As of Friday close, Tenaris S.A.’s (NYSE:TS) stock was down -$0.13, moving down -0.42 percent to $30.99. The average number of shares traded per day over the past five days has been 2,060,000 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.64 fall in that time frame. In the last twenty days, the average volume was 1,705,385, while in the previous 50 days, it was 1,815,478.
Since last month, TS stock retreated -5.69%. Shares of the company fell to $30.99 on 09/22/23, the lowest level in the past month. A 52-week high of $38.00 was reached on 01/18/23 after having rallying from a 52-week low of $23.95. Since the beginning of this year, TS’s stock price has dropped by -11.86% or -$4.17, and marked a new high 4 times. However, the stock has declined by -18.45% since its 52-week high.
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Valuation Metrics
Right now, Tenaris S.A. (TS) has a P/E ratio of about 4.99. The stock’s beta is 1.50. Besides these, the trailing price-to-sales (P/S) ratio of 1.25, the price-to-book (PB) ratio of 1.17, and the price-to-cash flow ratio of 7.40 may also be considered.
The latest dividend of $0.68 per share was paid out, which is 100.0% more than last year’s $0.34. On Friday April 28 2023, a $0.34 dividend increase was announced.
Financial Health
In the three months ended June 29, Tenaris S.A.’s quick ratio stood at 2.20, while its current ratio was 3.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.01, and the total debt-to-equity ratio was 0.05. On the profitability front, the trailing twelve-month gross margin is 43.20% percent. In the year ended June 29, EBITDA margin amounted to 31.01%, whereas operating margins totaled 30.00%. Based on annual data, TS earned $4.67 billion in gross profit and brought in $11.76 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 15.70%. Return on equity (ROE) for the past 12 months was 25.40%.
In Tenaris S.A.’s quarter-end financial report for June 29, it reported total debt of $230.14 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. TS’s revenue rose 44.56% during the quarter, while net income inched up to $11.76 billion. While analysts expected Tenaris S.A. to report $1.61 quarterly earnings, the actual figure was $1.9 per share, beating the consensus estimate by 18.00%. During the quarter, the company generated $1.41 billion in EBITDA. The liabilities of Tenaris S.A. were 3.47 billion at the end of its most recent quarter ended June 29, and its total debt was $811.33 million.
Technical Picture
This quick technical analysis looks at Tenaris S.A.’s (TS) price momentum. With a historical volatility rate of 19.85%, the RSI 9-day stood at 30.88% on 22 September.
With respect to its five-day moving average, the current Tenaris S.A. price is down by -5.03% percent or -$1.64. At present, TS shares trade -4.53% below its 20-day simple moving average and +7.49% percent above its 100-day simple moving average. However, the stock is currently trading approximately -3.19% below its SMA50 and -4.70% below its SMA200.
Stochastic coefficient K was 22.64% and Stochastic coefficient D was 28.64%, while ATR was 0.65. Given the Stochastic reading of 0.00% for the 14-day period, the RSI (14) reading has been calculated as 36.91%. As of today, the MACD Oscillator reading stands at -0.80, while the 14-day reading stands at -0.73.
