Tenaris S.A. ADR (TS) Analysis & Opinions from Experts

Tenaris S.A. ADR (NYSE: TS) is -11.51% 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 $33.43 in the last trading session, with the day’s gains setting it 0.01%.

Currently trading at $33.44, the stock is 1.87% and -6.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.79 million and changing 0.03% at the moment leaves the stock -3.13% off its SMA200. TS registered -0.18% loss for a year compared to 6-month gain of 1.70%.

The stock witnessed a 0.81% loss in the last 1 month and extending the period to 3 months gives it a -13.55%, and is -0.89% 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 2.88% over the week and 3.54% over the month.

Tenaris S.A. ADR (TS) has around 25874 employees, a market worth around $18.22B and $12.00B in sales. Current P/E ratio is 10.21 and Fwd P/E is 9.54. Profit margin for the company is 15.05%. Distance from 52-week low is 22.76% and -18.18% from its 52-week high. The company has generated returns on investments over the last 12 months (10.46%).

The EPS is expected to shrink by -4.48% this year.

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

The shares outstanding are 544.89M, and float is at 544.03M with Short Float at 0.94%.

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 VAN ECK ASSOCIATES CORP which holds 3.18 million shares representing 0.2797% and valued at over $97.15 million, while SOURCEROCK GROUP LLC holds 0.2677 of the shares totaling 3.05 million with a market value of $93.0 million.