Tenaris S.A. (NYSE:TS) saw an upside of 0.68% to close Monday at $22.35 after adding $0.15 on the day. The 5-day average trading volume is 1,930,140 shares of the company’s common stock. It has gained $22.79 in the past week. An average of 1,999,430 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,841,108.
TS’s 1-month performance is 14.56% or $2.84 on its low of $18.80 reached on 09/20/21. The company’s shares have touched a 52-week low of $8.86 and high of $24.15, with the stock’s rally to the 52-week high happening on 05/18/21. YTD, TS has achieved 40.13% or $6.40. However, the current price is down -7.45%% from the 52-week high price.
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The company’s PE ratio for the last five years has touched a high of 481.09 and a low of 7.772. TS stock has a beta of 1.80. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.59 while the price-to-book (PB) in the most recent quarter is 1.15, with the price to cash flow ratio at 20.94.
Tenaris S.A. pays an annual dividend of $0.56 per share. Its dividend yield is 2.51% and the payout ratio is 87.20%. TS’s most recent quarterly dividend payment was made on May. 26, when it paid $0.28 a share compared with prior rate of $0.14, up 50.0% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.14 reported on Monday May 24 2021. Measured over the last 3 years, the Dividend has been growing by -82.93% yearly.
It is projected that Tenaris S.A.’s next ex-dividend date will be on SA. TS is expected to distribute $22-Nov-2021 as its next dividend.
Tenaris S.A.’s quick ratio for the period ended June 29 was 1.70, with the current ratio over the same period at 3.20 meaning that TS stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.04, while the total debt to equity was 0.07. In terms of profitability, the gross margin trailing 12 months is 22.80%. The trailing 12-month EBITDA margin is 12.00% while for the period ending June 29; Tenaris S.A.’s operating margin was 2.90%. The firm’s gross profit as reported stood at $1.06 billion against revenue of $5.15 billion.
For the quarterly period ending June 29 this year, Tenaris S.A.’s cash and short-term investments amounted to $136.38 million against total debt of $830.89 million. Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -48.8% to $5.15 billion, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected TS to announce $0.19 per share in earnings in its latest quarter, but it posted $0.5, representing a 163.20% surprise. EBITDA for the quarter stood at more than $301.32 million. TS stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 2.55 billion, with total debt at $830.89 million
Let’s look briefly at Tenaris S.A. (TS) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 70.61% to suggest the stock is trending Overbought, with historical volatility in this time period at 29.77%.
The stock’s 5-day moving average is $21.71, reflecting a +3.38% or $0.73 change from its current price. TS is currently trading +10.26% above its 20-day SMA, -2.53% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +9.34% and +37.12% respectively.
Stochastic %K and %D was 86.17% and 82.17% and the average true range (ATR) pointed at 0.64. The RSI (14) points at 65.95%, while the 14-day stochastic is at 86.10% with the period’s ATR at 0.61. The stock’s 9-day MACD Oscillator is pointing at 0.43 and 0.85 on the 14-day charts.
In the most recent analyst report for Tenaris S.A. (NYSE: TS), Barclays upgraded it to an Equal weight rating. They previously had an Underweight rating on the stock. Analysts offering their rating for TS stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate TS as a “sell,”, while 11 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 5 rates the stock as overweight while 7 have offered a “buy” rating.
What is TS’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $16.74 and a high of $28.50, with their median price target at $24.86. Looking at these predictions, the average price target given by analysts is for Tenaris S.A. (TS) stock is $24.29.