Tenaris S.A. ADR (TS) up 0.26% since start of the year

Tenaris S.A. ADR (NYSE: TS) is 0.26% higher on its value in year-to-date trading and has touched a low of $24.69 and a high of $38.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TS stock was last observed hovering at around $35.29 in the last trading session, with the day’s loss setting it -0.04% off its average median price target of $19.02 for the next 12 months. It is also -57.65% off the consensus price target high of $22.36 offered by 18 analysts, but current levels are -151.79% lower than the price target low of $14.00 for the same period.

Currently trading at $35.25, the stock is 3.31% and 4.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing -0.11% at the moment leaves the stock 13.87% off its SMA200. TS registered 1.32% gain for a year compared to 6-month gain of 24.16%. The firm has a 50-day simple moving average (SMA 50) of $1.19 and a 200-day simple moving average (SMA200) of $3.33.

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The stock witnessed a 5.07% loss in the last 1 month and extending the period to 3 months gives it a 12.94%, and is 3.28% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.63% over the week and 1.76% over the month.

Tenaris S.A. ADR (TS) has around 25292 employees, a market worth around $20.81B and $15.07B in sales. Current P/E ratio is 5.79 and Fwd P/E is 8.48. Profit margin for the company is 23.86%. Distance from 52-week low is 42.77% and -7.24% from its 52-week high. The company has generated returns on investments over the last 12 months (22.01%).

Tenaris S.A. ADR (TS) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Tenaris S.A. ADR (TS) is a “Overweight”. 18 analysts offering their recommendations for the stock have an average rating of 1.94, where 6 rate it as a Hold and 2 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Tenaris S.A. ADR is expected to release its quarterly report on 02/21/2024.The EPS is expected to grow by 33.30% this year.

Tenaris S.A. ADR (TS) Top Institutional Holders

The shares outstanding are 590.27M, and float is at 589.34M with Short Float at 0.35%.

Tenaris S.A. ADR (TS): Who are the competitors?

The company’s main competitors (and peers) include United States Steel Corp. (X) that is trading 84.78% up over the past 12 months. YPF S.A. ADR (YPF) that is 92.52% higher over the same period.