Ternium Beaten Up, But The Quality Is Still There [Seeking Alpha]
Ternium S.A. Ternium S.A. American Depositary Shares (each representing ten shares, USD1.00 par value) (TX)
Last ternium s.a. ternium s.a. american depositary shares (each representing ten shares, usd1.00 par value) earnings: 4/28 04:15 pm
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US:NYSE Investor Relations:
prod3w-br.ternium.com/en/centro-de-inversores
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Source: Seeking Alpha
Ternium Beaten Up, But The Quality Is Still There Summary Ternium has been pressured by lackluster demand growth in Mexico, ongoing economic issues in Argentina, and rising costs across its operations. Demand growth isn't likely to be a big driver in 2019, but longer-term opportunities remain in import substitution and lifting Section 232 tariffs should improve Mexican steel prices. Ternium shares look to be pricing in a bleak outlook and the quality of the company across past cycles argues for more benefit of the doubt. The six months since my last article TX Macro factors remain my biggest worry with Ternium, as construction activity has yet to turn in Mexico and Argentina’s “recovery” is at best looking like a drawn-out process. Improving demand in Brazil should help, but global weakness in the auto industry remains a point of pressure for the company. Given Ternium’s excellent margins (even in comparison to leaders like Nucor NUE Steel Dynamics STLD Lackluster Results On Fading Pr
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News
- Is Ternium S.A. (TX) One of The Best Materials Stocks to Buy Right Now? [Yahoo! Finance]Yahoo! Finance
- Ternium S.A. (NYSE: TX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Ternium SA (TX) Q3 2024 Earnings Call Highlights: Record Shipments and Strategic Investments ... [Yahoo! Finance]Yahoo! Finance
- Ternium S.A. (NYSE: TX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Ternium Announces Third Quarter and First Nine Months of 2024 ResultsAccesswire
TX
Earnings
- 11/5/24 - Beat
TX
Sec Filings
- 11/7/24 - Form 6-K/A
- 11/6/24 - Form 6-K
- 11/5/24 - Form 6-K
- TX's page on the SEC website