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) released its quarterly earnings results on Wednesday, October, 30th. The industrial products company reported $0.18 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate 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 net margin of 10.66% and a return on equity of 6.75%. The business's revenue for the quarter was down 8.0% compared to the same quarter last year. 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 12 month price targets for Tenaris' shares. 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 35.9% 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.

Headlines about TS stock have trended positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Tenaris earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Tenaris.

Tenaris saw a drop in short interest in the month of January. As of January 15th, there was short interest totalling 3,880,000 shares, a drop of 12.2% from the December 31st total of 4,420,000 shares. Based on an average daily volume of 2,410,000 shares, the short-interest ratio is currently 1.6 days. Currently, 0.7% of the shares of the stock are sold short. View Tenaris' Current Options Chain.

Some companies that are related to Tenaris include SUMITOMO CORP/S (SSUMY), POSCO (PKX), ArcelorMittal (MT), Nucor (NUE), Steel Dynamics (STLD), Ternium (TX), Commercial Metals (CMC), APERAM/SH N Y REGISTRY SH (APEMY), 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), Fiat Chrysler Automobiles (FCAU), SandRidge Permian Trust (PER), Cornerstone Total Return Fund (CRF) and Abbott Laboratories (ABT).

Tenaris' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Granite Investment Advisors LLC (0.03%), SG Americas Securities LLC (0.00%) and Lindbrook Capital LLC (0.00%).

TS stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Granite Investment Advisors LLC and Lindbrook Capital 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 $21.68.

Tenaris has a market capitalization of $12.80 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]