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NYSE:TS

Tenaris (TS) Stock Price, News & Analysis

$31.84
+0.20 (+0.63%)
(As of 07/26/2024 ET)
Today's Range
$31.57
$31.93
50-Day Range
$29.87
$34.58
52-Week Range
$29.56
$40.72
Volume
1.57 million shs
Average Volume
1.95 million shs
Market Capitalization
$18.51 billion
P/E Ratio
5.31
Dividend Yield
5.03%
Price Target
$40.00

Tenaris MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
25.6% Upside
$40.00 Price Target
Short Interest
Healthy
0.93% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.95mentions of Tenaris in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-6.08%
From $3.78 to $3.55 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.

3.69 out of 5 stars

Industrial Products Sector

67th out of 172 stocks

Blast Furnaces & Steel Mills Industry

7th 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

Tenaris (TS) Scheduled to Post Quarterly Earnings on Wednesday
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Tenaris: Up And Down We Go - And Now A Buy
Why Tenaris Is Significantly Undervalued
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Tenaris S.A. (TS) Q1 2024 Earnings Call Transcript
See More Headlines
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Company Calendar

Last Earnings
8/02/2023
Ex-Dividend for 5/22 Dividend
5/20/2024
Dividend Payable
5/22/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/31/2024
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
$40.00
High Stock Price Target
$40.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+25.6%
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
$7.77 per share
Book Value
$28.85 per share

Miscellaneous

Free Float
580,216,000
Market Cap
$18.51 billion
Optionable
Optionable
Beta
1.46

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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 stock price is currently at $31.87, potentially offering a good entry point for investors.
  • Tenaris reported a strong EPS of $1.27 for the last quarter, surpassing analyst estimates by $0.23, indicating solid financial performance.
  • Wellington Management Group LLP and other institutional investors have been increasing their positions in Tenaris, reflecting confidence in the company's future prospects.
  • Analysts have set a price target of $43.00 to $49.00 for Tenaris, suggesting potential upside in the stock price.
  • Tenaris has a low price-to-earnings ratio of 5.11 and a favorable PEG ratio of 0.28, indicating the stock may be undervalued.

Cons

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

  • Tenaris stock has experienced a 0.5% decline recently, indicating short-term volatility in the stock price.
  • Morgan Stanley downgraded Tenaris from "overweight" to "underweight," potentially signaling concerns about the company's future performance.
  • One research analyst has issued a sell rating on Tenaris, suggesting some market participants have a negative outlook on the stock.
  • There is a mixed analyst sentiment on Tenaris, with an average rating of "Hold," indicating uncertainty about the stock's future direction.
  • The company's stock price has fluctuated between $27.32 and $40.72 over the past year, showing potential price volatility.
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 Monday, July 1, 2024. Please send any questions or comments about these Tenaris pros and cons to contact@marketbeat.com.

TS Stock Analysis - Frequently Asked Questions

How have TS shares performed this year?

Tenaris' stock was trading at $34.76 at the beginning of the year. Since then, TS shares have decreased by 8.4% and is now trading at $31.84.
View the best growth stocks for 2024 here
.

How were Tenaris' earnings last quarter?

Tenaris S.A. (NYSE:TS) released its earnings results on Wednesday, August, 2nd. The industrial products company reported $1.90 EPS for the quarter, beating analysts' consensus estimates of $1.63 by $0.27. Tenaris's revenue was up 45.5% on a year-over-year basis.

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.

Who are Tenaris' major shareholders?

Tenaris' top institutional shareholders include Raymond James & Associates (0.02%), Capital Insight Partners LLC (0.02%), Highland Capital Management LLC (0.01%) and Manning & Napier Advisors LLC (0.01%).

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.

What other stocks do shareholders of Tenaris own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tenaris investors own include OPKO Health (OPK), Energy Transfer (ET), Steel Dynamics (STLD), Ford Motor (F), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF) and Martin Midstream Partners (MMLP).

This page (NYSE:TS) was last updated on 7/26/2024 by MarketBeat.com Staff

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