Tenaris S.A. ADR [NYSE: TS] price plunged by -0.32 percent to reach at -$0.09.
The one-year TS stock forecast points to a potential upside of 25.45. The average equity rating for TS stock is currently 2.47, trading closer to a bullish pattern in the stock market.
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Guru’s Opinion on Tenaris S.A. ADR [TS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TS shares is $37.25 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 2.47. 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.
Morgan Stanley have made an estimate for Tenaris S.A. ADR shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on April 18, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price to Neutral. The new note on the price target was released on January 16, 2024, representing the official price target for Tenaris S.A. ADR stock.
The Average True Range (ATR) for Tenaris S.A. ADR is set at 0.75, with the Price to Sales ratio for TS stock in the period of the last 12 months amounting to 1.18. The Price to Book ratio for the last quarter was 0.93, with the Price to Cash per share for the same quarter was set at 5.81. Price to Free Cash Flow for TS in the course of the last twelve months was 4.62 with Quick ratio for the last quarter at 1.89.
TS Stock Performance Analysis:
Tenaris S.A. ADR [TS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.51. With this latest performance, TS shares dropped by -10.33% in over the last four-week period, additionally sinking by -12.20% over the last 6 months – not to mention a drop of -15.87% 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 26.63, with the RSI for the last a single of trading hit 21.64, and the three-weeks RSI is set at 30.10 for Tenaris S.A. ADR [TS]. The present Moving Average for the last 50 days of trading for this stock 31.02, while it was recorded at 27.92 for the last single week of trading, and 33.91 for the last 200 days.
Insight into Tenaris S.A. ADR Fundamentals:
Tenaris S.A. ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.89 and a Current Ratio set at 3.11.
TS Stock EPS
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. ADR go to 0.90%.
Tenaris S.A. ADR [TS] Institutonal Ownership Details
The top three institutional holders of TS stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in TS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in TS stock with ownership which is approximately 5.1238%.
