Stocks that are not receiving major attention: Tenaris S.A. (TS), SeaWorld Entertainment Inc. (SEAS)

Tenaris S.A. (NYSE: TS) shares are -43.60% down in the year-to-date (YTD) period and have moved 1.02% or $0.13 higher in the latest trading session. Comparatively, the stock is down -44.81% over the trailing 3-month period. If we look at the shorter duration, its week performance is 2.82% and 21.97% over the month.

Analyst Recommendations

On March 09, 2020, Evercore ISI recommended the TS stock is a In-line, while earlier, Piper Sandler had Downgrade the stock as a Neutral on March 13, 2020.

The stock currently trades at $12.90 and analysts tracking its performance over the next 12 months have a consensus estimate price target of $18.24. The forecasts give the Tenaris S.A. stock a price target range of $35.00 on the higher side while at least one analyst think the stock could plunge to a low of $7.40. The two limits represent an upside potential of 63.14% or -74.32%.

Earnings Forecast

Analysts estimate the earnings to decrease -3.70% in the current quarter to $0.23, down from the $0.41 reported in the same quarter a year ago. For the current year, earnings should grow to an average of $0.71, down -10.50% from $1.26 reported last year. Analysts also offered guidance for the next financial quarter, with their average projected EPS at between $0.06 and $0.27. Wall Street estimates earnings per share to be at an average of $0.75 for the next year.

SeaWorld Entertainment Inc. (NYSE:SEAS), on the other hand, is trading around $11.20 with a market cap of $789.13M and analyst research firms have a positive stance on its shares. Analysts predict that the stock will reach $33.00 and spell out a more modest performance – a 66.06% return. Some analysts are even forecasting $0.35 per share in earnings this year on a short term (1 year) basis.

Insider activity

Insiders have transacted a total of 65 times at SeaWorld Entertainment Inc. over the last 6 months, with insider purchases undertaken 26 times and accounting for 88,565 shares. Insider sales totaled 6,172,756 shares over the same period, with these deals completed in 39 transactions. Looking at these numbers, we realize that net purchases over that period are -13.0 shares. Insiders now hold a total of 714.04k shares after the latest sales, with 4.30% net shares purchased.

Major holders

Insiders own 0.80% of the company shares, while shares held by institutions stand at 86.89% with a share float percentage of 50.80M. Investors are also buoyed by the number of investors in a company, with SeaWorld Entertainment Inc. having a total of 275 institutions that hold shares in the company. The top two institutional holders are Hill Path Capital, LP with over 27.21 million shares worth more than $862.68 million. As of Dec 30, 2019, Hill Path Capital, LP held 34.56% of shares outstanding.

The other major institutional holder is Vanguard Group, Inc. (The), with the investment firm holding over 6.31 million shares as of Dec 30, 2019. The firm’s total holdings are worth over $200.1 million and represent 8.02% of shares outstanding.