(TS) Tenaris - Ratings and Ratios

Tenaris S.A., through its subsidiaries, is a global manufacturer and supplier of steel pipe products and related services, primarily serving the energy sector and industrial applications. The companys product portfolio includes steel casings, tubing, line pipes, and mechanical pipes for oil, gas, and other high-pressure liquids. Its offerings extend to cold-drawn pipes for industrial uses, premium joints and couplings under brands like TenarisHydril and Ultra, and coiled tubing for drilling and subsea applications. Additionally, Tenaris provides sucker rods for oil extraction, pipe coating services, and automotive components. The company also engages in energy and raw material sales, intellectual property management, and financial operations.

Headquartered in Luxembourg City, Tenaris operates as a subsidiary of Techint Holdings S.à r.l. Its global presence spans North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. The company is a key player in the Oil & Gas Equipment & Services industry, with a market capitalization of $17.83 billion. Its financial metrics include a P/E ratio of 9.19, forward P/E of 11.16, and a return on equity of 10.94%, indicating moderate profitability.

Based on the provided data, the 3-month forecast for Tenaris S.A. (NYSE:TS) suggests cautious optimism. Technically, the stock is trading below its 20-day and 50-day moving averages (SMA 20: $35.37, SMA 50: $37.00), signaling potential near-term weakness. However, its forward P/E of 11.16 and RoE of 10.94% reflect underlying strength. The average true range (ATR) of 1.24 indicates moderate volatility. Fundamental stability in energy demand and the companys diversified product portfolio may support price recovery, but short-term headwinds could limit upside.