×
1.40091233391187E-16 1.40091233391187E-16 1.40091233391187E-16 1.40091233391187E-16 1.40091233391187E-16 1.40091233391187E-16 1.40091233391187E-16 1.40091233391187E-16
Stockreport

Ternium Beaten Up, But The Quality Is Still There [Seeking Alpha]

Ternium (TX)  More Company Research Source: Seeking Alpha
Last ternium earnings: 5/2 06:30 am Check Earnings Report
US:NYSE Investor Relations: prod3w-br.ternium.com/en/centro-de-inversores
PDF 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 [Read more]

IMPACT SNAPSHOT EVENT TIME: TX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
TX alerts
from News Quantified
Opt-in for
TX alerts

from News Quantified
Opt-in for
TX alerts

from News Quantified