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Tenaris (TS) Stock Price, News & Analysis

$32.04
-0.32 (-0.99%)
(As of 12:28 PM ET)
Today's Range
$31.75
$32.08
50-Day Range
$32.00
$40.29
52-Week Range
$27.31
$40.72
Volume
346,422 shs
Average Volume
1.99 million shs
Market Capitalization
$18.63 billion
P/E Ratio
5.34
Dividend Yield
4.99%
Price Target
$41.60

Tenaris MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
28.6% Upside
$41.60 Price Target
Short Interest
Healthy
0.75% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-4.11%
From $3.89 to $3.73 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.64 out of 5 stars

Industrial Products Sector

60th out of 163 stocks

Blast Furnaces & Steel Mills Industry

5th out of 12 stocks

TS stock logo

About Tenaris Stock (NYSE:TS)

Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products and related services for the oil and gas industry, and other industrial applications. The company offers steel casings, tubing products, mechanical and structural pipes, line pipes, cold-drawn pipes, and premium joints and couplings; and coiled tubing products for oil and gas drilling and workovers, and subsea pipelines. It also manufactures sucker rods used in oil extraction activities and tubes for plumbing and construction applications; and offers oilfield/hydraulic fracturing services and energy and raw materials, and financial services. The company operates in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. Tenaris S.A. was founded in 2001 and is based in Luxembourg. Tenaris S.A. operates as a subsidiary of Techint Holdings S.à r.l.

TS Stock Price History

TS Stock News Headlines

Tenaris S.A. (TS) Q1 2024 Earnings Call Transcript
Tenaris SA: Tenaris Announces 2024 First Quarter Results
Tenaris Announces 2024 First Quarter Results
Tenaris S.A. - ADR
Compare with Tenaris SA (TEN)
Tenaris SA TW10
Tenaris Files 2023 Annual Report on Form 20-F
TS Apr 2024 30.000 call
Piper Sandler Reaffirms Their Hold Rating on Chart Industries (GTLS)
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Ex-Dividend for 5/22 Dividend
5/20/2024
Dividend Payable
5/22/2024
Today
6/11/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
N/A
Employees
29,134
Year Founded
2002

Price Target and Rating

Average Stock Price Target
$41.60
High Stock Price Target
$43.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+28.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$3.92 billion
Pretax Margin
28.53%

Debt

Sales & Book Value

Annual Sales
$14.87 billion
Cash Flow
$7.65 per share
Book Value
$28.85 per share

Miscellaneous

Free Float
580,216,000
Market Cap
$18.81 billion
Optionable
Optionable
Beta
1.48

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Key Executives

  • Mr. Paolo Rocca (Age 71)
    Chairman & CEO
  • Ms. Alicia Mondolo (Age 65)
    Chief Financial Officer
  • Mr. Gabriel Podskubka (Age 50)
    Chief Operating Officer
  • Mr. Marcelo Ramos (Age 61)
    Chief Technology Officer
  • Mr. Giovanni Sardagna
    Investor Relations Director
  • Mr. Luis Scartascini (Age 50)
    Chief Human Resources Officer
  • Mr. Sergio de la Maza (Age 68)
    President of Mexico
  • Mr. Javier Martinez Alvarez (Age 57)
    President of Southern Cone
  • Mr. Luca Zanotti (Age 56)
    President of United States
  • Mr. Gabriel Casanova (Age 65)
    Chief Supply Chain Officer

Should I Buy Tenaris Stock? TS Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Tenaris S.A.:

  • Tenaris S.A. has shown consistent revenue growth over the past few quarters, indicating a strong business performance.
  • The company has a healthy debt-to-equity ratio of 0.37, which signifies a balanced capital structure and financial stability.
  • Tenaris S.A. stock price has been steadily increasing, reflecting positive investor sentiment and potential for capital appreciation.
  • The company's innovative product offerings and technological advancements position it well for future growth and market competitiveness.
  • Tenaris S.A. has a global presence, allowing it to benefit from diverse revenue streams and market opportunities.

Cons

Investors should be bearish about investing in Tenaris S.A. for these reasons:

  • The current global economic uncertainties may impact the demand for Tenaris S.A.'s products and services, leading to potential revenue fluctuations.
  • Volatility in commodity prices, especially in the oil and gas sector, could affect Tenaris S.A.'s financial performance and profitability.
  • Geopolitical risks in regions where Tenaris S.A. operates may pose challenges to its operations and financial results.
  • Fluctuations in foreign exchange rates could impact Tenaris S.A.'s international revenue and earnings.
  • Regulatory changes or trade policies in key markets may affect Tenaris S.A.'s business operations and profitability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 8, 2024. Please send any questions or comments about these Tenaris pros and cons to contact@marketbeat.com.

TS Stock Analysis - Frequently Asked Questions

Should I buy or sell Tenaris stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenaris in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TS, but not buy additional shares or sell existing shares.
View TS analyst ratings
or view top-rated stocks.

What is Tenaris' stock price target for 2024?

4 analysts have issued 12 month price targets for Tenaris' stock. Their TS share price targets range from $40.00 to $43.00. On average, they expect the company's stock price to reach $41.60 in the next year. This suggests a possible upside of 28.6% from the stock's current price.
View analysts price targets for TS
or view top-rated stocks among Wall Street analysts.

How have TS shares performed in 2024?

Tenaris' stock was trading at $34.76 on January 1st, 2024. Since then, TS shares have decreased by 6.9% and is now trading at $32.36.
View the best growth stocks for 2024 here
.

When is Tenaris' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our TS earnings forecast
.

How were Tenaris' earnings last quarter?

Tenaris S.A. (NYSE:TS) announced its quarterly earnings data on Thursday, April, 25th. The industrial products company reported $1.27 EPS for the quarter, topping the consensus estimate of $1.04 by $0.23. The industrial products company earned $3.44 billion during the quarter, compared to the consensus estimate of $3.34 billion. Tenaris had a net margin of 24.89% and a trailing twelve-month return on equity of 21.11%.

How often does Tenaris pay dividends? What is the dividend yield for Tenaris?

Tenaris announced a Semi-Annual dividend on Wednesday, February 21st. Investors of record on Tuesday, May 21st will be paid a dividend of $0.80 per share on Wednesday, May 22nd. This represents a dividend yield of 4.6%. The ex-dividend date of this dividend is Monday, May 20th. This is an increase from the stock's previous Semi-Annual dividend of $0.68.
Read our dividend analysis for TS
.

Is Tenaris a good dividend stock?

Tenaris (NYSE:TS) pays an annual dividend of $1.60 per share and currently has a dividend yield of 5.00%. TS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 26.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TS will have a dividend payout ratio of 42.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TS.

What is Paolo Rocca's approval rating as Tenaris' CEO?

460 employees have rated Tenaris Chief Executive Officer Paolo Rocca on Glassdoor.com. Paolo Rocca has an approval rating of 91% among the company's employees. This puts Paolo Rocca in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Tenaris own?
Who are Tenaris' major shareholders?

Tenaris' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Westwood Global Investments LLC (1.43%), Perpetual Ltd (0.51%), Van ECK Associates Corp (0.49%), Price T Rowe Associates Inc. MD (0.31%), Kiltearn Partners LLP (0.13%) and Acadian Asset Management LLC (0.09%).

How do I buy shares of Tenaris?

Shares of TS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:TS) was last updated on 6/11/2024 by MarketBeat.com Staff

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