TS

Tenaris SA

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38.070

-0.09(-0.236%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

38.190

Open

38.070

VWAP

38.05

Vol

836.98K

Mkt Cap

40.81B

Low

37.750

Amount

31.85M

EV/EBITDA(TTM)

6.63

Total Shares

573.20M

17.76B

EV/OCF(TTM)

6.34

P/S(TTM)

1.75

Tenaris S.A. 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. It operates in geographical areas, such as North America, South America, Europe, Middle East and Africa, and Asia Pacific. Its products and services include OCTG, Premium Connections, Rig Direct, Offshore Line Pipe, Onshore Line Pipe, Hydrocarbon Processing, Power Generation, Sucker Rods, Coiled Tubing, Industrial and Mechanical, and Automotive.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q3

FY2025Q4

2.99B

-9.86%

0.876

+48.46%

2.93B

+0.57%

0.817

+0.81%

2.93B

+2.95%

0.826

-12.14%

Estimates Revision

The market is revising Upward the revenue expectations for Tenaris S.A. (TS) for FY2025, with the revenue forecasts being adjusted by 1.15% over the past three months. During the same period, the stock price has changed by 12.80%.

Revenue Estimates for FY2025

Revise Upward

+1.15%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-3.94%

In Past 3 Month

Stock Price

Go Up

+12.80%

In Past 3 Month

5 Analyst Rating

13.48% Upside

Wall Street analysts forecast TS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TS is 43.20 USD with a low forecast of 34.00 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Buy

0 Hold

1 Sell

Moderate Buy

13.48% Upside

Current: 38.070

Low

34.00

Averages

43.20

High

50.00

13.48% Upside

Current: 38.070

Low

34.00

Averages

43.20

High

50.00

Bernstein

Guillaume Delaby

Outperform

initiated

EUR 21

2025-07-21

Reason

Bernstein

Guillaume Delaby

Price Target

EUR 21

2025-07-21

initiated

Outperform

Reason

Bernstein analyst Guillaume Delaby initiated coverage of Tenaris with an Outperform rating and EUR 21 price target. At 80 years old, respectively, Tenaris is now reaching the "Age of Maturity." This "Age of Maturity" is the attractive combination of five positive attributes: capable, no-nonsense management teams/boards of directors; positive net cash positions; likely underestimated visibility on future cash flows; an oligopolistic premium seamless tubes market; and increased speculative appeal.

Stifel

Stephen Gengaro

Strong Buy

Maintains

$43 → $41

2025-04-15

Reason

Stifel

Stephen Gengaro

Price Target

$43 → $41

2025-04-15

Maintains

Strong Buy

Reason

Stifel lowered the firm's price target on Tenaris to $41 from $43 and keeps a Buy rating on the shares. Ahead of Q1 earnings season, the firm is updating its oilfield services and equipment group earnings models to reflect modestly lower Q1 activity than expected as well as a more cautious near-term outlook, the analyst tells investors in a preview.

Barclays

David Anderson

Buy

Maintains

$48 → $50

2025-02-24

Reason

Barclays

David Anderson

Price Target

$48 → $50

2025-02-24

Maintains

Buy

Reason

Barclays raised the firm's price target on Tenaris to $50 from $48 and keeps an Overweight rating on the shares. While trade actions look set to disrupt the U.S. and global oil country tubular goods market, Tenaris remains a global leader with the flexibility to adapt, the analyst tells investors in a research note.

Stifel

Stephen Gengaro

Strong Buy

Maintains

$40 → $43

2025-02-21

Reason

Stifel

Stephen Gengaro

Price Target

$40 → $43

2025-02-21

Maintains

Strong Buy

Reason

Jefferies

Alan Spence

Hold

Strong Buy

Upgrades

$35 → $47

2024-12-09

Reason

Jefferies

Alan Spence

Price Target

$35 → $47

2024-12-09

Upgrades

Hold

Strong Buy

Reason

Jefferies analyst Jamie Franklin upgraded Tenaris to Buy from Hold with a price target of $47, up from $35. Tenaris has rallied post-U.S. Election, but the firm sees further value. In its Q3 preview, Jefferies viewed potential for upside to consensus in 2025, and now it is raising FY25 EBITDA by 7% to $3B on its higher U.S. pricing assumptions.

Stifel

Stephen Gengaro

Strong Buy

Maintains

$37 → $36

2024-10-11

Reason

Stifel

Stephen Gengaro

Price Target

$37 → $36

2024-10-11

Maintains

Strong Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Tenaris SA (TS.N) is 11.30, compared to its 5-year average forward P/E of 14.48. For a more detailed relative valuation and DCF analysis to assess Tenaris SA 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

14.48

Current PE

11.30

Overvalued PE

49.05

Undervalued PE

-20.09

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

6.45

Current EV/EBITDA

6.22

Overvalued EV/EBITDA

9.04

Undervalued EV/EBITDA

3.86

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

1.55

Current PS

1.68

Overvalued PS

1.83

Undervalued PS

1.28