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GE   175.57 (-2.53%)
DIS   122.69 (+1.41%)
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PFE   27.88 (+0.36%)
PYPL   66.85 (+0.42%)
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AMD   181.86 (+1.26%)
BABA   72.56 (+1.35%)
T   17.56 (+0.06%)
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MU   118.43 (-0.60%)
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GE   175.57 (-2.53%)
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NYSE:TS

Tenaris (TS) Stock Price, News & Analysis

$39.70
-0.05 (-0.13%)
(As of 11:28 AM ET)
Today's Range
$39.54
$39.79
50-Day Range
$31.32
$39.55
52-Week Range
$24.69
$39.97
Volume
844,806 shs
Average Volume
2.07 million shs
Market Capitalization
$23.43 billion
P/E Ratio
5.98
Dividend Yield
2.02%
Price Target
$41.27

Tenaris MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
4.2% Upside
$41.27 Price Target
Short Interest
Healthy
0.35% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.89mentions of Tenaris in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.36%
From $4.17 to $4.31 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.

2.04 out of 5 stars

Industrial Products Sector

135th out of 172 stocks

Blast Furnaces & Steel Mills Industry

11th out of 12 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

Tenaris (NYSE:TS) Hits New 12-Month High at $39.97
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
TS Apr 2024 30.000 call
Piper Sandler Reaffirms Their Hold Rating on Chart Industries (GTLS)
This consistently signaled gains of 453%... 610%... and even 1036%...
It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.
Tenaris Announces 2023 Fourth Quarter and Annual Results
Tenaris Q4 2023 Earnings Preview
Should You Buy Tenaris (TS) Ahead of Earnings?
Tenaris S.A. (TS)
TS Jan 2024 37.500 put
Tenaris SA TENm
Mattr Finalizes Pipe Coating Business Sale
Tenaris SA's Dividend Analysis
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
3/27/2024
Next Earnings (Confirmed)
4/25/2024
Ex-Dividend for 5/22 Dividend
5/20/2024
Dividend Payable
5/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
N/A
Employees
25,292
Year Founded
2002

Price Target and Rating

Average Stock Price Target
$41.27
High Stock Price Target
$44.00
Low Stock Price Target
$38.00
Potential Upside/Downside
+3.8%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$3.92 billion
Pretax Margin
31.16%

Debt

Sales & Book Value

Annual Sales
$14.87 billion
Cash Flow
$7.60 per share
Book Value
$28.85 per share

Miscellaneous

Free Float
589,087,000
Market Cap
$23.46 billion
Optionable
Optionable
Beta
1.46

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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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Tenaris was last updated on Tuesday, March 26, 2024 at 10:53 PM.

Pros

Here are some ways that investors could benefit from investing in Tenaris S.A.:

  • Tenaris S.A. is a leading producer and seller of seamless and welded steel tubular products for the oil and gas industry, providing a strong position in a vital sector.
  • The company offers a diverse range of steel products, including casings, tubing, line pipes, and premium joints, catering to various industrial applications and demand.
  • Tenaris S.A. operates globally, with a presence in key regions like North America, South America, Europe, the Middle East, Africa, and the Asia Pacific, offering geographic diversification.
  • Recent increase in holdings by institutional investors and hedge funds indicates confidence in the company's growth potential and stability.
  • The current stock price of Tenaris S.A. reflects a favorable valuation compared to its industry peers, presenting a potential investment opportunity.

Cons

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

  • The company's performance may be influenced by fluctuations in global oil and gas markets, impacting demand for its steel tubular products.
  • Volatility in raw material prices, such as steel, could affect Tenaris S.A.'s production costs and profit margins.
  • Regulatory changes or geopolitical tensions in regions where the company operates may pose risks to its operations and financial performance.
  • Competitive pressures from other steel producers and technological advancements in the industry could impact Tenaris S.A.'s market share and pricing power.
  • Uncertainties related to the overall economic conditions and trade policies may introduce challenges for Tenaris S.A.'s growth and expansion strategies.

TS Stock Analysis - Frequently Asked Questions

Should I buy or sell Tenaris stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenaris in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TS, but not buy additional shares or sell existing shares.
View TS analyst ratings
or view top-rated stocks.

What is Tenaris' stock price target for 2024?

3 Wall Street research analysts have issued 12-month price targets for Tenaris' shares. Their TS share price targets range from $38.00 to $44.00. On average, they predict the company's stock price to reach $41.27 in the next year. This suggests a possible upside of 4.2% from the stock's current price.
View analysts price targets for TS
or view top-rated stocks among Wall Street analysts.

How have TS shares performed in 2024?

Tenaris' stock was trading at $34.76 at the beginning of 2024. Since then, TS stock has increased by 14.0% and is now trading at $39.62.
View the best growth stocks for 2024 here
.

Are investors shorting Tenaris?

Tenaris saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 2,040,000 shares, a drop of 16.0% from the February 29th total of 2,430,000 shares. Based on an average daily trading volume, of 2,030,000 shares, the short-interest ratio is presently 1.0 days. Approximately 0.4% of the shares of the stock are sold short.
View Tenaris' Short Interest
.

When is Tenaris' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our TS earnings forecast
.

How were Tenaris' earnings last quarter?

Tenaris S.A. (NYSE:TS) posted its quarterly earnings data on Wednesday, February, 21st. The industrial products company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.89. The industrial products company earned $3.41 billion during the quarter, compared to the consensus estimate of $3.08 billion. Tenaris had a net margin of 26.35% and a trailing twelve-month return on equity of 24.33%.

How often does Tenaris pay dividends? What is the dividend yield for Tenaris?

Tenaris announced a Semi-Annual dividend on Wednesday, February 21st. Investors of record on Tuesday, May 21st will be paid a dividend of $0.80 per share on Wednesday, May 22nd. The ex-dividend date is Monday, May 20th. This is a boost from the stock's previous Semi-Annual dividend of $0.68.
Read our dividend analysis for TS
.

Is Tenaris a good dividend stock?

Tenaris (NYSE:TS) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.03%. The dividend payout ratio is 12.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TS will have a dividend payout ratio of 18.56% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TS.

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.

What other stocks do shareholders of Tenaris own?
Who are Tenaris' major shareholders?

Tenaris' stock is owned by a variety of institutional and retail investors. Top institutional investors include Westwood Global Investments LLC (1.48%), Van ECK Associates Corp (0.55%), Perpetual Ltd (0.53%), Balyasny Asset Management L.P. (0.44%), Harding Loevner LP (0.38%) and Price T Rowe Associates Inc. MD (0.29%).

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.

This page (NYSE:TS) was last updated on 3/28/2024 by MarketBeat.com Staff

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