Tenaris S.A. ADR (TS) concluded trading on Thursady at a closing price of $35.09, with 5.81 million shares of worth about $204.02 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.59% during that period and on Thursady the price saw a gain of about 7.77%. Currently the company’s common shares owned by public are about 590.27M shares, out of which, 589.34M shares are available for trading.
However, the stock later moved at a day high price of 36.62, or with a gain of 7.77%. Stock saw a price change of 10.66% in past 5 days and over the past one month there was a price change of 10.00%. Year-to-date (YTD), TS shares are showing a performance of 0.95% which increased to 2.90% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $24.69 but also hit the highest price of $35.99 during that period. The average intraday trading volume for Tenaris S.A. ADR shares is 2.03 million. The stock is currently trading 9.27% above its 20-day simple moving average (SMA20), while that difference is up 6.33% for SMA50 and it goes to 10.65% higher than SMA200.
Tenaris S.A. ADR (NYSE: TS) currently have 590.27M outstanding shares and institutions hold larger chunk of about 15.58% of that.
The stock has a current market capitalization of $20.71B and its 3Y-monthly beta is at 1.44. PE ratio of stock for trailing 12 months is 5.76, while it has posted earnings per share of $6.09 in the same period. Its PEG reads 6.40 and has Quick Ratio of 2.40 while making debt-to-equity ratio of 0.05. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TS, volatility over the week remained 3.18% while standing at 2.09% over the month.
Analysts are in expectations that Tenaris S.A. ADR (TS) stock would likely to be making an EPS of $1 in the current quarter, while forecast for next quarter EPS is $0.97 and it is $3.85 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.89 which is $1.14 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $1.36 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -37.52% while it is estimated to decrease by -4.47% in next year. EPS is likely to shrink at an annualized rate of 0.90% for next 5-years, compared to annual growth of 40.86% made by the stock over the past 5-years.
On June 29, 2023, Jefferies Initiated their recommendations, while on October 13, 2022, Stifel Upgrade their ratings for the stock with a price target of $38. Stock get a Buy rating from Jefferies on July 07, 2022.
