The stock of Tenaris S.A. ADR (NYSE: TS) has decreased by -2.87 when compared to last closing price of 37.60. Despite this, the company has experienced a 8.24% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-10 that LUXEMBOURG, Nov. 10, 2024 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today that pursuant to its USD700 million Share Buyback Program (the “Program”) announced on November 6, 2024, to be executed in the open market, it has entered into a non-discretionary buyback agreement with a primary financial institution (the “Bank”).
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 7.96x compared to its average ratio. TS has 36-month beta value of 1.42. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 9 as “hold,” and 2 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for TS is 562.43M, and currently, short sellers hold a 0.56% ratio of that float. The average trading volume of TS on November 13, 2024 was 1.87M shares.
TS’s Market Performance
TS stock saw an increase of 8.24% in the past week, with a monthly gain of 13.35% and a quarterly increase of 30.62%. The volatility ratio for the week is 3.06%, and the volatility levels for the last 30 days are 1.76% for Tenaris S.A. ADR (TS). The simple moving average for the last 20 days is 9.10% for TS stock, with a simple moving average of 10.72% 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 15.39% 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 -10.33% of loss for the given period.
Volatility was left at 1.76%, however, over the last 30 days, the volatility rate increased by 3.06%, as shares surge +16.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.64% upper at present.
During the last 5 trading sessions, TS rose by +8.24%, which changed the moving average for the period of 200-days by +12.72% in comparison to the 20-day moving average, which settled at $33.47. In addition, Tenaris S.A. ADR saw 5.06% 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:
- 0.22 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 0.17. Equity return is now at value 15.85, with 12.93 for asset returns.
Based on Tenaris S.A. ADR (TS), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 6.94. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is 39.87.
Currently, EBITDA for the company is 5.19 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 1.64. 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 3.65.
Conclusion
To put it simply, Tenaris S.A. ADR (TS) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
