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Why NYSE:TS qualifies as a CANSLIM stock.

By Mill Chart

Last update: Sep 27, 2023

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 course 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.

Why NYSE:TS may be interesting 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.
  • With impressive quarter-to-quarter (Q2Q) revenue growth of 45.51%, TENARIS SA-ADR showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
  • Over the past 3 years, TENARIS SA-ADR has demonstrated 50.79% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
  • In terms of Return on Equity(ROE), TENARIS SA-ADR is performing well, achieving a 23.46% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
  • The Relative Strength (RS) of TENARIS SA-ADR has been consistently solid, with a current 82.04 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.
  • Maintaining a Debt-to-Equity ratio of 0.01, TENARIS SA-ADR demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
  • The ownership composition of TENARIS SA-ADR reflects a balanced investor ecosystem, with institutional shareholders owning 14.02%. This indicates a broader market participation and potential for increased trading liquidity.

Insights from Technical Analysis

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

Taking everything into account, TS scores 2 out of 10 in our technical rating. TS has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

  • The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
  • Looking at the yearly performance, TS did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
  • 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.

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

Zooming in on the fundamentals.

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

Taking everything into account, TS scores 8 out of 10 in our fundamental rating. TS was compared to 66 industry peers in the Energy Equipment & Services industry. Both the health and profitability get an excellent rating, making TS a very profitable company, without any liquidiy or solvency issues. A decent growth rate in combination with a cheap valuation! Better keep an eye on TS. With these ratings, TS could be worth investigating further for value and quality investing!.

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

More growth stocks can be found in our CANSLIM screen.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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