Ternium (TX) Given Daily Media Impact Score of 0.13
Headlines about Ternium (NYSE:TX) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ternium earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 47.1193779489778 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Ternium (NYSE TX) opened at 31.01 on Wednesday. The firm has a 50-day moving average of $31.35 and a 200-day moving average of $28.58. Ternium has a 12-month low of $21.62 and a 12-month high of $33.39. The firm has a market capitalization of $6.09 billion, a PE ratio of 7.09 and a beta of 1.08.
Ternium (NYSE:TX) last issued its quarterly earnings data on Tuesday, October 31st. The basic materials company reported $0.99 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.48. Ternium had a net margin of 11.05% and a return on equity of 16.61%. The business had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.38 billion. During the same period in the prior year, the business earned $1.17 EPS. The company’s revenue for the quarter was up 33.6% on a year-over-year basis. Equities analysts anticipate that Ternium will post $4.15 earnings per share for the current year.
A number of equities analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Ternium from a “buy” rating to a “hold” rating in a research note on Saturday, August 5th. Credit Suisse Group reissued a “hold” rating and set a $24.00 target price on shares of Ternium in a research note on Thursday, August 3rd. BidaskClub downgraded shares of Ternium from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Finally, J P Morgan Chase & Co reissued an “overweight” rating and set a $35.00 target price (up previously from $33.00) on shares of Ternium in a research note on Friday, July 21st. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $30.50.
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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.
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