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NYSE:TS

Tenaris (TS) Stock Price, News & Analysis

Tenaris logo
$37.19 +0.29 (+0.79%)
(As of 12/20/2024 05:16 PM ET)

About Tenaris Stock (NYSE:TS)

Key Stats

Today's Range
$36.77
$37.47
50-Day Range
$31.30
$39.08
52-Week Range
$27.24
$40.72
Volume
3.10 million shs
Average Volume
1.93 million shs
Market Capitalization
$21.62 billion
P/E Ratio
8.10
Dividend Yield
2.90%
Price Target
$42.75
Consensus Rating
Hold

Company Overview

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.

Tenaris Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
49th Percentile Overall Score

TS MarketRank™: 

Tenaris scored higher than 49% of companies evaluated by MarketBeat, and ranked 117th out of 177 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Tenaris has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 3 buy ratings, 1 hold rating, and 1 sell rating.

  • Amount of Analyst Coverage

    Tenaris has only been the subject of 3 research reports in the past 90 days.

  • Read more about Tenaris' stock forecast and price target.
  • Earnings Growth

    Earnings for Tenaris are expected to grow by 4.27% in the coming year, from $3.28 to $3.42 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Tenaris is 8.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.73.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Tenaris is 8.10, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.08.

  • Price to Book Value per Share Ratio

    Tenaris has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.80% of the float of Tenaris has been sold short.
  • Short Interest Ratio / Days to Cover

    Tenaris has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tenaris has recently increased by 13.28%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Tenaris pays a meaningful dividend of 2.83%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Tenaris does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Tenaris is 23.53%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Tenaris will have a dividend payout ratio of 31.58% next year. This indicates that Tenaris will be able to sustain or increase its dividend.

  • Read more about Tenaris' dividend.
  • Percentage of Shares Shorted

    0.80% of the float of Tenaris has been sold short.
  • Short Interest Ratio / Days to Cover

    Tenaris has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tenaris has recently increased by 13.28%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Tenaris has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.72 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Tenaris this week, compared to 4 articles on an average week.
  • Search Interest

    9 people have searched for TS on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Tenaris insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.20% of the stock of Tenaris is held by insiders.

  • Percentage Held by Institutions

    Only 10.45% of the stock of Tenaris is held by institutions.

  • Read more about Tenaris' insider trading history.
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TS Stock News Headlines

Tenaris assumed with an Overweight at Piper Sandler
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Discover the coin set to explode before 2025! Trump could trigger THIS crypto coin…
Tenaris Advances USD 700 Million Share Buyback Program
ExxonMobil names Tenaris its 2024 Supplier of the Year
Analysts Set Tenaris S.A. (NYSE:TS) Target Price at $38.67
See More Headlines

TS Stock Analysis - Frequently Asked Questions

Tenaris' stock was trading at $34.76 at the beginning of 2024. Since then, TS shares have increased by 7.0% and is now trading at $37.19.
View the best growth stocks for 2024 here
.

Tenaris S.A. (NYSE:TS) released its earnings results on Wednesday, July, 31st. The industrial products company reported $0.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.97 by $0.38. The business's revenue was down 18.5% on a year-over-year basis.

Top institutional investors of Tenaris include FMR LLC (0.60%), Van ECK Associates Corp (0.46%), Wellington Management Group LLP (0.44%) and Point72 Asset Management L.P. (0.18%).

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Tenaris investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Meta Platforms (META), Novo Nordisk A/S (NVO), Adobe (ADBE) and Jabil (JBL).

Company Calendar

Last Earnings
7/31/2024
Ex-Dividend for 11/20 Dividend
11/19/2024
Dividend Payable
11/20/2024
Today
12/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
Steel Works
Employees
29,134
Year Founded
2002

Price Target and Rating

Average Stock Price Target
$42.75
High Stock Price Target
$48.00
Low Stock Price Target
$36.00
Potential Upside/Downside
+15.0%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$3.92 billion
Pretax Margin
22.02%

Debt

Sales & Book Value

Annual Sales
$13.09 billion
Cash Flow
$7.29 per share
Book Value
$28.85 per share

Miscellaneous

Free Float
580,216,000
Market Cap
$21.62 billion
Optionable
Optionable
Beta
1.46

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This page (NYSE:TS) was last updated on 12/22/2024 by MarketBeat.com Staff
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