Tenaris S.A. ADR (NYSE: TS) is -9.74% 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 $34.11 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $34.11, the stock is 1.09% and -3.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.45 million and changing 0.00% at the moment leaves the stock -1.53% off its SMA200. TS registered -3.48% loss for a year compared to 6-month loss of -7.28%.
The stock witnessed a 2.56% gain in the last 1 month and extending the period to 3 months gives it a -13.38%, and is -1.79% 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 1.30% over the week and 1.93% over the month.
Tenaris S.A. ADR (TS) has around 25874 employees, a market worth around $18.59B and $12.00B in sales. Current P/E ratio is 10.41 and Fwd P/E is 9.89. Profit margin for the company is 15.05%. Distance from 52-week low is 25.22% and -16.54% 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 -4.47% 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 1.25%.
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.
Tenaris S.A. ADR (TS) Insider Activity
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