Analysts From Major Brokerage Firms Release Report On Tenaris S.A. (TS)

The stock of Tenaris S.A. (NYSE:TS) increased by $0.27 on Friday to finish at $32.35, up 0.84 percent. The last five days have seen an average of 2,439,600 shares of common stock traded. 28 times new highs were reached in the current year, with a gain of $11.49. The average number of shares traded over the last 20 days was 2,731,225, while the average volume over the last 50 days totaled 2,585,856.

TS stock appreciated 1.70% since last month. On 04/25/22, the company’s shares reached a one-month low of $28.75. The stock touched a high of $33.63 on 05/18/22, after rallying from a low of $18.80 in 52 weeks. The price of TS stock has risen by 55.08% or $11.49 this year, reaching a new high 28 times. Still, the stock price is down -3.81% from the 52-week high.

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Valuation Metrics

Tenaris S.A. (TS) has a trailing price-to-earnings (P/E) ratio of 12.76. Beta for the stock is 1.43. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.42, the price-to-book (PB) ratio of 1.53.

Company paid $0.56 per share in dividends, an increase of 115.38% from $0.26 last year. A $0.30 dividend increase was reported on Tuesday May 3 2022.

Financial Health

For the three months ended March 30, Tenaris S.A.’s quick ratio was 1.40, while its current ratio was 3.00, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending March 30 is 0.01, and the total debt to equity ratio is 0.04. As far as profitability goes, gross margin for the trailing twelve months is 31.90% percent. Tenaris S.A.’s operating margin stood at 14.80% for the same period. Based on annual data, it had gross profit of $1.91 billion and revenue of $6.52 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. TS’s return on assets (ROA) during the last 12 months has been 10.20%. There was a 4.20% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 12.50%.

Earnings Surprise

According to Tenaris S.A.’s quarterly financial report for the quarter that ended March 30, it had $231.68 million in total debt versus $193.02 million in cash and short-term investments. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $6.52 billion, while revenues rose by 21.08% to $0.0. It was predicted that Tenaris S.A.’s quarterly earnings would be $0.85, but it ended up being $0.61, beating the consensus by 39.30%. EBITDA was $627.33 million for the quarter. At the end of Tenaris S.A.’s most recent quarter ended March 30, its liabilities totaled 2.62 billion, while its total debt was $471.9 million.

Technical Picture

Here’s a quick look at Tenaris S.A.’s (TS) price momentum from a technical perspective. As of 20 May, the RSI 9-day stood at 61.39%, suggesting the stock is Neutral, with a 30.71% historical volatility rate.

The stochastic %K and %D were 69.51% and 77.66% respectively, while the average true range (ATR) was 1.21. Based on the 14-day stochastic reading of 73.02%, the RSI (14) reading is 58.88%. On the 9-day MACD Oscillator, the stock is at 0.86, and the 14-day reading is at 1.08.

Analyst Ratings

In its most recent analyst report, Wolfe Research raised its rating on Tenaris S.A. (NYSE: TS) to a Peer perform. Prior to this, analysts firm rated the stock as an Underperform. Analysts have assigned Tenaris S.A. (TS) an Overweight rating. TS is a stock that is recommended for selling by 1 brokerage firm, while 5 companies recommend holding. The stock is underweighted by 2 analysts. Among the analysts who rate the stock, 6 rates it overweight and 10 others recommend it as a buy.

What is TS’s price target for the next 12 months?

The current consensus forecast for the stock is between $18.73 and $60.00, with a median target price of $36.10. In analyzing these forecasts, the average price target given by analysts for Tenaris S.A. (TS) is $35.83.


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