The price-to-earnings ratio for Tenaris S.A. ADR (NYSE: TS) is 5.60x, which is above its average ratio. Moreover, the 36-month beta value for TS is 1.47. 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 574.46M and currently, short sellers hold a 0.44% of that float. On May 09, 2024, TS’s average trading volume was 2.04M shares.
TS) stock’s latest price update
The stock price of Tenaris S.A. ADR (NYSE: TS) has plunged by -1.41 when compared to previous closing price of 34.11, but the company has seen a 1.17% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-25 that Although the revenue and EPS for Tenaris (TS) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
TS’s Market Performance
Tenaris S.A. ADR (TS) has seen a 1.17% rise in stock performance for the week, with a -15.03% decline in the past month and a 6.32% surge in the past quarter. The volatility ratio for the week is 1.29%, and the volatility levels for the past 30 days are at 1.96% for TS. The simple moving average for the last 20 days is -7.65% for TS stock, with a simple moving average of -1.51% for the last 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 -10.62% 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 -17.42% of loss for the given period.
Volatility was left at 1.96%, however, over the last 30 days, the volatility rate increased by 1.29%, as shares sank -15.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.56% lower at present.
During the last 5 trading sessions, TS rose by +1.17%, which changed the moving average for the period of 200-days by +1.02% in comparison to the 20-day moving average, which settled at $36.10. In addition, Tenaris S.A. ADR saw -3.25% 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:
- 0.27 for the present operating margin
- 0.4 for the gross margin
The net margin for Tenaris S.A. ADR stands at 0.25. The total capital return value is set at 0.2. Equity return is now at value 21.72, with 17.55 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 6.47. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 39.27.
Currently, EBITDA for the company is 4.82 billion with net debt to EBITDA at -0.12. When we switch over and look at the enterprise to sales, we see a ratio of 1.38. The receivables turnover for the company is 5.52for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.52.
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’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
