Tenaris S.A. ADR (NYSE: TS)’s stock price has gone decline by -1.37 in comparison to its previous close of 40.13, however, the company has experienced a 0.28% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-02-21 that Although the revenue and EPS for Tenaris S.A. (TS) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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 5.96x compared to its average ratio, The 36-month beta value for TS is at 1.47. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 9 as “hold,” and 2 as “sell.”
The public float for TS is 583.95M, and currently, shorts hold a 0.35% of that float. The average trading volume for TS on April 10, 2024 was 2.05M shares.
TS’s Market Performance
TS’s stock has seen a 0.28% increase for the week, with a 4.82% rise in the past month and a 18.11% gain in the past quarter. The volatility ratio for the week is 1.94%, and the volatility levels for the past 30 days are at 1.50% for Tenaris S.A. ADR The simple moving average for the last 20 days is 0.78% for TS’s stock, with a simple moving average of 18.14% for the last 200 days.
Analysts’ Opinion of TS
Jefferies gave a rating of “Buy” to TS, setting the target price at $41.80 in the report published on June 29th of the previous year.
TS Trading at 10.12% 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 -2.81% of loss for the given period.
Volatility was left at 1.50%, however, over the last 30 days, the volatility rate increased by 1.94%, as shares surge +4.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.05% upper at present.
During the last 5 trading sessions, TS rose by +0.28%, which changed the moving average for the period of 200-days by +41.16% in comparison to the 20-day moving average, which settled at $39.35. In addition, Tenaris S.A. ADR saw 13.87% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TS
Current profitability levels for the company are sitting at:
- 0.29 for the present operating margin
- 0.42 for the gross margin
The net margin for Tenaris S.A. ADR stands at 0.26. The total capital return value is set at 0.24. Equity return is now at value 25.48, with 20.28 for asset returns.
Based on Tenaris S.A. ADR (TS), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 7.11. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 40.41.
Currently, EBITDA for the company is 4.82 billion with net debt to EBITDA at -0.18. When we switch over and look at the enterprise to sales, we see a ratio of 1.49. The receivables turnover for the company is 5.39for trailing twelve months and the total asset turnover is 0.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.62.
Conclusion
In conclusion, Tenaris S.A. ADR (TS) has had a better performance lately. Opinion on the stock among analysts is mixed, 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.
