Ternium S.A. (TX) Reaches $34.37 52-Week High; Last Week Sandvik AB (SDVKY) Analysts

January 14, 2018 - By whatsonthorold

Among 5 analysts covering Sandvik AB (OTCMKTS:SDVKY), 0 have Buy rating, 4 Sell and 1 Hold. Therefore 0 are positive. Sandvik AB had 10 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Underweight” rating by Barclays Capital given on Wednesday, December 9. The stock of Sandvik AB (OTCMKTS:SDVKY) has “Underweight” rating given on Monday, August 10 by JP Morgan. Zacks upgraded the shares of SDVKY in report on Tuesday, September 1 to “Sell” rating. The rating was upgraded by Jefferies to “Hold” on Friday, October 9. The stock of Sandvik AB (OTCMKTS:SDVKY) earned “Hold” rating by Zacks on Tuesday, September 22. The firm has “Underweight” rating by JP Morgan given on Friday, December 4. BNP Paribas downgraded Sandvik AB (OTCMKTS:SDVKY) on Tuesday, July 28 to “Underperform” rating. Jefferies downgraded the stock to “Underperform” rating in Friday, December 18 report. The stock of Sandvik AB (OTCMKTS:SDVKY) earned “Sell” rating by Zacks on Thursday, August 27. The stock of Sandvik AB (OTCMKTS:SDVKY) earned “Sell” rating by Zacks on Friday, August 7. See Sandvik AB (OTCMKTS:SDVKY) latest ratings:

The stock of Ternium S.A. (NYSE:TX) hit a new 52-week high and has $35.40 target or 3.00% above today’s $34.37 share price. The 5 months bullish chart indicates low risk for the $6.75B company. The 1-year high was reported on Jan, 14 by Barchart.com. If the $35.40 price target is reached, the company will be worth $202.41M more. The stock increased 2.63% or $0.88 during the last trading session, reaching $34.37. About 473,945 shares traded or 33.99% up from the average. Ternium S.A. (NYSE:TX) has risen 39.67% since January 14, 2017 and is uptrending. It has outperformed by 22.97% the S&P500.

Sandvik AB operates as an engineering firm in the areas of rock excavation, metal-cutting, and materials technology worldwide. The company has market cap of $24.06 billion. The firm offers construction equipment and tools, including breakers and demolition tools, mobile and stationary crushers and screens, rock tools, spare and wear parts, surface drill rigs, and tunneling equipment. It has a 22.59 P/E ratio. It also provides diffusion furnaces, and furnace products and heating materials; cemented carbide components, and diamond and cubic boron nitride in mesh and polycrystalline forms; processing systems and steel belts; and metal cutting tools and tooling systems, such as boring, drilling, milling, reaming, and turning tools, as well as tailor made tools and inserts, and tooling systems.

The stock increased 0.63% or $0.12 during the last trading session, reaching $19.175. About 2,257 shares traded. Sandvik AB (OTCMKTS:SDVKY) has 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Ternium S.A. manufactures and processes various steel products in Mexico, Argentina, Bolivia, Chile, Paraguay, Uruguay, Colombia, the United States, Central America, and internationally. The company has market cap of $6.75 billion. The firm operates in two divisions, Steel and Mining. It has a 8.18 P/E ratio. The Steel segment offers steel products, such as 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, pre-painted sheets, steel pipes and tubular products, beams, roll formed products, and other products.

Analysts await Ternium S.A. (NYSE:TX) to report earnings on February, 20. They expect $0.57 earnings per share, down 5.00% or $0.03 from last year’s $0.6 per share. TX’s profit will be $111.89M for 15.07 P/E if the $0.57 EPS becomes a reality. After $0.99 actual earnings per share reported by Ternium S.A. for the previous quarter, Wall Street now forecasts -42.42% negative EPS growth.

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