Tenaris S.A. which can be found using ticker (TS) have now 10 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 50 and 38 calculating the mean target price we have $44.40. Given that the stocks previous close was at $29.91 this is indicating there is a potential upside of 48.4%. The day 50 moving average is $31.50 and the 200 day MA is $30.32. The market capitalization for the company is $17,507m. Company Website: https://www.tenaris.com
The potential market cap would be $25,988m based on the market consensus.
Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products and related services for the oil and gas industry, and other industrial applications. The company offers steel casings, tubing products, mechanical and structural pipes, line pipes, cold-drawn pipes, and premium joints and couplings; and coiled tubing products for oil and gas drilling and workovers, and subsea pipelines. It also manufactures sucker rods used in oil extraction activities and tubes for plumbing and construction applications; and offers oilfield/hydraulic fracturing services and energy and raw materials, and financial services. The company operates in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. Tenaris S.A. was founded in 2001 and is based in Luxembourg. Tenaris S.A. is a subsidiary of Techint Holdings S.à r.l.
The company has a dividend yield of 3.46% with the ex dividend date set at 22-5-2023 (DMY).
Other points of data to note are a P/E ratio of 6.83, revenue per share of 9.96 and a 11.64% return on assets.
