Tenaris S.A. ADR [TS] stock prices are up 1.04% to $38.83 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TS shares have gain 2.83% over the last week, with a monthly amount glided 0.88%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Jefferies upgraded its rating to Buy on December 09, 2024, and elevated its price target to $47. On April 18, 2024, downgrade downgraded it’s rating to Underweight but maintained its price target of $40 on the stock. BofA Securities started tracking the stock assigning a Neutral rating. Jefferies downgraded its rating to a Hold. Jefferies started tracking with a Buy rating for this stock on June 29, 2023, and assigned it a price target of $41.80. In a note dated October 13, 2022, Stifel upgraded an Buy rating on this stock and boosted its target price from $30 to $38.
The stock price of Tenaris S.A. ADR [TS] has been fluctuating between $27.24 and $40.72 over the past year. Currently, Wall Street analysts expect the stock to reach $42 within the next 12 months. Tenaris S.A. ADR [NYSE: TS] shares were valued at $38.83 at the most recent close of the market. An investor can expect a potential return of 8.16% based on the average TS price forecast.
Analyzing the TS fundamentals
The Tenaris S.A. ADR [NYSE:TS] reported sales of 13.09B for trailing twelve months, representing a drop of -9.96%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.16 and Total Capital is 0.15. 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 38.55 points at the first support level, and at 38.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.10, and for the 2nd resistance point, it is at 39.38.
Ratios To Look Out For
It’s worth pointing out that Tenaris S.A. ADR [NYSE:TS]’s Current Ratio is 3.65. Also, the Quick Ratio is 2.27, while the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 1.67, the price to book ratio is 1.25 and price to earnings (TTM) ratio is 8.47.
