A new trading day began on May 22, 2023, with Tenaris S.A. (NYSE: TS) stock priced at $26.17, down -1.86% from the previous day of trading. During the day, the shares moved up to $26.50 and dropped to $26.155 before settling in for the closing price of $26.83. TS’s price has ranged from $22.24 to $38.00 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 17.30%. Meanwhile, its annual earnings per share averaged 132.10%. With a float of $233.47 million, this company’s outstanding shares have now reached $590.27 million.
Let’s determine the extent of company efficiency that accounts for 25292 employees. In terms of profitability, gross margin is +39.35, operating margin of +25.84, and the pretax margin is +25.14.
Tenaris S.A. (TS) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Tenaris S.A. is 60.60%, while institutional ownership is 12.70%.
Tenaris S.A. (TS) Earnings and Forecasts
In its latest quarterly report, released on 12/30/2022, the company reported earnings of $1.36 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +21.71 while generating a return on equity of 20.63. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.62 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 132.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.60% during the next five years compared to 42.30% growth over the previous five years of trading.
Tenaris S.A. (NYSE: TS) Trading Performance Indicators
Here are Tenaris S.A.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.14. Likewise, its price to free cash flow for the trailing twelve months is 10.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.39, a number that is poised to hit 1.72 in the next quarter and is forecasted to reach 5.09 in one year’s time.
Technical Analysis of Tenaris S.A. (TS)
Looking closely at Tenaris S.A. (NYSE: TS), its last 5-days average volume was 2.33 million, which is a jump from its year-to-date volume of 2.32 million. As of the previous 9 days, the stock’s Stochastic %D was 30.08%. Additionally, its Average True Range was 0.72.
During the past 100 days, Tenaris S.A.’s (TS) raw stochastic average was set at 1.60%, which indicates a significant decrease from 11.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.82% in the past 14 days, which was lower than the 36.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.29, while its 200-day Moving Average is $30.58. However, in the short run, Tenaris S.A.’s stock first resistance to watch stands at $26.50. Second resistance stands at $26.67. The third major resistance level sits at $26.85. If the price goes on to break the first support level at $26.16, it is likely to go to the next support level at $25.98. Should the price break the second support level, the third support level stands at $25.81.
Tenaris S.A. (NYSE: TS) Key Stats
With a market capitalization of 15.39 billion, the company has a total of 590,268K Shares Outstanding. Currently, annual sales are 11,763 M while annual income is 2,553 M. The company’s previous quarter sales were 4,141 M while its latest quarter income was 1,129 M.
