Market cap of Tenaris S.A. [TS] reaches 18.67B – now what?

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Tenaris S.A. [NYSE: TS] jumped around 0.13 points on Thursday, while shares priced at $29.91 at the close of the session, up 0.44%. The company report on April 27, 2022 that Tenaris Announces 2022 First Quarter Results.

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The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS. Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Net cash / debt, Free Cash Flow and Operating working capital days. See exhibit I for more details on these alternative performance measures.

Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) today announced its results for the quarter ended March 31, 2022 in comparison with its results for the quarter ended March 31, 2021.

Tenaris S.A. stock is now 43.38% up from its year-to-date (YTD) trading value. TS Stock saw the intraday high of $30.14 and lowest of $28.92 per share. The company’s 52-week high price is 33.28, which means current price is +40.75% above from all time high which was touched on 04/18/22.

Compared to the average trading volume of 3.03M shares, TS reached a trading volume of 3359829 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Tenaris S.A. [TS]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TS shares is $35.09 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TS stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wolfe Research have made an estimate for Tenaris S.A. shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on March 14, 2022. While these analysts kept the previous recommendation, Barclays raised their target price from $27 to $32. The new note on the price target was released on February 28, 2022, representing the official price target for Tenaris S.A. stock. On November 08, 2021, analysts increased their price target for TS shares from 23 to 33.

The Average True Range (ATR) for Tenaris S.A. is set at 0.98, with the Price to Sales ratio for TS stock in the period of the last 12 months amounting to 2.86. The Price to Book ratio for the last quarter was 1.48, with the Price to Cash per share for the same quarter was set at 1.15.

How has TS stock performed recently?

Tenaris S.A. [TS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.97. With this latest performance, TS shares dropped by -1.09% in over the last four-week period, additionally plugging by 33.35% over the last 6 months – not to mention a rise of 42.29% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TS stock in for the last two-week period is set at 46.26, with the RSI for the last a single of trading hit 39.28, and the three-weeks RSI is set at 50.54 for Tenaris S.A. [TS]. The present Moving Average for the last 50 days of trading for this stock 29.05, while it was recorded at 29.96 for the last single week of trading, and 23.56 for the last 200 days.

Tenaris S.A. [TS]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Tenaris S.A. [TS] shares currently have an operating margin of +10.79 and a Gross Margin at +28.41. Tenaris S.A.’s Net Margin is presently recorded at +16.87.

Return on Total Capital for TS is now 5.64, given the latest momentum, and Return on Invested Capital for the company is 9.16. Return on Equity for this stock inclined to 9.44, with Return on Assets sitting at 7.78. When it comes to the capital structure of this company, Tenaris S.A. [TS] has a Total Debt to Total Equity ratio set at 3.75. Additionally, TS Total Debt to Total Capital is recorded at 3.61, with Total Debt to Total Assets ending up at 3.10. Long-Term Debt to Equity for the company is recorded at 1.62, with the Long-Term Debt to Total Capital now at 1.56.

Reflecting on the efficiency of the workforce at the company, Tenaris S.A. [TS] managed to generate an average of $40,868 per employee. Receivables Turnover for the company is 4.99 with a Total Asset Turnover recorded at a value of 0.46.Tenaris S.A.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 3.20.

Earnings analysis for Tenaris S.A. [TS]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Tenaris S.A. go to -5.40%.

Insider trade positions for Tenaris S.A. [TS]

There are presently around $2,136 million, or 8.90% of TS stock, in the hands of institutional investors. The top three institutional holders of TS stocks are: PENDAL GROUP LTD with ownership of 21,369,545, which is approximately New of the company’s market cap and around 60.60% of the total institutional ownership; WESTWOOD GLOBAL INVESTMENTS, LLC, holding 9,049,997 shares of the stock with an approximate value of $270.69 million in TS stocks shares; and VAN ECK ASSOCIATES CORP, currently with $167.41 million in TS stock with ownership of nearly -14.517% of the company’s market capitalization.

Positions in Tenaris S.A. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 86 institutional holders increased their position in Tenaris S.A. [NYSE:TS] by around 33,574,286 shares. Additionally, 66 investors decreased positions by around 10,831,067 shares, while 16 investors held positions by with 26,996,678 shares. The mentioned changes placed institutional holdings at 71,402,031 shares, according to the latest SEC report filing. TS stock had 37 new institutional investments in for a total of 26,193,877 shares, while 19 institutional investors sold positions of 1,295,061 shares during the same period.