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Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023

Tenaris (TS) Stock Forecast, Price & News

$30.99
-0.13 (-0.42%)
(As of 09/22/2023 ET)
Compare
Today's Range
$30.99
$31.56
50-Day Range
$30.99
$33.73
52-Week Range
$23.95
$38.00
Volume
1.88 million shs
Average Volume
1.61 million shs
Market Capitalization
$18.29 billion
P/E Ratio
4.99
Dividend Yield
2.19%
Price Target
$43.80

Tenaris MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
41.3% Upside
$43.80 Price Target
Short Interest
Healthy
0.42% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-21.03%
From $6.04 to $4.77 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.46 out of 5 stars

Industrial Products Sector

81st out of 161 stocks

Blast Furnaces & Steel Mills Industry

7th out of 10 stocks


TS stock logo

About Tenaris (NYSE:TS) Stock

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 Price History

TS Stock News Headlines

This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
Tenaris SA: Tenaris Announces 2023 Second Quarter Results
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
Analyst Expectations for Tenaris's Future
3 Quality Steel Stocks to Buy This Week
Tenaris S.A. (TS) Declined on Weaker Oil Prices
Tenaris SA - Upgrades & Downgrades
Tenaris Announces 2023 First Quarter Results
See More Headlines
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TS Company Calendar

Last Earnings
8/02/2023
Today
9/22/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023

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 Forecast
$43.80
High Stock Price Forecast
$50.00
Low Stock Price Forecast
$38.00
Forecasted Upside/Downside
+41.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$2.55 billion
Pretax Margin
31.59%

Debt

Sales & Book Value

Annual Sales
$11.76 billion
Cash Flow
$5.21 per share
Book Value
$23.78 per share

Miscellaneous

Free Float
589,087,000
Market Cap
$18.29 billion
Optionable
Optionable
Beta
1.52

Social Links

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Key Executives

  • Mr. Paolo Rocca (Age 70)
    Chairman & CEO
  • Ms. Alicia Mondolo (Age 64)
    Chief Financial Officer
  • Mr. Gabriel Podskubka (Age 49)
    Chief Operating Officer
  • Mr. Marcelo Ramos (Age 60)
    Chief Technology Officer
  • Mr. Alejandro Lammertyn (Age 58)
    Chief Digital & Information Officer
  • Mr. Giovanni Sardagna
    Investor Relations Director
  • Mr. Luis Scartascini (Age 49)
    Chief HR Officer
  • Mr. Sergio de la Maza (Age 67)
    Pres of Mexico
  • Mr. Renato Catallini (Age 57)
    Pres of Brazil
  • Mr. Javier Martinez Alvarez (Age 56)
    Pres of Southern Cone













TS Stock - Frequently Asked Questions

Should I buy or sell Tenaris stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tenaris in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TS shares.
View TS analyst ratings
or view top-rated stocks.

What is Tenaris' stock price forecast for 2023?

6 equities research analysts have issued 12 month target prices for Tenaris' stock. Their TS share price forecasts range from $38.00 to $50.00. On average, they anticipate the company's share price to reach $43.80 in the next twelve months. This suggests a possible upside of 41.3% 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 2023?

Tenaris' stock was trading at $35.16 on January 1st, 2023. Since then, TS stock has decreased by 11.9% and is now trading at $30.99.
View the best growth stocks for 2023 here
.

Are investors shorting Tenaris?

Tenaris saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 2,500,000 shares, a decline of 20.4% from the August 15th total of 3,140,000 shares. Based on an average trading volume of 1,930,000 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.4% of the company's shares 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 Thursday, November 2nd 2023.
View our TS earnings forecast
.

How were Tenaris' earnings last quarter?

Tenaris S.A. (NYSE:TS) issued its quarterly earnings results on Wednesday, August, 2nd. The industrial products company reported $1.90 earnings per share for the quarter, beating analysts' consensus estimates of $1.63 by $0.27. The industrial products company had revenue of $4.08 billion for the quarter, compared to analysts' expectations of $3.73 billion. Tenaris had a trailing twelve-month return on equity of 25.13% and a net margin of 24.75%. The company's quarterly revenue was up 45.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.08 EPS.

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

Tenaris announced a semi-annual dividend on Friday, April 28th. Investors of record on Tuesday, May 23rd will be paid a dividend of $0.68 per share on Wednesday, May 24th. The ex-dividend date is Monday, May 22nd. This is an increase from the stock's previous semi-annual dividend of $0.56.
Read our dividend analysis for TS
.

Is Tenaris a good dividend stock?

Tenaris (NYSE:TS) pays an annual dividend of $0.68 per share and currently has a dividend yield of 2.13%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TS will have a dividend payout ratio of 14.26% 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?
What is Tenaris' stock symbol?

Tenaris trades on the New York Stock Exchange (NYSE) under the ticker symbol "TS."

Who are Tenaris' major shareholders?

Tenaris' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Perpetual Ltd (2.10%), Van ECK Associates Corp (0.68%), Harding Loevner LP (0.52%), Renaissance Technologies LLC (0.31%), Marshall Wace LLP (0.24%) and BlackRock Inc. (0.23%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Tenaris' stock price today?

One share of TS stock can currently be purchased for approximately $30.99.

How much money does Tenaris make?

Tenaris (NYSE:TS) has a market capitalization of $18.29 billion and generates $11.76 billion in revenue each year. The industrial products company earns $2.55 billion in net income (profit) each year or $6.21 on an earnings per share basis.

How many employees does Tenaris have?

The company employs 25,292 workers across the globe.

How can I contact Tenaris?

Tenaris' mailing address is 26 BOULEVARD ROYAL 4TH FLOOR, LUXEMBOURG N4, L-2449. The official website for the company is www.tenaris.com. The industrial products company can be reached via phone at (522) 647-8978, via email at investors@tenaris.com, or via fax at 352-2647-8979.

This page (NYSE:TS) was last updated on 9/23/2023 by MarketBeat.com Staff

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