Exploring NYSE:TS's growth characteristics.

In this article we will dive into TENARIS SA-ADR (NYSE:TS) as a possible candidate for growth investing. Investors should always do their own research, but we noticed TENARIS SA-ADR showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

What matters for canslim investors.

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), TENARIS SA-ADR highlights its ability to generate increasing profitability, showcasing a 75.93% growth.
• 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.
• The 3-year EPS growth of TENARIS SA-ADR (50.79%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• TENARIS SA-ADR has a healthy Return on Equity(ROE) of 23.46%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
• The Relative Strength (RS) of TENARIS SA-ADR has been consistently solid, with a current 86.59 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. TENARIS SA-ADR exhibits strong prospects for further price appreciation.
• With a Debt-to-Equity ratio at 0.01, TENARIS SA-ADR showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
• With institutional shareholders at 14.02%, TENARIS SA-ADR demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.

Technical Analysis Observations

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

Taking everything into account, TS scores 5 out of 10 in our technical rating. In the last year, TS was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

• The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
• Looking at the yearly performance, TS did better than 86% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
• TS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TS is lagging the market.

For an up to date full technical analysis you can check the technical report of TS

What is the full fundamental picture of NYSE:TS telling us.

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

Overall TS gets a fundamental rating of 8 out of 10. We evaluated TS against 67 industry peers in the Energy Equipment & Services industry. TS scores excellent points on both the profitability and health parts. This is a solid base for a good stock. A decent growth rate in combination with a cheap valuation! Better keep an eye on TS. These ratings could make TS a good candidate 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.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.