Is NYSE:TS suited for growth investing?

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if TENARIS SA-ADR (NYSE:TS) is suited for growth investing. Investors should of couse do their own research, but we spotted TENARIS SA-ADR showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Some of the canslim metrics of NYSE:TS highlighted

• The quarterly earnings of TENARIS SA-ADR have shown a 75.93% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• TENARIS SA-ADR has achieved 45.51% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
• TENARIS SA-ADR has experienced 50.79% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• TENARIS SA-ADR showcases a robust Return on Equity (ROE) of 23.46%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
• TENARIS SA-ADR has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 92.14 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. TENARIS SA-ADR is well-positioned for potential price growth opportunities.
• With a current Debt-to-Equity ratio at 0.01, TENARIS SA-ADR showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• With 13.33% of the total shares held by institutional investors, TENARIS SA-ADR showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Technical Analysis Observations

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

Taking everything into account, TS scores 8 out of 10 in our technical rating. Although TS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

• The long and short term trends are both positive. This is looking good!
• In the last month TS has a been trading in the 31.60 - 34.20 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
• Looking at the yearly performance, TS did better than 92% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
• TS is an average performer in the Energy Equipment & Services industry, it outperforms 56% of 67 stocks in the same industry.
• TS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TS is lagging the market slightly.

Check the latest full technical report of TS for a complete technical analysis.

Fundamental analysis of NYSE:TS

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

We assign a fundamental rating of 8 out of 10 to TS. TS was compared to 67 industry peers in the Energy Equipment & Services industry. TS has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. A decent growth rate in combination with a cheap valuation! Better keep an eye on TS. This makes TS very considerable for value and quality investing!

Our latest full fundamental report of TS contains the most current fundamental analsysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.