Press coverage about Ternium (NYSE:TX) has been trending somewhat positive on Monday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ternium earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave news coverage about the basic materials company an impact score of 44.708095823677 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

TX has been the subject of several research reports. Zacks Investment Research cut shares of Ternium from a “hold” rating to a “strong sell” rating in a research report on Saturday, November 4th. Morgan Stanley upgraded shares of Ternium from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, December 6th. Finally, Santander upgraded shares of Ternium from a “hold” rating to a “buy” rating in a research report on Monday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company’s stock. Ternium currently has an average rating of “Buy” and a consensus target price of $30.50.

Shares of Ternium (TX) traded up $0.78 during trading hours on Monday, hitting $30.78. 477,241 shares of the stock traded hands, compared to its average volume of 410,244. Ternium has a 12 month low of $22.17 and a 12 month high of $33.39. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.52. The firm has a market cap of $6,014.22, a PE ratio of 7.16 and a beta of 1.09.

Ternium (NYSE:TX) last issued its quarterly earnings results on Tuesday, October 31st. The basic materials company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.66 by $0.33. Ternium had a net margin of 9.86% and a return on equity of 15.49%. The company had revenue of $2.48 billion during the quarter, compared to analysts’ expectations of $2.38 billion. During the same quarter in the previous year, the company earned $1.17 EPS. Ternium’s revenue was up 33.6% on a year-over-year basis. sell-side analysts anticipate that Ternium will post 3.98 EPS for the current year.

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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.

Insider Buying and Selling by Quarter for Ternium (NYSE:TX)

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