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Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities

Tenaris (TS) Stock Price, News & Analysis

$35.56
+0.01 (+0.03%)
(As of 03/4/2024 ET)
Today's Range
$35.45
$35.69
50-Day Range
$31.32
$36.11
52-Week Range
$24.69
$36.62
Volume
1.67 million shs
Average Volume
2.22 million shs
Market Capitalization
$20.99 billion
P/E Ratio
5.36
Dividend Yield
2.25%
Price Target
$41.27

Tenaris MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
16.0% Upside
$41.27 Price Target
Short Interest
Healthy
0.53% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.58mentions of Tenaris in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-3.16%
From $4.12 to $3.99 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.

1.96 out of 5 stars

Industrial Products Sector

138th out of 174 stocks

Blast Furnaces & Steel Mills Industry

11th out of 13 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

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Tenaris Announces 2023 Fourth Quarter and Annual Results
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Tenaris Q4 2023 Earnings Preview
Should You Buy Tenaris (TS) Ahead of Earnings?
Tenaris S.A. (TS)
TS Jan 2024 37.500 put
Tenaris SA TENm
Mattr Finalizes Pipe Coating Business Sale
Tenaris SA's Dividend Analysis
Tenaris goes ex-dividend on Monday
Tenaris: Steel Pipes Out Of Europe With An Upside
Tenaris SA ADR TS
Will Low Demand Environment Dent 3M's (MMM) Q3 Earnings?
See More Headlines
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Company Calendar

Last Earnings
8/02/2023
Today
3/04/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
N/A
Employees
25,292
Year Founded
2002

Price Target and Rating

Average Stock Price Target
$41.27
High Stock Price Target
$44.00
Low Stock Price Target
$38.00
Potential Upside/Downside
+16.0%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$3.92 billion
Pretax Margin
31.16%

Debt

Sales & Book Value

Annual Sales
$14.87 billion
Cash Flow
$7.57 per share
Book Value
$28.85 per share

Miscellaneous

Free Float
589,087,000
Market Cap
$20.99 billion
Optionable
Optionable
Beta
1.46

Social Links

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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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Tenaris was last updated on Saturday, March 2, 2024 at 5:35 PM.

Pros

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

  • Tenaris S.A. produces and sells seamless and welded steel tubular products for the oil and gas industry, which has a consistent demand globally.
  • The company has a strong presence in key markets such as North America, Europe, and the Asia Pacific, providing diversification and growth opportunities.
  • Tenaris S.A. was founded in 2001 and operates as a subsidiary of Techint Holdings S.à r.l., showcasing a stable and established corporate structure.
  • The recent developments in the oil and gas industry have increased the demand for Tenaris S.A.'s products, leading to potential revenue growth.
  • Investors can benefit from the current stock price of Tenaris S.A., which reflects the company's growth potential and market position.

Cons

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

  • Fluctuations in the oil and gas market can impact Tenaris S.A.'s revenue and profitability, leading to potential risks for investors.














TS Stock Analysis - Frequently Asked Questions

Should I buy or sell Tenaris stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenaris in the last year. There are currently 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?

3 Wall Street research analysts have issued twelve-month target prices for Tenaris' shares. Their TS share price targets range from $38.00 to $44.00. On average, they anticipate the company's stock price to reach $41.27 in the next year. This suggests a possible upside of 16.0% 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 stock has increased by 2.3% and is now trading at $35.56.
View the best growth stocks for 2024 here
.

Are investors shorting Tenaris?

Tenaris saw a decline in short interest in January. As of January 31st, there was short interest totaling 2,830,000 shares, a decline of 16.3% from the January 15th total of 3,380,000 shares. Based on an average trading volume of 2,000,000 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.5% of the shares of the stock are short sold.
View Tenaris' Short Interest
.

When is Tenaris' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our TS earnings forecast
.

How were Tenaris' earnings last quarter?

Tenaris S.A. (NYSE:TS) announced its quarterly earnings results on Wednesday, August, 2nd. The industrial products company reported $1.90 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.27. The industrial products company earned $4.08 billion during the quarter, compared to analysts' expectations of $3.73 billion. Tenaris had a net margin of 26.35% and a trailing twelve-month return on equity of 24.33%. The company's revenue for the quarter was up 45.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.08 EPS.

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

Tenaris declared 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. The ex-dividend date 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 $0.80 per share and currently has a dividend yield of 2.25%. The dividend payout ratio is 12.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TS will have a dividend payout ratio of 20.05% 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 (1.48%), Van ECK Associates Corp (0.55%), Perpetual Ltd (0.53%), Balyasny Asset Management L.P. (0.44%), Harding Loevner LP (0.38%) and Price T Rowe Associates Inc. MD (0.29%).

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 3/5/2024 by MarketBeat.com Staff