Tenaris S.A. ADR (TS) Shares Soar Above 1-Year High

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Tenaris S.A. ADR (NYSE: TS) has experienced a rise in its stock price by 0.52 compared to its previous closing price of 36.82. However, the company has seen a gain of 0.60% in its stock price over the last five trading days. zacks.com reported 2024-11-20 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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 above average at 8.07x, Company’s 36-month beta value is 1.41.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 3 as “overweight,” 9 as “hold,” and 2 as “sell.”

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The public float for TS is 562.43M, and currently, short sellers hold a 0.56% ratio of that floaft. The average trading volume of TS on November 21, 2024 was 1.88M shares.

TS’s Market Performance

The stock of Tenaris S.A. ADR (TS) has seen a 0.60% increase in the past week, with a 14.62% rise in the past month, and a 32.32% gain in the past quarter. The volatility ratio for the week is 1.01%, and the volatility levels for the past 30 days are at 1.77% for TS. The simple moving average for the past 20 days is 5.61% for TS’s stock, with a 11.69% 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 13.30% 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 -9.12% of loss for the given period.

Volatility was left at 1.77%, however, over the last 30 days, the volatility rate increased by 1.01%, as shares surge +16.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.19% upper at present.

During the last 5 trading sessions, TS rose by +0.60%, which changed the moving average for the period of 200-days by +16.13% in comparison to the 20-day moving average, which settled at $35.04. In addition, Tenaris S.A. ADR saw 6.47% 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:

  • 0.2 for the present operating margin
  • 0.36 for the gross margin

The net margin for Tenaris S.A. ADR stands at 0.2. The total capital return value is set at 0.14. 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 6.57. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is 37.04.

Currently, EBITDA for the company is 5.19 billion with net debt to EBITDA at -0.02. When we switch over and look at the enterprise to sales, we see a ratio of 1.67. The receivables turnover for the company is 4.97for trailing twelve months and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.65.

Conclusion

In a nutshell, Tenaris S.A. ADR (TS) has experienced a better performance in recent times. The stock has received mixed “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.

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