Tenaris stock set to rebound, says Jefferies, citing US pricing and volume growth

TS Stock  USD 38.49  0.30  0.77%   
Slightly above 67% 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 stock set to rebound, says Jefferies, citing US pricing and volume growth

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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.

Target Price

Target Price Comparative Analysis

Tenaris SA is currently under evaluation in target price category among its peers.

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

RESRPC   4.97   
0%
100.0%
VTOLBristow   4.71   
0%
94.0%
DNOWNow   0.81   
0%
16.0%
HALHalliburton   0.03   
1.0%
0%
CHXChampionX   0.10   
2.0%
0%
RNGRRanger Energy   0.32   
6.0%
0%
BKRBaker Hughes   0.53   
10.0%
0%
FTITechnipFMC PLC   0.59   
11.0%
0%
OIIOceaneering International   0.63   
12.0%
0%
SLBSchlumberger   0.73   
14.0%
0%

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.