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Why the growth investor may take a look at TENARIS SA-ADR (NYSE:TS).

By Mill Chart

Last update: Oct 18, 2023

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if TENARIS SA-ADR (NYSE:TS) is suited for growth investing. Investors should of course do their own research, but we spotted TENARIS SA-ADR showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Why NYSE:TS may be interesting for canslim investors.

  • With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), TENARIS SA-ADR highlights its ability to generate increasing profitability, showcasing a 75.93% growth.
  • TENARIS SA-ADR has demonstrated strong q2q revenue growth of 45.51%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
  • TENARIS SA-ADR has experienced 50.79% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
  • The Return on Equity(ROE) of TENARIS SA-ADR is 23.46%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
  • TENARIS SA-ADR has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 79.59 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. TENARIS SA-ADR is well-positioned for potential price growth opportunities.
  • Maintaining a Debt-to-Equity ratio of 0.01, TENARIS SA-ADR demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
  • With 12.5% of the total shares held by institutional investors, TENARIS SA-ADR showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Zooming in on the technicals.

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

Overall TS gets a technical rating of 7 out of 10. Although TS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

  • The long and short term trends are both positive. This is looking good!
  • In the last month TS has a been trading in the 29.55 - 33.75 range, which is quite wide. It is currently trading near the high of this range.
  • When comparing the yearly performance of all stocks, we notice that TS is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
  • TS is part of the Energy Equipment & Services industry. There are 66 other stocks in this industry, TS did better than 43% of them.
  • TS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TS is lagging the market slightly.

Check the latest full technical report of TS for a complete technical analysis.

A complete fundamental analysis of NYSE:TS

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

Overall TS gets a fundamental rating of 8 out of 10. We evaluated TS against 66 industry peers in the Energy Equipment & Services industry. TS scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TS scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings could make TS a good candidate for value and quality investing.

Our latest full fundamental report of TS contains the most current fundamental analsysis.

Our CANSLIM screen will find you more ideas suited for growth investing.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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TENARIS SA-ADR

NYSE:TS (4/19/2024, 2:34:02 PM)

37.855

+0.48 (+1.3%)

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TENARIS SA-ADR (NYSE:TS): good value for what you're paying.

News Image22 days ago - Tenaris SATenaris Files 2023 Annual Report on Form 20-F

LUXEMBOURG, March 28, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) announces that it has filed today its Annual Report...

News Image22 days ago - Tenaris SATenaris Presenta Reporte Anual 2023 en formulario 20-F

LUXEMBURGO, March 28, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE y Mexico: TS y EXM Italia: TEN) anuncia que presentó hoy su reporte anual en formulario...

News Imagea month ago - Tenaris SATenaris Files 2023 Annual Report, 2023 Sustainability Report, and Convenes the Annual General Meeting of Shareholders and an Extraordinary General Meeting of Shareholders

LUXEMBOURG, March 22, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) filed today its 2023 Annual Report and its 2023...

News Imagea month ago - Tenaris SATenaris Presenta Reporte Anual 2023, Reporte de Sustentabilidad 2023, y Convoca a la Asamblea General Anual de Accionistas y a una Asamblea General Extraordinaria de Accionistas

LUXEMBURGO, March 22, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE y Mexico: TS y EXM Italia: TEN) presentó hoy su reporte anual 2023 y su reporte de...

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Tenaris stock saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 68 to 72.

News Image2 months ago - Tenaris SATenaris to Commence a USD 300 million Second Tranche of its USD 1.2 Billion Share Buyback Program

LUXEMBOURG, Feb. 25, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today that pursuant to its...

News Image2 months ago - Tenaris SATenaris comenzará un Segundo Tramo de USD300 millones de su Programa de Recompra de Acciones de USD1,200 millones

LUXEMBURGO, Feb. 25, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE y Mexico: TS y EXM Italia: TEN) (“Tenaris”) anunció hoy que ha celebrado un acuerdo de...

News Image2 months ago - Seeking AlphaTenaris proposes $0.80/ADS dividend (NYSE:TS)

Tenaris (TS) proposes $0.80/ADS annual dividend, bringing annual dividend to $1.20/ADS. Forward yield 3.69% (Based on $1.20 annual dividend) Payable May 22; for

News Image2 months ago - Tenaris SATenaris Announces 2023 Fourth Quarter and Annual Results

The financial and operational information contained in this press release is based on audited consolidated financial statements presented in U.S. dollars...

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La información financiera y operativa incluida en este comunicado de prensa está basada en estados contables consolidados auditados presentados en dólares...

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