Alert: Positive Investment/Fundamental Signals (4/9/24)-Ternium SA (NYSE: TX)

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Ternium SA (NYSE: TX) has recently enjoyed extremely important positive changes in investment behavior: the stock rose on very heavy volume, and the stock’s recent price rise disrupted its longer term downtrend.

Significant positive changes in fundamentals have recently occurred for Ternium SA (NYSE: TX): significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2025 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, TX is expected to continue to be a Value Builder.

Ternium has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Ternium has a slightly positive Power Rating of 66 and a very high Appreciation Score of 96, producing the Highest Value Trend Rating.

Recent Price Action

Ternium SA (NYSE: TX) stock rose modestly by 0.5% on 4/9/24. The stock closed at $44.00. Moreover, exceptionally high trading volume at 245% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 5.6% during the last week.

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