News headlines about Tenaris (NYSE:TS) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing 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 coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 47.1834688273345 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- Tenaris (TS) Upgraded to Buy at BidaskClub (americanbankingnews.com)
- What You Absolutely Can’t Miss: Sirius XM Holdings Inc. (NASDAQ:SIRI), Tenaris SA (NYSE:TS) (thestreetpoint.com)
- Lydall, Inc. (LDL) EPS Estimated At $0.65; TENARIS SA LUXEMBOURG ORDINARY SHARES (TNRSF) Shorts … (mtastar.com)
- Global Sucker Rod Market 2018 Report – Dover, Weatherford, keruigroup, Exceed and Tenaris (opinioninvestor.com)
- Now Are The Time To Reconsider SLM Corporation (NASDAQ:SLM), Tenaris SA (NYSE:TS), AmTrust Financial … (journalfinance.net)
TS has been the subject of a number of research analyst reports. Cowen set a $33.00 price target on Tenaris and gave the stock a “hold” rating in a research note on Thursday, January 11th. Morgan Stanley raised their price target on Tenaris from $38.00 to $40.00 and gave the stock an “overweight” rating in a research note on Thursday, February 22nd. Barclays reaffirmed a “buy” rating and issued a $43.00 price target on shares of Tenaris in a research note on Tuesday, March 20th. Zacks Investment Research raised Tenaris from a “hold” rating to a “strong-buy” rating and set a $40.00 price target for the company in a research note on Thursday, March 1st. Finally, UBS raised Tenaris from a “sell” rating to a “hold” rating and set a $38.00 price target for the company in a research note on Friday, March 16th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $39.08.
Tenaris (NYSE:TS) last announced its quarterly earnings data on Wednesday, February 21st. The industrial products company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.21 by $0.06. The business had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.49 billion. Tenaris had a return on equity of 3.92% and a net margin of 10.30%. equities analysts expect that Tenaris will post 1.11 EPS for the current year.
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Tenaris Company Profile
Tenaris SA produces and sells seamless and welded steel tubular products and related services for the oil and gas industry, and other industrial applications. The company offers products for oil and gas drilling operations, such as casing and tubing products, premium connections, drill pipes, coiled tubing, hot-rolled and cold-drawn seamless tubes, tubular and non-tubular accessories, and devices.
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