Tenaris S.A. ADR (NYSE: TS) is -5.45% 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 $37.23 in the last trading session, with the day’s loss setting it -1.5%.
Currently trading at $35.73, the stock is -5.74% and -6.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.84 million and changing -4.03% at the moment leaves the stock 5.85% off its SMA200. TS registered -4.41% loss for a year compared to 6-month gain of 24.24%.
The stock witnessed a -6.47% loss in the last 1 month and extending the period to 3 months gives it a -7.07%, and is -3.59% 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 3.11% over the week and 2.45% over the month.
Tenaris S.A. ADR (TS) has around 25874 employees, a market worth around $19.69B and $12.52B in sales. Current P/E ratio is 9.91 and Fwd P/E is 9.18. Profit margin for the company is 16.26%. Distance from 52-week low is 31.17% and -12.27% from its 52-week high. The company has generated returns on investments over the last 12 months (12.19%).
with sales reaching $2.88B over the same period.The EPS is expected to shrink by -1.37% this year, but quarterly earnings will post -1.91% year-over-year. Quarterly sales are estimated to shrink -16.18% in year-over-year returns.
Tenaris S.A. ADR (TS) Top Institutional Holders
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) Insider Activity
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