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TS
Stock ticker: NYSE
AS OF
Dec 26, 04:59 PM (EDT)
Price
$37.90
Change
-$0.03 (-0.08%)
Capitalization
22.76B

TS stock forecast, quote, news & analysis

Industry: @Steel
TS
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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a Summary for TS with price predictions
Dec 24, 2024

TS sees its Stochastic Oscillator recovers from oversold territory

On December 24, 2024, the Stochastic Oscillator for TS moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 62 instances where the indicator left the oversold zone. In of the 62 cases the stock moved higher in the following days. This puts the odds of a move higher at over .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The 50-day moving average for TS moved above the 200-day moving average on November 22, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TS advanced for three days, in of 313 cases, the price rose further within the following month. The odds of a continued upward trend are .

TS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 235 cases where TS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for TS moved out of overbought territory on December 06, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 32 similar instances where the indicator moved out of overbought territory. In of the 32 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on December 16, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on TS as a result. In of 87 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for TS turned negative on December 04, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 71, placing this stock better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.349) is normal, around the industry mean (2.381). P/E Ratio (5.947) is within average values for comparable stocks, (41.941). Projected Growth (PEG Ratio) (3.059) is also within normal values, averaging (2.692). Dividend Yield (0.027) settles around the average of (0.040) among similar stocks. P/S Ratio (1.565) is also within normal values, averaging (1.552).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I.Advisor
published Dividends

TS paid dividends on November 20, 2024

Tenaris S A TS Stock Dividends
А dividend of $0.54 per share was paid with a record date of November 20, 2024, and an ex-dividend date of November 19, 2024. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Schlumberger Limited (NYSE:SLB), Halliburton Company (NYSE:HAL), Valaris Limited (NYSE:VAL).

Industry description

The oilfield services/equipment industry is involved in providing various equipment and services to oil and natural gas producers. These companies rent drilling rigs and/or provide services to build and maintain oil and gas wells. The performance of this industry is dependent on demand for oil and natural gas, which in turn is often driven by macroeconomic conditions or business cycles. Schlumberger NV, Halliburton Company, and Baker Hughes are some of the biggest oilfield services companies.

Market Cap

The average market capitalization across the Oilfield Services/Equipment Industry is 3.63B. The market cap for tickers in the group ranges from 717 to 79.1B. SLB holds the highest valuation in this group at 79.1B. The lowest valued company is FLSS at 717.

High and low price notable news

The average weekly price growth across all stocks in the Oilfield Services/Equipment Industry was 2%. For the same Industry, the average monthly price growth was -5%, and the average quarterly price growth was 8%. KLNG experienced the highest price growth at 10%, while SNVVF experienced the biggest fall at -15%.

Volume

The average weekly volume growth across all stocks in the Oilfield Services/Equipment Industry was -69%. For the same stocks of the Industry, the average monthly volume growth was -63% and the average quarterly volume growth was -54%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 61
Price Growth Rating: 58
SMR Rating: 65
Profit Risk Rating: 71
Seasonality Score: 36 (-100 ... +100)
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TS
Daily Signalchanged days ago
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published General Information

General Information

a manufacturer of welded and seamless steel pipes

Industry OilfieldServicesEquipment

Profile
Fundamentals
Details
Industry
Steel
Address
26, Boulevard Royal
Phone
+352 26478978
Employees
29134
Web
https://www.tenaris.com