Tenaris S.A. ADR (NYSE: TS) is -11.99% lower on its value in year-to-date trading and has touched a low of $27.24 and a high of $40.87 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 $32.69 in the last trading session, with the day’s gains setting it 0.57%.
Currently trading at $33.26, the stock is -6.85% and -10.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing 1.74% at the moment leaves the stock -3.30% off its SMA200. TS registered -12.59% loss for a year compared to 6-month gain of 6.26%. The firm has a 50-day simple moving average (SMA 50) of $37.113 and a 200-day simple moving average (SMA200) of $34.3938.
The stock witnessed a -17.08% loss in the last 1 month and extending the period to 3 months gives it a -14.59%, and is 7.36% 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 2.84% over the week and 3.45% over the month.
Tenaris S.A. ADR (TS) has around 25874 employees, a market worth around $18.33B and $12.52B in sales. Current P/E ratio is 9.22 and Fwd P/E is 8.91. Profit margin for the company is 16.26%. Distance from 52-week low is 22.10% and -18.62% from its 52-week high. The company has generated returns on investments over the last 12 months (12.19%).
with sales reaching $2.86B over the same period.The EPS is expected to shrink by -2.23% this year, but quarterly earnings will post -2.89% year-over-year. Quarterly sales are estimated to shrink -16.75% in year-over-year returns.
Tenaris S.A. ADR (TS) Top Institutional Holders
295.0 institutions hold shares in Tenaris S.A. ADR (TS), with institutional investors hold 9.73% of the company’s shares. The shares outstanding are 551.03M, and float is at 550.16M with Short Float at 0.87%. Institutions hold 9.73% of the Float.
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 PRICE T ROWE ASSOCIATES INC /MD/ which holds 1.88 million shares representing 0.3236% and valued at over $57.28 million, while VAN ECK ASSOCIATES CORP holds 0.2797 of the shares totaling 3.18 million with a market value of $97.15 million.
Tenaris S.A. ADR (TS) Insider Activity
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