NYSE:TS - Tenaris Stock Price, Forecast & News

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

Tenaris SA (NYSE:TS) posted its earnings results on Wednesday, October, 30th. The industrial products company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.31 by $0.13. The industrial products company earned $1.76 billion during the quarter, compared to the consensus estimate of $1.86 billion. Tenaris had a return on equity of 6.75% and a net margin of 10.66%. The business's quarterly revenue was down 8.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.42 earnings per share. View Tenaris' Earnings History.

Tenaris is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Tenaris.

9 equities research analysts have issued 1 year price objectives for Tenaris' stock. Their forecasts range from $28.00 to $33.00. On average, they anticipate Tenaris' share price to reach $29.47 in the next year. This suggests a possible upside of 30.8% from the stock's current price. View Analyst Price Targets for Tenaris.

9 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tenaris.

News stories about TS stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tenaris earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Tenaris.

Tenaris saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 3,880,000 shares, a decline of 12.2% from the December 15th total of 4,420,000 shares. Based on an average trading volume of 2,470,000 shares, the short-interest ratio is presently 1.6 days. Currently, 0.7% of the shares of the company are short sold. View Tenaris' Current Options Chain.

Some companies that are related to Tenaris include SUMITOMO CORP/S (SSUMY), POSCO (PKX), Nucor (NUE), ArcelorMittal (MT), Steel Dynamics (STLD), Ternium (TX), APERAM/SH N Y REGISTRY SH (APEMY), Commercial Metals (CMC), Carpenter Technology (CRS), United States Steel (X), USINAS SIDERURG/S (USNZY), AK Steel (AKS), Mechel PAO (MTL), SunCoke Energy (SXC) and Timkensteel (TMST).

Based on aggregate information from My MarketBeat watchlists, some companies that other Tenaris investors own include Opko Health (OPK), Energy Transfer LP Unit (ET), Steel Dynamics (STLD), Ford Motor (F), CBL & Associates Properties (CBL), Martin Midstream Partners (MMLP), SandRidge Permian Trust (PER), Cornerstone Total Return Fund (CRF), Abbott Laboratories (ABT) and Fiat Chrysler Automobiles (FCAU).

Tenaris' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Granite Investment Advisors LLC (0.03%).

TS stock was sold by a variety of institutional investors in the last quarter, including Granite Investment Advisors LLC.

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

One share of TS stock can currently be purchased for approximately $22.52.

Tenaris has a market capitalization of $13.29 billion and generates $7.66 billion in revenue each year. The industrial products company earns $876.06 million in net income (profit) each year or $1.48 on an earnings per share basis. Tenaris employs 23,472 workers across the globe.View Additional Information About Tenaris.

The official website for Tenaris is http://www.tenaris.com/.

Tenaris' mailing address is 29 AVENUE DE LA PORTE-NEUVE 3RD FLOOR, LUXEMBOURG N4, L 2227. The industrial products company can be reached via phone at 352-2647-8978 or via email at [email protected]