Tenaris S.A. ADR (NYSE: TS)’s stock price has increased by 0.29 compared to its previous closing price of 37.76. However, the company has seen a -0.47% decrease in its stock price over the last five trading sessions. 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?
The price-to-earnings ratio for Tenaris S.A. ADR (NYSE: TS) is 5.70x, which is above its average ratio. Moreover, the 36-month beta value for TS is 1.46. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 9 as “hold,” and 2 as “sell.”
The public float for TS is 583.02M and currently, short sellers hold a 0.38% of that float. On April 24, 2024, TS’s average trading volume was 1.96M shares.
TS’s Market Performance
TS’s stock has seen a -0.47% decrease for the week, with a -4.03% drop in the past month and a 18.71% gain in the past quarter. The volatility ratio for the week is 1.90%, and the volatility levels for the past 30 days are at 1.78% for Tenaris S.A. ADR The simple moving average for the past 20 days is -3.16% for TS’s stock, with a 11.45% simple moving average for the past 200 days.
Analysts’ Opinion of TS
Many brokerage firms have already submitted their reports for TS stocks, with Morgan Stanley repeating the rating for TS by listing it as a “Underweight.” The predicted price for TS in the upcoming period, according to Morgan Stanley is $40 based on the research report published on April 18, 2024 of the current year 2024.
TS Trading at 1.70% 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 -7.01% of loss for the given period.
Volatility was left at 1.78%, however, over the last 30 days, the volatility rate increased by 1.90%, as shares sank -4.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.58% upper at present.
During the last 5 trading sessions, TS fell by -0.47%, which changed the moving average for the period of 200-days by +25.52% in comparison to the 20-day moving average, which settled at $39.02. In addition, Tenaris S.A. ADR saw 8.95% 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 1.43. 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
To wrap up, the performance of Tenaris S.A. ADR (TS) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
