News coverage about Tenaris (NYSE:TS) has been trending somewhat positive on Monday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tenaris earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 46.3669600308736 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Altrinsic Global Advisors Increases Position in Tenaris SA (TS); Garde Capital Lifted Its Apple Com (AAPL) Holding … – Hill Country Times (hillcountrytimes.com)
- Tenaris SA (TS) Market Valuation Declined While Sheffield Asset Management Has Lowered by $2.20 Million Its … – Hill Country Times (hillcountrytimes.com)
- Recent Institutional Activity: Paychex, Inc. (PAYX), Tenaris SA (TS) – Market Movers (financialqz.com)
- Tenaris (TS) Upgraded at TheStreet (americanbankingnews.com)
- Massive Bay City pipe mill could expand further (bizjournals.com)
Several equities research analysts have recently commented on the company. TheStreet raised Tenaris from a “c” rating to a “b-” rating in a research note on Tuesday, December 12th. Macquarie raised Tenaris from an “underperform” rating to a “neutral” rating in a research note on Friday, November 17th. Loop Capital lifted their target price on Tenaris from $36.00 to $37.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. Finally, Cowen set a $28.00 target price on Tenaris and gave the company a “hold” rating in a research note on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $35.39.
Tenaris (NYSE:TS) last announced its quarterly earnings data on Wednesday, November 1st. The industrial products company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.09. Tenaris had a return on equity of 2.77% and a net margin of 8.81%. The business had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same period in the previous year, the firm earned $0.03 earnings per share. The firm’s quarterly revenue was up 32.0% compared to the same quarter last year. equities analysts predict that Tenaris will post 0.49 EPS for the current year.
The business also recently disclosed a dividend, which was paid on Tuesday, November 21st. Investors of record on Tuesday, November 21st were paid a dividend of $0.26 per share. The ex-dividend date of this dividend was Monday, November 20th. Tenaris’s dividend payout ratio (DPR) is presently 108.33%.
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Tenaris Company Profile
Tenaris SA is a holding company, which is a steel producer with production facilities in Mexico, Argentina, Colombia, United States and Guatemala. The Company supplies round steel bars and flat steel products for its pipes business. It operates through Tubes business segment. The Tubes segment includes the production and sale of both seamless and welded steel tubular products, and related services primarily for the oil and gas industry, principally oil country tubular goods (OCTG) used in drilling operations, and for other industrial applications with production processes that include in the transformation of steel into tubular products.
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