Tenaris SA (NYSE: TS) has recently enjoyed meaningful positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, and the consensus estimate for December, 2025 increased significantly.
Tenaris SA (NYSE: TS) has recently enjoyed meaningful positive changes in investment behavior: positive upside/downside volume developed.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TS is expected to continue to be an important Value Builder.
Tenaris SA, Luxembourg has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Tenaris SA, Luxembourg has a good Appreciation Score of 74 and a good Power Rating of 77, producing the Highest Value Trend Rating.
Recent Price Action
Tenaris SA (NYSE: TS) stock rose modestly by 0.4% on 3/20/24. The stock closed at $39.22. NORMAL trading volume accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 2.7% during the last week.
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