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NYSE:TS

Tenaris (TS) Stock Price, News & Analysis

$29.30
-0.39 (-1.31%)
(As of 09/3/2024 ET)
Today's Range
$28.99
$29.42
50-Day Range
$27.63
$32.00
52-Week Range
$27.24
$40.72
Volume
4.31 million shs
Average Volume
2.04 million shs
Market Capitalization
$17.03 billion
P/E Ratio
4.88
Dividend Yield
5.46%
Price Target
$39.00

Tenaris MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
33.1% Upside
$39.00 Price Target
Short Interest
Healthy
0.73% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.77mentions of Tenaris in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-11.40%
From $3.42 to $3.03 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.

2.79 out of 5 stars

Industrial Products Sector

97th out of 169 stocks

Blast Furnaces & Steel Mills Industry

9th 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

Analysts Set Tenaris S.A. (NYSE:TS) Target Price at $39.00
Tenaris (NYSE:TS) Shares Gap Up to $27.91
It’s over.
We found a tiny company which provides the backbone for the entire $15.7 trillion AI industry... It's used by EVERY single AI company on the planet... AMD, NVIDIA, META... none of these companies could exist without this firm.
TS Sep 2024 35.000 call
TS Sep 2024 37.500 call
TS Sep 2024 37.500 put
Tenaris SA BRDR T1SS34
It’s over.
We found a tiny company which provides the backbone for the entire $15.7 trillion AI industry... It's used by EVERY single AI company on the planet... AMD, NVIDIA, META... none of these companies could exist without this firm.
Q2 2024 Tenaris SA Earnings Call Transcript
Tenaris S.A. (TS) Q2 2024 Earnings Call Transcript
Tenaris SA: Tenaris Announces 2024 Second Quarter Results
Tenaris Announces 2024 Second Quarter Results
Get Your Money Out of These 3 Energy Stocks by 2025
See More Headlines
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Company Calendar

Last Earnings
7/31/2024
Today
9/03/2024
Next Earnings (Estimated)
11/06/2024
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
$39.00
High Stock Price Target
$40.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+33.4%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$3.92 billion
Pretax Margin
23.22%

Debt

Sales & Book Value

Annual Sales
$14.87 billion
Cash Flow
$7.46 per share
Book Value
$28.85 per share

Miscellaneous

Free Float
580,216,000
Market Cap
$16.99 billion
Optionable
Optionable
Beta
1.43

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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 S.A. stock price is currently trading at $31.83, showing potential for growth.
  • Strong historical return on equity of 16.10% indicates efficient use of shareholder funds.
  • Tenaris S.A. has a diverse product portfolio catering to the oil and gas industry and other industrial applications, reducing dependency on a single market.
  • Recent institutional investments by hedge funds and asset management firms signal confidence in the company's future performance.
  • Analyst consensus rating of "Hold" with a target price of $40.00 suggests stability and potential upside.

Cons

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

  • Tenaris S.A. reported lower-than-expected earnings per share (EPS) for the recent quarter, missing analyst estimates by $0.38.
  • The company experienced a significant decline in quarterly revenue, down 18.5% year-over-year, indicating potential challenges in revenue generation.
  • Market volatility and the company's beta of 1.46 may expose investors to higher risk compared to the market average.
  • Analysts have downgraded Tenaris S.A.'s rating, with some issuing a "sell" recommendation, reflecting concerns about future performance.
  • Uncertainty in the global economic landscape and the oil and gas industry could impact Tenaris S.A.'s business operations and financial results.
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 Tuesday, August 20, 2024. Please send any questions or comments about these Tenaris pros and cons to [email protected].

TS Stock Analysis - Frequently Asked Questions

How have TS shares performed this year?

Tenaris' stock was trading at $34.76 at the beginning of 2024. Since then, TS stock has decreased by 15.7% and is now trading at $29.30.
View the best growth stocks for 2024 here
.

How were Tenaris' earnings last quarter?

Tenaris S.A. (NYSE:TS) announced its quarterly earnings data on Wednesday, July, 31st. The industrial products company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.97 by $0.38. The company's revenue was down 18.5% compared to the same quarter last year.

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 investors include Westwood Global Investments LLC (1.42%), Van ECK Associates Corp (0.55%), Renaissance Technologies LLC (0.45%) and Marshall Wace LLP (0.12%).

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 9/3/2024 by MarketBeat.com Staff

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