Tenaris S.A. ADR (NYSE: TS) is -0.98% lower on its value in year-to-date trading and has touched a low of $27.24 and a high of $40.72 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TS stock was last observed hovering at around $35.96 in the last trading session, with the day’s gains setting it 1.46%.
Currently trading at $37.42, the stock is -1.87% and -1.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.29 million and changing 4.06% at the moment leaves the stock 10.94% off its SMA200. TS registered 5.26% gain for a year compared to 6-month gain of 26.04%.
The stock witnessed a -0.98% loss in the last 1 month and extending the period to 3 months gives it a -2.37%, and is -0.24% down 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 3.08% over the week and 2.30% over the month.
Tenaris S.A. ADR (TS) has around 25874 employees, a market worth around $20.62B and $12.52B in sales. Current P/E ratio is 10.38 and Fwd P/E is 9.55. Profit margin for the company is 16.26%. Distance from 52-week low is 37.37% and -8.12% from its 52-week high. The company has generated returns on investments over the last 12 months (12.19%).
The EPS is expected to shrink by -0.57% this year
The shares outstanding are 551.03M, and float is at 550.16M with Short Float at 0.92%.
The top institutional shareholder in the company is WESTWOOD GLOBAL INVESTMENTS, LLC with over 8.26 million shares valued at $251.97 million. The investor’s holdings represent 0.7254 of the TS Shares outstanding. As of 2024-06-30, the second largest holder is ORBIS ALLAN GRAY LTD with 7.36 million shares valued at $224.63 million to account for 0.6467 of the shares outstanding. The other top investors are FMR LLC which holds 2.89 million shares representing 0.4981 and valued at over $88.16 million, while RENAISSANCE TECHNOLOGIES LLC holds 0.4469 of the shares totaling 2.59 million with a market value of $79.11 million.
Tenaris S.A. ADR (TS): Who are the competitors?
One of the company’s main competitors (and peers) include United States Steel Corp. (X) that is trading -20.66% down over the past 12 months.YPF S.A. ADR (YPF) lies in the list of competitors of the Tenaris S.A. ADR and is 82.86% higher over the same period from TSArcelorMittal ADR (MT) is 32.74% up on the 1-year trading charts.
