be issuing its quarterly earnings data after the market closes on Tuesday, August 1st. Analysts expect the company to announce earnings of $0.86 per share for the quarter.

Ternium S.A. (TX) opened at 30.34 on Friday. The company has a 50-day moving average of $27.83 and a 200-day moving average of $25.82. Ternium S.A. has a 52-week low of $18.29 and a 52-week high of $31.88. The company has a market cap of $5.96 billion, a P/E ratio of 7.81 and a beta of 1.06.

TX has been the subject of a number of recent research reports. Zacks Investment Research lowered shares of Ternium from a “buy” rating to a “hold” rating in a research note on Tuesday, May 30th. BidaskClub lowered shares of Ternium from a “hold” rating to a “sell” rating in a research note on Thursday, June 22nd. Finally, J P Morgan Chase & Co restated an “overweight” rating and set a $35.00 price target (up previously from $33.00) on shares of Ternium in a research note on Friday, July 21st. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $30.50.

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About Ternium

Ternium SA is a producer of steel products. The Company produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers, steel processors or end users. The Company operates through two segments: Steel and Mining. The Steel segment includes the sales of steel products and the Mining segment includes the sales of iron ore products, which are primarily inter-company.

Earnings History for Ternium (NYSE:TX)

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