Media headlines about Ternium (NYSE:TX) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ternium earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news coverage about the basic materials company an impact score of 45.3019903632665 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
A number of research analysts have weighed in on TX shares. Zacks Investment Research upgraded shares of Ternium from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a research report on Saturday, January 6th. ValuEngine upgraded shares of Ternium from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 13th. Santander upgraded shares of Ternium from a “hold” rating to a “buy” rating in a report on Monday, December 18th. Morgan Stanley upgraded shares of Ternium from an “equal weight” rating to an “overweight” rating in a report on Wednesday, December 6th. Finally, Scotiabank set a $43.00 price target on shares of Ternium and gave the stock a “buy” rating in a report on Thursday, February 8th. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. Ternium currently has an average rating of “Buy” and a consensus target price of $34.25.
Ternium (NYSE:TX) traded down $0.02 during midday trading on Friday, hitting $34.12. 202,812 shares of the stock were exchanged, compared to its average volume of 466,282. The company has a current ratio of 1.55, a quick ratio of 0.65 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $6,840.00, a PE ratio of 7.60 and a beta of 1.10. Ternium has a 12-month low of $22.78 and a 12-month high of $39.48.
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Ternium Company Profile
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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