Should I buy or sell Tenaris stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tenaris in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" TS shares. View TS analyst ratings or view top-rated stocks .

What is Tenaris' stock price target for 2024?

3 brokerages have issued 1-year price targets for Tenaris' shares. Their TS share price targets range from $40.00 to $44.00. On average, they expect the company's stock price to reach $41.93 in the next twelve months. This suggests a possible upside of 12.2% 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 shares have increased by 7.5% and is now trading at $37.3750. View the best growth stocks for 2024 here .

Are investors shorting Tenaris?

Tenaris saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 2,040,000 shares, a decrease 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 days-to-cover ratio is currently 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) released its earnings results on Wednesday, February, 21st. The industrial products company reported $1.92 earnings per share for the quarter, beating 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 trailing twelve-month return on equity of 24.33% and a net margin of 26.35%.

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 of this dividend is Monday, May 20th. This is an increase 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 2.10%. The company does not yet have a strong track record of dividend growth. 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 18.74% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TS .

What ETFs hold Tenaris' stock?

ETFs with the largest weight of Tenaris (NYSE:TS) stock in their portfolio include VanEck Steel ETF (SLX) , VanEck Oil Services ETF (OIH) , Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH) , Direxion Daily Oil Services Bull 2X Shares (ONG) , Amplify International Enhanced Dividend Income ETF (IDVO) , FIS Biblically Responsible Risk Managed ETF (PRAY) and Emerge EMPWR Unified Sustainable Equity ETF (EMPW) . First Trust Long/Short Equity ETF (FTLS) .

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?

Based on aggregate information from My MarketBeat watchlists, some companies that other 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) , Martin Midstream Partners (MMLP) , SandRidge Permian Trust (PER) , SunCoke Energy Partners (SXCP) and Alliance Resource Partners (ARLP) .

Who are Tenaris' major shareholders?

Tenaris' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Perpetual Ltd (0.51%), Capital Insight Partners LLC (0.02%), Wealth Enhancement Advisory Services LLC (0.00%), Deltec Asset Management LLC (0.00%), Harbour Capital Advisors LLC (0.00%) and Partnership Wealth Management LLC (0.00%).

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 .

NYSE:TS

Tenaris (TS) Stock Price, News & Analysis

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Free TS Stock Alerts

$37.38

-0.73 (-1.92%)

(As of 04/18/2024 ET)

Compare

Today's Range: $37.26
▼
$38.09
50-Day Range: $31.61
▼
$40.29
52-Week Range: $24.69
▼
$40.72

Volume: 2.22 million shs
Average Volume: 2.01 million shs
Market Capitalization: $22.06 billion

P/E Ratio: 5.63
Dividend Yield: 2.14%
Price Target: $41.27

Get Tenaris alerts:

Tenaris MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 12.2% Upside
$41.93 Price Target
Short Interest: Healthy
0.38% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.00
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 3.14%
From $4.14 to $4.27 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.

1.07 out of 5 stars

Industrial Products Sector

146th out of 163 stocks

Blast Furnaces & Steel Mills Industry

10th out of 11 stocks

1.8

Analyst's Opinion

Consensus Rating
Tenaris has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Tenaris has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.38% 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 1.1, 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 8.33%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Tenaris pays a meaningful dividend of 2.10%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Tenaris has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Tenaris is 12.05%. 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 18.74% next year. This indicates that Tenaris will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TS.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 4 news articles for Tenaris this week, compared to 2 articles on an average week.
Search Interest
5 people have searched for TS on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Tenaris to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

0.0

Company Ownership

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.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Tenaris are expected to grow by 3.14% in the coming year, from $4.14 to $4.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tenaris is 5.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tenaris is 5.63, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.29.
Price to Earnings Growth Ratio
Tenaris has a PEG Ratio of 3.29. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Tenaris has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

TS Stock News Headlines

April 18, 2024 | benzinga.com

$100 Invested In Tenaris 20 Years Ago Would Be Worth This Much Today

April 18, 2024 | americanbankingnews.com

Tenaris (TS) to Release Quarterly Earnings on Thursday

April 19, 2024 | InvestorPlace (Ad)

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March 29, 2024 | msn.com

Compare with Tenaris SA (TEN)

March 28, 2024 | morningstar.com

Tenaris SA TW10

March 28, 2024 | globenewswire.com

Tenaris Files 2023 Annual Report on Form 20-F

March 22, 2024 | globenewswire.com

Tenaris Files 2023 Annual Report, 2023 Sustainability Report, and Convenes the Annual General Meeting of Shareholders and an Extraordinary General Meeting of Shareholders

March 20, 2024 | finance.yahoo.com

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March 16, 2024 | ca.finance.yahoo.com

TS Apr 2024 30.000 call

March 11, 2024 | markets.businessinsider.com

Piper Sandler Reaffirms Their Hold Rating on Chart Industries (GTLS)

February 26, 2024 | finance.yahoo.com

Steel Producer Tenaris Stock Sees Improved Relative Strength

February 25, 2024 | finanznachrichten.de

Tenaris SA: Tenaris to Commence a USD 300 million Second Tranche of its USD 1.2 Billion Share Buyback Program

February 25, 2024 | globenewswire.com

Tenaris to Commence a USD 300 million Second Tranche of its USD 1.2 Billion Share Buyback Program

February 25, 2024 | msn.com

Market Movers of the Week: Nvidia, Walmart Push Stocks to New Worrisome Levels

February 22, 2024 | markets.businessinsider.com

Analysts Are Bullish on Top Energy Stocks: Antero Resources (AR), Tenaris SA (TS)

February 21, 2024 | finanznachrichten.de

Tenaris SA: Tenaris Announces 2023 Fourth Quarter and Annual Results

February 21, 2024 | globenewswire.com

Tenaris Announces 2023 Fourth Quarter and Annual Results

February 20, 2024 | msn.com

Tenaris Q4 2023 Earnings Preview

February 20, 2024 | finance.yahoo.com

Should You Buy Tenaris (TS) Ahead of Earnings?

February 14, 2024 | finance.yahoo.com

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January 27, 2024 | seekingalpha.com

Tenaris: Steeling Against High Rates With A Rock-Solid Balance Sheet

January 9, 2024 | finance.yahoo.com

Tenaris S.A. (TS)

January 6, 2024 | benzinga.com

Tenaris Stock (NYSE:TS), Analyst Ratings, Price Targets, Predictions

December 24, 2023 | ca.finance.yahoo.com

TS Jan 2024 37.500 put

December 22, 2023 | msn.com

Tenaris, IBD Stock Of The Day From Hot Steel Sector, Hits Early Buy Point

December 16, 2023 | morningstar.com

Tenaris SA TENm

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Today: 4/18/2024
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

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Industrial Products
Industry: Blast furnaces & steel mills
Sub-Industry: N/A
Current Symbol: NYSE:TS
CUSIP: N/A
CIK: 1190723
Web: www.tenaris.com
Phone: (522) 647-8978
Fax: 352-2647-8979
Employees: 29,134
Year Founded: 2002

Price Target and Rating

Average Stock Price Target: $41.93
High Stock Price Target: $44.00
Low Stock Price Target: $40.00
Potential Upside/Downside: +10.4%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.64
Trailing P/E Ratio: 5.63
Forward P/E Ratio: 9.03
P/E Growth: 3.29
Net Income: $3.92 billion
Net Margins: 26.35%
Pretax Margin: 31.16%
Return on Equity: 24.33%
Return on Assets: 19.88%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.62
Quick Ratio: 2.27

Sales & Book Value

Annual Sales: $14.87 billion
Price / Sales: 1.48
Cash Flow: $7.43 per share
Price / Cash Flow: 5.03
Book Value: $28.85 per share
Price / Book: 1.30

Miscellaneous

Outstanding Shares: 590,270,000
Free Float: 589,087,000
Market Cap: $22.06 billion
Optionable: Optionable
Beta: 1.47

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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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

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. has a strong presence in the oil and gas industry, providing seamless and welded steel tubular products for various applications.
The company offers a diverse range of products including steel casings, tubing, line pipes, and premium joints, catering to different needs within the industry.
Recent increase in institutional holdings and hedge funds ownership indicates confidence in the company's growth potential.
Tenaris S.A. operates globally, allowing investors to benefit from exposure to multiple regions and markets.
The current stock price of Tenaris S.A. presents a favorable investment opportunity based on recent market trends.

Cons

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

Volatility in the oil and gas industry can impact Tenaris S.A.'s performance and stock value.
Dependency on the energy sector for a significant portion of its revenue exposes the company to fluctuations in commodity prices.
Global economic conditions and geopolitical factors can influence demand for steel tubular products, affecting Tenaris S.A.'s financial results.
Competitive landscape within the industry may pose challenges to Tenaris S.A.'s market share and profitability.
Regulatory changes or environmental policies could impact the operations and costs of Tenaris S.A., affecting investor returns.

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 Wednesday, April 10, 2024. Please send any questions or comments about these Tenaris pros and cons to contact@marketbeat.com.

TS Stock Analysis - Frequently Asked Questions

Should I buy or sell Tenaris stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tenaris in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" TS shares.
View TS analyst ratings or view top-rated stocks.
What is Tenaris' stock price target for 2024?: 3 brokerages have issued 1-year price targets for Tenaris' shares. Their TS share price targets range from $40.00 to $44.00. On average, they expect the company's stock price to reach $41.93 in the next twelve months. This suggests a possible upside of 12.2% 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 shares have increased by 7.5% and is now trading at $37.3750.
View the best growth stocks for 2024 here.
Are investors shorting Tenaris?: Tenaris saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 2,040,000 shares, a decrease 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 days-to-cover ratio is currently 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) released its earnings results on Wednesday, February, 21st. The industrial products company reported $1.92 earnings per share for the quarter, beating 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 trailing twelve-month return on equity of 24.33% and a net margin of 26.35%.
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 of this dividend is Monday, May 20th. This is an increase 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 2.10%. The company does not yet have a strong track record of dividend growth. 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 18.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TS.
What ETFs hold Tenaris' stock?: ETFs with the largest weight of Tenaris (NYSE:TS) stock in their portfolio include VanEck Steel ETF (SLX), VanEck Oil Services ETF (OIH), Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH), Direxion Daily Oil Services Bull 2X Shares (ONG), Amplify International Enhanced Dividend Income ETF (IDVO), FIS Biblically Responsible Risk Managed ETF (PRAY) and Emerge EMPWR Unified Sustainable Equity ETF (EMPW).First Trust Long/Short Equity ETF (FTLS).
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?: Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Martin Midstream Partners (MMLP), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP) and Alliance Resource Partners (ARLP).
Who are Tenaris' major shareholders?: Tenaris' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Perpetual Ltd (0.51%), Capital Insight Partners LLC (0.02%), Wealth Enhancement Advisory Services LLC (0.00%), Deltec Asset Management LLC (0.00%), Harbour Capital Advisors LLC (0.00%) and Partnership Wealth Management LLC (0.00%).
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 4/19/2024 by MarketBeat.com Staff

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