Tenaris S.A. ADR (TS) Stock: Evaluating the Market Performance

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The price-to-earnings ratio for Tenaris S.A. ADR (NYSE: TS) is 6.89x, which is above its average ratio. Moreover, the 36-month beta value for TS is 1.41. 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 567.50M and currently, short sellers hold a 0.59% of that float. On October 23, 2024, TS’s average trading volume was 2.05M shares.

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TS) stock’s latest price update

The stock price of Tenaris S.A. ADR (NYSE: TS) has jumped by 1.48 compared to previous close of 31.82. Despite this, the company has seen a gain of 3.16% in its stock price over the last five trading days. seekingalpha.com reported 2024-09-30 that Tenaris S.A. is a global, but under-followed leader, in steel pipe manufacturing for the oil and gas industry. It also has a growing exposure to geothermal, hydrogen, and carbon capture storage applications. The company showcases a robust balance sheet and extremely lean and efficient operations that make it generate billions in free cash flow in any market condition.

TS’s Market Performance

Tenaris S.A. ADR (TS) has seen a 3.16% rise in stock performance for the week, with a 9.83% gain in the past month and a 4.06% surge in the past quarter. The volatility ratio for the week is 1.09%, and the volatility levels for the past 30 days are at 1.51% for TS. The simple moving average for the last 20 days is 1.30% for TS’s stock, with a simple moving average of -1.70% 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 7.78% 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 -20.71% of loss for the given period.

Volatility was left at 1.51%, however, over the last 30 days, the volatility rate increased by 1.09%, as shares surge +5.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.99% upper at present.

During the last 5 trading sessions, TS rose by +3.16%, which changed the moving average for the period of 200-days by -4.89% in comparison to the 20-day moving average, which settled at $31.88. In addition, Tenaris S.A. ADR saw -7.11% 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:

  • 0.24 for the present operating margin
  • 0.37 for the gross margin

The net margin for Tenaris S.A. ADR stands at 0.2. The total capital return value is set at 0.18. Equity return is now at value 16.94, with 13.57 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 6.42. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 41.97.

Currently, EBITDA for the company is 4.82 billion with net debt to EBITDA at -0.03. When we switch over and look at the enterprise to sales, we see a ratio of 1.41. The receivables turnover for the company is 5.48for trailing twelve months and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.11.

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.

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