Tenaris (TS) Projected to Post Earnings on Wednesday

Tenaris (NYSE:TS - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect Tenaris to post earnings of $0.79 per share and revenue of $2.88 billion for the quarter.

Tenaris (NYSE:TS - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.63 by $0.31. The company had revenue of $2.85 billion during the quarter, compared to analysts' expectations of $2.71 billion. Tenaris had a return on equity of 11.76% and a net margin of 16.26%. On average, analysts expect Tenaris to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Tenaris Stock Down 0.2 %

Shares of TS stock traded down $0.06 during trading on Monday, reaching $33.62. 336,458 shares of the company's stock were exchanged, compared to its average volume of 1,757,281. Tenaris has a twelve month low of $27.24 and a twelve month high of $40.87. The firm's fifty day moving average price is $36.14 and its 200-day moving average price is $36.68. The stock has a market capitalization of $19.55 billion, a PE ratio of 9.30 and a beta of 1.21.

Tenaris Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Tuesday, May 20th will be given a dividend of $0.56 per share. This is a boost from Tenaris's previous semi-annual dividend of $0.54. The ex-dividend date of this dividend is Tuesday, May 20th. Tenaris's payout ratio is 31.02%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Piper Sandler lifted their target price on shares of Tenaris from $48.00 to $50.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th. Kepler Capital Markets downgraded shares of Tenaris from a "buy" rating to a "hold" rating in a research report on Friday, January 17th. BNP Paribas started coverage on Tenaris in a research report on Tuesday, April 22nd. They issued an "outperform" rating on the stock. Barclays lifted their price target on Tenaris from $48.00 to $50.00 and gave the stock an "overweight" rating in a report on Monday, February 24th. Finally, Bank of America lowered Tenaris from a "neutral" rating to an "underperform" rating in a report on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $47.00.

Tenaris Company Profile

Tenaris SA, 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.