Tenaris S.A. ADR (TS) is expecting 0.41% growth in the next quarter: What can investors do to maximize their returns?

Tenaris S.A. ADR (NYSE: TS) on Friday, soared 0.32% from the previous trading day, before settling in for the closing price of $31.63. Within the past 52 weeks, TS’s price has moved between $27.24 and $40.72.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Energy Sector giant saw their annual sales surged by 19.86% over the last five years. The company achieved an average annual earnings per share of -48.09%. With a float of $567.50 million, this company’s outstanding shares have now reached $583.94 million.

The firm has a total of 29134 workers. Let’s measure their productivity. In terms of profitability, gross margin is 36.99%, operating margin of 23.54%, and the pretax margin is 23.05%.

Tenaris S.A. ADR (TS) Insider Activity

Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of Tenaris S.A. ADR is 0.16%, while institutional ownership is 9.94%.

Tenaris S.A. ADR (TS) Earnings and Forecasts

As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.91 earnings per share (EPS) for the period falling under the consensus outlook (set at 1.43) by -0.52. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.76 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -48.09% per share during the next fiscal year.

Tenaris S.A. ADR (NYSE: TS) Trading Performance Indicators

Tenaris S.A. ADR (TS) is currently performing well based on its current performance indicators. A quick ratio of 1.89 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.34. Likewise, its price to free cash flow for the trailing twelve months is 5.28.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.69, a number that is poised to hit 0.66 in the next quarter and is forecasted to reach 3.42 in one year’s time.

Technical Analysis of Tenaris S.A. ADR (TS)

Analysing the last 5-days average volume posted by the [Tenaris S.A. ADR, TS], we can find that recorded value of 1.2 million was lower than the volume posted last year of 1.99 million. As of the previous 9 days, the stock’s Stochastic %D was 30.01%. Additionally, its Average True Range was 0.57.

During the past 100 days, Tenaris S.A. ADR’s (TS) raw stochastic average was set at 67.32%, which indicates a significant increase from 29.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.17% in the past 14 days, which was lower than the 27.03% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $29.79, while its 200-day Moving Average is $32.87. Now, the first resistance to watch is $31.87. This is followed by the second major resistance level at $32.00. The third major resistance level sits at $32.26. If the price goes on to break the first support level at $31.48, it is likely to go to the next support level at $31.22. Should the price break the second support level, the third support level stands at $31.09.

Tenaris S.A. ADR (NYSE: TS) Key Stats

Market capitalization of the company is 18.04 billion based on 581,379K outstanding shares. Right now, sales total 14,869 M and income totals 3,918 M. The company made 3,322 M in profit during its latest quarter, and 335,190 K in sales during its previous quarter.