Tenaris Downgraded by StockNews.com to Hold
TS Stock | USD 37.93 0.47 1.25% |
Slightly above 60% of Tenaris SA's investor base is looking to short. The analysis of overall sentiment of trading Tenaris SA ADR stock suggests that many investors are alarmed at this time. Tenaris SA's investing sentiment can be driven by a variety of factors including economic data, Tenaris SA's earnings reports, geopolitical events, and overall market trends.
Tenaris |
Tenaris was downgraded by research analysts at StockNews.com from a buy rating to a hold rating in a note issued to investors on Tuesday. Separately, Stifel Nicolaus lowered their price objective on Tenaris from 37.00 to 36.00 and set a buy rating for the company in a research report on
Read at thelincolnianonline.com
Tenaris SA Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Tenaris SA can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Tenaris SA Fundamental Analysis
We analyze Tenaris SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tenaris SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tenaris SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
Tenaris SA is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Tenaris SA ADR Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tenaris SA stock to make a market-neutral strategy. Peer analysis of Tenaris SA could also be used in its relative valuation, which is a method of valuing Tenaris SA by comparing valuation metrics with similar companies.
Peers
Tenaris SA Related Equities
HAL | Halliburton | 2.21 | ||||
VTOL | Bristow | 2.13 | ||||
BKR | Baker Hughes | 1.59 | ||||
WFRD | Weatherford International | 1.45 | ||||
NOV | NOV | 1.26 | ||||
CHX | ChampionX | 1.26 | ||||
SLB | Schlumberger | 1.26 | ||||
OII | Oceaneering International | 1.01 | ||||
WHD | Cactus | 1.00 | ||||
RNGR | Ranger Energy | 0.98 | ||||
FTI | TechnipFMC PLC | 0.94 | ||||
RES | RPC | 0.35 | ||||
DNOW | Now | 0.31 |
Additional Tools for Tenaris Stock Analysis
When running Tenaris SA's price analysis, check to measure Tenaris SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tenaris SA is operating at the current time. Most of Tenaris SA's value examination focuses on studying past and present price action to predict the probability of Tenaris SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenaris SA's price. Additionally, you may evaluate how the addition of Tenaris SA to your portfolios can decrease your overall portfolio volatility.