TENARIS SA-ADR (NYSE:TS) is a candidate for growth investors. Here's why.

In this article we will dive into TENARIS SA-ADR (NYSE:TS) as a possible candidate for growth investing. Investors should always do their own research, but we noticed TENARIS SA-ADR showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

What matters for canslim investors.

• TENARIS SA-ADR has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 75.93% increase. This indicates improving financial performance and the company's effective management of its operations.
• TENARIS SA-ADR has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 45.51%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• 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.
• In terms of Return on Equity(ROE), TENARIS SA-ADR is performing well, achieving a 23.46% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
• TENARIS SA-ADR has exhibited strong Relative Strength(RS) in recent periods, with a current 76.42 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. TENARIS SA-ADR shows promising potential for continued price momentum.
• TENARIS SA-ADR maintains a healthy Debt-to-Equity ratio of 0.01. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• With 12.32% 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.

Analyzing the Technical Aspects

ChartMill assigns a Technical Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple 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!
• TS is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 70% of 66 stocks in the same industry.
• TS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TS is performing more or less in line with the market.
• In the last month TS has a been trading in the 31.07 - 35.98 range, which is quite wide. It is currently trading near the high of this range.
• Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
• Looking at the yearly performance, TS did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
• Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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

Fundamental Analysis Observations

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various 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 is valued quite cheap, while showing a decent growth score. This is a good combination! With these ratings, TS could be worth investigating further 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.