The leading market experts have placed a mean price target of $29.26 on Tenaris S.A. (NYSE:TS) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.03 a share for the upcoming quarter and $0.24 for the current fiscal.
The technical analysis of Tenaris S.A. American Depositar plainly substantiates that the 50-day moving average of Tenaris S.A. American Depositar is $27.78, and stock is trading $0.10 points away or +0.35% from its 50-day moving average of $27.78. Further it is trading $1.94 or +7.48% away its 200-day moving average of $25.94. Tenaris S.A. (NYSE:TS) 52-week high is $29.89 and the 52-week low is $18.53.
This explains if the stock moves $-2.01, it will post a 52-week high. In event of +50.46% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Tenaris S.A. American Depositar, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Tenaris S.A. (NYSE:TS) ratio came in at N/A.
The stock last ended the trading session at $27.88 and registered a market cap of $16.46B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Tenaris S.A. (NYSE:TS) PEG ratio is at 8.23.
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