Tenaris S.A. (TS)
NYSE: TS · IEX Real-Time Price · USD
37.87
+0.11 (0.29%)
At close: Apr 23, 2024, 4:00 PM
37.52
-0.35 (-0.92%)
Pre-market: Apr 24, 2024, 8:40 AM EDT
Tenaris Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Tenaris stock have an average target of 42, with a low estimate of 40 and a high estimate of 44. The average target predicts an increase of 10.91% from the current stock price of 37.87.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Tenaris stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 2 | 2 | 2 | 1 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy → Sell Downgrades $40 | Buy → Sell | Downgrades | $40 | +5.62% | Apr 18, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 4, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $40 → $38 | Buy | Maintains | $40 → $38 | +0.34% | Oct 17, 2023 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $42 → $40 | Buy | Maintains | $42 → $40 | +5.62% | Jul 17, 2023 |
| Jefferies | Jefferies | Strong Buy Initiates $42 | Strong Buy | Initiates | $42 | +10.38% | Jun 29, 2023 |
Financial Forecast
Revenue This Year
13.30B
from 14.87B
Decreased by -10.54%
Revenue Next Year
13.18B
from 13.30B
Decreased by -0.92%
EPS This Year
2.17
from 6.65
Decreased by -67.30%
EPS Next Year
2.10
from 2.17
Decreased by -3.54%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.8B | 15.3B | 16.0B | 13.9B | 14.1B |
| Avg | 13.3B | 13.2B | 13.3B | 12.6B | 13.6B |
| Low | 11.5B | 11.5B | 11.7B | 11.5B | 13.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.4% | 15.0% | 21.3% | 4.3% | 12.4% |
| Avg | -10.5% | -0.9% | 0.8% | -5.2% | 8.1% |
| Low | -22.9% | -13.5% | -11.6% | -13.4% | 4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.50 | 2.70 | 2.78 | 1.63 | 1.72 |
| Avg | 2.17 | 2.10 | 2.02 | 1.51 | 1.66 |
| Low | 1.93 | 1.87 | 1.58 | 1.41 | 1.61 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -62.4% | 24.1% | 32.7% | -19.5% | 14.0% |
| Avg | -67.3% | -3.5% | -3.6% | -25.3% | 9.7% |
| Low | -71.0% | -13.9% | -24.8% | -30.2% | 6.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.