Recent exceptional negative changes in fundamentals have affected Tenaris SA (NYSE: TS): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
TS’ future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Tenaris SA, Luxembourg has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Tenaris SA, Luxembourg has a very high Appreciation Score of 86 but a poor Power Rating of 21, and the Neutral Value Trend Rating results.
Recent Price Action
On 10/9/24, Tenaris SA (NYSE: TS) stock rose modestly by 0.4%, closing at $31.76. However, this advance was accompanied by below average trading volume at 76% of normal. Relative to the market the stock has been weak over the last nine months and has declined -1.7% during the last week.
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