The stock of Tenaris S.A. ADR (TS) has seen a -2.74% decrease in the past week, with a 4.69% gain in the past month, and a 3.83% flourish in the past quarter. The volatility ratio for the week is 2.15%, and the volatility levels for the past 30 days are at 1.94% for TS. The simple moving average for the last 20 days is 1.72% for TS stock, with a simple moving average of 10.21% for the last 200 days.
Is It Worth Investing in Tenaris S.A. ADR (NYSE: TS) Right Now?
Tenaris S.A. ADR (NYSE: TS) has a higher price-to-earnings ratio of 5.60x compared to its average ratio, and the 36-month beta value for TS is at 1.48. Analysts have varying views on the stock, with 9 analysts rating it as a “buy,” 2 rating it as “overweight,” 6 as “hold,” and 0 as “sell.”
The average price suggested by analysts for TS is $40.34, which is $6.22 above the current market price. The public float for TS is 589.34M, and currently, shorts hold a 0.55% of that float. The average trading volume for TS on November 21, 2023 was 2.03M shares.
TS) stock’s latest price update
Tenaris S.A. ADR (NYSE: TS)’s stock price has decreased by -0.90 compared to its previous closing price of 34.43. However, the company has seen a -2.74% decrease in its stock price over the last five trading sessions. Seeking Alpha reported 2023-11-08 that Tenaris is a Luxembourg-headquartered supplier of welded steel pipes for gas pipelines, with manufacturing facilities across multiple continents. The company has achieved record sales and financial results for the 2022 fiscal year and is a leading player in the energy industry. Tenaris is investing in new ventures, such as wind farms, to support the ongoing global transition in energy and reduce CO2 emissions.
Analysts’ Opinion of TS
Many brokerage firms have already submitted their reports for TS stocks, with Jefferies repeating the rating for TS by listing it as a “Buy.” The predicted price for TS in the upcoming period, according to Jefferies is $41.80 based on the research report published on June 29, 2023 of the current year 2023.
TS Trading at 4.50% from the 50-Day Moving Average
After a stumble in the market that brought TS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.21% of loss for the given period.
Volatility was left at 1.94%, however, over the last 30 days, the volatility rate increased by 2.15%, as shares surge +4.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.49% upper at present.
During the last 5 trading sessions, TS fell by -3.11%, which changed the moving average for the period of 200-days by +3.91% in comparison to the 20-day moving average, which settled at $33.61. In addition, Tenaris S.A. ADR saw -2.96% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TS
Current profitability levels for the company are sitting at:
- +25.84 for the present operating margin
- +39.35 for the gross margin
The net margin for Tenaris S.A. ADR stands at +21.71. The total capital return value is set at 23.16, while invested capital returns managed to touch 20.38. Equity return is now at value 24.44, with 19.60 for asset returns.
Based on Tenaris S.A. ADR (TS), the company’s capital structure generated 6.05 points at debt to equity in total, while total debt to capital is 5.70. Total debt to assets is 4.79, with long-term debt to equity ratio resting at 0.94. Finally, the long-term debt to capital ratio is 0.88.
When we switch over and look at the enterprise to sales, we see a ratio of 1.27, with the company’s debt to enterprise value settled at 0.04. The receivables turnover for the company is 5.75 and the total asset turnover is 0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.04.
In conclusion, Tenaris S.A. ADR (TS) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.