On May 16, 2018 Ternium S.A (TX) Upgraded By Credit Suisse From Neutral.

May 16, 2018 - By Darrel Chase

Ternium S.A. (NYSE:TX) Corporate Logo

Credit Suisse Increased Ternium S.A (TX)’s Stock Rating to Outperform.

On Tuesday morning expert analysts at Credit Suisse increased Ternium S.A (TX)‘s shares rating to Outperform from Neutral. TX’s rating change was published in a research note.

The stock increased 2.19% or $0.885 during the last trading session, hitting $41.325.Ternium S.A. has volume of 344,536 shares. Since May 16, 2017 TX has risen 22.18% and is uptrending. The stock outperformed the S&P500 by 10.63%.

Investors wait Ternium S.A. (NYSE:TX)’s quarterly earnings on August, 7., Faxor reports. Analysts have expectation on stock’s earnings per share of $1.74. That’s up 37.01 % from last year’s $1.27 earnings per share. In case of $1.74 earnings per share TX’s profit could be $341.56M. After $1.87 EPS report previous quarter, Wall Street now predicts -6.95 % negative EPS growth of Ternium S.A..

Ternium S.A., through its subsidiaries, makes and processes various steel products in Mexico, Argentina, Paraguay, Chile, Bolivia, Uruguay, Brazil, the United States, Colombia, Guatemala, Costa Rica, Honduras, El Salvador, and Nicaragua.The firm is valued at $8.11 billion. It operates in two divisions, Steel and Mining.9.15 is the P/E ratio. The Steel segment offers steel products, including slabs, billets and round bars, hot-rolled coils and sheets, bars and stirrups, wire rods, cold-rolled coils and sheets, tin plates, hot dipped galvanized and electrogalvanized sheets and pre-painted sheets, steel pipes and tubular products, beams, and roll formed products, as well as other products, such as pig iron.

For more Ternium S.A. (NYSE:TX) news posted recently go to: Globenewswire.com, Benzinga.com, Finance.Yahoo.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Ternium Files 2017 Form 20-F” posted on April 24, 2018, “Benzinga’s Top Upgrades, Downgrades For May 15, 2018” on May 15, 2018, “Only 3 Days Left To Cash In On Ternium SA. (NYSE:TX) Dividend, Is It Worth Buying?” with a publish date: May 01, 2018, “Stronger Than Steel And Cheaper” and the last “Ternium’s (TX) CEO Maximo Vedoya on Q1 2018 Results – Earnings Call Transcript” with publication date: April 29, 2018.

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