Tenaris S.A. ADR [TS] stock is trading at $34.59, up 2.85%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TS shares have gain 3.25% over the last week, with a monthly amount drifted -13.48%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Tenaris S.A. ADR [NYSE: TS] stock has seen the most recent analyst activity on April 18, 2024, when Morgan Stanley downgraded its rating to a Underweight but kept the price target unchanged to $40 for it. On January 04, 2024, downgrade downgraded it’s rating to Hold. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $41.80 on June 29, 2023. Stifel upgraded its rating to a Buy and raised its price target to $38 on October 13, 2022. Jefferies upgraded its rating to Buy for this stock on July 07, 2022, and upped its price target to $46. In a note dated March 14, 2022, Wolfe Research upgraded an Peer Perform rating on this stock and boosted its target price from $38 to $43.
Tenaris S.A. ADR [TS] stock has fluctuated between $24.69 and $40.72 over the past year. Currently, Wall Street analysts expect the stock to reach $44.5 within the next 12 months. Tenaris S.A. ADR [NYSE: TS] shares were valued at $34.59 at the most recent close of the market. An investor can expect a potential return of 28.65% based on the average TS price forecast.
Analyzing the TS fundamentals
Tenaris S.A. ADR [NYSE:TS] reported sales of 14.17B for the trailing twelve months, which represents a drop of -16.89%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.25%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.21 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 34.25 points at the first support level, and at 33.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.81, and for the 2nd resistance point, it is at 35.02.
Tenaris S.A. ADR [TS] reported earnings per share of $1.28 for its fiscal quarter that ended on 3/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.04/share, meaning a difference of $0.24 and a surprise factor of 23.10%. By comparison, the stated earnings for the previous quarter ended on 12/31/2023 were $1.92 per share as compared to estimates of $1.13 per share, a difference of $0.79 representing a surprise of 69.90%.
Ratios To Look Out For
For context, Tenaris S.A. ADR’s Current Ratio is 3.52. As well, the Quick Ratio is 2.19, while the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 1.40, the price to book ratio is 1.14 and price to earnings (TTM) ratio is 5.76.
